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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

The odds were always difficult for small businesses even before the pandemic. According to the numbers published by the Small Business Administration in 2018, 20% of these enterprises fail in their first year. Scan through them and see which assistance your business may be eligible for. A Change in Attitude.

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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Starting a business involves brainstorming, planning, and ensuring that you comply with all necessary legal obligations. Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . What legally defines a small business?

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Find Your Ideal Job And Build Your Dream Business

YoungUpstarts

In addition, being employed allows you the flexibility of investing in your small business without the stress of adding more debt into your current financial portfolio. Once the business has reached a certain consistent income you can decide whether to leap into the business full-time or hire others to manage the business.

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How To Start A New Business

YoungUpstarts

And if you like what you read here, be sure to read the complete 12 step guide on how to start a business. Develop and refine your idea. You probably already have some idea of what kind of business you’d like to start. Write a business plan. A business plan can help you to crystallize your ideas.

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To Franchise Or Not To Franchise?

YoungUpstarts

By Brandon Moxam, Director of Brand Development at U.S. With more than 825,000 franchise establishments across 300 business lines, they employ nearly 18 million people and account for one eighth of the U.S. Instrumental decisions like hiring employees, running the day-to-day operations, and training all relies on the owner.

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Containing Growth Chaos: Five Things To Do When Your Company Is On The Upswing

YoungUpstarts

In business, growth is a big deal, especially when you think about this: Most businesses cease operations and shutter their doors before ever really hitting their stride. Based on data from the Small Business Administration , merely half of all businesses are still active five years after opening.

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How Online Lenders Facilitate The Growth Of Startups

YoungUpstarts

To bridge the divide between the need for capital and the difficulty in obtaining it, online lenders have entered the scene and their services allow entrepreneurs to gather the capital they need to purchase inventory, start marketing campaigns, hire new staff, pay for startup attorneys and deal with other miscellaneous startup costs.

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