Remove Employee Remove Finance Remove Small Business Remove Small Business Administration
article thumbnail

13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . Let’s take that innovative new business idea and walk through all the requirements you need to consider to successfully start a business that’s legally recognized.

article thumbnail

4 Reasons Small Businesses Fail

YoungUpstarts

Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is that too many of them fail. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year. Small Business Administration. LendingClub Inc. ,

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Latest Questions Small Businesses Are Asking

Up and Running

Are there enough customers willing to buy your products, often enough, at a profitable price that your business can pay all expenses and provide a decent living wage to owners? If not, the business idea is not feasible. What is meant by “company culture” and how is it important to my business? Look for common employee behaviors.

article thumbnail

Top Business Financing Options for Small Businesses

crowdSPRING Blog

More than 60% of small businesses struggle with cash flow issues. As a result, nearly a third of all small business owners struggle to pay vendors, employees, or themselves. In fact, cash flow issues and running out of cash are two of the top reasons small businesses fail.

Finance 79
article thumbnail

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

The Startup Magazine

One such program is the Employee Retention Credit (ERC). The ERC is a tax credit available to employers with 100 or fewer employees. Under this program, businesses can receive up to $5,000 per employee in 2020 and 2021 for maintaining their payroll during the pandemic. Small Business Loans. Final Thoughts.

Global 158
article thumbnail

5 Free Platforms Entrepreneurs Should Be Using To Manage And Streamline Their Business

YoungUpstarts

Now that you have your business up and running you must sustain and grow it, but how do you do that? There are many helpful resources for budding entrepreneurs and small business owners and my first recommendation is to start with the U.S. Wave is a free, cloud-based tool specifically designed for small businesses.

article thumbnail

Vlad Rigenco’s Tips for Launching a Successful Startup

The Startup Magazine

It is likely that you already have an idea for your small business, but if you don’t, it is wise to look into the market needs in your community and in the world at large. You should put your business through a validation process to make sure that it is viable. Decide on Your Business Structure. A Great Idea.