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Surviving (and hopefully, thriving) your first five years as a small business owner is a huge milestone. After all, the vast majority of business fail within this time frame, so it’s a major accomplishment to pass that threshold.

But what should you do in year six?

When you’re starting your own small business, it’s important to understand the right terminology that comes along with the territory. This can help you evolve from a passionate entrepreneur to a savvy business person. You’ll run your company better and also be better prepared for working with lenders, investors, and other professional relationships.

Seasonal businesses fulfill unique needs for customers, but it can be tricky to survive your off-season if you don’t plan ahead well. From lawn care companies to Christmas businesses, these necessary industries can thrive year-round with just a bit of forethought and planning.

When you’re ready to take out a loan to help fund your small business, it’s important to weigh the variables in order to make the best decision for your company. Here are four ways you can determine which financing option to choose.

It’s no secret that it takes a strong work ethic to become a successful business owner. But if you don’t take time for yourself, you could easily end up burning out and losing your passion for your business. If you find yourself thinking that the work-life balance is easier said than done, here are a few tips to relieve tension and enjoy all aspects of life.