article thumbnail

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.

SBA 83
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. I’m going to start with what’s a lean business plan.

Lean 60
Insiders

Sign Up for our Newsletter

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

article thumbnail

8 Things You Need To Start a Business During a Recession

Up and Running

By leveraging a lean planning system, starting a business during a downturn can potentially help you capitalize on a weaker economy and avoid many of the difficulties affecting current businesses. They’re surviving and finding ways to thrive, but for those looking to start a business, now may be one of the best times to do so. .

article thumbnail

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).

article thumbnail

A Standard Business Plan Outline [Updated for 2017]

Up and Running

If you don’t have a specific immediate need to show a formal business plan to a banker or investor, then you are probably better off doing just a lean business plan , for your internal use only. Listen to Tim Berry discuss lean business planning: Click here to subscribe to The Bcast on iTunes ». Small Business Administration (SBA).

article thumbnail

What Type of Business Plan Do I Need?

Up and Running

And also, what real business owners want—lean business plans for better management. All businesses start with a lean plan. So, every business is better off with a lean plan. Make this the lean plan and add a regular process of review and revision to keep it fresh. That is what we call lean business planning.

article thumbnail

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

Up and Running

One exception to the rule is that the federal Small Business Administration (SBA) has programs that guarantee some portion of startup costs for new businesses so banks can lend them money with the government, reducing the banks’ risk. See Also The Complete Guide to SBA Loans. Collateral. Business plan.