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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

Maybe because they have often been called the backbone of the American economy, small businesses are among those with the heaviest burdens to bear. The sad reality is, some of these small businesses may never open their doors again. The odds were always difficult for small businesses even before the pandemic.

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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . Let’s take that innovative new business idea and walk through all the requirements you need to consider to successfully start a business that’s legally recognized.

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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

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. Who is this program for and why does it exist? The goal of the program is in the name?—?payroll payroll protection.

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The Latest Questions Small Businesses Are Asking

Up and Running

While there are no guarantees any startup business will be successful, a good first step to determine if an idea makes sense before proceeding with an investment of time and resources is to do a venture feasibility study. Consider a venture feasibility study as a start on a business plan if the idea looks profitable.

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Find Your Ideal Job And Build Your Dream Business

YoungUpstarts

Quitting your job and then applying for a small business loan is a recipe for disaster. In addition, being employed allows you the flexibility of investing in your small business without the stress of adding more debt into your current financial portfolio. Position Yourself With a Better Financial Portfolio.

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Utilizing Financial Aid During a Global Crisis: A Guide for Business Owners

The Startup Magazine

The Covid-19 pandemic has had a devastating impact on the global economy, with businesses in every sector feeling the strain of the crisis. As business owners struggled to keep their companies afloat, many turned to business financial aid programs for relief. One such program is the Employee Retention Credit (ERC).

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8 Essentials To Qualify Your Startup For A Bank Loan

Startup Professionals Musings

Also, don’t expect enthusiasm for your gambling site, porn site, gaming, or debt collection business. Most loan programs, and most investors, want to see that you have “skin in the game’ before helping you. If you are a startup operating out of your garage or basement, you are likely too early in the cycle to get banks interested.