Biggest Problems for Small Business
This 1998 Study by the NFIB identifies the biggest problems that small businesses have:
1. Capital – 27.9%
2 . Locating customers – 23.4%
3. Getting everything organized – 21.0%
I think that FeeFighters can help with #1 by helping small business owners contact and evaluate providers of business financing. However, we can’t totally solve the problem. The fact is, small business owners are always going to want more financing than is available, the ability to finance your business is part of the healthy weeding-out process that ensures only strong businesses succeed.
We can dramatically help with #3, however, getting everything organized. As I have explained elsewhere on this site, managing the process of shopping for the financial services that a small business needs to get up and running (payroll, credit card processing, etc.) is very time consuming. Our technology and processes cuts that time very significantly.