85% of Small Business Owners Say They’re Living the Dream

“The American Dream” is a concept that can vary from person to person and seem almost impossible to really achieve. However, the vast majority of small business owners seem to feel that they’ve already reached that lofty goal. American Dream Statistics According to recent findings from Kabbage, a financial services and data platform, 85 percent of small business owners believe that being your own boss and owning a business is achieving the American Dream. In addition, 84 percent said they hope their children will also one day become small business owners. The…

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Blockchain Investment Services: What Small Business Owners Should Know

All economies are built on the basic premise of bartering. Before the creation of currencies, humans exchanged goods by trading one good (or a basket of goods) for another. If someone wanted some of his neighbor’s catch from the day, perhaps he would trade three shucks of corn from his field for one fish–thus initiating a trade. As society advanced, humans began to use precious metals to assign value to objects. No longer did people trade three shucks of corn for a fish–no, now they had to give the fisherman…

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Small Business Owners, Have You Created a Rainy Day Fund?

You’ve got your emergency fund set up — three to six months of living expenses set aside for unexpected events — and you’re finally feeling a sense of financial security. But what, exactly, constitutes a financial emergency? We asked financial advisor Laura Scharr-Bykowsky for tips on when to tap your emergency fund and other advice on saving up for a rainy day. When Should People Tap Their Emergency Funds? Emergency funds provide peace of mind when there’s an unusual or catastrophic event in your life. Loss of income due to unemployment or…

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