Remove Finance Remove Lean Remove SBA Remove Small Business
article thumbnail

Survival Mode: Small Businesses Strategies To Weather The Coronavirus Pandemic

YoungUpstarts

While the coronavirus pandemic and the massive economic disruption caused by the broad shutdowns and mandates for social distancing have hurt all manner of companies, startups and other small businesses are shouldering the worst of the pain and uncertainty. Have you gone over all of your finances to determine what you can eliminate?

article thumbnail

8 Alternative Funding Options for Small Businesses

Up and Running

Simply put, alternative funding is gaining financing for your company outside of traditional bank loans to gain capital. To help you find the best funding to fit your needs, read on for the top 8 alternative financing options. SBA and small business lending funds, for example, act as alternatives to typical bank loans. .

Insiders

Sign Up for our Newsletter

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

article thumbnail

Lean Business Planning with Tim Berry [VIDEO]

Up and Running

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. That’s a lean business plan.

Lean 60
article thumbnail

Do You Know How Your Business Is Doing and Where It’s Going?

Up and Running

Whether you’re simply trying to scale your business or seeking equity investment, having a plan is key. . Recently, Barbara Corcoran , entrepreneur and Shark Tank judge, shared some of her insights on small business. Regular planning helps businesses to take advantage of opportunities within their markets.

Metrics 128
article thumbnail

10 Things the Bank Will Ask When You Need a Business Loan

Up and Running

I was really disappointed when I needed my company’s first commercial bank loan to finance receivables of more than $1 million—from well-known distributors no less—and we ended up having to sign a lien on our family home to get the loan. So your business has to have hard assets it can pledge to back up a business loan.

article thumbnail

8 Steps to Starting Your Own Business

Up and Running

If you will be seeking outside financing, a business plan is a necessity. But, even if you are going to finance the venture yourself, a business plan will help you figure out how much money you will need to get started, what it will take to make your business profitable, what needs to get done when, and where you are headed.

article thumbnail

Extending and Expanding Aid – Some Policy Ideas

VC Adventure

I leaned on a number of people for their advice to come up with what I describe in more detail below. – Consider a separate loan program for very small businesses (fewer than 10 or 20 employees) that’s based on a revenue formula and so long as they use the funds for current expenses (i.e., million.

SBIR 105