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The SBA Needs To Get It’s Act Together On The PPP

VC Adventure

The SBA’s implementation of the Payroll Protection Program (PPP) has been a mess. The intention was to provide needed relief to businesses that were impacted economically by the COVID-19 crisis. The Paycheck Protection Program was established by the CARES Act to help small businesses keep paying their workers.

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We’ve helped over 150 small businesses navigate the crisis | Here’s what we’ve learned

VC Adventure

I wrote recently about the The Finance Assistance Network (FAN) , that I helped set up (along with Lew Visscher and Phil Votteiro) three weeks ago to offer pro bono financial advice to small businesses affected by COVID-19. Getting money into the hands of small businesses is a good idea, and we applaud the government’s quick actions.

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Do You Have Fear of Financials?

Up and Running

I posted 5 Things Every Manager Should Know About Financial Forecasts recently on the Industry Word blog on the SBA (Small Business Administration) community site. It aggregates and summarizes. I received an email overnight that reminds me that people still need a lot of reassurance about financials.

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Transcript of Advice for Entrepreneurs Who Want to Sell Their Companies

Duct Tape Marketing

Let’s go down to the small business. I think my business is awesome. I’ve done a lot of amazing things in my business. A lot of small businesses, and when I say small, I’m referring to kind of 10-person companies, 5-person companies, 20-person companies. John Warrillow: Right.

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Resources for Entrepreneurs Writing a Business Plan

Up and Running

It aggregates various U.S. Business Plan Template Download: When you’re ready to dive in, start with our business plan template. This template is in an SBA-approved format so you know it will cover everything lenders look for in a plan. For the U.S. Government datasets and makes them easy to search and use.

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Extending and Expanding Aid – Some Policy Ideas

VC Adventure

– Consider a separate loan program for very small businesses (fewer than 10 or 20 employees) that’s based on a revenue formula and so long as they use the funds for current expenses (i.e., – We need distribution mechanisms beyond the SBA (which is overwhelmed). . Expand the SBA Microloan Program . million.

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How to Fine-tune Your Small Business Finances—from Funding to Growth [Webinar Recap]

Up and Running

Are you an entrepreneur or small business owner with questions about funding your small business? Maybe you are wondering which metrics to track, or whether or not you should take out a loan for your business. You can kind of think of it like a kayak for small business. My name is John Bates.