Cutting expenses can seem like an attractive way to increase profits and free up money for growth, however entrepreneurs should think carefully before slashing their budgets.
The trends in the tech industry in Santa Clara County will determine much of its economic landscape in the new year.
California's economy remains convalescent, despite the slowed growth that came in 2013 from Federal policy changes, the sequester and the government shutdown.
Most entrepreneurs will be looking to increase their revenues in 2014, and the end of the year is an ideal time to wind down and take a look at the big picture of a business.
As 2013 draws to a close, many entrepreneurs are sitting down to review how it went and plan for next year.
This year was the fourth in a row of year-over-year improvement in the Thomson Reuters/PayNet Small Business Lending Index, which measures the volume of commercial loans made to small firms.
FICO, one of the major bureaus that provides credit scores, will be partnering with credit management companies to make small-business scores available to founders.
Entrepreneurs may make several missteps on the road to success.
The Bay Area saw another record fiscal year for SBA loans in 2013, according to the North Bay Business Journal.
The Small Business Administration's loan-guarantee programs have set agency records in recent years, according to acting chief Jeanne Hulit.