Both Sides of the Table

APRIL 6, 2020

There is so much confusion and misinformation out there about the government sponsored “payroll protection plan” loans to companies that the heads of every small business CEO in the country must be spinning. 350 billion of this money is dedicated to small businesses under a loan program called the PPP (payroll protection plan).

Programming 279

Programming Affiliate SBA Government 279

YoungUpstarts

JANUARY 6, 2021

But let’s look at this through the eyes of small businesses. Outside of government, companies with less than $7 million in sales and fewer than 500 employees are widely considered small businesses by the U.S. Small Business Administration.

Small Business 264

Small Business Small Business Administration United States Stock 264

YoungUpstarts

JULY 15, 2015

All successful entrepreneurs remember the first few months of their start-up and know that feeling of pure innovation that makes your business click. You need creativity to keep going, and you need creativity from your employees to keep growing. For us, it all started with a blanket. Interdepartmental communication. Reward creativity.

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Employee Detroit Michigan Small Business Administration 100

YoungUpstarts

NOVEMBER 26, 2020

by Terry Monroe , founder and president of American Business Brokers & Advisors (ABBA) and author of “ Hidden Wealth: The Secret To Getting Top Dollar For Your Business “ Normally, I am a proponent of buying small businesses. The possibility of more business interruption exists.

Small Business 225

Small Business Due Diligence Small Business Administration Operations 225

Up and Running

JUNE 21, 2021

However, the challenges you face are the same ones that every successful small business owner has faced and then surmounted in some way or another. It can be instructive and inspirational to hear about businesses that triumphed over adversity. How these six businesses worked with the SBA to grow.

Columbus 134

Columbus SBA SBIR Utah 134

YoungUpstarts

FEBRUARY 20, 2019

Navigating the transition between a salaried employee and running your own consulting business can be tricky. And if you like what you read here, be sure to read the complete 10 step guide on how to start a consulting business. The LLC business structure provides the limited liability features you would find in a corporation.

Small Business Administration 147

Small Business Administration LLC Limited Liability Company SBA 147

Up and Running

MAY 16, 2014

According to Small Business Administration research , only half of new businesses survive for the first five years and only one-third of new businesses are able to survive for 10 years. We can also conclude that about 65% of new businesses don’t make it to the ten-year mark. Poor Financial Management.

Small Business 157

Small Business Leadership Demand Small Business Administration 157

The Startup Magazine

JANUARY 10, 2023

One such program is the Employee Retention Credit (ERC). The ERC is a tax credit available to employers with 100 or fewer employees. Under this program, businesses can receive up to $5,000 per employee in 2020 and 2021 for maintaining their payroll during the pandemic. Small Business Loans. Final Thoughts.

Global 150

Global Small Business Administration Government Programming 150

YoungUpstarts

MAY 9, 2014

Now that you have your business up and running you must sustain and grow it, but how do you do that? There are many helpful resources for budding entrepreneurs and small business owners and my first recommendation is to start with the U.S. Wave is a free, cloud-based tool specifically designed for small businesses.

Management 167

Management Software Review eCommerce Entrepreneur 167

YoungUpstarts

MARCH 19, 2019

It’s not easy to start a new business. About two-thirds of businesses with employees survive 2 years and only about half survive five years. Businesses that survive and thrive have an unfair advantage. For more information about how to create a business plan, the Small Business Administration has you covered.

Small Business Administration 145

Small Business Administration Business Plan Design Hiring 145

Startup Professionals Musings

JUNE 23, 2023

Your idea alone will not get you a loan, but your experience running businesses may get you a loan, even if not intimately related to the current proposal. You have an advantage if you can get them on your turf, and even get several key employees to tag-team the presentation. Conduct meetings at your site, not at the bank.

Silicon Valley 292

Silicon Valley CPA Small Business Administration Startup 292

YoungUpstarts

NOVEMBER 20, 2018

Not to mention, your employees are trying to use up their vacation time. Maybe you’re also trying to handle every administrative task, dealing with poor hiring decisions, trying to update your training process, or spending too much time in the nitty gritty. Ask other small business owners how they overcame this hurdle.

Small Business 138

Small Business Small Business Administration SBA Hiring 138

YoungUpstarts

DECEMBER 7, 2017

According to the Small Business Administration , just one in two businesses with employees survives to see its fifth anniversary. By the 10-year mark, fewer than 30% of businesses with employees remain viable. Surprisingly, macroeconomic trends have minimal impact on long-term business survival rates.

Cost 100

Cost Developer Small Business Administration Marketing 100

crowdSPRING Blog

JULY 8, 2020

More than 60% of small businesses struggle with cash flow issues. As a result, nearly a third of all small business owners struggle to pay vendors, employees, or themselves. In fact, cash flow issues and running out of cash are two of the top reasons small businesses fail.

Finance 79

Finance Small Business SBA Small Business Administration 79

crowdSPRING Blog

FEBRUARY 14, 2019

This is the most complete guide online on how to start a business in 2019. You should know that about two-thirds of businesses with employees survive 2 years and about half survive only five years. Businesses that survive and thrive have an unfair advantage. Purchase business insurance. Operating plan.

Angel Investor 85

Angel Investor Small Business Business Plan Intellectual Property 85

The Startup Magazine

OCTOBER 14, 2019

It is likely that you already have an idea for your small business, but if you don’t, it is wise to look into the market needs in your community and in the world at large. You should put your business through a validation process to make sure that it is viable. A Great Idea. According to Founder and CEO of Dood Inc.,

Limited Liability Company 82

Limited Liability Company Startup Angel Investor Small Business Administration 82

YoungUpstarts

FEBRUARY 13, 2014

The start of the year is already in the rearview mirror, but small business is about continual reinvention. Here are some tips you can use now to make your small business a success in 2014. Small business owners should also keep an up-to-date inventory of assets and IT equipment at all times.

Small Business 190

Small Business New York City New York Small Business Administration 190

Startup Professionals Musings

SEPTEMBER 27, 2020

Your idea alone will not get you a loan, but your experience running businesses may get you a loan, even if not intimately related to the current proposal. You have an advantage if you can get them on your turf, and even get several key employees to tag-team the presentation. Conduct meetings at your site, not at the bank.

Silicon Valley 431

Silicon Valley CPA Small Business Administration SBA 431

Startup Professionals Musings

OCTOBER 16, 2020

Too many of you business owners think success only means being the next Amazon, or you stress yourself out trying to be everything to every customer. This type of business has long been primarily run out of the home, well before COVID-19 made that a necessity, and it still works to keep the costs of operation down.

Intellectual Property 313

Intellectual Property Small Business Administration Bootstrapping Differentiation 313

YoungUpstarts

NOVEMBER 19, 2013

Small business owners face a unique set of opportunities and challenges in our economy. There are many local resources available that can help with a variety of entrepreneurial needs, from networking and training to securing a small business loan or business line of credit. Small business support.

Small Business 150

Small Business SBA Small Business Administration Security 150

Hearpreneur

FEBRUARY 8, 2023

4- Through local organizations Photo Credit: Luke Fitzpatrick As a CEO of a small business, I aim to support and be involved in local organizations, communities, and associations that can help my mission. I have connected with colleagues to form relationships from which our businesses can both benefit equally.

Community 96

Community Architecture Entrepreneur Networking 96

YoungUpstarts

OCTOBER 10, 2017

by Quint Studer, founder of Studer Community Institute and author of “ Results That Last: Hardwiring Behaviors That Will Take Your Company to the Top “ No doubt about it: Small businesses are leading the way to revitalize America. Small business success has been essential to Pensacola’s growth.

Small Business 124

Small Business America Government Community 124

The Startup Magazine

APRIL 13, 2020

One of the programs that most business owners are asked to use is the Economic Injury Disaster Loan Program. Even if it is not that common, it is an existing program that is administered through the Small Business Administration. In case you have more employees, you might not qualify for the EIDL loan.

United States 171

United States Small Business Administration SBA Programming 171

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).

Software Review 151

Software Review SBA Due Diligence Business Plan 151

YoungUpstarts

AUGUST 7, 2014

As a small business owner, you are very much aware of some of the expenses facing you in the first couple of years. What follows is a little information that will help you cut through the noise: Two Categories of Business Insurance. There are two fundamental categories: Commercial Business Insurance. Employee Insurance.

Puerto Rico 157

Puerto Rico Small Business Rhode Island New Jersey 157

crowdSPRING Blog

MARCH 26, 2019

Before you can start to seriously plan your own craft beer business, you need to understand the end goal that you’re aiming for. Choosing your business model is the first step in that direction. This is true for any business, not just for brewery businesses. We recommend that you write a business plan.

Small Business Administration 94

Small Business Administration Distribution LLC Small Business 94

YoungUpstarts

JANUARY 13, 2017

Those dreams can fuel any business as it secures loyal customers and achieves a consistent revenue stream, but that may not be enough to take it to the next level: its transformation into a larger company. If your small business doesn’t already sell online, 2017 is a great time to get started. Evaluate your sales team.

Small Business 100

Small Business Small Business Administration Social Media Aggregator 100

Up and Running

MAY 9, 2018

But before we get to the reward—financial independence and the hard-won title of a small business owner—there are some things you can do to make the process run smoothly. Other entrepreneurs start the planning process with a concept that requires employees or with a vision for market domination. Target market.

Business Plan 71

Business Plan SBA Software Review Small Business Administration 71

YoungUpstarts

FEBRUARY 26, 2016

Whether it’s access to a proven business model, the expertise and resources needed to achieve sustainable growth, or simply wanting a team of support, franchising has become an increasingly attractive option for small business owners who are looking to take their businesses to the next level.

Small Business Administration 100

Small Business Administration SBA Business Model Small Business 100

The Startup Magazine

FEBRUARY 9, 2023

This includes what type of business insurance a company must carry. While minimum requirements vary, new business owners should invest in additional coverage to ensure that all personal and business assets are protected. The type of business affects what insurance the owners should purchase. First, the report.

Chicago 113

Chicago Illinois Small Business Administration Employee 113

YoungUpstarts

APRIL 27, 2017

Difficulties arise when companies begin to scale up because as a company grows and expands its operations, entrepreneurs typically become less involved with the day to day operation of their business. All because its leaders were unable to successfully manage the transition of scaling operations to grow from a small to medium sized business.

Small Business 124

Small Business Small Business Administration Lean Marketing 124

YoungUpstarts

OCTOBER 16, 2016

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.

Cofounder 100

Cofounder Balance Sheet Small Business Administration Technical Review 100

YoungUpstarts

SEPTEMBER 7, 2020

Because so many businesses are struggling due to the COVID-related economic downturn, both the federal and local governments have taken steps to provide special financial supports to keep small businesses afloat – and new businesses may qualify for some of them. Competition Is Down.

Small Business Administration 147

Small Business Administration eCommerce Operations Government 147

Up and Running

MARCH 7, 2014

I say “for the most part” because government grants for small businesses do exist, but the opportunity to secure one is limited to a narrow field of candidates. Here’s what you need to know about government grants for small businesses, who is eligible to receive them, and how to go about getting them.

SBIR 121

SBIR Small Business SBA Government 121

Up and Running

MAY 4, 2016

You also may want to consider hiring them temporarily for a few test classes or personal training sessions before committing to keeping them as an employee. Eventually, she secured a strong group of teachers so that she could fully focus on the leadership aspects of the business. Will the staff be employees or independent contractors?

Small Business Administration 60

Small Business Administration Finance Tennessee Business Plan 60

crowdSPRING Blog

FEBRUARY 28, 2019

Your business location, facilities, equipment, and what kind of employees you’ll need are in this section. Any information that helps support your business idea goes here, including market studies, legal agreements, photos of your products, and more. Click here to see their complete guide to writing a business plan.

Business Plan 64

Business Plan Small Business Administration Hiring Social Media 64

YoungUpstarts

MARCH 20, 2020

According to the Small Business Administration, there are over 627,000 new businesses that open each year. During times of crisis, there are some things that startup businesses, regardless of the business, must know and understand so that they can be prepared. Transparency With Employees.

Small Business Administration 147

Small Business Administration Bankruptcy Employee Startup 147