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Practical Market Research Resources for Entrepreneurs

Up and Running

Small Business Administration – SBA. Small Business Development Center – SBDC. Census Cendata: This page has a menu of available reports that include reports on different manufacturing industries, county-specific economic surveys, business patterns for a specific ZIP code and others.

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6 Reasons Your Small Business Will Fail (And How to Avoid Them)

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According to Small Business Administration research , only half of new businesses survive for the first five years and only one-third of new businesses are able to survive for 10 years. We can also conclude that about 65% of new businesses don’t make it to the ten-year mark.

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28 Entrepreneurs Reveal the Organization, Communities or Associations they Belong to That Help Support Their Business

Hearpreneur

You can also find financial forecast discussions between the experts analyzing the pros and cons precisely. 4- Through local organizations Photo Credit: Luke Fitzpatrick As a CEO of a small business, I aim to support and be involved in local organizations, communities, and associations that can help my mission. #6-

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Tips for Writing a Successful Business Plan for a Daycare Center

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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. In addition to analyzing your market, note your pricing structure, gross margin levels, and other nuts and bolts of your business model. Projected costs.

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10 Qualities of a Good Business Plan Explained

Up and Running

According to the United States Small Business Administration, there are approximately 32.5 million small businesses at the moment. The number fluctuates from year to year with businesses coming and going. A business plan does far more than help secure venture capital when you’re starting out.

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How to Balance Cash Flow in a Seasonal Business

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Techniques for managing cash flow in a seasonal business. Most seasonal business owners employ one or more of these classic techniques: Find alternative business options for the slower part of the year. Hire employees only during the busy times and lay them off when the season ends. Nurture forecasting.

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Business 2011 - Optimism, But Heed the Lessons

Startup Professionals Musings

Small businesses now believe they have played a key role in the U.S. Still, they are fighting for action, particularly in the area of higher Small Business Administration (SBA) loan limits. These initiatives, in concert with current findings, support economists’ forecast that the U.S. One out of two U.S.