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Circular Advice from the SBA

VC Adventure

As I wrote about at the beginning of the week, the SBA has made a mess of the Payroll Protection Program. Yes, there are some challenges to parts of the structure of the program , but I was referring in that post to the SBAs implementation of the program and the varied guidance they’ve given since the program’s launch.

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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. I’m going to start with what’s a lean business plan.

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How to Write an Executive Summary

Up and Running

With business plans for internal use and Lean Plans, nobody expects one. the federal Small Business Administration (SBA) has programs that work with local business banks to guarantee some of the riskier small business loans to making borrowed money available to startups and small business. Small Business Administration (SBA).

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What Type of Business Plan Do I Need?

Up and Running

We get this question a lot, mainly because there are so many different things labelled as business plans: strategic plans, annual plans, operational plans, feasibility plans, and, of course, what most people think of, business plans for startups seeking investment. All businesses start with a lean plan. Manage cash flow. Startup plan.

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How to Start a Cleaning Business

Up and Running

There aren’t that many hurdles or license requirements compared to other operations. In this guide, you’ll get a better sense of the industry, what skills you should develop in order to be successful in it, and how to go about starting your own operation. To learn more about SBA loans, see our Complete Guide to SBA Loans.

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

Up and Running

It’s not uncommon for many business owners to rely on informal plans or Lean Planning to map out the future of their business. For most businesses, that’s a pretty tall order, but anything below 1:1, should be a big red warning flag that your business doesn’t have adequate cash flow to maintain business operations.

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8 Alternative Funding Options for Small Businesses

Up and Running

SBA and small business lending funds, for example, act as alternatives to typical bank loans. . If you’re pursuing a grant, government and SBA options are likely the most common but difficult routes to go. It encourages lean operations and can help you avoid taking out too much funding early on. Traditional loans.