Startup Professionals Musings

NOVEMBER 6, 2020

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. If your passion is customers, you definitely will be happier as a lifestyle entrepreneur.

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Small Business Small Business Administration SBA Equity 311

Startup Professionals Musings

OCTOBER 16, 2020

This type of business has long been primarily run out of the home, well before COVID-19 made that a necessity, and it still works to keep the costs of operation down. In time, many businesses outgrow their meager beginnings, to become major enterprises, comparable to the current giants Amazon and Apple. Details are important.

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Intellectual Property Small Business Administration Bootstrapping Differentiation 313

YoungUpstarts

JULY 20, 2016

Because of this, startups traditionally look to outside funding solutions, but, unfortunately, obtaining capital from a bank can be challenging without an upfront investment, a solid business plan, a great credit score and a dash of luck. In lieu of obtaining a bank loan, many startups use personal or business credit cards.

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The Startup Magazine

NOVEMBER 23, 2020

The US Small Business Administration notes that fast-food franchises make up the most popular business type for new entrepreneurs. From medspa franchise opportunities to retail businesses, there’s no shortage of supply. Franchisors Get Lots of Money from The Operators. A Terrible Sales Process.

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Private Equity Small Business Administration Equity Operations 157

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.

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The Startup Magazine

JANUARY 28, 2019

One of the most significant hurdles that many aspiring entrepreneurs must face involves raising capital to launch their business. With some business models, it may take many months or even a few years until the company can break even or turn a profit on a regular basis. Small Business Loans. Investors.

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YoungUpstarts

NOVEMBER 26, 2020

by Terry Monroe , founder and president of American Business Brokers & Advisors (ABBA) and author of “ Hidden Wealth: The Secret To Getting Top Dollar For Your Business “ Normally, I am a proponent of buying small businesses. The possibility of more business interruption exists.

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Small Business Due Diligence Small Business Administration Stock 225

Up and Running

JULY 24, 2017

Even though the executive summary is at the beginning of a finished business plan, many experienced entrepreneurs (including me) choose to write the executive summary after they’ve written everything else. Executive summaries for internal plans, operations plans, or strategic plans. Small Business Administration (SBA).

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Software Review SBA Due Diligence Business Plan 151

YoungUpstarts

FEBRUARY 26, 2016

It can be a lonely world out there for sole business owners. When an entrepreneur decides to start a business on his or her own it’s only natural for the entire business model to be revolved around them. Instrumental decisions like hiring employees, running the day-to-day operations, and training all relies on the owner.

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The Startup Magazine

APRIL 25, 2022

While that may seem logical, it’s the same attitude that has resulted in many businesses shutting down, and many entrepreneurs ending up in debt. The truth is that it takes a lot of planning and market knowledge to start your own business and make it a success. You know you need money to launch a business. While the U.S.

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Small Business Small Business Administration Government Operations 141

YoungUpstarts

APRIL 7, 2013

By Ingrid Vanderveldt, Dell’s Entrepreneur-in-Residence. They’re using metrics that are often unworkable in the current business environment, causing growing businesses to look elsewhere for capital and increasingly towards alternative forms of financing. It’s the paradox of the modern startup.

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Advisory Board Entrepreneur Portland Oregon 249

crowdSPRING Blog

FEBRUARY 11, 2019

For example, in our definitive guide on how to start a successful clothing brand or clothing line , we suggest that aspiring apparel entrepreneurs choose their niche. In fact, brands are even more important for small businesses like independent consultants. Or, it may be the niche that you find most fun and exciting.

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Small Business Administration Small Business Social Media Elevator Pitch 86

YoungUpstarts

JULY 15, 2015

All successful entrepreneurs remember the first few months of their start-up and know that feeling of pure innovation that makes your business click. According to Small Business Administration, one of small business owners’ top concerns is maintaining enough cash flows to reinvest in the company’s marketing, growth and development.

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Employee Detroit Michigan Small Business Administration 100

YoungUpstarts

APRIL 16, 2018

Another perk of having a home office as the hub of your business is the eligibility to claim some of your bills as a business expense, further reducing the stressors associated with home and business ownership. Veterans Advantage Lending Program.

Programming 153

Programming SBA Small Business Administration Entrepreneur 153

YoungUpstarts

JANUARY 6, 2021

But let’s look at this through the eyes of small businesses. Outside of government, companies with less than $7 million in sales and fewer than 500 employees are widely considered small businesses by the U.S. Small Business Administration. Here’s why.

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Small Business Small Business Administration United States Stock 264

mashable.com

OCTOBER 27, 2010

This post originally appeared on the American Express OPEN Forum , where Mashable regularly contributes articles about leveraging social media and technology in small business. These nine websites will help you track down the appropriate entrepreneurs. There’s no substitute for experience.

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crowdSPRING Blog

FEBRUARY 14, 2019

What is the maximum figure I can safely spend on this business? What are my expectations of being an entrepreneur? You’ll also want to consider what specific niche is right for your business. Rather, it should be one or two pages, identifying the key elements of the clothing line’s business strategy. Operating plan.

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crowdSPRING Blog

MARCH 26, 2019

Choosing your business model is the first step in that direction. This is true for any business, not just for brewery businesses. In our guide on how to start a small business , we suggest that aspiring entrepreneurs choose a niche for the best chance at success. We recommend that you write a business plan.

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Small Business Administration Distribution LLC Small Business 94

Up and Running

SEPTEMBER 11, 2014

If you operate on a much smaller scale, I recommend trying new platforms like Patreon. Just remember than you’re going to have to know what to do with the funding once you get it. No one is going to be there to advise you, and this can be pretty daunting when you’ve promised people a product in exchange for their monetary support.

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Cofounder Green Small Business Administration Business Plan 137

crowdSPRING Blog

FEBRUARY 28, 2019

What is the maximum figure I can safely spend on this business? What are my expectations of being an entrepreneur? You’ll also want to consider what specific niche is right for your photography business. This is true for any business, not just a photography business. Operating plan. Find a niche.

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Business Plan Small Business Administration Hiring Social Media 64

crowdSPRING Blog

MARCH 14, 2019

This is true for any business, not just the real estate business. In our definitive guide on how to start a small business , we suggest that aspiring entrepreneurs choose a niche for the best chance at success. A business plan is a document that outlines the financial and operational goals of your business.

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Business Plan Limited Liability Company Small Business Sales 79

Up and Running

MAY 15, 2018

As an entrepreneur, you will face several challenges while seeking the funds, in part because you’ll have to convince others that your idea is a solid investment. Creating a scalable business model. However, if things don’t pan out, you lose your business and also your nest egg. Your own savings and income. Credit cards.

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SBA Angel Investor Technical Review Startup 84

YoungUpstarts

OCTOBER 4, 2016

As an entrepreneur, your days will be filled with surprises and unexpected lessons. While there are many tasks you must juggle to do this, these five tips will help you stay grounded as an entrepreneur: 1. A business plan is the blueprint for your company’s operation, and overall success. Small Business Administration.

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Small Business Administration United States Finance Channel 145

Startup Professionals Musings

DECEMBER 31, 2014

According to earlier studies from Forbes Insights , many entrepreneurs and small businesses not only feel the lessons learned during the past few years have helped them survive, but the recession also exposed flaws in their business strategies that they were able to fix. 2015 business optimism entrepreneur strategy'

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Small Business Administration SBA Forecast Government 257

Up and Running

OCTOBER 30, 2017

In order to start a successful business, passion alone isn’t enough. How will these affect day-to-day operations? As you get started, your business will likely dominate your life so make sure that what you’re doing is stimulating and challenging, but not completely outside of your expertise. What are your strengths?

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Venture Capital Business Plan Limited Liability Company Finance 166

Up and Running

MAY 3, 2017

It’s no secret that women have traditionally been paid less than men, but it can also be challenging for women entrepreneurs to find funding for startups. Here are three ways to increase your chances of joining the ranks of successfully funded female-owned businesses. The Minority Business Development Agency is also a good resource.

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Entrepreneur Venture Capital Government Small Business Administration 110

crowdSPRING Blog

JULY 1, 2020

If you’ve thought about venturing into the life of an entrepreneur and starting a business, but you don’t have unlimited dollars to invest – this article is for you. Small businesses account for 99.9% of all businesses in the U.S., Small Business Administration.

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Small Business Administration Small Business Demand Community 103

Feld Thoughts

JULY 19, 2015

Has the word entrepreneur become too trendy as to have lost its meaning? On a daily basis, I have an email exchange with someone who says they are an entrepreneur. But I’m critical of the use of the word entrepreneur in these contexts. And that takes us back to the word entrepreneur. Here’s a simple example.

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Entrepreneur Small Business Administration New York Government 70

ReadWriteStart

JUNE 5, 2012

Oregon has been operating an SEA program since 1995, and a survey shows nearly half of its program’s participants have created an average of 3.12 Virgin Islands,” five states - Delaware, Maine, New Jersey, New York, and Oregon - already have active SEA programs. To entrepreneurial types this seems like a no-brainer. There’s more.

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Puerto Rico District of Columbia Virgin Islands New Jersey 149

YoungUpstarts

APRIL 27, 2017

Difficulties arise when companies begin to scale up because as a company grows and expands its operations, entrepreneurs typically become less involved with the day to day operation of their business. Tips to Successfully Scale Your Business.

Small Business 124

Small Business Small Business Administration Lean Marketing 124

YoungUpstarts

NOVEMBER 19, 2014

Small Business Administration, nearly half of new small businesses are not in existence five years later. This stat underscores the competition that new businesses face as well as the need for owners and entrepreneurs to make sound choices with their firm’s money. According to the U.S.

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SBA Small Business Administration Small Business .Net 154

Up and Running

MARCH 7, 2013

No one is going to make a case for hampering the creativity, vision, and energy of the youthful entrepreneur. 5th through 12th graders showed that 77% of students said that they want to be their own boss, 45% plan to start their own business, and 42% believed they would, “invent something that changes the world.”

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Philadelphia Coder Entrepreneur Small Business Administration 118

Up and Running

JULY 24, 2015

This list is broken into categories and is meant to be a one-stop-shop for aspiring entrepreneurs. Business planning. To start your business, you’ll need a sound business plan. But here at Bplans, we make an effort to provide entrepreneurs with the resources they need to start and run successful businesses.

Entrepreneur 60

Entrepreneur Small Business Administration SBA Pennsylvania 60

YoungUpstarts

APRIL 15, 2019

If you like what you read here, be sure to read the complete 9 step guide on how to start a brewery business. Choose a business model. In our guide on how to start a small business , we suggest that aspiring entrepreneurs choose a niche for the best chance at success. Get to know the legal stuff. Define your brand.

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Small Business Administration Design Distribution LLC 39

Startup Professionals Musings

APRIL 1, 2011

According to earlier studies from Forbes Insights , many entrepreneurs feel the lessons learned during the past couple of years have not only helped them survive, but the recession exposed flaws in their business strategies that were previously not apparent, and they could fix. Increase operating efficiencies.

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Small Business Administration SBA Japan Forecast 224

Up and Running

MAY 12, 2015

Have you considered asking a child what they think of your business pitch? If you’re an entrepreneur looking for funding, you know how important—and involved—the pitching process can be. I’ve also included advice from a few entrepreneurs, who shared what resources worked best for them. Operated by the U.S. No, really.

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Angel Investor Software Review Technical Cofounder Due Diligence 60

Startup Professionals Musings

APRIL 9, 2013

According to earlier studies from Forbes Insights , many entrepreneurs not only feel the lessons learned during the past few years have helped them survive, but the recession also exposed flaws in their business strategies that were previously not apparent, and they could fix. Increase operating efficiencies.

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Small Business Administration SBA Forecast Small Business 195