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San Francisco’s small businesses are in crisis. A number of factors are driving even decades-old businesses to close their doors: difficulty hiring employees due to the city’s housing crunch, competition with e-commerce and on-demand delivery giants, and extra pressure from city-imposed mandates. But there is one factor business owners can theoretically control: buying their spaces instead of leasing them, as a hedge against skyrocketing commercial rents.
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“Catering is not just a necessity anymore, it has to be a highlight of the event, especially here in Las Vegas,” said Alex Barnett, one of three owners of Cut and Taste and a University of Nevada, Las Vegas graduate.
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The SBA 504 Program, while not well known, is an excellent option for San Diego small business owners looking to finance the purchase of a building for their business.
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Beer entrepreneurs have turned to the Small Business Administration’s (SBA) 504 program to expand their companies because the terms are typically significantly more attractive than conventional financing. The SBA 504 Loan is specifically designed to help small businesses with their expansion.
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Kingfish Pub & Cafe is an iconic Oakland establishment that has been serving Oakland locals for nearly 100 years. Due to a condominium development project for the land the pub sat on – the beloved watering hole was in jeopardy of having their doors closed for good.
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