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Financial Management: 7 Steps To Getting Your Small Business Debt-Free

The Startup Magazine

The Federal Reserve found that 70% of small businesses have unpaid debt, with 21% registering $25,000 to $100,000 in debt, according to Fundera. Interestingly, debt can significantly boost business growth. Whether you are new in business or an established entrepreneur, you need to be diligent with your finances.

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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

However, the challenges you face are the same ones that every successful small business owner has faced and then surmounted in some way or another. It can be instructive and inspirational to hear about businesses that triumphed over adversity. How these six businesses worked with the SBA to grow.

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The Top 5 Benefits Of Social Media On Small Businesses

YoungUpstarts

Besides being able to stay connected to friends and family, social media offers great benefits; especially in terms of small business growth. Small businesses typically have to pay special attention to advertising strategies in order to get their name and service out in a timely and efficient manner to potential clients.

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The Startup Guide to Affordable Accountancy

The Startup Magazine

In their study, they found that most businesses fail due to poor understanding of cash flow and lack of a well-developed business plan. With staggering statistics like these, it’s clear that startups need to come up with affordable ways to handle their accounting services needs in order to avoid bankruptcy. Generate invoices.

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Five Ways For A Startup To Secure And Keep A Big Client

YoungUpstarts

For any business, revenue matters. For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. Professionalisms client management revenue sales Scott Tarlow startup Success Systems' Here’s my advice: 1. Price matters most.

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23 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

We asked some entrepreneurs and business owners, why they started their businesses: #1- From personal experience. I owned a mortgage company when the mortgage industry crashed and lost almost everything pushing me to the brink of personal bankruptcy. 7- Help small business in website ranking on Google.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Flexible VC: Revenue -based. Of the Inc.