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4 Ways To Improve Your Business Credit Profile

YoungUpstarts

According to data from the National Small Business Association, more than 70 percent of small businesses seek financing. And more than a third of companies who have been in business for at least two years that apply for a loan get denied, as stated by recent data from the Federal Reserve. Keep Your Debt Load Low.

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Why Google Data Studio Is an Essential Tool for Small Businesses

Up and Running

Are you looking to grow the online presence of your small business? Administrative tasks are typically not fun or easy. However, if you ignore the data, you may be missing critical pieces of information that will keep your business back. Here’s why Google Data Studio is a must-have tool for your small business.

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A Standard Business Plan Outline [Updated for 2017]

Up and Running

You’ll want to cover the technology you plan on using, your business location and other facilities, special equipment you might need, and your roadmap for getting your business up and running. Finally, you’ll want to outline the key metrics you’ll be tracking to make sure your business is headed in the right direction.

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4 Smart Ways To Save On Marketing Expenses

YoungUpstarts

For businesses that earn less than $5 million annually in sales, the US Small Business Administration (SBA) recommends allocating six to seven percent of the revenue. Irrespective of the nature of your business, a keyway to save money is to get suitable business insurances. Ways to save marketing expenses.

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57 Resources to Help You Celebrate National Small Business Week 2016

Up and Running

This year, National Small Business Week (NSBW) is May 1 to May 7. At Bplans, we’re happy to participate in National Small Business Week by giving you access to the best resources and advice we have for small businesses and startups. From the small business toolkit: Bplans Loan Finder.

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8 Steps to Starting Your Own Business

Up and Running

If you do need to write a formal business plan document, you should follow the outline below. The standard business plan includes nine parts: The Executive Summary. Milestones and Metrics. But, most small businesses begin with a loan , financing from credit cards, help from friends and family, and so on.

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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. So your business has to have hard assets it can pledge to back up a business loan.