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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

New tech entrepreneurs can find it difficult to surmount the onslaught of obstacles to getting a new business off the ground. 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. iRobot — From robots to riches.

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Top Five Mistakes Small Business Owners Are Making During Pandemic

YoungUpstarts

My company has helped almost 2,000 businesses and we have seen every issue a struggling business might face. Patterns emerge, and the top five mistakes we see small business owners making again and again, are: 1. Failure to Access Small Business Administration (SBA) Programs.

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8 Essentials To Qualify Your Startup For A Bank Loan

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. That’s why angel and equity investors are so sought after by entrepreneurs. Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression.

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8 Strategies To Improve Your Odds Of Getting A Loan

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. That’s why angel and equity investors are so sought after by entrepreneurs. Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression.

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How Online Lenders Facilitate The Growth Of Startups

YoungUpstarts

In order to make a splash in their industries, startups need a healthy flow of working capital and, when you’re just trying to get established, it’s often impossible to access a sustainable flow of working capital through revenue alone. In lieu of obtaining a bank loan, many startups use personal or business credit cards.

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Business Plan Writers - Know Your Audience

Startup Professionals Musings

By Mahesh Raj Mohan Writing a business plan can be a difficult process. you still have to write the plan for a particular audience. A loan officer, angel investor, and venture capitalist are all looking for different things in a business plan. Always keep in mind that a business plan is a “living document.”

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4 Startup Funding Challenges and How to Overcome Them

Up and Running

As an entrepreneur, you will face several challenges while seeking the funds, in part because you’ll have to convince others that your idea is a solid investment. Creating a scalable business model. Investors in particular want to fund only scalable or ready to scale businesses. Your business idea itself needs to be scalable.

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