Small business owners in New Jersey and the Northeast face a stark reality: missing funding deadlines or slipping on compliance rules can cost you everything. You don’t have the cash reserves to weather fines or lost opportunities. A single oversight—like skipping a grant application window or neglecting payroll laws—can drain your savings or force you to close. Here are three pitfalls you need to dodge, and how Ospirion Consulting can help you stay ahead.

Small businesses in New Jersey, New York, and Pennsylvania can’t afford to overlook compliance. Regulations like HIPAA, food safety laws, and labor standards carry steep penalties when violated—fines that drain your savings or closures that end your operation. Here are three examples of Northeast businesses that paid a heavy price for non-compliance, showing why you need to stay on top of these rules.

Fortune 500 companies don’t become giants by accident—they use every financial tool available to fuel their growth, including loans and grants, in ways small businesses often overlook. While big corporations have teams dedicated to securing and managing these resources, small businesses in New Jersey and the Northeast frequently miss out, leaving capital on the table that could help them hire, expand, or innovate. Drawing on recent research, here are five strategies Fortune 500 companies use to leverage loans and grants, and what small businesses can learn to level the playing field.