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10 Key Steps To Getting A Small Business Loan

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Richard Harroch. Small business loans are available from a large number of traditional and alternative lenders. Small business loans can help your business grow, fund new research and development, help you expand into new territories, enhance sales and marketing efforts, allow you to hire new people, and much more. This article sets forth 10 key steps to take in getting a small business loan, with some practical advice and insight on the lending process. 1. Understand the Different Types of Small Business Loans Available There are multiple types of small business loans available. The options vary depending on your business needs, the length of the loan, and the specific terms of the loan. Here are a number of small business loan choices: Small business line of credit. Under a small business line of credit, your business can access funds from the lender as needed. There will be a cap on the amount of funds accessible (e.g., $100,000) but a line of credit is useful for managing a

China's Tencent Has Quietly Built An Entertainment Empire That Western Tech Giants Can Only Envy

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Yue Wang. In their battle for people’s screen time, U.S. technology giants are all targeting the entertainment industry, with companies including Apple, Amazon and Facebook each setting aside billions of dollars to develop original content and shows. But for a glimpse of a future where one digital powerhouse rules every facet of entertainment, people should look to China, where web giant Tencent is edging steadily towards that goal. The Disney of China? Tencent, headquartered in the Chinese technology hub of Shenzhen, is best known as the operator of WeChat, an instant-messaging app with 963 million users that also offers services such as shopping, payment and online food delivery. But in recent years the company has quietly built another juggernaut – a media and entertainment empire encompassing music, film and television shows. This entertainment behemoth is poised to rival many of its competitors in creative prowess, and already has an inbuilt online reach that western compan

Why Hershey And Campbell Soup Are Spending Billions To Gobble Up Smaller Snack Brands

Why Hershey And Campbell Soup Are Spending Billions To Gobble Up Smaller Snack Brands Maggie McGrath. There's a feeding frenzy happening in the snack aisle. Monday morning, legacy food companies The Hershey Company and Campbell Soup each announced deals to purchase smaller food brands: Hershey is spending $1.6 billion on Skinny Pops owner Amplify Brands, and Campbell Soup is shelling out $4.9 billion on pretzel and chip maker Snyder's-Lance . For both food behemoths, the acquisitions offer opportunities to gain a deeper hold on the $27.7 billion (and growing) salty snack market. “Hershey’s snack mix and meat snacks products, combined with Amplify’s Skinny Pop, Tyrrells, Oatmega, Paqui and other international brands, will allow us to capture more consumer snacking occasions by creating a broader portfolio of brands," Hershey CEO Michele Buck said in a statement Monday morning. In recent years, Hershey has gobbled up the likes of Brookside Foods, Krave Jerky and BarkT

Kenyan inventors create 'panic button' app to help save lives

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