article thumbnail

6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

How these six businesses worked with the SBA to grow. The Small Business Administration (SBA) is a federal agency that supports the US economy by aiding small businesses, including offering loans and grants as well as free education, assistance, and other resources. TRISTAR — Engineering its own success.

Columbus 134
article thumbnail

6 Keys To Sizing Your Market For A New Business Plan

Startup Professionals Musings

They don’t realize that business projections with no third-party validation have no credibility with investors, and smart potential investors will walk away. Every good business plan needs an early section which sizes the total market opportunity, and then breaks down that total into the most relevant segments for your focus.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Ways To Get Credible Data To Support A New Venture

Startup Professionals Musings

They don’t realize that business projections with no third-party validation have no credibility with investors, and smart potential investors will walk away. Every good business plan needs an early section which sizes the total market opportunity, and then breaks down that total into the most relevant segments for your focus.

SBA 300
article thumbnail

Lean Business Planning with Tim Berry [VIDEO]

Up and Running

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60
article thumbnail

The 10 Best Sources of Cash to Start Your Business

Startup Professionals Musings

Related sources include local business development agencies. If your company needs only a temporary or small infusion of cash, you should try for an SBA loan, or a bank line of credit. Exchanging equity for services is worth negotiating with legal counsel, accountants, engineers, and even sales people. Loans or line-of-credit.

article thumbnail

What’s an SBDC and Why You Want to Know

Up and Running

For a class on bookkeeping, marketing, business planning, getting financed, call your nearest SBDC. Our local SBDC, for example, has 29 workshops on its website, most of them two-or-three-hour workshops in essentials such as basic bookkeeping, QuickBooks, Quicken, Getting an SBA Loan, etc., for $49-$99.

SBA 80
article thumbnail

Most Startups Get No Professional Investor Cash

Startup Professionals Musings

Related sources include local business development agencies. If your company needs only a temporary or small infusion of cash, you should try for an SBA loan, or a bank line of credit. Exchanging equity for services is worth negotiating with legal counsel, accountants, engineers, and even sales people. Loans or line-of-credit.