Capital options for sole proprietors

It’s not surprising that most startups rely on their own resources (personal savings, family and friends) to fund their businesses. And even after the startup stage, the capital options don’t get much better, especially for sole proprietors. Sole proprietorships can’t sell stock in their businesses, which limits investor prospects. Applying for a bank loan is a possibility but without substantial collateral, the chances of approval are low.

As money continues to be tight, more and more small business owners are on the hunt for capital. Here are capital options for sole proprietors.

Small business disaster relief

If your business was lucky enough to secure some of the disaster relief funding from the CARES Act, congratulations!

According to the U.S. Treasury, nearly five million small businesses received loans from the SBA’s Paycheck Protection Program (PPP). The $20 billion authorized by Congress for the SBA’s Economic Injury Disaster Loan (EIDL) advances have … Read more

4 Ways to Make Money Fast

Money. Cash. Scratch. Sometimes there just isn’t enough of it to make ends meet. When the going gets tough, learn how to make extra money, and consider the pros and cons of each idea.

1. Get a side gig

If you have even a little bit of time, you may be able to find a side job to earn some extra dough. In the midst of our chaotic time, there is increased demand for delivery services. Two popular categories include grocery shopping (like Shipt or Instacart) and food (like Grubhub or Uber Eats).

  • Advantage: You don’t have to pay it back; it’s your money to spend.
  • Disadvantage: It may take some time to find the right opportunity.

2. Through a home equity loan or home equity line of credit

Both of these options hinge on the same basic idea: You owe less on your house than what it’s worth. The … Read more

Seahawk: PSD-to-WordPress specialists

Tell us about yourself. Who are you? Where are you based?

We are Seahawk, based in Boston and New Delhi. Our company specializes in marketing and WordPress professional services. We’ve been GoDaddy Pro partners since the program first launched.

The co-founders of Seahawk, Ryan and Gautam, met through the GoDaddy Pro program. Gautam won the GoDaddy India award for Bijness Bhai, which caught Ryan’s attention. They met and quickly started working together.

Today, Seahawk is a 50+ person company dedicated to helping brands around the world with their marketing.

What’s the elevator pitch for your business? Describe what you do.

Seahawk is a marketing and WordPress services company for brands around the world. We help brands build custom websites through our PSD-to-WordPress conversion process and offer a wide range of marketing services. Seahawk also operates professional service departments for large enterprises.

What inspired you to start your business? How Read more