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

YoungUpstarts

Maybe because they have often been called the backbone of the American economy, small businesses are among those with the heaviest burdens to bear. The sad reality is, some of these small businesses may never open their doors again. The odds were always difficult for small businesses even before the pandemic.

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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

Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year. What separates new businesses that flourish from those that close in disappointment? Here are four of the top reasons small businesses fail within the first year: 1.

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Find Your Ideal Job And Build Your Dream Business

YoungUpstarts

The truth is that you can have both and I strongly encourage aspiring employee-preneurs to review the following five reasons to consider maintaining your job in the first few years of building your business. Business Ownership Strengthens Your Employee Net Worth. Learning from Both Work Environments.

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5 Tips For Spring Cleaning Your Small Business

YoungUpstarts

By Evan Singer, General Manager for SmartBiz. It’s that time of year again, and even though the word “business” may not come to mind when talk about spring cleaning — it should. There are a lot of great ways SMBs can benefit from a small organizational facelift. Have fun with your business . File your taxes on time.

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The Latest Questions Small Businesses Are Asking

Up and Running

The local Small Business Development Center office is a resource that can assist with the venture feasibility process. What is meant by “company culture” and how is it important to my business? Company culture is defined as the shared values, beliefs and practices of company employees including management.

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Survival Mode: Small Businesses Strategies To Weather The Coronavirus Pandemic

YoungUpstarts

While the coronavirus pandemic and the massive economic disruption caused by the broad shutdowns and mandates for social distancing have hurt all manner of companies, startups and other small businesses are shouldering the worst of the pain and uncertainty. Check with the SBA to see whether you qualify for such funds.