article thumbnail

4 Ways To Improve Your Business Credit Profile

YoungUpstarts

The three major business credit bureaus include FICO Small Business Scoring Service (SBSS), which is the only one used by the U.S. Small Business Administration; Dun and Bradstreet (D&B) PAYDEX, and Experian Intelliscore. Small Business Administration, a lack of steady cash flow is the No.1

article thumbnail

5 Tips for Starting a Successful Clothing Brand: The Definitive Guide (2018)

crowdSPRING Blog

Here is a step-by-step comprehensive guide with our top 5 business tips for starting a successful clothing brand or clothing line. Fill in the business blanks. Create a sales plan. You are the sole owner of the business; and, as such, are solely responsible for the assets and liabilities accrued by the business.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Free Platforms Entrepreneurs Should Be Using To Manage And Streamline Their Business

YoungUpstarts

Now that you have your business up and running you must sustain and grow it, but how do you do that? There are many helpful resources for budding entrepreneurs and small business owners and my first recommendation is to start with the U.S. Getting into the e-commerce game with Magento.

article thumbnail

9 Steps to Handle Business Loan Rejection

Up and Running

Don’t forget that many of these ratios have similar drivers, such as capital, sales on credit, accounts receivable, inventory, payment patterns, etc. Check out how you can improve vital financial ratios for your business. Maybe you have a big promotion to spark new sales or offer a discount for paying on time.

SBA 163
article thumbnail

How To Start A New Business

YoungUpstarts

Are you an expert in short sales? Barry Moltz , a small business expert, speaker, and author, tells us that: The business never turns out exactly as it seems when you get started. The biggest ones are typically a sales pipeline, people, cash and productivity. Real Estate – Are you a brokerage catering to retirees?

article thumbnail

6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

However, the challenges you face are the same ones that every successful small business owner has faced and then surmounted in some way or another. It can be instructive and inspirational to hear about businesses that triumphed over adversity. How these six businesses worked with the SBA to grow.

Columbus 134
article thumbnail

5 Ways Startups Can Reduce Development Costs & Shorten Time To Market

YoungUpstarts

According to the Small Business Administration , just one in two businesses with employees survives to see its fifth anniversary. By the 10-year mark, fewer than 30% of businesses with employees remain viable. Surprisingly, macroeconomic trends have minimal impact on long-term business survival rates.

Cost 100