Tips for small businesses seeking to secure capital

While some business owners are cautiously upbeat about the economy, they say that getting access to credit is still a challenge. It's important for business owners who are seeking loans to build relationships with their bankers, according to Wells Fargo's Patty Tuttle, who participated in a panel discussion at America's Small Business Summit in Washington, D.C. Other advice from the panel included getting your business finances in order, exploring alternatives to traditional loans and putting a solid business plan in place.SmartBrief/SmartBlog on Finance (5/22), Inc. online (5/22)

Don't trash social media -- use it, Gary Vaynerchuk says

Best-selling author Gary Vaynerchuk told attendees of America’s Small Business Summit in Washington, D.C., Monday they need to spend less time protesting social media and more time using it. "People aren’t looking at billboards, they aren't even looking at the freakin' road anymore." Social media is where they are looking. It's becoming the main way people communicate and glean advertising messages, so businesses have to use it, Vaynerchuk explained. SmartBrief/SmartBlog on Social Media (5/22)


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