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

YoungUpstarts

The odds were always difficult for small businesses even before the pandemic. According to the numbers published by the Small Business Administration in 2018, 20% of these enterprises fail in their first year. You can, however, make sure you do your part in keeping your employees and yourself safe from the disease.

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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

The size standards are different for each industry and are defined by the government body established to oversee such matters. Generally, the size is based on the number of employees and annual receipts for a given period. What you need depends on your location, business activities, industry, and government rules.

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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

However, the challenges you face are the same ones that every successful small business owner has faced and then surmounted in some way or another. It can be instructive and inspirational to hear about businesses that triumphed over adversity. How these six businesses worked with the SBA to grow.

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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. Knowing the culture in any business is important to ensure the long term health of the business.

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How to Get the Most Out of Your Business Plan Writing Service

Up and Running

Having the answers ready (even if you jot them down on a napkin or just lock them in your mental vault until they’re needed) will not only smooth the business planning process, it will help put you in the driver’s seat so you’re confident about the finished product. Who are you? Target market. Do you need funding?

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How to Start a Business: A Step-by-Step Complete Guide (2019)

crowdSPRING Blog

This is the most complete guide online on how to start a business in 2019. You should know that about two-thirds of businesses with employees survive 2 years and about half survive only five years. Businesses that survive and thrive have an unfair advantage. Who am I providing a service or product to? Find a niche.

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How to Start a Successful Photography Business: The Complete 10 Step Guide (2019)

crowdSPRING Blog

What is the purpose of my business? Who am I providing a service or product to? What is the maximum figure I can safely spend on this business? Make sure you build your business to meet the needs of a specific niche to avoid overspending and underwhelming all of your potential customers. Do I need outside capital?