YoungUpstarts

JULY 30, 2019

In most positions you rarely get the opportunity to experience the functions associated with the roles of a Chief Executive Officer, Chief Financial Officer, and Chief Marketing Officer, as well as manage the day-to-day requirements for customer engagement and retention. This may actually be a recipe for disaster.

Small Business Administration 140

Small Business Administration SBA Portfolio Small Business 140

YoungUpstarts

APRIL 15, 2019

Once you’ve decided which overall business structure is the right fit for you, we recommend that you write a business plan. For more information about how to create a business plan, the Small Business Administration has you covered. What can customers get from my beer that they can’t get anywhere else?

Small Business Administration 39

Small Business Administration Design Distribution LLC 39

YoungUpstarts

MARCH 19, 2019

Here’s a terrific guide on how to start a successful consulting business. That passion will come through in everything you do, and your customers will appreciate and embrace the authenticity of your brand. Write a business plan. A business plan can help you to crystallize your ideas. There are always unexpected hurdles.

Small Business Administration 145

Small Business Administration Business Plan Design Hiring 145

YoungUpstarts

FEBRUARY 26, 2015

Here are four of the top reasons small businesses fail within the first year: 1. An amazing idea or product just isn’t enough to start a small business anymore. Without sufficient funds, opening doors to customers is impossible, and many small business owners underestimate the amount of money it takes.

Small Business 100

Small Business Small Business Administration SBA Non-Compete 100

Up and Running

SEPTEMBER 11, 2014

Green House Data, a cloud hosting and data center services company with a focus on sustainability and customer service, suggests looking for state incentives. Other funding options that worked for companies. Turn to your state. Department of Agriculture. How did you get funding?

Cofounder 137

Cofounder Green Small Business Administration Business Plan 137

Up and Running

JULY 28, 2022

Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500. Determining the type of employees you have impacts the type of rights they have and taxation requirements for your business.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

Up and Running

NOVEMBER 26, 2018

A well-written and convincing business plan (and pitch ) presents your business to investors in detail; but they are investing in your business, not just a plan. Normally you have to have a team in place, have made progress toward idea validation , or—better still—traction (paying customers).

SBA 161

SBA Venture Capital Angel Investor Technical Review 161

YoungUpstarts

MAY 7, 2020

But I would also recommend working with your Small Business Administration (SBA) lender, if you have one, to ensure that you have the right information needed to apply. Many are prioritizing their customers over random applicants.

Small Business 147

Small Business SBA Entrepreneur Software Review 147

Up and Running

OCTOBER 3, 2017

It’s also the doorway to your plan—after looking over your executive summary, your target reader is either going to throw your business plan away or keep reading, so you’d better get it just right. Summarize the problem you are solving for customers, your solution, the target market, the founding team, and financial forecast highlights.

Business Plan 134

Business Plan Balance Sheet Forecast Lean 134

YoungUpstarts

DECEMBER 7, 2017

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

Cost Developer Small Business Administration Marketing 100

Up and Running

OCTOBER 21, 2014

The fact that you can get funding, market validation and customers in 30 days in incredible.” “My business partner and I opened a vape shop / e-cigarette store, The Vintage Vaporium, on May 1st of this year. Our funding ended up coming out of my business partner’s kitchen remodel fund.” and woke up at 7:00.

Cofounder 145

Cofounder Entrepreneur Technical Cofounder Technical Review 145

YoungUpstarts

JULY 15, 2015

We needed custom blankets for a client, and when we saw a pile of thermal pizza delivery bags, we were inspired to back our fleece blankets with pizza bag lining for an insulated prototype. Fast-forward a few years, and MyLocker.net now sells customized gear all over the nation out of our Detroit headquarters.

Employee 100

Employee Detroit Michigan Small Business Administration 100

Up and Running

JUNE 23, 2022

Back to the fundamentals—sell more, sell more in cash than on credit, sell off unused or old inventory, and coax your customers to pay their invoices more quickly. I worked with a chain of computer stores that held a big inventory promotion to turn inventory into cash; and offered special upgrades and training to all existing customers.

SBA 163

SBA Finance Balance Sheet Technical Review 163

Up and Running

MAY 16, 2017

The details within those pages will remind you of the spending strategy you outlined to get your business off the ground. According to 2016 statistics published by the Small Business Administration (SBA) , only about 78 percent of small business startups survive the first year, and only half make it to the five year point.

Technical Review 82

Technical Review SBA Small Business Administration Software Review 82

Up and Running

OCTOBER 30, 2017

How easy is it (and how much will it cost you) to acquire a customer? It means that the market for your product or service already exists, so you know that you have potential customers who are willing to spend money on your product or service. Small Business Administration (SBA) Loans. Commercial (banks).

Venture Capital 166

Venture Capital Business Plan Limited Liability Company Finance 166

Startup Professionals Musings

AUGUST 29, 2020

In the US, you may find that the Small Business Administration (SBA) can get you infusions of cash without normal backup requirements. Negotiate an advance from a strategic partner or customer. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Equity 436

Equity Small Business Administration SBA Syndication 436

Up and Running

AUGUST 29, 2014

Primary market research consists of interviewing or surveying potential customers on their preferences and ability to purchase. Secondary market research consists of gathering information that is already available regarding the target customer group such as demographic data available through the U. Census Bureau.

Small Business 87

Small Business CPA Government North America 87

YoungUpstarts

OCTOBER 16, 2016

In business, growth is a big deal, especially when you think about this: Most businesses cease operations and shutter their doors before ever really hitting their stride. Based on data from the Small Business Administration , merely half of all businesses are still active five years after opening.

Cofounder 100

Cofounder Balance Sheet Small Business Administration Technical Review 100

crowdSPRING Blog

FEBRUARY 11, 2019

A sole proprietorship is the “most basic type of business to establish” according to the SBA (Small Business Administration). You are the sole owner of the business; and, as such, are solely responsible for the assets and liabilities accrued by the business. Sole proprietorship or LLC? Build a Web Presence.

Small Business Administration 86

Small Business Administration Small Business Social Media Elevator Pitch 86

Startup Professionals Musings

SEPTEMBER 11, 2020

Most of these are non-profits, set up by a university to commercialize new technologies, or a municipality to foster business development for the local economy. A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give.

Incubator 398

Incubator Silicon Valley North America Startup 398

crowdSPRING Blog

FEBRUARY 14, 2019

Don’t make the expensive mistake of trying to create a business geared toward too broad an audience. Make sure you build your business to meet the needs of a specific niche to avoid overspending and underwhelming all of your potential customers. NOT SATISFIED WITH THE GROWTH OF YOUR BUSINESS? Do market research.

Angel Investor 85

Angel Investor Small Business Business Plan Intellectual Property 85

Up and Running

OCTOBER 1, 2014

Review sales reports and any available information about your customers (such as income or age). Organizations such as the Small Business Administration (SBA) or America’s Small Business Development Center (ASBDC) provide both free and low cost consulting, seminars, training, and resources.

Marketing 88

Marketing Technical Review Small Business Administration SBA 88

YoungUpstarts

FEBRUARY 26, 2016

Owners with corporate backgrounds like the fact that they’re still allowed to run the business, but have some level of corporate structure to rely on. The Pros and Cons of Franchising Compared to the Traditional Business Model. There are two main reasons why businesses typically fail — lack of capital and poor planning.

Small Business Administration 100

Small Business Administration SBA Business Model Small Business 100

crowdSPRING Blog

MARCH 26, 2019

We recommend that you write a business plan. For more information about how to create a business plan, the Small Business Administration has you covered. Click here to see their complete guide to writing a business plan. What can customers get from my beer that they can’t get anywhere else?

Small Business Administration 94

Small Business Administration LLC Distribution Small Business 94

Up and Running

NOVEMBER 8, 2017

The ability to use what’s available and at-hand is an essential skill set for entrepreneurs, who must continuously find ways to stretch resources, improve products, and attract customers. These programs can provide veteran-owned certified businesses with competitive advantages when bidding on federal and state contracts.

SBA 93

SBA New York Small Business Administration United States 93

Startup Professionals Musings

OCTOBER 16, 2020

Too many of you business owners think success only means being the next Amazon, or you stress yourself out trying to be everything to every customer. One of the most useful tools for any small business is Excel or Google spreadsheets, for monthly profit-loss statements and operational tracking.

Intellectual Property 313

Intellectual Property Small Business Administration Bootstrapping Differentiation 313

Startup Professionals Musings

NOVEMBER 6, 2020

According to recent statistics from the Small Business Administration (SBA), this approach still accounts for 99 percent the businesses out there today. If your passion is customers, you definitely will be happier as a lifestyle entrepreneur. Lifestyle businesses offer personal tax advantages.

Small Business 311

Small Business Small Business Administration SBA Equity 311

Up and Running

MAY 9, 2018

Knowing how big you see your company becoming in the next few months (and even years) will drive key parts of your business plan. Who do you think your core customer or clientele truly is? Will you be working with the Small Business Administration , or buying a franchise ? Target market. Be specific.

Business Plan 71

Business Plan SBA Software Review Small Business Administration 71

Tim Keane

MARCH 9, 2011

Business success is the ultimate goal. But, what constitutes success for the parties involved – investors, entrepreneurs, employees, and customers – can vary dramatically.   If plenty of cash flow regardless of plan for sale/retention of business: Senior bank debt based on cash flow coverage and new assets. 

Finance 83

Finance Bootstrapping Startup Equity 83

crowdSPRING Blog

JULY 6, 2017

It follows, then, that having a message that resonates with these consumers, and staying authentic to that message, is one of the few ways to break into the cutthroat fashion industry as a small brand… So, before you sketch your first rendering, ask yourself these important questions: What identity do I want my clothing brand to project?

Small Business Administration 48

Small Business Administration Social Media LLC Technical Review 48

Up and Running

MAY 21, 2015

Primary market research may result from you having direct contact with your customers or the public. This may be through the following types of information gathering: Focus groups gather a small group of people together for a discussion with an assigned leader. Customer surveys. Existing customers. Potential customers.

Marketing 60

Marketing Entrepreneur Software Review Widget 60

crowdSPRING Blog

MARCH 14, 2019

Make sure you set up your real estate business to meet the needs of a specific niche to avoid overspending and underwhelming all of your potential customers. NOT SATISFIED WITH THE GROWTH OF YOUR BUSINESS? Write a business plan. Although a business plan isn’t mandatory, it can help you to crystallize your ideas.

Business Plan 79

Business Plan Limited Liability Company Small Business Sales 79

Up and Running

AUGUST 30, 2017

For detailed information on the size of your primary market, there are helpful resources such as this market research guide from the US Small Business Administration. There’s no one way to do this, but I recommend thinking specifically about who your customer base is and marketing accordingly. Who is your target market ?

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

Hearpreneur

FEBRUARY 8, 2023

As an entrepreneur, joining organizations or networking groups can allow you to connect with like-minded people who can provide you with information and support, and refer customers to you. One of the best ways to promote your business and increase its name recognition is by joining business organizations and/or communities or associations.

Community 117

Community Architecture Entrepreneur Networking 117

Up and Running

MAY 15, 2019

Where in your area will you find land or a building with the right zoning, size, facilities, and access for bringing in raw materials, attracting customers, and/or shipping out finished beer for distribution? Know your customers and your financials. Step 4: Building relationships with vendors and the local community.

Oregon 24

Oregon Jordan Software Review Distribution 24

Startup Professionals Musings

OCTOBER 12, 2014

In the US, you may find that the Small Business Administration (SBA) can get you infusions of cash without normal backup requirements. Negotiate an advance from a strategic partner or customer. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Entrepreneur 283

Entrepreneur Startup Equity Small Business Administration 283

mashable.com

OCTOBER 27, 2010

Topics are divided into IT, marketing, sales, finance, customer service, operations and human resources sections, which makes it easy to search for the latest discussions on your interest area. MicroMentor Q&A has its value, but a deeper one-on-one relationship with a seasoned businessperson can be a greater asset to your business.

Entrepreneur 94

Entrepreneur Social Media Technical Review Social Network 94