YoungUpstarts
MAY 5, 2020
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.
Up and Running
JULY 28, 2022
Generally, the size is based on the number of employees and annual receipts for a given period. Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500.
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YoungUpstarts
MAY 7, 2020
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.
YoungUpstarts
MAY 9, 2014
There are many helpful resources for budding entrepreneurs and small business owners and my first recommendation is to start with the U.S. Small Business Administration , it’s a helpful website that can guide you through the ins and outs of establishing your business.
Up and Running
JULY 24, 2017
An executive summary is only really necessary when you are sharing your business plan with outsiders. For example, with an existing company, that information might be as simple as adding recent annual sales or number of employees to the basic company information in the first bullet here. Small Business Administration (SBA).
Up and Running
MAY 9, 2018
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?
YoungUpstarts
FEBRUARY 26, 2015
Fortunately, in 2015, loans to small businesses are expected to increase; great news for small businesses searching for capital. Small Business Administration. The SBA has a variety of loan programs and offers considerable resources to small business startups. LendingClub Inc. ,
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