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Vital Tips For Small Businesses And Entrepreneurs During Covid-19  

YoungUpstarts

by Wayne Titus, author of “ The Entrepreneur’s Guide to Financial Well-Being “ Entrepreneurs and small business leaders are trying to figure out how to navigate COVID-19, from how to apply for loans and assistance to FMLA regulations. How can entrepreneurs work their plan and consult their advisers for assistance?

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Encore Entrepreneur Is The New Baby Boomer Lifestyle

Startup Professionals Musings

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. With longer life expectancies and greater health in later life, older generations are moving to start new firms -- and mentor young entrepreneurs.

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The 10 Best Sources of Cash to Start Your Business

Startup Professionals Musings

If your company needs only a temporary or small infusion of cash, you should try for an SBA loan, or a bank line of credit. Find a customer who would benefit greatly from getting your product first, and be willing to advance you the cost of development. Related sources include local business development agencies.

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How to Get Funding for a Business

Up and Running

Startups have to deal with starting costs and ongoing businesses have to finance growth and working capital. The rare exception is a special case, in which investors know an entrepreneur well and are ready to invest in them at an early stage. In that case, they are investing in the entrepreneur, not the plan. . You should.

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The 5 Hidden Secrets Of Online Lenders

YoungUpstarts

However, entrepreneurs need to look beyond the bells and whistles of online lenders and dig deeper to find the best deal. Here are five crucial areas for an entrepreneur to explore before they sign on the dotted line: 1. Total loan costs can be misrepresented. Additionally, remember factor rates don’t equal APR’s.

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8 Key Ingredients to a Profitable Consulting Business

Startup Professionals Musings

Most of the guidance you see for entrepreneurs is aimed at those who are selling a product (Apple, Tesla, Xiaomi), or selling a service (Uber, Airbnb, Snapchat). The “product” value is difficult to quantify, the costs are nebulous, and entrepreneurs have to clone themselves to scale the business.

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Ten Top Funding Sources for Startups

Startup Professionals Musings

If your company needs only a temporary or small infusion of cash, you should try for an SBA loan, or a bank line of credit. Find a customer who would benefit greatly from getting your product first, and be willing to advance you the cost of development. Tags: entrepreneurs startups funding sources business.