Remove Forecast Remove Government Remove Sales Remove SBA
article thumbnail

How to Write an SBA Business Plan — SBA Template and Checklist

Up and Running

Applying for an SBA loan for your business requires preparation. For most SBA loans, you’ll need to put together a business plan—one that shows how funds will be used and how the business will repay the loan over time. Here’s what you need to know about SBA business plans and how you can maximize your chances for approval.

SBA 79
article thumbnail

How to Manage Cash Flow in a Crisis

Up and Running

Acknowledging a continued decline in sales and the need to lower expenses is obvious. If you don’t already know your cash flow like the back of your hand, I suggest you read Cash Flow 101 , the difference between cash and profits , how to forecast cash flow , and how to understand your cash flow statement. .

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 Basics of Small Business Loans [WEBINAR]

Up and Running

As I’ve been working in this industry, as Sabrina started out said, I was the Chief Marketing officer of CAN Capital which is a big alternative lender and now I’m the Vice President of SmartBiz SBA Loans. The third here for startups is the SBA. The SBA will provide loans to new businesses. Who might qualify for an SBA 7A loan?

article thumbnail

Practical Market Research Resources for Entrepreneurs

Up and Running

Government information. Federal, state and local government reports. Small Business Administration – SBA. The industry-specific (based on SIC code) reports tell you how many companies there are, average sales, and employees. Much of it is entirely free. Much of it is available to search on the Internet.

article thumbnail

Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

Will you offer discounts, or accept government-subsidized or reduced payments from lower-income parents? Having a solid marketing plan will help you get clear on your sales strategy. That said, loans through the SBA can be standalone based on the viability of your business plan, so I recommend looking into them. Projected costs.

article thumbnail

The Importance of Burn Rate and Cash Runway

Up and Running

This is where forecasting and budgeting are crucial for the survival of your business. You’ll need to create multiple sales forecasts and expense budgets to explore different scenarios. Encourage cash sales: If you can get more customers to pay in cash vs invoicing them, you’ll end up with more cash on hand, faster.

Burn Rate 100
article thumbnail

Business 2015 - Optimism, But Upgrade Your Strategy

Startup Professionals Musings

Fight for More Government and Policy Support: Small businesses now believe they have played a key role in the U.S. economic recovery, but in spite of, rather than assisted by, support from the federal government. You can join the fight for action, particularly for even higher Small Business Administration (SBA) loan limits.