Up and Running

AUGUST 29, 2014

While there are no guarantees any startup business will be successful, a good first step to determine if an idea makes sense before proceeding with an investment of time and resources is to do a venture feasibility study. Do I need to hire a Certified Public Accountant (CPA) for my small business?

Small Business 87

Small Business CPA Government North America 87

Startup Professionals Musings

JUNE 23, 2023

A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan.

Silicon Valley 292

Silicon Valley CPA Small Business Administration Startup 292

Up and Running

JUNE 2, 2011

The SBA considers additional character points when reviewing a loan request: criminal background, citizenship and legal status within the US. The same is true for startups, existing businesses, and projected growth. There needs to be a comfortable buffer between what goes out (expenses) and what comes in (revenue). Collateral.

Vesting 82

Vesting CPA SBA Bankruptcy 82

Startup Professionals Musings

SEPTEMBER 27, 2020

A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan.

Silicon Valley 431

Silicon Valley CPA Small Business Administration SBA 431

Up and Running

MAY 28, 2015

He is the known guru in business planning, particularly for small businesses, startups and entrepreneurs, although he’s worked with Fortune 100 and Fortune 500 companies as well. I’m not going to go into background, benefits, principles, what’s lean and how lean started in the 1930s and 40s and lean startup and all that.

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

DECEMBER 1, 2018

A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan.

Silicon Valley 210

Silicon Valley CPA Small Business Administration SBA 210

Startup Professionals Musings

OCTOBER 31, 2016

A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan.

Security 120

Security Angel Investor Silicon Valley CPA 120