By Doug Bonderud, writer and regular contributor for OnDeck
The rate of small business failure is trending downward, Entrepreneur reports. The trend stems partly from savvy business owners who do their homework before putting their product or service on the market. It can also be attributed to the rise of accessible, cloud-based eCommerce tools and accounting solutions, which make it possible for even home-based businesses to enjoy global impact.
The opportunity for success has never been greater than it is right now. But there’s a problem: While you’re long on ideas, you’re short on cash. So how do you start making money when you don’t have any to spare? (more…)