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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500. However, the five general types of business taxes are income, estimated, employment, excise, and self-employment.

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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. Getting into the e-commerce game with Magento.

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How to Qualify for Funding Your Small Business

The Startup Magazine

Are you trying to get the financing your business needs to become a sustainable company and grow its customer base? Some financial institutions are still playing by the old rules and making it hard for small businesses to get small business loans or other forms of financing.

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4 Reasons Small Businesses Fail

YoungUpstarts

There are four main reasons small businesses seek financing : startup costs, inventory purchases, business expansion, or business fortification. Fortunately, in 2015, loans to small businesses are expected to increase; great news for small businesses searching for capital.

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

Up and Running

The details within those pages will remind you of the spending strategy you outlined to get your business off the ground. 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.

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How to Avoid Using Personal Funds to Address Your Business’s Financial Challenges in 2021

Up and Running

You’ve probably heard not to mix business with pleasure, but did you know combining business and personal finances can be equally damaging? While dipping into your personal account may seem like a logical solution if your business is short on cash, it can backfire in multiple ways. Consolidate your business loans.

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8 Steps to Starting Your Own Business

Up and Running

If you’re selling enterprise software, this may require a significantly larger investment than a coffee shop. If you will be seeking outside financing, a business plan is a necessity. Depending on the size and goals of your venture, you may need to seek financing from an “angel” investor or from a venture capital firm.