article thumbnail

6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

How these six businesses worked with the SBA to grow. The Small Business Administration (SBA) is a federal agency that supports the US economy by aiding small businesses, including offering loans and grants as well as free education, assistance, and other resources. iRobot — From robots to riches.

Columbus 134
article thumbnail

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

YoungUpstarts

You can, however, make sure you do your part in keeping your employees and yourself safe from the disease. During this time, it’s also important to safeguard the morale of your employees. According to NBC News, companies with fewer than 500 employees may apply for forgivable loans of up to $10 million.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Is It Time to Hire an Employee?

Up and Running

It could be time to hire some help. If you own your own business and find that you simply don’t have enough time on your hands to be able to do all the things you need to do, you may be asking yourself should you hire an employee? . A new employee can breathe new life into your business and generate new ideas.

Hiring 99
article thumbnail

Find Your Ideal Job And Build Your Dream Business

YoungUpstarts

The truth is that you can have both and I strongly encourage aspiring employee-preneurs to review the following five reasons to consider maintaining your job in the first few years of building your business. Business Ownership Strengthens Your Employee Net Worth. Learning from Both Work Environments.

article thumbnail

Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

What criteria will you use in hiring staff? What employee childcare discount will you offer? List an advisory board if you have one, list all employee salaries, incentives, referral bonuses for recruiting, and all such details. If you buy a business, an SBA loan can also be a possibility. What’s your curriculum based on?

article thumbnail

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

crowdSPRING Blog

You should know that about two-thirds of businesses with employees survive 2 years and about half survive only five years. Your business location, facilities, equipment, and what kind of employees you’ll need are in this section. You can find a full list of the forms for each type of entity on the SBA website.

article thumbnail

How to Start a Cleaning Business

Up and Running

The people that hire you are taking you into their trust. If you do hire employees, they will also need these characteristics: Trustworthiness. Will you do everything yourself or hire employees? And your employees? If taking out a loan is an option you’re interested in, speak with the SBA.

SBA 60