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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

The odds were always difficult for small businesses even before the pandemic. According to the numbers published by the Small Business Administration in 2018, 20% of these enterprises fail in their first year. You can, however, make sure you do your part in keeping your employees and yourself safe from the disease.

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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

There is so much confusion and misinformation out there about the government sponsored “payroll protection plan” loans to companies that the heads of every small business CEO in the country must be spinning. 350 billion of this money is dedicated to small businesses under a loan program called the PPP (payroll protection plan).

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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

The size standards are different for each industry and are defined by the government body established to oversee such matters. Generally, the size is based on the number of employees and annual receipts for a given period. What you need depends on your location, business activities, industry, and government rules.

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How To Start Your Own Craft Beer Business

YoungUpstarts

For more information about how to create a business plan, the Small Business Administration has you covered. The alcohol industry is governed at both the federal and state level. It’s important that you know and abide by all existing federal laws governing beer and alcohol. Vendor and employee agreements.

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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.

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Vital Tips For Small Businesses And Entrepreneurs During Covid-19  

YoungUpstarts

Businesses can also use the money to pay interest on mortgages, rent and utilities. The great news about this program is that the loan will be forgiven if it’s used in this manner, so if you’ve already let your employees go, you can bring them back and pay them using this money.

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The Latest Questions Small Businesses Are Asking

Up and Running

Company culture is defined as the shared values, beliefs and practices of company employees including management. Knowing the culture in any business is important to ensure the long term health of the business. How can a business owner assess their company culture? Look for common employee behaviors.