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5 Ways to Improve Your Business Financial Management

Up and Running

Ongoing financial planning and forecasting are critical for business growth. But as a small business owner, it can be difficult to do any of this thoroughly and efficiently. Maybe you’re not a numbers person or feel that it takes time away from you actually running your business. Invest in financial management technology.

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30 Entrepreneurs Explain Their Major Accomplishments In 2021

Hearpreneur

By the year 2021, my company had a strong sales force. In the end, though, we became the company's most successful sales team across the country and I surely played a significant role in this achievement. Taking a risk by increasing marketing spend (strategically), has paid off substantially, seeing our annual sales grow by over 30%.

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The Basics of Small Business Loans [WEBINAR]

Up and Running

What do you need to know about small business loans before you apply? You have a lot of options, and there are a lot of variables in the equation that determines whether you’ll qualify for the loan you’re applying for (or whether that loan is even a good fit for you and your business). Scott: Hi everybody.

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How to Start a Business: A Step-by-Step Complete Guide (2019)

crowdSPRING Blog

Write a business plan. Decide your legal business structure. Purchase business insurance. Create a sales plan. Grow your business. If you want to start your own business, you need to consider your strengths, weaknesses, and interests. Are you an expert in short sales? Sales and marketing plan.

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10 Things the Bank Will Ask When You Need a Business Loan

Up and Running

One exception to the rule is that the federal Small Business Administration (SBA) has programs that guarantee some portion of startup costs for new businesses so banks can lend them money with the government, reducing the banks’ risk. So your business has to have hard assets it can pledge to back up a business loan.

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Financial Knowledge Can Lead To Small Business Success

YoungUpstarts

Starting a small business often means taking a lot of risks, especially financially. Economic success is never guaranteed, but when you’re equipped with a strong understanding of finances, there is a better chance for your business to succeed. Prepare a Balance Sheet. Prepare an Income Statement Sheet.

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How to Write an SBA Business Plan — SBA Template and Checklist

Up and Running

Here’s what you need to know about SBA business plans and how you can maximize your chances for approval. SBA loans are loans that are issued by banks and credit unions, but backed by the US Small Business Administration—the SBA. The SBA requires personal guarantees from anyone that owns at least 20% of the business.

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