3 Reasons to Start A Small Biz in 2016

You’ve been reading our blogs and social media posts all year on the personality traits of an entrepreneur, how to write a business plan, how important social media is to consumer trust, along with all the other wonderful and educational content we put out. And to every blog, every tip, every video, your desire to start your own business grows even more restless. You’ve even laid out some initial ideas and plans – just for fun, of course. Well, we’re here to tell you now is the time! Today is the day! 2016 is the year you can make your dream a reality and here’s why:

1. Approval rates for small business loans haven’t been this high since 2009. Non-traditional lenders in partnership with banks are helping small towns grow as their solution to help the country rise out of the recession making this the perfect time for entrepreneurs in their search of capital to accomplish their dreams.
2. Consumers are more on board to support you than ever before. The growing trend of shopping and buying local doesn’t seem to be dying down anytime soon. Small businesses hold more value over large corporations due to this current national mentality. Customers feel spoiled by the personal service and feel proud of giving back to their community. A recent survey even showed 60% of consumers said they didn’t mind paying more at a small business.
3. Happiness comes with the territory. According to GoBankingRates, entrepreneurs with startups are happier than their friends who hold regular jobs and that fulfillment grows after their businesses become established. Surveys attribute it to entrepreneurs being allowed to create the workplace they want, set their own schedules, choose their clientele, and most of all, do work they enjoy.