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Top Five Mistakes Small Business Owners Are Making During Pandemic

YoungUpstarts

Patterns emerge, and the top five mistakes we see small business owners making again and again, are: 1. Failure to Access Small Business Administration (SBA) Programs. The majority of businesses owners do not full advantage of the programs the government is offering.

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Financing Your Business? Consider An SBA Loan

YoungUpstarts

by Tom Pretty, Head of SBA Lending at TD Bank. Small business is the backbone of the U.S. Small Business Administration (SBA) Office of Advocacy. Many small businesses find success working with the SBA, which sets guidelines for loans made by third-party partners such as banks and community development organizations.

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8 Essentials To Qualify Your Startup For A Bank Loan

Startup Professionals Musings

Here are some tips and rules of thumb to improve your odds and help you understand when a bank loan or line of credit is possible, and how to get it: Write a good business plan first. Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression.

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How to Write an Executive Summary

Up and Running

An executive summary is the brief introduction to a business plan. It should describe your business, the problem that it solves, your target market, and financial highlights. Start with your business’s name, location, and contact information. What you offer and the problem your business solves. Who you are.

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Government Grants for Small Business Startups: Finding and Applying for Them

Board Effect

Also, as we’ve seen recently during the pandemic, the federal government offers stimulus grant programs when the economy calls for them. Two notable federal grant programs are the Small Business Innovation Research grant program (SBIR) and the Small Business Technology Transfer Program (STTR). minorities.

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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.

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The Complete Guide to SBA Loans

Up and Running

What is an SBA Loan? Small Business Administration was created in 1953 to help Americans start, build and grow their businesses. As an independent agency of the government, the SBA partners with both public and private organizations to deliver its services, including loans. The SBA offers a number of loan programs.

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