Remove Forecast Remove Government Remove Operations Remove SBA
article thumbnail

How to Manage Cash Flow in a Crisis

Up and Running

To gain control, you need to focus on operational activities that put cash in your hands. But step one, today, is focusing on stabilizing and maintaining your operating cash flow. . Apply for an SBA Disaster Assistance Loan: The SBA is making hundreds of billions of dollars available for low-interest small business loans.

article thumbnail

Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

Will you offer discounts, or accept government-subsidized or reduced payments from lower-income parents? Your financial projections should include forecasted income, expected enrollment growth, balance sheets, cash flow statements and projected/needed capital expenditures. If you buy a business, an SBA loan can also be a possibility.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Basics of Small Business Loans [WEBINAR]

Up and Running

As I’ve been working in this industry, as Sabrina started out said, I was the Chief Marketing officer of CAN Capital which is a big alternative lender and now I’m the Vice President of SmartBiz SBA Loans. The third here for startups is the SBA. The SBA will provide loans to new businesses. Who might qualify for an SBA 7A loan?

article thumbnail

8 Alternative Funding Options for Small Businesses

Up and Running

SBA and small business lending funds, for example, act as alternatives to typical bank loans. . A grant is financial assistance awarded by the federal, state, or local government. If you’re pursuing a grant, government and SBA options are likely the most common but difficult routes to go. Traditional loans.

article thumbnail

The Importance of Burn Rate and Cash Runway

Up and Running

You need cash in the bank to operate, to pay employees, and to keep the doors open. This is where forecasting and budgeting are crucial for the survival of your business. You’ll need to create multiple sales forecasts and expense budgets to explore different scenarios. Help is available with government-backed loans.

Burn Rate 100
article thumbnail

Business 2015 - Optimism, But Upgrade Your Strategy

Startup Professionals Musings

Fight for More Government and Policy Support: Small businesses now believe they have played a key role in the U.S. economic recovery, but in spite of, rather than assisted by, support from the federal government. You can join the fight for action, particularly for even higher Small Business Administration (SBA) loan limits.

article thumbnail

8 Steps to Starting Your Own Business

Up and Running

How will these affect day-to-day operations? If you don’t have time to perform the research or would like a second opinion, there are people you can go to for help, like government departments and your local SBDC. In contrast to the standard plan and the startup plan, is the operations or annual plan. What are your strengths?