Up and Running

AUGUST 29, 2014

A venture feasibility study analyzes an idea from several perspectives: market opportunity, competition, resources available, resource gaps, financial viability, operational issues, intellectual property rights, development timeline and technology needs. Personal credit ratings and collateral are also important.

Small Business 87

Small Business CPA Government North America 87

Berkonomics

APRIL 16, 2020

Rent and other fixed costs continue, even when revenues have dried up – a fatal combination. Plan for reductions in fixed overhead, salaries, and other costs now. Apply to the SBA for an Emergency Loan or through your bank for the new “PPP” loan program. Most of us are affected by this current crisis.

SBA 87

SBA Burn Rate Salary Stock 87

YoungUpstarts

NOVEMBER 19, 2013

Many of these services are offered at low or no cost to help foster economic development in specific regions. Be sure to take advantage of these programs and learn how to grow your business. Small Business Administration (SBA) is a national organization that supports businesses around the country. Small business support.

Small Business 150

Small Business SBA Small Business Administration Security 150

Up and Running

MAY 30, 2016

To provide an inside perspective on what it takes to run and maintain a successful B&B, I interviewed Kathleen Karamanos, owner and operator of Fundy Heights Bed and Breakfast in Saint John, New Brunswick, on Canada’s scenic East Coast. Demographic Data on the SBA Website. What is a bed and breakfast? Minimum Wage Rates in the U.S.

SBA 60

SBA United States Hiring Detroit 60

VC Adventure

APRIL 30, 2020

The first round of $342 billion — nearly ten times what the SBA administers in a typical year — was depleted in just 13 days. According to data released by the SBA , the average PPP amount was just over $200,000. Many small businesses have expenses, such as rent and utilities, that are significant relative to their payroll costs.

Small Business 79

Small Business SBA Colorado Finance 79

YoungUpstarts

JUNE 3, 2020

Those orders may have meant furloughing or laying off some or all of your employees, or perhaps your business was among those fortunate enough to qualify for a Paycheck Protection Program loan to cover your payroll costs for a while. Even if you forgo a software solution, it pays to streamline your back-office operations.

Small Business 147

Small Business Finance SBA Cost 147

Board Effect

APRIL 20, 2020

The CARES Act creates a new program for nonprofit organizations that have up to 500 employees and that were in existence on or before March 1, 2020. The Emergency Small Business Loan program became part of the SBA 7(a) loan program under the CARES Act. Small to Mid-Sized Nonprofits Get Support.

SBA 64

SBA Government Programming Employee 64

entrepreMusings

JANUARY 26, 2011

Many start-ups don’t have the financial means to hire full-time employees early on so business owners are left no choice but to bootstrap their operations by outsourcing. Three primary areas in any business that you can effectively outsource are computer programming, web design and software development. Internships.

Bootstrapping 42

Bootstrapping Small Business Administration SBA Austin 42

Up and Running

APRIL 4, 2022

Besides, you can save your business’s profits to fund costs that might arise as the business grows. Joining a local SCORE or SBA community group can keep you updated on workshops and events near you. Your main aim is to determine whether you have a more innovative, better, and cost-effective way of doing things.

Social Media 156

Social Media SBA Media Metrics 156

Up and Running

APRIL 6, 2020

You need cash in the bank to operate, to pay employees, and to keep the doors open. Negotiate lower costs: Talking to your vendors is always a good idea. In the current COVID-19 crisis, the US government has stepped in with several programs designed to help small businesses weather the storm.

Burn Rate 100

Burn Rate Forecast SBA Cash Position 100

YoungUpstarts

APRIL 16, 2015

Beware of cost when leveraging technology. While that might seem like a slam dunk, beware of extra charges – fast can be expensive when costs and fees add up. Look for an SBA loan first from a fast online provider like SmartBiz. In addition to risk assessment, credit scores are also important when looking at loan costs.

Finance 100

Finance Security Entrepreneur SBA 100

Up and Running

FEBRUARY 21, 2014

Seasonal businesses are very common, especially in locales where travel and tourism are important industries, where weather has an impact on outdoor business operations, and where retail sales slow during the winter months. A good cash flow forecast will help with analysis of funds available and costs throughout the year.

Oregon 104

Oregon Small Business Administration SBA Forecast 104

VC Adventure

MAY 14, 2020

As I wrote about at the beginning of the week, the SBA has made a mess of the Payroll Protection Program. Yes, there are some challenges to parts of the structure of the program , but I was referring in that post to the SBAs implementation of the program and the varied guidance they’ve given since the program’s launch.

SBA 83

SBA Programming Affiliate Lean 83

Up and Running

MARCH 27, 2017

Seasonal businesses are very common, especially in locales where travel and tourism are important industries, where the weather has an impact on outdoor business operations, and where retail sales slow during the winter months. A good cash flow forecast will help with analysis of funds available and costs throughout the year.

Forecast 60

Forecast Small Business Administration SBA Curation 60

Up and Running

FEBRUARY 17, 2016

For Dan Hughes, Director of Operations at startup brewery ColdFire Brewing, he and his brother have been hard at work on business development and recipe formulation, navigating bureaucracy, and enduring the inevitable delays that come with brewery construction, equipment delivery, and regulatory approval. But they all take so much time.

Oregon 60

Oregon Jordan SBA Cofounder 60

crowdSPRING Blog

FEBRUARY 11, 2019

Branding provides a reassuring level of professionalism that very small operations may struggle to establish. A sole proprietorship is the “most basic type of business to establish” according to the SBA (Small Business Administration). You’ve got to start at the beginning – with your start-up costs.

Small Business Administration 86

Small Business Administration Small Business Social Media Elevator Pitch 86

Women Entrepreneurs Can

MARCH 5, 2024

If inadequate, explore lowering operating or owner costs to free up repayment capacity. Debt Consolidation The Delaware State Housing Authority offers a Small Business Loan Program that consolidates higher-interest short-term debts like credit cards or personal loans into more manageable, low-fixed, longer-term loans up to $100k.

Delaware 40

Delaware SBA Finance Programming 40

Startup Professionals Musings

JUNE 23, 2023

Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you. If you are a startup operating out of your garage or basement, you are likely too early in the cycle to get banks interested. These include food service, retail, consulting, work at home, and telemarketing.

Silicon Valley 292

Silicon Valley CPA Small Business Administration Startup 292

Up and Running

MAY 28, 2015

Magda, the new business owner, knows this deli office park business, so she knows more or less to educated guess what it’s going to cost her for each cup of coffee, for each lunch. In the business offering, features and benefits, launches, versions, sourcing, cost, in admin and finance, are we raising money? Are we recruiting?

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

SEPTEMBER 27, 2020

Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you. If you are a startup operating out of your garage or basement, you are likely too early in the cycle to get banks interested. These include food service, retail, consulting, work at home, and telemarketing.

Silicon Valley 431

Silicon Valley CPA Small Business Administration SBA 431

Up and Running

MAY 1, 2018

A friend recommended it to me, and it was the single most important thing I did on my journey as a business owner and operator. Through his class, I learned what to expect as far as occupancy, cost of goods, insurance, taxes, real estate needs, and more. I got an SBA loan and purchased my business within months of beginning my search.

Florida 102

Florida CPA Dallas America 102

Up and Running

MAY 15, 2019

Backed by a team of private local investors , ColdFire gained access to additional capital through an SBA loan. While Dan heads up operations, his brother Stephen is head brewer, and their team also includes directors of finance and brand, respectively. The ColdFire Brewing team meets to plan marketing. Watch your finances.

Oregon 24

Oregon Jordan Software Review Distribution 24

Startup Professionals Musings

DECEMBER 1, 2018

Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you. If you are a startup operating out of your garage or basement, you are likely too early in the cycle to get banks interested. These include food service, retail, consulting, work at home, and telemarketing.

Silicon Valley 210

Silicon Valley CPA Small Business Administration SBA 210

Startup Professionals Musings

MAY 11, 2013

Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you. If you are a startup operating out of your garage or basement, you are likely too early in the cycle to get banks interested. These include food service, retail, consulting, work at home, and telemarketing.

Entrepreneur 252

Entrepreneur Angel Investor Silicon Valley CPA 252

Startup Professionals Musings

OCTOBER 31, 2016

Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you. If you are a startup operating out of your garage or basement, you are likely too early in the cycle to get banks interested. These include food service, retail, consulting, work at home, and telemarketing.

Security 120

Security Angel Investor Silicon Valley CPA 120

Startup Professionals Musings

APRIL 13, 2012

Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you. If you are a startup operating out of your garage or basement, you are likely too early in the cycle to get banks interested. These include food service, retail, consulting, work at home, and telemarketing.

Angel Investor 234

Angel Investor CPA Small Business Administration Startup 234

Startup Professionals Musings

OCTOBER 15, 2010

Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you. If you are a startup operating out of your garage or basement, you are likely too early in the cycle to get banks interested. These include food service, retail, consulting, work at home, and telemarketing.

Angel Investor 242

Angel Investor Startup CPA Small Business Administration 242