Small Business News

REAP Gets Certified, and That Is a Good Thing!

What in the heck is the Rural Investment Corporation? You may have heard that term floating around and wondered what it meant. The Rural Investment Corporation (RIC) was established in 2011 as a legal subsidiary of the Center for Rural Affairs. It now operates as an essential partner to REAP, the Center’s small business development program.

Three Guaranteed Ways to Increase Your Business

Small businesses continually seek surefire ways to grow. But there is no one answer for where and how to advertise, how much to spend, or how to reach the people who are your most likely prospects. All of these depend on where you are, what you do, your position in the marketplace, and the types of problems you solve for your customers.

While there is no silver bullet that works for everyone, there are three guaranteed ways to increase your business.

Top 15 Types of Latino-owned Businesses

A few weeks ago, a colleague asked me why Latino micro entrepreneurs focus on retail or construction businesses instead of developing other ideas. As a loan specialist who works directly with Latino businesses, my immediate thought was, I see more than retail.

I decided to look into it. I found an analysis of the nations’ top 15 small business categories owned by Latinos. The study used census data from 2010 to 2015, and was done by the Fiscal Policy Institute.

Avoid the Payday Loan Trap

Jeremiah Luebbe, an attorney with Steffens Law Office in Broken Bow, Nebraska reached out to me to brainstorm a small business training session for the Center for Rural Affairs' REAP program. As we chatted, we discovered a mutual loathing for payday lending. Jeremiah gave us permission to use an article written by Steffens Law Office, P.C. on the topic, presented below.

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