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How to Write an SBA Business Plan — SBA Template and Checklist

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Applying for an SBA loan for your business requires preparation. For most SBA loans, you’ll need to put together a business plan—one that shows how funds will be used and how the business will repay the loan over time. Here’s what you need to know about SBA business plans and how you can maximize your chances for approval.

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Practical Market Research Resources for Entrepreneurs

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Most every organization will benefit from even the most elementary market research. Market research is the process of gaining information about your market. Preferably, this is specific information about your target market and the key factors that influence their buying decisions. Types of market research.

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4 Startup Funding Challenges and How to Overcome Them

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Funding is crucial for improving technology, hiring the right people, and launching a comprehensive marketing strategy to get a foothold in the market. Usually, scalable business models have higher profit margin and lower infrastructure and marketing investment. Sure, it should be unique. There is no single approach here.

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A Standard Business Plan Outline [Updated for 2017]

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Others like to focus on the numbers first, so they start with a sales forecast or spending budget. Summarize the problem you are solving for customers, your solution, the target market, the founding team, and financial forecast highlights. Market analysis summary. Market Analysis Summary. Market Segmentation.

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8 Things You Need To Start a Business During a Recession

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Recessions, or even a volatile market like we’re currently experiencing due to COVID-19 , are difficult times. Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway. Better credit options.

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You’ve Got Funding: 5 Things to Do With the Money Right Away

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Look closely at your cash flow forecast so that you can spend accordingly. According to 2016 statistics published by the Small Business Administration (SBA) , only about 78 percent of small business startups survive the first year, and only half make it to the five year point. Invest in minimal staff.

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The Basics of Small Business Loans [WEBINAR]

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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. Why does the market have a hard time servicing this underserved market? The third here for startups is the SBA.