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9 Steps to Handle Business Loan Rejection

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Don’t forget that many of these ratios have similar drivers, such as capital, sales on credit, accounts receivable, inventory, payment patterns, etc. Check out how you can improve vital financial ratios for your business. Maybe you have a big promotion to spark new sales or offer a discount for paying on time.

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How to Get a Small Business Loan

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It is imperative that you have a clear business plan and forecast for the future of your business, as well as a good track record. Before going to the bank, you want to determine what your business needs actually are. A larger sales force? Determining Your Needs and Approaching the Bank. More inventory?

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

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The details within those pages will remind you of the spending strategy you outlined to get your business off the ground. Look closely at your cash flow forecast so that you can spend accordingly. That being said, intelligent spending on technology that promotes future marketing and sales campaign successes is always a good idea.

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Practical Market Research Resources for Entrepreneurs

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Small Business Administration – SBA. Small Business Development Center – SBDC. Census Cendata: This page has a menu of available reports that include reports on different manufacturing industries, county-specific economic surveys, business patterns for a specific ZIP code and others.

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

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Here’s what you need to know about SBA business plans and how you can maximize your chances for approval. SBA loans are loans that are issued by banks and credit unions, but backed by the US Small Business Administration—the SBA. The SBA requires personal guarantees from anyone that owns at least 20% of the business.

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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. You can join the fight for action, particularly for even higher Small Business Administration (SBA) loan limits. See where you can maximize this type of profit.

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How to Start a Construction Company

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But once you have a solid construction company business plan and know the direction you want to take, you can start your own construction business. Small Business Administration (SBA) have pointed out, construction is a high-growth industry right now and is expected to remain strong for years to come.

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