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10 Reasons You Don’t Qualify for an SBA Disaster Loan

Up and Running

Maintaining your business through the coronavirus crisis has likely led you to cut costs, revise your sales projections, and potentially seek out a loan to help you stay afloat. Your business is brand new. Most banks will not issue traditional SBA loans to brand new businesses.

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Why the SBA Funds Businesses Like Yours

Growthink Blog

In the United States, many entrepreneurs get SBA loans to start or grow their businesses. Small Business Administration (SBA) guarantees a percentage of each loan. What this means is that if you, the entrepreneur, default on the loan, the bank only loses a small percentage of the money it lent you (the U.S.

SBA 83
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Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

For detailed information on the size of your primary market, there are helpful resources such as this market research guide from the US Small Business Administration. Like it or not, this will likely affect your revenue and enrollment, especially if you are offering part-time care. What is your business model?

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The Glow Up: 13 Sources Of Alternative Financing For Startup Businesses

YoungUpstarts

The lender will care less about your credit score when applying and more about your business’s revenue, which makes getting a short-term loan a breeze. Another upside to short-term loans is that they are usually processed in just a few business days, which is great for when you need a loan fast. Online Loans.

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How to Start Your Own Gym

Up and Running

total revenues reached 27 billion U.S. Only 18 percent of total revenue in 2016 was from the top four largest players in the fitness industry, while small speciality gyms and independently-owned fitness businesses made up the rest. Resources on funding for your business: 35 Ways to Fund Your Business.

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Need money? Read this!

Berkonomics

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Often private equity investors will want control of the business as well. For those of you who fit that description, nice work.

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How to Start a Successful Photography Business: The Complete 10 Step Guide (2019)

crowdSPRING Blog

Any information that helps support your business idea goes here, including market studies, legal agreements, photos of your products, and more. For more information about how to create a business plan, the Small Business Administration has you covered. Click here to see their complete guide to writing a business plan.