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How to Get Funding for a Business

Up and Running

Most healthy businesses need business financing at some point. Startups have to deal with starting costs and ongoing businesses have to finance growth and working capital. Financing options depend on what kind of business you have. Small business financing myths. Commercial lenders.

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28 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Starting a business is the hardest thing you will ever do. But for some, the benefits are better than the cost. Response to this low cost alternative to traditional housing has been nothing short of stellar. in December of 2004 with just our one little product, and by the end of 2005 we had sold 1 million Finders Key Purse(r).

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30 Entrepreneurs Share How They Prepare for a Bad Economy

Hearpreneur

During such times a firm should take measures that have historically been thought to safeguard it, such as cutting costs, lowering goals, and keeping an eye on cash flow to weather the impending storm. If possible, settle debts before being subject to inflationary costs for your business. 2- Create an emergency fund.

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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

S corp vs. C corp – “qualified small business stock” . Rule #2 : do not pay “finder’s fees”/commissions unless the finder is a registered “broker-dealer”. iii) VC’s typically don’t invest in pass-through entities; (iv) more costly and complicated on an ongoing basis. Mistake #2: Not Buttoning-Down IP Ownership Issues.

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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

i) Rule 506 preempts State law, which means all you have to do is file a Form D and pay a filing fee; and (ii) no disclosure requirement/PPM Possible to sell to “friends and family” (e.g., issues to address include: How have they treated their other portfolio companies?

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21 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Thanks to Nick Edwards, Snow Finders ! #3- He started his business journey in his family garage, and in just a few years, he accomplished to produce the fastest electric car in the world. John has invested in various small businesses and served as a mentor and branding authority since his beginnings in 1992.

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SCORE Member’s Inside Advice on Using SCORE

Up and Running

The name stands for “Service Corp of Retired Executives,” a volunteer organization, funded by the Small Business Administration, offering free counseling and related help to entrepreneurs and small businesses in the United States. You can get local contact information at this SCORE location finder page.

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