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What to Do When You Need a Disaster Loan

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The process is approachable (I will go into more detail below) and has a relatively short turn around, but the SBA does have loan requirements for eligibility. In addition to assisting businesses in recovery, the SBA does provide home and personal property loans. Review your insurance coverage. Federal regulations in the U.S.

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Episode 1: Business Loans, Website Tips, and the Apple Watch – The Bcast

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I think that’s the starting point for most businesses is that things like the bank lending space, the what is the SBA and how are they here to help me? I think that’s why a lot of people consider these business loans or these SBA loans a little bit daunting and maybe even a little confusing. Some banks house SBA loans.

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5 Tips for Starting a Successful Clothing Brand: The Definitive Guide (2018)

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Create a sales plan. We discussed these options previously in our article 15 Tips for Turning Your Craft Hobby Into a Successful Business : A sole proprietorship is the “most basic type of business to establish” according to the SBA (Small Business Administration). Create a Sales Plan. Develop your brand. Spread the word.

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Help! My Business Needs a Marketing Plan and I Don’t Know Where to Start

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Review sales reports and any available information about your customers (such as income or age). Review the history of your market situation (for example, the company was founded in 2005 and experienced a steady 2.4 percent annual increase in sales until 2010, when sales have decreased an average of 1.5

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Top 10 Most Expensive Mistakes New Restaurant Owners Make

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SCORE , SBDC , and the SBA all offer resources in the U.S. . Anything too experimental runs the risk of diminishing sales once the curiosity factor wears off, especially if it takes some time to get the food and your kitchen processes right. How it would play out in reality: A scathing review titled,?“(Don’t) Promotions.

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10 Things the Bank Will Ask When You Need a Business Loan

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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. See Also The Complete Guide to SBA Loans. Collateral. Business plan. If you had any, you’d know.

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Working for Equity Instead of Cash

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Small Business Labs, from Emergent Research , covers the key social, technology and business trends impacting small business. Small Business Blogs. Entrepreneur Magazine Blog. New Communications Review. SBA: Small Business Administration Office of Advocacys Home Page. The Franchise King Blog. OReilly Radar.

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