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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

The size standards are different for each industry and are defined by the government body established to oversee such matters. Generally, the size is based on the number of employees and annual receipts for a given period. What you need depends on your location, business activities, industry, and government rules.

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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. You can, however, make sure you do your part in keeping your employees and yourself safe from the disease.

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Vital Tips For Small Businesses And Entrepreneurs During Covid-19  

YoungUpstarts

As individuals, we instinctively keep a running check in our heads about when our bills are due and when we have money coming in. Now it’s time to consider your small business in the same light. Make a list of bills you owe each month ­­— it could be rent, payroll, utilities, inventory, software subscriptions, etc.

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The Latest Questions Small Businesses Are Asking

Up and Running

Company culture is defined as the shared values, beliefs and practices of company employees including management. Knowing the culture in any business is important to ensure the long term health of the business. How can a business owner assess their company culture? Look for common employee behaviors.

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How to Get the Most Out of Your Business Plan Writing Service

Up and Running

Other entrepreneurs start the planning process with a concept that requires employees or with a vision for market domination. Knowing how big you see your company becoming in the next few months (and even years) will drive key parts of your business plan. Target market. Who do you think your core customer or clientele truly is?

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Practical Market Research Resources for Entrepreneurs

Up and Running

Government information. Federal, state and local government reports. Small Business Administration – SBA. Small Business Development Center – SBDC. The industry-specific (based on SIC code) reports tell you how many companies there are, average sales, and employees.

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Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

You want to review all the different components of your business model. This description should basically be an elevator pitch for potential partners and business investors to get excited about what you’re offering and your unique location, philosophy, and approach. What employee childcare discount will you offer?