Remove Employee Remove Operations Remove SBA
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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

You can, however, make sure you do your part in keeping your employees and yourself safe from the disease. During this time, it’s also important to safeguard the morale of your employees. According to NBC News, companies with fewer than 500 employees may apply for forgivable loans of up to $10 million.

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

Both Sides of the Table

Along with my partner Stuart Lander, who runs operations at Upfront and is a former lawyer, we have scoured through, debated and helped scores of companies make this determination. This money is administered by the SBA (small business administration) and is obtained through an approved bank who reviews your application. shouldn’t I?

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The SBA Needs To Get It’s Act Together On The PPP

VC Adventure

The SBA’s implementation of the Payroll Protection Program (PPP) has been a mess. In particular, the SBA has given inconsistent guidance that continues to change and evolve, leaving companies left to wonder if they qualify or not. But, while very well-intentioned, it’s implementation has been flawed.

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How to Start a Business in a Month – #30DayChallenge

Up and Running

According to the SBA, 52% of all small businesses are home-based and of the 28 million small businesses in the US, 22 million of those are operated by people who consider themselves self-employed (they have no employees and no additional payroll). Are you going to be hiring employees? You get tax benefits.

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Find Your Ideal Job And Build Your Dream Business

YoungUpstarts

The truth is that you can have both and I strongly encourage aspiring employee-preneurs to review the following five reasons to consider maintaining your job in the first few years of building your business. Business Ownership Strengthens Your Employee Net Worth. Learning from Both Work Environments.

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Covid-19 is a marathon, not a sprint, for startups in US, UK and Israel

VC Cafe

Source: NVCA , “Startup Ecosystem Faces Capital Crunch over Coming Months” USA – SBA Loans and PPP. The $349 billion aid package issued by the US Government and distributed in the form of SBA loans was quickly gobbled up by a large number of applications, many of which were from venture-backed or PE-backed startups.

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How to Write an Executive Summary

Up and Running

For example, with an existing company, that information might be as simple as adding recent annual sales or number of employees to the basic company information in the first bullet here. SBA loans require a solid traditional business plan that includes a good executive summary covering the five main points suggested in the first list above.