20 Small Biz Facts-Infographic

| June 25, 2018

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The Small Business Administration (SBA) does not lend any money 53% of small business owners said they were unable to grow or expand their business due to a lack of capital In order to secure a small business loan, business owners need to put up personal collateral (like their house) as a guarantee.

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SNG Trading Ltd

SNG Trading Ltd own a number of Brands providing great quality and value to the Consumer. We also produce a number of own label products for other companies and retailers in many different product groups.

OTHER ARTICLES

Why Content Marketing Is a Must-Have for Small Businesses

Article | March 18, 2020

When it comes to digital marketing for businesses, as the saying goes: content is king. Content marketing, that is. That's why a whopping 70% of marketers are currently investing in content strategies, and 72% cite having a good content strategy as a major key to their success. For small businesses, content marketing is arguably even more vital. That's because smaller companies often don't have the marketing resources that larger firms do, and content marketing delivers some of the highest overall ROI for every marketing dollar spent. It's also a long-term strategy that can continue to pay dividends for a long time after it's put into effect.

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Checklist for a Healthy In-House Marketing Team

Article | July 20, 2021

As the pandemic hit nearly every industry hard in 2020 and early 2021, many businesses did whatever they could to reduce expenses. Considering the sting of government shut-downs, operational restrictions, and lagging sales numbers, it’s no wonder that companies cut their marketing budgets! In one study, 72 percent of marketers said their budgets were either reduced or cut entirely. With companies spending less on marketing, more responsibilities naturally have fallen on in-house teams. Now that the economy is starting to rebound and life (and work) are returning to some degree of “normal,” entrepreneurs may be wondering if they should continue to handle their marketing efforts.

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3 Of The Most Common Bank Loans For Small Businesses

Article | April 7, 2020

Securing a small business loan is challenging. However it’s always advisable to head off to your local bank for a loan when the need for cash hits and investor money isn’t available and/or wanted. Well that’s because banks tend to have a few more scruples than higher-risk lenders, and will offer more favorable terms, specifically regarding the interest rate you’ll have to pay on the loan amount. Using the bank to help you pay off sudden emergency needs, or eliminate higher-interest debt, can save you hundreds or thousands in interest payments. A small business loan, including lines of credit, are also less expensive than credit cards, which generally have much higher interest rates.

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Overspending Mistakes Your Small Business May Be Overlooking

Article | February 18, 2020

For small businesses, every dollar counts. That's why it is important to make sure you aren't overspending in areas you can't afford to. Starting up a new business is rarely an easy endeavor and keeping it growing and thriving for years to come will always require work and attention. Industries change and consumer spending habits can shift from year to year. How a business manages its finances to adapt to these changes is often a determining factor in its survival. The best way to ensure that entrepreneurs don't steer their new business ventures off a cliff is by planning ahead to avoid potential money mistakes. Hidden overspending pitfalls could be one of the more dangerous issues small businesses face.

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Spotlight

SNG Trading Ltd

SNG Trading Ltd own a number of Brands providing great quality and value to the Consumer. We also produce a number of own label products for other companies and retailers in many different product groups.

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