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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . Let’s take that innovative new business idea and walk through all the requirements you need to consider to successfully start a business that’s legally recognized.

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Vital Tips For Small Businesses And Entrepreneurs During Covid-19  

YoungUpstarts

by Wayne Titus, author of “ The Entrepreneur’s Guide to Financial Well-Being “ Entrepreneurs and small business leaders are trying to figure out how to navigate COVID-19, from how to apply for loans and assistance to FMLA regulations. How can businesses understand their options and develop a cash flow timeline?

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4 Reasons Small Businesses Fail

YoungUpstarts

Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is that too many of them fail. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year. Small Business Administration. LendingClub Inc. ,

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The Latest Questions Small Businesses Are Asking

Up and Running

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.

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Utilizing Financial Aid During a Global Crisis: A Guide for Business Owners

The Startup Magazine

The Covid-19 pandemic has had a devastating impact on the global economy, with businesses in every sector feeling the strain of the crisis. As business owners struggled to keep their companies afloat, many turned to business financial aid programs for relief. One such program is the Employee Retention Credit (ERC).

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8 Essentials To Qualify Your Startup For A Bank Loan

Startup Professionals Musings

Also, don’t expect enthusiasm for your gambling site, porn site, gaming, or debt collection business. Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you. These include food service, retail, consulting, work at home, and telemarketing. Show a significant personal investment.

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10 Ways To Get The Capital You Need For Your Startup

Startup Professionals Musings

In the US, you may find that the Small Business Administration (SBA) can get you infusions of cash without normal backup requirements. Request a small business grant. A good place to start looking is Grants.gov , which is a searchable directory of more than 1,000 Federal grant programs.

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