YoungUpstarts

MAY 7, 2020

Under the recently passed CARES Act, funds are available for small businesses that need help with things like payroll and economic injury disaster loans. The Small Business Paycheck Protection Program provides small businesses with funds to pay up to eight weeks of payroll costs including benefits.

Small Business 147

Small Business SBA Entrepreneur Software Review 147

Up and Running

AUGUST 29, 2014

A major cause of business failure is not having enough cash available to cover all startup costs and operate for at least a year. Ask yourself, “Am I willing to risk what I own to go into this business because the potential rewards are greater than the risks?”. Recordkeeping and tax preparation are required in all businesses.

Small Business 87

Small Business CPA Government North America 87

Up and Running

APRIL 2, 2015

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. See Also The Complete Guide to SBA Loans. Business plan.

Balance Sheet 60

Balance Sheet SBA Covenant Technical Review 60

Up and Running

APRIL 18, 2012

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. 2. Forecasts don’t take an MBA, CPA, or PhD. For example, did you see how prices ended up lower or higher than what you thought?

Forecast 63

Forecast SBA Aggregator CPA 63

Startup Professionals Musings

JUNE 23, 2023

Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Clean up your credit rating before you apply. In fact, customer orders are great collateral.

Silicon Valley 292

Silicon Valley CPA Small Business Administration Startup 292

Startup Professionals Musings

SEPTEMBER 27, 2020

Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Clean up your credit rating before you apply. In fact, customer orders are great collateral.

Silicon Valley 431

Silicon Valley CPA Small Business Administration SBA 431

Startup Professionals Musings

DECEMBER 1, 2018

Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression. Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Clean up your credit rating before you apply. In fact, customer orders are great collateral.

Silicon Valley 210

Silicon Valley CPA Small Business Administration SBA 210