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8 Things You Need To Start a Business During a Recession

Up and Running

Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway. There’s a great amount of uncertainty, people losing their jobs, and a direct hit on cash flows that can place businesses in dire straights.

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Tips for Writing a Successful Business Plan for a Daycare Center

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This description should basically be an elevator pitch for potential partners and business investors to get excited about what you’re offering and your unique location, philosophy, and approach. What are the details of your ownership structure, board of directors, investor list, partners, and so on? What’s your curriculum based on?

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The Basics of Small Business Loans [WEBINAR]

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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. They’re a great partner of ours, for the most part have been doing a lot for free for startups to give them access to angel investment.

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What Type of Business Plan Do I Need?

Up and Running

It’s a short, effective collection of bullet points, lists, and forecasts, covering all of the functions above: It starts with bullet points for strategy. That’s sales forecast, spending budget, and cash flow. A plan for the SBA, banks, investors, buyers, and partners. Track results and compare them to expectations.

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8 Steps to Starting Your Own Business

Up and Running

While you might use your business plan as part of your pitch to investors and banks , and to attract potential partners and board members, you will primarily use it to define your strategy , tactics, and specific activities for execution, including key milestones, deadlines and budgets, and cash flow. No two businesses are the same!

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How to Balance Cash Flow in a Seasonal Business

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Nurture forecasting. Seasonality makes forecasting more important than ever. A good cash flow forecast will help with analysis of funds available and costs throughout the year. Develop monthly sales, spending, and cash flow forecasts. Maintain your forecasts with monthly review and revisions.

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Working for Equity Instead of Cash

genylabs.typepad.com

Tracking and Forecasting the Trends Impacting the Future of Small Business. Steve and Carolyn are partners at Emergent Research and Senior Fellows at the Society for New Communications Research. SBA: Small Business Administration Office of Advocacys Home Page. Lessons from a Failed Forecast. Small Business Labs.

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