YoungUpstarts
MAY 5, 2020
The odds were always difficult for small businesses even before the pandemic. According to the numbers published by the Small Business Administration in 2018, 20% of these enterprises fail in their first year. Scan through them and see which assistance your business may be eligible for. A Change in Attitude.
YoungUpstarts
JULY 20, 2016
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. Safeguarding Personal Assets.
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Up and Running
JUNE 23, 2022
The rejection of their business loan application spurred them on an aggressive campaign to improve their financial performance. For example, even after that loan is paid, the investors who lent the money end up with one or two percent of your business, as shareholders. This is just one method for improving your cash flow.
Up and Running
MAY 16, 2017
The details within those pages will remind you of the spending strategy you outlined to get your business off the ground. 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.
YoungUpstarts
AUGUST 30, 2017
If you’re like many small businesses, you have a love-hate relationship with marketing. There is nothing more important than finding and keeping customers, but you’d rather be delivering great service than creating your next Facebook ad campaign. Some can even get your business online within a few hours.
YoungUpstarts
MAY 20, 2018
In fact, according to the Small Business Administration , one-third of startups fail because they fail to give enough attention to their business’ financials. Keep in mind that while your business is a large asset, your health and wellness are the most important assets you have. Streamline Your Accounting.
Up and Running
AUGUST 30, 2017
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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