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5 Ways Startups Can Reduce Development Costs & Shorten Time To Market

YoungUpstarts

According to the Small Business Administration , just one in two businesses with employees survives to see its fifth anniversary. By the 10-year mark, fewer than 30% of businesses with employees remain viable. Surprisingly, macroeconomic trends have minimal impact on long-term business survival rates.

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3 Startups To Watch Out For In 2018

YoungUpstarts

According to the latest statistics released by the Small Business Administration , there are just under 29 million small businesses in the United States that employ more than 56.8% Those are impressive statistics when you stop to consider small businesses account for approximately 99.7%

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Estimating Realistic Startup Costs

Up and Running

This article is part of our Business Startup Guide —a curated list of our articles that will get you up and running in no time! What will it cost to start that business? Startup expenses are those expenses incurred before the business is running. What are startup costs? Here’s how.

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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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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Starting a business involves brainstorming, planning, and ensuring that you comply with all necessary legal obligations. Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . What legally defines a small business?

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9 Principles Especially Critical For A Micro-Business

Startup Professionals Musings

In reality, the opportunities are greater for starting with a micro-business , ideally from your special expertise or passion, with fewer than five employees, and just enough sales to comfortably support you and your team. Key ones in my mind include the following: Build your business around what you know and love.

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Utilizing Financial Aid During a Global Crisis: A Guide for Business Owners

The Startup Magazine

Under this program, businesses can receive up to $5,000 per employee in 2020 and 2021 for maintaining their payroll during the pandemic. Business owners used this program to their advantage in 2020, claiming an estimated $50 billion in credits. The loan then offers up to $2,000,000 in long-term loans with an interest rate of 3.75%.

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