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Page 4, RURAL-URBAN RECORD, July 5, 2021

LOCAL BUSINESSES

LAGRANGE wellington Grafton

Century Landscaping LLC
Burnett’s Septic Wellington 121-123 E. Herrick Ave 11749 Avon Belden Rd | 440-343-7003
AUTO PARTS
440-647-4965
Services M-F 8-5:30pm, Sat 8-4pm Complete Landscaping Services
120 W Commerce Dr,
440-355-5526 Beriswill Insurance Protech Automotive & Cycle LLC
788 Main St. | 440-926-3499
www.burnettssepticservice.com 173 Depot St. | 440-647-6010 Serving Grafton for 30 years
www.beriswillins.com

540 N. Center St. Columbia
440-355-8920 905 Main St. | 440-865-3565
www.lagrangeiga.com STation www.courtneycarnesphotography.com

oberlin Frank Clarke Insurance Agency 1021 Main St.

440-926-2048
25070 Royalton Rd. | 440-236-5041 www.dukefuneralhome.com
Main St. Antiques www.frankclarkeagency.com
335 S. Main St., Oberlin
11-5pm Wed-Sun | 440-775-4112 Beriswill Insurance
9858 E. River Rd. 35581 Grafton Eastern Rd.
Celebrating 25 Years 440-235-2766 440-926-3312
July - Sales & Gift Basket www.gibbsbutcherblock.com www.beriswillins.com
Drawing Grafton, OH
Sanitary Septic Tank Cleaning 440-653-3617
Eaton 440-322-0927 | 440-236-9200 | 330-725-3175 www.highlandfloorrefinishing.com

www.SanitarySeptic.com
Schild’s IGA $10 Off Cuyahoga, Medina & Lorain Grafton Sparkle Market
Reasonable Rates
RT 82 & Island Rd. | 440-748-3751 with this Prompt Reliable Service 460 N. Main St. | 440-926-3328
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www.schildsigagrafton.com www.graftonsparkle.com
Senior Discounts

ELYRIA The Rural-Urban Record 1007 Parsons Rd. | 440-926-2880
P.O. Box 966 | 440-236-8982
www.rural-urbanrecord.com www.graftonmowerservice.com
Laubenthal-Mercado Funeral Home
38475 Chestnut Ridge Rd.
440-322-4626 | www.laubenthalmercado.com Olmsted Falls valley city

Dempsey Appliance 25438 Sprague Rd. Furniture & Home Decor
433 Oberlin Rd. | 440-322-8170 440-235-4317 280 Columbia Rd. | TH, SAT, SUN 10-4
With over 64 yrs of experience! www.tsmower.com www.catsjazzyjunk.com

How to sustain a owners who apply for bank loans from big banks get rejected.

small business In addition to raising capital through daily operations, business-
es may have to turn to alternative lenders. Alternative lenders
are typically companies, but not banks, that operate primarily
Opening a small business can be an exciting time in the life of online to quickly approve and distribute funds. Many are com-
an entrepreneur. Part of that excitement no doubt stems from the prised of peer-to-peer lenders. According to a study by Harvard
financial risks associated with opening a new business. Keeping Business School, most major alternative lenders offer full loan
that business growing and thriving takes effort, but the results applications online on desktop or mobile that take 30 minutes to
can be rewarding. complete. Keep in mind that interests rates typically are higher
It is reasonable to feel nervous when starting a business. In- with these lenders than with traditional banks.
formation from the U.S. Bureau of Labor Statistics indicates Stay efficient
that about 20 percent of small businesses fail within a year of Small businesses can grow by maximizing operational effi-
opening. That number climbs to 50 percent after five years and ciency and eliminating unnecessary duties. Efficient business
70 percent by year 10. owners delegate tasks to employees so they can keep their own
While it’s essential for small business owners to focus on get- management and business-growing priorities in order.
ting their businesses off the ground, it is equally important to Build a strong brand and emphasize customer service
consider the strategies necessary to keep that business afloat for Whether a large company or a mom-and-pop business, build-
the long haul. ing a trustworthy and reputable brand can help sustain a busi-
Find an industry with staying power ness for years to come. It is key to keep a business fresh in
Statistics indicate that health care and social assistance busi- the minds of consumers. This can be achieved by making small
nesses have longevity. The BLS indicates businesses in the changes dictated by evolving markets and/or offering new prod-
construction, transportation and warehousing industries do not ucts or services.
enjoy the same staying power. After the fifth year in business, Forbes says employee interactions are also key to building
about 35 to 40 percent of these industries will survive. Opening loyalty among customers. Keeping in touch with clients and us-
a business in an industry where the stats are on your side can be ing their opinions to make a product or service better can ensure
a savvy move. repeat business.
Access capital Small business success comes down to recognizing that it
Quite often businesses fail because of lack of access to cash takes continued work to keep operations afloat. Knowing what
to sustain their operations. Fundera, a small business lending supports a business is essential to its longevity.
marketplace, advises that a large percentage of small business