article thumbnail

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

Up and Running

Look closely at your cash flow forecast so that you can spend accordingly. 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. Smart fiscal choices bring success in the long run.

article thumbnail

The Basics of Small Business Loans [WEBINAR]

Up and Running

As I’ve been working in this industry, as Sabrina started out said, I was the Chief Marketing officer of CAN Capital which is a big alternative lender and now I’m the Vice President of SmartBiz SBA Loans. The third here for startups is the SBA. The SBA will provide loans to new businesses. Who might qualify for an SBA 7A loan?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Practical Market Research Resources for Entrepreneurs

Up and Running

Access to this secondary market research data may be yours for the asking and cost you only an email, letter, phone call, or perhaps a nominal fee for copying and postage. Small Business Administration – SBA. When in doubt, call or email the industry association offices and communicate with the managers.

article thumbnail

The Ultimate Guide to Starting a Software Company

Up and Running

While it’s useful to be able to have a sales forecast and expense budget early on, it’s not something you need until you’ve validated your idea. Later you will want to come back and create a proper sales forecast, cash flow forecast, and expense budget. Circle back and create a more detailed forecast.

article thumbnail

Episode 1: Business Loans, Website Tips, and the Apple Watch – The Bcast

Up and Running

Send us an email: Bcast@Bplans.com. I think that’s the starting point for most businesses is that things like the bank lending space, the what is the SBA and how are they here to help me? Why shouldn’t you be afraid of walking in and trying to get a bank loan or an SBA loan? Our Thoughts on the Apple Watch.

SBA 60
article thumbnail

How to Start a Business in a Month – #30DayChallenge

Up and Running

According to the SBA, 52% of all small businesses are home-based and of the 28 million small businesses in the US, 22 million of those are operated by people who consider themselves self-employed (they have no employees and no additional payroll). A sales forecast. The SBA will also likely want to see your business plan.

article thumbnail

8 Steps to Starting Your Own Business

Up and Running

List brokers sell mailing or email lists based on demographic attributes. Instead, your plan can follow a Lean Planning process that involves creating a pitch , forecasting your key business numbers, outlining key milestones you hope to achieve, and regular progress checks where you review and revise your plan. Commercial (banks).