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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

Maybe because they have often been called the backbone of the American economy, small businesses are among those with the heaviest burdens to bear. The sad reality is, some of these small businesses may never open their doors again. The odds were always difficult for small businesses even before the pandemic.

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9 Steps to Handle Business Loan Rejection

Up and Running

The rejection of their business loan application spurred them on an aggressive campaign to improve their financial performance. Banks compete for small business customers and sometimes a borderline case can get approval from a different bank. You can also ask your bank about SBA-backed borrowing. Get a co-signer.

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5 Creative Ways To Finance Your Small Business When Revenue Is Low

The Startup Magazine

In a perfect world, small businesses would have an endless stream of revenue coming in and there wouldn’t be need to worry about financing. Sometimes businesses have to get creative when it comes to their small business financing, especially when revenue is low. However, we all know that’s not the case.

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4 Startup Funding Challenges and How to Overcome Them

Up and Running

Creating a scalable business model. Whether you are hoping to expand a small business with a loan or going for a round of venture capital, you will need a scalable business model. Investors in particular want to fund only scalable or ready to scale businesses. Demonstrate that your company has positive cash flow

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10 Ways To Get The Capital You Need For Your Startup

Startup Professionals Musings

In the US, you may find that the Small Business Administration (SBA) can get you infusions of cash without normal backup requirements. Start a crowdfunding campaign online. Request a small business grant. Trade equity or services for startup help. The process is long, but it doesn’t cost you any equity.

Equity 266
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You’ve Got Funding: 5 Things to Do With the Money Right Away

Up and Running

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.

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10 Alternative Funding Sources For Your New Venture

Startup Professionals Musings

In the US, you may find that the Small Business Administration (SBA) can get you infusions of cash without normal backup requirements. Start a crowdfunding campaign online. Request a small business grant. Trade equity or services for startup help. The process is long, but it doesn’t cost you any equity.

Equity 436