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10 Things Every Small Business Needs To Do

Up and Running

If you are thinking of starting a small business, make sure you follow these ten important rules for small businesses: 1. The number one reason small businesses go bankrupt is lack of cash , not lack of profits. Small businesses often tell us that they don’t understand marketing.

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The Latest Questions Small Businesses Are Asking

Up and Running

Consider a venture feasibility study as a start on a business plan if the idea looks profitable. Are there enough customers willing to buy your products, often enough, at a profitable price that your business can pay all expenses and provide a decent living wage to owners? If not, the business idea is not feasible.

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Should You Launch a Business in 2017? A Look at Economic Trends

Up and Running

You’ll have to make the final call yourself, but here are a few resources that lend some perspective on small business and startup funding trends that relate to the economic landscape. Small Business Borrowing Drops. Reuters recently reported that in small business borrowing dropped to a six-month low in April.

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30 Entrepreneurs Forecast Where Their Business Will Be In Five Years

Hearpreneur

Right now our solutions are HR-centric but over the next five years, we plan on scaling our products to IT, Finance, Legal, and other aspects of an organization. 9- Working more with non-profits and small businesses. 17- The foremost food sustainability consultancy in North America. Photo Credit: Marilyn Gaskell.

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Financing Your Business? Consider An SBA Loan

YoungUpstarts

Small business is the backbone of the U.S. Small Business Administration (SBA) Office of Advocacy. For these enterprises, securing funding can impact their ability to operate and grow, yet most small business owners do not fully understand all of the types of credit available to their business.

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Why Small Community Lenders Have Your Back

Up and Running

Those ads are tempting for small business owners—it’s hard to resist the ten largest banks because they control over $10.1 After seeing the ads for weeks on TV, you apply for a small business loan. The odds of a startup getting a loan from the largest banks in America aren’t favorable. You know their jingle.

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7 Ways Small Companies Can Out-Innovate Big Corporations

Up and Running

Hitting on an irresistible idea is an incredibly exciting moment for any small business. Fortunately, though, it’s still much easier for small businesses than larger companies. For small businesses, realizing an idea may be as simple as one employee approaching the manager to formulate a strategy together.