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Being an entrepreneur was tough before the pandemic. Nearly two years in, it’s proven to be nearly impossible to access traditional forms of funding needed to sustain a business through this kind of cultural and economic turmoil. And, the numbers show just how tough it’s been.

While you might feel alone as a business owner in your feelings that you’re not scaling at the speed you’d like or that you are hitting obstacle after obstacle, studies show that most small businesses go through very similar stages of growth. 

Did you know that by June 2022, if you’re a California business owner with more than 5 employees, you’ll be required to offer some sort of retirement solution to all of your employees? That might sound like it’s going to seriously affect your budget, but there are cost-effective and even free options available to you in order to meet those requirements!

Is your growing company currently registered as an LLC? LLCs are not only super common, with nearly 2.5 million of them in operation in the United States, but they’re one of the fastest growing business structures in the country. It’s likely due to the flexibility to choose how you want to be taxed and due to the fact that this type of business structure protects you as the owner from personal responsibility for debts or liabilities.

Did you know that, in the state of California, 99.8% of businesses are small businesses? There are over 4.2 million small businesses registered in the state, which we hope helps you feel pretty confident that if you’re wondering how to start a business in California then you’re in good company!

As a business owner, you likely understand that one of the biggest challenges of scaling your company isn’t just the inability to secure funding, it’s also the inability to access non-traditional sources of capital in the first place. Right? Absolutely. You know we’re right, and so do we, because we’ve been where you’ve been.