SEEK BUSINESS CAPITALPERSONALBUSINESSCAREERSABOUTREVIEWSCONTACT Easy To Work With And Fast Turnaround Time “So easy to work with and a fast turn around time.If you need an unsecured start-up business loan, this is the company to use. Everyone was friendly and helpful and got us what we needed.Thank you to everyone else who helped us at

Seek Capital!”

IF I GOT APPROVED FOR A PPP, CAN I ALSO GET THE ERC The short answer is yes: You can get the Employee Retention Credit (ERC) even if you’ve received a Paycheck Protection Program (PPP) loan. That wasn’t always the case, however. When the CARES Act got signed into law in March of 2020, it prohibited PPP loan recipients from applying for the ERC. But thanks to later stimulus packages that THE 20 FASTEST GROWING INDUSTRIES FOR 2021 AND BEYONDSEE MORE ON

SEEKCAPITAL.COM

IS MY BUSINESS ELIGIBLE FOR THE ERC? The answer to this question depends in part on what kind of business structure you have. The ERC is available to any sole proprietorship, LLC, S-Corp, C-Corp or 1099 employee that meets the eligibility requirements. Effective Jan. 1, 2021, those requirements include small businesses that had an average of fewer employees than 500 full-time 3 STEPS TO TAKE YOUR COMPANY FROM SMALL BUSINESS TO BIG 3. Acquire a Competitor. The last step that you can take to grow your business from a small one to a big one is to eventually acquire smaller competitors. During an acquisition, you will gain the other company’s locations, products, employees and assets. 20 BEST LOW-COST FRANCHISES: OPPORTUNITIES TO START YOUR My Gym Children’s Fitness Center. Fiesta Auto Insurance and Tax Service. Rooter-Man. Kumon Math and Reading Centers. The Maids. Keep reading to get information on franchise fees, net worth requirements and initial investment requirements for the 20 best low-cost franchises you can start. BEST STATES TO START A BUSINESS (2021 STUDY) HOW TO WRITE A TRUCKING BUSINESS PLAN Unless you have rich relatives willing to finance your trucking business with no questions asked, it’s in your best interest to write a business plan to aid you when approaching lenders, investors or partners to maximize your chance of getting funding assistance.. A comprehensive, detailed and properly structured trucking business plan can help you get the financing you need to purchase PRINCIPAL VS. ESCROW Principal Mortgage Payments. Unlike other types of loans, the principal on your mortgage is actually paid in arrears and after the interest on your mortgage has accrued. That’s why when you take out a mortgage, your first payment isn’t due until the first complete month following its closing. CONVERTIBLE NOTE VS. EQUITY EXPLAINED Equity is often cheaper than convertible debt. That’s because convertible notes often cost up to 25% more to the startup company compared to equity deals due to discounts and the cost of issuing the notes in the first place. Equity deals are often better defined, both for investors and for company owners. SEEK BUSINESS CAPITALPERSONALBUSINESSCAREERSABOUTREVIEWSCONTACT Easy To Work With And Fast Turnaround Time “So easy to work with and a fast turn around time.If you need an unsecured start-up business loan, this is the company to use. Everyone was friendly and helpful and got us what we needed.Thank you to everyone else who helped us at

Seek Capital!”

IF I GOT APPROVED FOR A PPP, CAN I ALSO GET THE ERC The short answer is yes: You can get the Employee Retention Credit (ERC) even if you’ve received a Paycheck Protection Program (PPP) loan. That wasn’t always the case, however. When the CARES Act got signed into law in March of 2020, it prohibited PPP loan recipients from applying for the ERC. But thanks to later stimulus packages that THE 20 FASTEST GROWING INDUSTRIES FOR 2021 AND BEYONDSEE MORE ON

SEEKCAPITAL.COM

IS MY BUSINESS ELIGIBLE FOR THE ERC? The answer to this question depends in part on what kind of business structure you have. The ERC is available to any sole proprietorship, LLC, S-Corp, C-Corp or 1099 employee that meets the eligibility requirements. Effective Jan. 1, 2021, those requirements include small businesses that had an average of fewer employees than 500 full-time 3 STEPS TO TAKE YOUR COMPANY FROM SMALL BUSINESS TO BIG 3. Acquire a Competitor. The last step that you can take to grow your business from a small one to a big one is to eventually acquire smaller competitors. During an acquisition, you will gain the other company’s locations, products, employees and assets. 20 BEST LOW-COST FRANCHISES: OPPORTUNITIES TO START YOUR My Gym Children’s Fitness Center. Fiesta Auto Insurance and Tax Service. Rooter-Man. Kumon Math and Reading Centers. The Maids. Keep reading to get information on franchise fees, net worth requirements and initial investment requirements for the 20 best low-cost franchises you can start. BEST STATES TO START A BUSINESS (2021 STUDY) HOW TO WRITE A TRUCKING BUSINESS PLAN Unless you have rich relatives willing to finance your trucking business with no questions asked, it’s in your best interest to write a business plan to aid you when approaching lenders, investors or partners to maximize your chance of getting funding assistance.. A comprehensive, detailed and properly structured trucking business plan can help you get the financing you need to purchase PRINCIPAL VS. ESCROW Principal Mortgage Payments. Unlike other types of loans, the principal on your mortgage is actually paid in arrears and after the interest on your mortgage has accrued. That’s why when you take out a mortgage, your first payment isn’t due until the first complete month following its closing. CONVERTIBLE NOTE VS. EQUITY EXPLAINED Equity is often cheaper than convertible debt. That’s because convertible notes often cost up to 25% more to the startup company compared to equity deals due to discounts and the cost of issuing the notes in the first place. Equity deals are often better defined, both for investors and for company owners. BEST STATES TO START A BUSINESS (2021 STUDY) It seems geographically-speaking, the worst area for starting a business these days is the Northeast. Major cities like Boston, New York and Philadelphia might stand out as major business centers, but their respective states have declining populations, high taxes and

mediocre-to

HOW TO START A TRUCKING COMPANY It can come with autonomy and freedom, but it also requires more responsibility and business skills. Here are the steps you can take to start a trucking company: 1. Assess Your Strengths and Weaknesses. Honest self-assessment is an important first step when opening any business, including trucking. HOW TO KEEP YOUR CUSTOMERS AND EMPLOYEES SAFE Safeguard Your Employees. Along with customers, it’s essential that you make a visible and genuine effort to keep your workforce safe. This is most obvious if they’re returning to a physical workspace. As you reopen offices or unlock storefronts, make sure that your staff isn’t just protected from the coronavirus with sufficient PPE 10 INCORPORATION DOCUMENTS YOU NEED TO CREATE A 10. Annual Report (Corps and LLCs) If you’ve incorporated as an LLC, S-Corp or C-Corp, most states require you to file an annual report with the Secretary of State’s office. This can usually be done online on the state’s website. You’ll likely have to pay a fee that ranges from $50 to $400, depending on the state. COMPANY VS. ENTERPRISE VS. CORPORATION: BUSINESS 101 The best way to think of a company is a collection of individuals doing business. Whereas a business can theoretically be run by a single person, a company by definition must have multiple people with ownership stakes in the business. For example, someone could run a small carwash business and hire a few family members as workers. CAN YOU CLAIM THE ERC RETROACTIVELY? The process involves electing to treat qualified wages paid from the first through third quarters of 2020 as being paid in Q4 2020. For 2021, the updated law also lets eligible businesses file for an advance payment of the ERC, up to a certain amount. Just be warned: Getting a retroactive refund for the tax credit might take some time. EIN LOOKUP: HOW TO FIND BUSINESS TAX ID NUMBERS FOR YOU If all else fails and you really cannot find your EIN on existing documents, you can reach out to the IRS by calling the Business & Specialty Tax Line at 800-829-4933. Make sure to call between the hours 7 a.m. and 7 p.m. local time. If your EIN has changed recently, which could render any old documents useless, you should definitely

call the IRS.

HOW TO CANCEL YOUR SBA LOAN APPLICATION Within the SBA’s government website, you will find a section that informs applicants of how they can cancel their application. To do so, simply email a cancellation request to loanresolution@sba.gov. When you send your request, you will need to include both the loan name and

number.

15 ENTREPRENEURS ON THEIR BIGGEST FEARS The first is to keep important MOTs top of mind by making reminders. The second practice is equipping employees to detect and react to MOTs.”. 3. Trying to Balance Everything. “The biggest fear that I face in my business is the fear of not being able to ‘do it all.’. THE MOMENT 11 ENTREPRENEURS KNEW IT WAS TIME TO QUIT THEIR The decision requires evaluating yourself, your finances, your passion for your current job and your passion for going out on your own. In order to help with this crucial decision, Seek Capital talked to 11 entrepreneurs on when they knew it was time to quit their jobs and start their business. SEEK BUSINESS CAPITALPERSONALBUSINESSCAREERSABOUTREVIEWSCONTACT Easy To Work With And Fast Turnaround Time “So easy to work with and a fast turn around time.If you need an unsecured start-up business loan, this is the company to use. Everyone was friendly and helpful and got us what we needed.Thank you to everyone else who helped us at

Seek Capital!”

IF I GOT APPROVED FOR A PPP, CAN I ALSO GET THE ERC The short answer is yes: You can get the Employee Retention Credit (ERC) even if you’ve received a Paycheck Protection Program (PPP) loan. That wasn’t always the case, however. When the CARES Act got signed into law in March of 2020, it prohibited PPP loan recipients from applying for the ERC. But thanks to later stimulus packages that THE 20 FASTEST GROWING INDUSTRIES FOR 2021 AND BEYONDSEE MORE ON

SEEKCAPITAL.COM

IS MY BUSINESS ELIGIBLE FOR THE ERC? The answer to this question depends in part on what kind of business structure you have. The ERC is available to any sole proprietorship, LLC, S-Corp, C-Corp or 1099 employee that meets the eligibility requirements. Effective Jan. 1, 2021, those requirements include small businesses that had an average of fewer employees than 500 full-time 20 BEST LOW-COST FRANCHISES: OPPORTUNITIES TO START YOUR My Gym Children’s Fitness Center. Fiesta Auto Insurance and Tax Service. Rooter-Man. Kumon Math and Reading Centers. The Maids. Keep reading to get information on franchise fees, net worth requirements and initial investment requirements for the 20 best low-cost franchises you can start. BEST STATES TO START A BUSINESS (2021 STUDY) 3 STEPS TO TAKE YOUR COMPANY FROM SMALL BUSINESS TO BIG 3. Acquire a Competitor. The last step that you can take to grow your business from a small one to a big one is to eventually acquire smaller competitors. During an acquisition, you will gain the other company’s locations, products, employees and assets. HOW TO WRITE A TRUCKING BUSINESS PLAN Unless you have rich relatives willing to finance your trucking business with no questions asked, it’s in your best interest to write a business plan to aid you when approaching lenders, investors or partners to maximize your chance of getting funding assistance.. A comprehensive, detailed and properly structured trucking business plan can help you get the financing you need to purchase PRINCIPAL VS. ESCROW Principal Mortgage Payments. Unlike other types of loans, the principal on your mortgage is actually paid in arrears and after the interest on your mortgage has accrued. That’s why when you take out a mortgage, your first payment isn’t due until the first complete month following its closing. CONVERTIBLE NOTE VS. EQUITY EXPLAINED Equity is often cheaper than convertible debt. That’s because convertible notes often cost up to 25% more to the startup company compared to equity deals due to discounts and the cost of issuing the notes in the first place. Equity deals are often better defined, both for investors and for company owners. SEEK BUSINESS CAPITALPERSONALBUSINESSCAREERSABOUTREVIEWSCONTACT Easy To Work With And Fast Turnaround Time “So easy to work with and a fast turn around time.If you need an unsecured start-up business loan, this is the company to use. Everyone was friendly and helpful and got us what we needed.Thank you to everyone else who helped us at

Seek Capital!”

IF I GOT APPROVED FOR A PPP, CAN I ALSO GET THE ERC The short answer is yes: You can get the Employee Retention Credit (ERC) even if you’ve received a Paycheck Protection Program (PPP) loan. That wasn’t always the case, however. When the CARES Act got signed into law in March of 2020, it prohibited PPP loan recipients from applying for the ERC. But thanks to later stimulus packages that THE 20 FASTEST GROWING INDUSTRIES FOR 2021 AND BEYONDSEE MORE ON

SEEKCAPITAL.COM

IS MY BUSINESS ELIGIBLE FOR THE ERC? The answer to this question depends in part on what kind of business structure you have. The ERC is available to any sole proprietorship, LLC, S-Corp, C-Corp or 1099 employee that meets the eligibility requirements. Effective Jan. 1, 2021, those requirements include small businesses that had an average of fewer employees than 500 full-time 20 BEST LOW-COST FRANCHISES: OPPORTUNITIES TO START YOUR My Gym Children’s Fitness Center. Fiesta Auto Insurance and Tax Service. Rooter-Man. Kumon Math and Reading Centers. The Maids. Keep reading to get information on franchise fees, net worth requirements and initial investment requirements for the 20 best low-cost franchises you can start. BEST STATES TO START A BUSINESS (2021 STUDY) 3 STEPS TO TAKE YOUR COMPANY FROM SMALL BUSINESS TO BIG 3. Acquire a Competitor. The last step that you can take to grow your business from a small one to a big one is to eventually acquire smaller competitors. During an acquisition, you will gain the other company’s locations, products, employees and assets. HOW TO WRITE A TRUCKING BUSINESS PLAN Unless you have rich relatives willing to finance your trucking business with no questions asked, it’s in your best interest to write a business plan to aid you when approaching lenders, investors or partners to maximize your chance of getting funding assistance.. A comprehensive, detailed and properly structured trucking business plan can help you get the financing you need to purchase PRINCIPAL VS. ESCROW Principal Mortgage Payments. Unlike other types of loans, the principal on your mortgage is actually paid in arrears and after the interest on your mortgage has accrued. That’s why when you take out a mortgage, your first payment isn’t due until the first complete month following its closing. CONVERTIBLE NOTE VS. EQUITY EXPLAINED Equity is often cheaper than convertible debt. That’s because convertible notes often cost up to 25% more to the startup company compared to equity deals due to discounts and the cost of issuing the notes in the first place. Equity deals are often better defined, both for investors and for company owners. BEST STATES TO START A BUSINESS (2021 STUDY) It seems geographically-speaking, the worst area for starting a business these days is the Northeast. Major cities like Boston, New York and Philadelphia might stand out as major business centers, but their respective states have declining populations, high taxes and

mediocre-to

HOW TO START A TRUCKING COMPANY It can come with autonomy and freedom, but it also requires more responsibility and business skills. Here are the steps you can take to start a trucking company: 1. Assess Your Strengths and Weaknesses. Honest self-assessment is an important first step when opening any business, including trucking. HOW TO KEEP YOUR CUSTOMERS AND EMPLOYEES SAFE Safeguard Your Employees. Along with customers, it’s essential that you make a visible and genuine effort to keep your workforce safe. This is most obvious if they’re returning to a physical workspace. As you reopen offices or unlock storefronts, make sure that your staff isn’t just protected from the coronavirus with sufficient PPE 10 INCORPORATION DOCUMENTS YOU NEED TO CREATE A 10. Annual Report (Corps and LLCs) If you’ve incorporated as an LLC, S-Corp or C-Corp, most states require you to file an annual report with the Secretary of State’s office. This can usually be done online on the state’s website. You’ll likely have to pay a fee that ranges from $50 to $400, depending on the state. CAN YOU CLAIM THE ERC RETROACTIVELY? The process involves electing to treat qualified wages paid from the first through third quarters of 2020 as being paid in Q4 2020. For 2021, the updated law also lets eligible businesses file for an advance payment of the ERC, up to a certain amount. Just be warned: Getting a retroactive refund for the tax credit might take some time. COMPANY VS. ENTERPRISE VS. CORPORATION: BUSINESS 101 The best way to think of a company is a collection of individuals doing business. Whereas a business can theoretically be run by a single person, a company by definition must have multiple people with ownership stakes in the business. For example, someone could run a small carwash business and hire a few family members as workers. EIN LOOKUP: HOW TO FIND BUSINESS TAX ID NUMBERS FOR YOU If all else fails and you really cannot find your EIN on existing documents, you can reach out to the IRS by calling the Business & Specialty Tax Line at 800-829-4933. Make sure to call between the hours 7 a.m. and 7 p.m. local time. If your EIN has changed recently, which could render any old documents useless, you should definitely

call the IRS.

HOW TO CANCEL YOUR SBA LOAN APPLICATION Within the SBA’s government website, you will find a section that informs applicants of how they can cancel their application. To do so, simply email a cancellation request to loanresolution@sba.gov. When you send your request, you will need to include both the loan name and

number.

15 ENTREPRENEURS ON THEIR BIGGEST FEARS The first is to keep important MOTs top of mind by making reminders. The second practice is equipping employees to detect and react to MOTs.”. 3. Trying to Balance Everything. “The biggest fear that I face in my business is the fear of not being able to ‘do it all.’. THE MOMENT 11 ENTREPRENEURS KNEW IT WAS TIME TO QUIT THEIR The decision requires evaluating yourself, your finances, your passion for your current job and your passion for going out on your own. In order to help with this crucial decision, Seek Capital talked to 11 entrepreneurs on when they knew it was time to quit their jobs and start their business. SEEK BUSINESS CAPITALPERSONALBUSINESSCAREERSABOUTREVIEWSCONTACT Easy To Work With And Fast Turnaround Time “So easy to work with and a fast turn around time.If you need an unsecured start-up business loan, this is the company to use. Everyone was friendly and helpful and got us what we needed.Thank you to everyone else who helped us at

Seek Capital!”

IF I GOT APPROVED FOR A PPP, CAN I ALSO GET THE ERC The short answer is yes: You can get the Employee Retention Credit (ERC) even if you’ve received a Paycheck Protection Program (PPP) loan. That wasn’t always the case, however. When the CARES Act got signed into law in March of 2020, it prohibited PPP loan recipients from applying for the ERC. But thanks to later stimulus packages that 20 BEST LOW-COST FRANCHISES: OPPORTUNITIES TO START YOUR My Gym Children’s Fitness Center. Fiesta Auto Insurance and Tax Service. Rooter-Man. Kumon Math and Reading Centers. The Maids. Keep reading to get information on franchise fees, net worth requirements and initial investment requirements for the 20 best low-cost franchises you can start. THE 20 FASTEST GROWING INDUSTRIES FOR 2021 AND BEYONDSEE MORE ON

SEEKCAPITAL.COM

IS MY BUSINESS ELIGIBLE FOR THE ERC? The answer to this question depends in part on what kind of business structure you have. The ERC is available to any sole proprietorship, LLC, S-Corp, C-Corp or 1099 employee that meets the eligibility requirements. Effective Jan. 1, 2021, those requirements include small businesses that had an average of fewer employees than 500 full-time 3 STEPS TO TAKE YOUR COMPANY FROM SMALL BUSINESS TO BIGGROWING YOUR SMALL BUSINESSWAYS TO GROW SMALL BUSINESSFASTEST GROWING SMALL BUSINESSGROWING A SMALL BUSINESSGROWING SMALL BUSINESS IDEASGROWING SMALL BUSINESS MARKETS 3. Acquire a Competitor. The last step that you can take to grow your business from a small one to a big one is to eventually acquire smaller competitors. During an acquisition, you will gain the other company’s locations, products, employees and assets. PRINCIPAL VS. ESCROW Principal Mortgage Payments. Unlike other types of loans, the principal on your mortgage is actually paid in arrears and after the interest on your mortgage has accrued. That’s why when you take out a mortgage, your first payment isn’t due until the first complete month following its closing. 10 INCORPORATION DOCUMENTS YOU NEED TO CREATE A 10. Annual Report (Corps and LLCs) If you’ve incorporated as an LLC, S-Corp or C-Corp, most states require you to file an annual report with the Secretary of State’s office. This can usually be done online on the state’s website. You’ll likely have to pay a fee that ranges from $50 to $400, depending on the state. HOW TO WRITE A TRUCKING BUSINESS PLAN Unless you have rich relatives willing to finance your trucking business with no questions asked, it’s in your best interest to write a business plan to aid you when approaching lenders, investors or partners to maximize your chance of getting funding assistance.. A comprehensive, detailed and properly structured trucking business plan can help you get the financing you need to purchase EIN LOOKUP: HOW TO FIND BUSINESS TAX ID NUMBERS FOR YOU If all else fails and you really cannot find your EIN on existing documents, you can reach out to the IRS by calling the Business & Specialty Tax Line at 800-829-4933. Make sure to call between the hours 7 a.m. and 7 p.m. local time. If your EIN has changed recently, which could render any old documents useless, you should definitely

call the IRS.

SEEK BUSINESS CAPITALPERSONALBUSINESSCAREERSABOUTREVIEWSCONTACT Easy To Work With And Fast Turnaround Time “So easy to work with and a fast turn around time.If you need an unsecured start-up business loan, this is the company to use. Everyone was friendly and helpful and got us what we needed.Thank you to everyone else who helped us at

Seek Capital!”

IF I GOT APPROVED FOR A PPP, CAN I ALSO GET THE ERC The short answer is yes: You can get the Employee Retention Credit (ERC) even if you’ve received a Paycheck Protection Program (PPP) loan. That wasn’t always the case, however. When the CARES Act got signed into law in March of 2020, it prohibited PPP loan recipients from applying for the ERC. But thanks to later stimulus packages that 20 BEST LOW-COST FRANCHISES: OPPORTUNITIES TO START YOUR My Gym Children’s Fitness Center. Fiesta Auto Insurance and Tax Service. Rooter-Man. Kumon Math and Reading Centers. The Maids. Keep reading to get information on franchise fees, net worth requirements and initial investment requirements for the 20 best low-cost franchises you can start. THE 20 FASTEST GROWING INDUSTRIES FOR 2021 AND BEYONDSEE MORE ON

SEEKCAPITAL.COM

IS MY BUSINESS ELIGIBLE FOR THE ERC? The answer to this question depends in part on what kind of business structure you have. The ERC is available to any sole proprietorship, LLC, S-Corp, C-Corp or 1099 employee that meets the eligibility requirements. Effective Jan. 1, 2021, those requirements include small businesses that had an average of fewer employees than 500 full-time 3 STEPS TO TAKE YOUR COMPANY FROM SMALL BUSINESS TO BIGGROWING YOUR SMALL BUSINESSWAYS TO GROW SMALL BUSINESSFASTEST GROWING SMALL BUSINESSGROWING A SMALL BUSINESSGROWING SMALL BUSINESS IDEASGROWING SMALL BUSINESS MARKETS 3. Acquire a Competitor. The last step that you can take to grow your business from a small one to a big one is to eventually acquire smaller competitors. During an acquisition, you will gain the other company’s locations, products, employees and assets. PRINCIPAL VS. ESCROW Principal Mortgage Payments. Unlike other types of loans, the principal on your mortgage is actually paid in arrears and after the interest on your mortgage has accrued. That’s why when you take out a mortgage, your first payment isn’t due until the first complete month following its closing. 10 INCORPORATION DOCUMENTS YOU NEED TO CREATE A 10. Annual Report (Corps and LLCs) If you’ve incorporated as an LLC, S-Corp or C-Corp, most states require you to file an annual report with the Secretary of State’s office. This can usually be done online on the state’s website. You’ll likely have to pay a fee that ranges from $50 to $400, depending on the state. HOW TO WRITE A TRUCKING BUSINESS PLAN Unless you have rich relatives willing to finance your trucking business with no questions asked, it’s in your best interest to write a business plan to aid you when approaching lenders, investors or partners to maximize your chance of getting funding assistance.. A comprehensive, detailed and properly structured trucking business plan can help you get the financing you need to purchase EIN LOOKUP: HOW TO FIND BUSINESS TAX ID NUMBERS FOR YOU If all else fails and you really cannot find your EIN on existing documents, you can reach out to the IRS by calling the Business & Specialty Tax Line at 800-829-4933. Make sure to call between the hours 7 a.m. and 7 p.m. local time. If your EIN has changed recently, which could render any old documents useless, you should definitely

call the IRS.

BEST STATES TO START A BUSINESS (2021 STUDY) It seems geographically-speaking, the worst area for starting a business these days is the Northeast. Major cities like Boston, New York and Philadelphia might stand out as major business centers, but their respective states have declining populations, high taxes and

mediocre-to

12 PROS AND CONS OF BUYING A BUSINESS 1. Higher Upfront Purchasing Costs. It’s critical when choosing between starting a business and buying one to work out all the financial issues ahead of time. Depending on the circumstances, the cost to launch a business could actually be cheaper than purchasing

one.

HOW TO BUDGET FOR BUSINESS EXPANSION The easiest way to stay organized is to use budget categories for each expense. For example, you run a retail shop and are planning to open a new location across town. Some of your expense categories when planning the expansion could include: Facility costs. Employee costs. CHECKING LINE OF CREDIT: WHAT IS IT AND DO YOU NEED ONE You're our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. CONVERTIBLE NOTE VS. EQUITY EXPLAINED Equity is often cheaper than convertible debt. That’s because convertible notes often cost up to 25% more to the startup company compared to equity deals due to discounts and the cost of issuing the notes in the first place. Equity deals are often better defined, both for investors and for company owners. EIN LOOKUP: HOW TO FIND BUSINESS TAX ID NUMBERS FOR YOU If all else fails and you really cannot find your EIN on existing documents, you can reach out to the IRS by calling the Business & Specialty Tax Line at 800-829-4933. Make sure to call between the hours 7 a.m. and 7 p.m. local time. If your EIN has changed recently, which could render any old documents useless, you should definitely

call the IRS.

HOW TO KEEP YOUR CUSTOMERS AND EMPLOYEES SAFE Safeguard Your Employees. Along with customers, it’s essential that you make a visible and genuine effort to keep your workforce safe. This is most obvious if they’re returning to a physical workspace. As you reopen offices or unlock storefronts, make sure that your staff isn’t just protected from the coronavirus with sufficient PPE 1099 VS. W-2 EMPLOYEE: WHAT’S THE DIFFERENCE AND WHY DOES For tax purposes, they receive a 1099 form to report income on their tax return. In contrast, a W-2 employee receives a regular wage, like a salary, and employee benefits, such as insurance. Taxes are taken out of a W-2 employee’s paycheck and reported to the IRS on a W-2 form. As a small-business owner, however, you need to understand HOW TO KNOW WHEN IT’S TIME TO EXPAND YOUR BUSINESS Love is simple — “when you know, you know.” Your relationship with your business, however, is much more complicated. And knowing exactly when to expand your business is a big question with make or break outcomes.. Push your business too soon, and it might just go up

in flames.

THE MOMENT 11 ENTREPRENEURS KNEW IT WAS TIME TO QUIT THEIR The decision requires evaluating yourself, your finances, your passion for your current job and your passion for going out on your own. In order to help with this crucial decision, Seek Capital talked to 11 entrepreneurs on when they knew it was time to quit their jobs and start their business. SEEK BUSINESS CAPITALPERSONALBUSINESSCAREERSABOUTREVIEWSCONTACT Easy To Work With And Fast Turnaround Time “So easy to work with and a fast turn around time.If you need an unsecured start-up business loan, this is the company to use. Everyone was friendly and helpful and got us what we needed.Thank you to everyone else who helped us at

Seek Capital!”

IF I GOT APPROVED FOR A PPP, CAN I ALSO GET THE ERC The short answer is yes: You can get the Employee Retention Credit (ERC) even if you’ve received a Paycheck Protection Program (PPP) loan. That wasn’t always the case, however. When the CARES Act got signed into law in March of 2020, it prohibited PPP loan recipients from applying for the ERC. But thanks to later stimulus packages that 20 BEST LOW-COST FRANCHISES: OPPORTUNITIES TO START YOUR My Gym Children’s Fitness Center. Fiesta Auto Insurance and Tax Service. Rooter-Man. Kumon Math and Reading Centers. The Maids. Keep reading to get information on franchise fees, net worth requirements and initial investment requirements for the 20 best low-cost franchises you can start. THE 20 FASTEST GROWING INDUSTRIES FOR 2021 AND BEYONDSEE MORE ON

SEEKCAPITAL.COM

IS MY BUSINESS ELIGIBLE FOR THE ERC? The answer to this question depends in part on what kind of business structure you have. The ERC is available to any sole proprietorship, LLC, S-Corp, C-Corp or 1099 employee that meets the eligibility requirements. Effective Jan. 1, 2021, those requirements include small businesses that had an average of fewer employees than 500 full-time 3 STEPS TO TAKE YOUR COMPANY FROM SMALL BUSINESS TO BIGGROWING YOUR SMALL BUSINESSWAYS TO GROW SMALL BUSINESSFASTEST GROWING SMALL BUSINESSGROWING A SMALL BUSINESSGROWING SMALL BUSINESS IDEASGROWING SMALL BUSINESS MARKETS 3. Acquire a Competitor. The last step that you can take to grow your business from a small one to a big one is to eventually acquire smaller competitors. During an acquisition, you will gain the other company’s locations, products, employees and assets. PRINCIPAL VS. ESCROW Principal Mortgage Payments. Unlike other types of loans, the principal on your mortgage is actually paid in arrears and after the interest on your mortgage has accrued. That’s why when you take out a mortgage, your first payment isn’t due until the first complete month following its closing. 10 INCORPORATION DOCUMENTS YOU NEED TO CREATE A 10. Annual Report (Corps and LLCs) If you’ve incorporated as an LLC, S-Corp or C-Corp, most states require you to file an annual report with the Secretary of State’s office. This can usually be done online on the state’s website. You’ll likely have to pay a fee that ranges from $50 to $400, depending on the state. HOW TO WRITE A TRUCKING BUSINESS PLAN Unless you have rich relatives willing to finance your trucking business with no questions asked, it’s in your best interest to write a business plan to aid you when approaching lenders, investors or partners to maximize your chance of getting funding assistance.. A comprehensive, detailed and properly structured trucking business plan can help you get the financing you need to purchase EIN LOOKUP: HOW TO FIND BUSINESS TAX ID NUMBERS FOR YOU If all else fails and you really cannot find your EIN on existing documents, you can reach out to the IRS by calling the Business & Specialty Tax Line at 800-829-4933. Make sure to call between the hours 7 a.m. and 7 p.m. local time. If your EIN has changed recently, which could render any old documents useless, you should definitely

call the IRS.

SEEK BUSINESS CAPITALPERSONALBUSINESSCAREERSABOUTREVIEWSCONTACT Easy To Work With And Fast Turnaround Time “So easy to work with and a fast turn around time.If you need an unsecured start-up business loan, this is the company to use. Everyone was friendly and helpful and got us what we needed.Thank you to everyone else who helped us at

Seek Capital!”

IF I GOT APPROVED FOR A PPP, CAN I ALSO GET THE ERC You're our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. 20 BEST LOW-COST FRANCHISES: OPPORTUNITIES TO START YOUR You're our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. THE 20 FASTEST GROWING INDUSTRIES FOR 2021 AND BEYONDSEE MORE ON

SEEKCAPITAL.COM

IS MY BUSINESS ELIGIBLE FOR THE ERC? You're our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. PRINCIPAL VS. ESCROW You're our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. 3 STEPS TO TAKE YOUR COMPANY FROM SMALL BUSINESS TO BIGGROWING YOUR SMALL BUSINESSWAYS TO GROW SMALL BUSINESSFASTEST GROWING SMALL BUSINESSGROWING A SMALL BUSINESSGROWING SMALL BUSINESS IDEASGROWING SMALL BUSINESS MARKETS You're our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. 10 INCORPORATION DOCUMENTS YOU NEED TO CREATE A You're our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. HOW TO WRITE A TRUCKING BUSINESS PLAN Unless you have rich relatives willing to finance your trucking business with no questions asked, it’s in your best interest to write a business plan to aid you when approaching lenders, investors or partners to maximize your chance of getting funding assistance.. A comprehensive, detailed and properly structured trucking business plan can help you get the financing you need to purchase EIN LOOKUP: HOW TO FIND BUSINESS TAX ID NUMBERS FOR YOU You're our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. HOW TO CHOOSE MERCHANT ACCOUNT PROVIDER You're our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. BEST STATES TO START A BUSINESS (2021 STUDY) It seems geographically-speaking, the worst area for starting a business these days is the Northeast. Major cities like Boston, New York and Philadelphia might stand out as major business centers, but their respective states have declining populations, high taxes and

mediocre-to

12 PROS AND CONS OF BUYING A BUSINESS 1. Higher Upfront Purchasing Costs. It’s critical when choosing between starting a business and buying one to work out all the financial issues ahead of time. Depending on the circumstances, the cost to launch a business could actually be cheaper than purchasing

one.

HOW TO BUDGET FOR BUSINESS EXPANSION The easiest way to stay organized is to use budget categories for each expense. For example, you run a retail shop and are planning to open a new location across town. Some of your expense categories when planning the expansion could include: Facility costs. Employee costs. UNDERSTANDING WHEN QUARTERLY TAXES ARE DUE FOR SMALL You're our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. EIN LOOKUP: HOW TO FIND BUSINESS TAX ID NUMBERS FOR YOU If all else fails and you really cannot find your EIN on existing documents, you can reach out to the IRS by calling the Business & Specialty Tax Line at 800-829-4933. Make sure to call between the hours 7 a.m. and 7 p.m. local time. If your EIN has changed recently, which could render any old documents useless, you should definitely

call the IRS.

CONVERTIBLE NOTE VS. EQUITY EXPLAINED Equity is often cheaper than convertible debt. That’s because convertible notes often cost up to 25% more to the startup company compared to equity deals due to discounts and the cost of issuing the notes in the first place. Equity deals are often better defined, both for investors and for company owners. HOW TO KEEP YOUR CUSTOMERS AND EMPLOYEES SAFE Safeguard Your Employees. Along with customers, it’s essential that you make a visible and genuine effort to keep your workforce safe. This is most obvious if they’re returning to a physical workspace. As you reopen offices or unlock storefronts, make sure that your staff isn’t just protected from the coronavirus with sufficient PPE 1099 VS. W-2 EMPLOYEE: WHAT’S THE DIFFERENCE AND WHY DOES For tax purposes, they receive a 1099 form to report income on their tax return. In contrast, a W-2 employee receives a regular wage, like a salary, and employee benefits, such as insurance. Taxes are taken out of a W-2 employee’s paycheck and reported to the IRS on a W-2 form. As a small-business owner, however, you need to understand THE MOMENT 11 ENTREPRENEURS KNEW IT WAS TIME TO QUIT THEIR The decision requires evaluating yourself, your finances, your passion for your current job and your passion for going out on your own. In order to help with this crucial decision, Seek Capital talked to 11 entrepreneurs on when they knew it was time to quit their jobs and start their business.

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Over $400 Million Funded For Small Business Owners Since 2015 As Featured In\u00a0 \u00a0 \u00a0 \u00a0_\u00a0 \u00a0\u00a0 \u00a0 \u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0\u00a0 \u00a0\u00a0 \u00a0 \u00a0\u00a0\n ","tablet":" AS FEATURED IN\N

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"}},"SLUG":"ET_PB_TEXT"}" DATA-ET-MULTI-VIEW-LOAD-TABLET-HIDDEN="TRUE">AS FEATURED IN    _                            EASY TO WORK WITH AND FAST TURNAROUND TIME “So easy to work with and a fast turn around time. If you need an unsecured start-up business loan, this is the company to use. Everyone was friendly and helpful and got us what we needed. Thank you to everyone else who helped us at Seek Capital!” – Chiyanne Johnson, Sugar Bone Sweets

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APPROVED FOR DOUBLE THE AMOUNT I EXPECTED Seek Capital approved me for double the amount I expected! If you are an entrepreneur with a solid game plan, I recommend Seek Capital to acquire the funding to take your business from a part-time hobby to a serious full-time business.” – Vance Voyles, V2 Markets, Inc

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Seek Capital rated #44 Best Places to Work by Glassdoor in 2017 Thursday, June 27, 2017 Seek Capital Top 3 in Customer Satisfaction for Business Loans from LendingTree in Q2 2019 Wednesday, December 5, 2018 Seek Capital breaks record – matching over 20,000 applications and more than $160 milion for startup business owners Wednesday, August 22, 2018

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