Remove Revenue Remove Sales Remove SBA Remove Startup
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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. Most banks will not issue traditional SBA loans to brand new businesses. Moreover, the collateral that you provide is split between the SBA and the bank.

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9 Steps to Handle Business Loan Rejection

Up and Running

Don’t forget that many of these ratios have similar drivers, such as capital, sales on credit, accounts receivable, inventory, payment patterns, etc. Maybe you have a big promotion to spark new sales or offer a discount for paying on time. You can also ask your bank about SBA-backed borrowing. Explore other financing options.

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Most Startups Get No Professional Investor Cash

Startup Professionals Musings

Money to build the business is the number one challenge for most startups. A large percentage of startups never apply to either. You need to explore more common and more productive approaches for getting your startup moving forward. Self-funding is the preferred source of cash for your startup – if you can do it.

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The 10 Best Sources of Cash to Start Your Business

Startup Professionals Musings

Money to build the business is the number one challenge for most startups. A large percentage of startups never apply to either. You need to explore more common and more productive approaches for getting your startup moving forward. Self-funding is the preferred source of cash for your startup – if you can do it.

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6 Ways To Get Credible Data To Support A New Venture

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. On the other hand, spending your entire startup budget on market research won’t improve your odds of success or funding.

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Ten Top Funding Sources for Startups

Startup Professionals Musings

Money to build the business is the number one challenge for most startups. In reality, there are multiple more productive approaches you should explore in getting your startup moving forward. Yet, I find that startup founders often fixate on one or two sources, often to the detriment of their business. Startup incubators.

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

Up and Running

How to spend your startup funds is the most important decision a business faces at this crucial stage. 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. Create a must-have list.

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