Remove Lean Remove Metrics Remove Sales Remove Small Business Administration
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10 Things the Bank Will Ask When You Need a Business Loan

Up and Running

One exception to the rule is that the federal Small Business Administration (SBA) has programs that guarantee some portion of startup costs for new businesses so banks can lend them money with the government, reducing the banks’ risk. So your business has to have hard assets it can pledge to back up a business loan.

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8 Steps to Starting Your Own Business

Up and Running

While you might use your business plan as part of your pitch to investors and banks , and to attract potential partners and board members, you will primarily use it to define your strategy , tactics, and specific activities for execution, including key milestones, deadlines and budgets, and cash flow. Marketing and Sales Plan.

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A Standard Business Plan Outline [Updated for 2017]

Up and Running

Every business ought to have a plan, but not every business needs a full formal plan with carefully crafted summaries and descriptions. If you don’t have a specific immediate need to show a formal business plan to a banker or investor, then you are probably better off doing just a lean business plan , for your internal use only.

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How to Start a Brewery: Growing Your Own Craft Beer Business

Up and Running

This year, Martin Cove Brewing Company will gross $520,000 in sales. For Falling Sky, that includes a strategic decision to focus on location sales instead of wider distribution. Loans from the Small Business Administration (SBA) can also be a good avenue, but from “bank to bank the SBA program is used differently,” says Patrick.

Oregon 24
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Transcript of Advice for Entrepreneurs Who Want to Sell Their Companies

Duct Tape Marketing

John Jantsch: So you in the Value Builder System kind of lean on these drivers of salability kind of the things that people use to determine or demonstrate that a company has value. I love looking at cost per account acquired as a key metric to share with potential acquirers. One, product innovation, and two, sales and marketing.