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

Up and Running

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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You’ve Got Funding: 5 Things to Do With the Money Right Away

Up and Running

The details within those pages will remind you of the spending strategy you outlined to get your business off the ground. Look closely at your cash flow forecast so that you can spend accordingly. You can always upgrade all of these items as your business starts to bring in revenue. Create a must-have list.

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8 Steps to Starting Your Own Business

Up and Running

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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How to Start a Brewery: Growing Your Own Craft Beer Business

Up and Running

While Dan heads up operations, his brother Stephen is head brewer, and their team also includes directors of finance and brand, respectively. The more complex the operating structure of a business , the more information and time required.”. The ColdFire Brewing team meets to plan marketing. Watch your finances.

Oregon 24
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4 Startup Funding Challenges and How to Overcome Them

Up and Running

It is not possible to chalk out how you are going to spend the money without having a business plan. In fact, most investors (and zero banks) will fund your venture without a complete business plan. Your business plan also needs to have a realistic financial forecast. However, they tend to invest upwards of $2 million.

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Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

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. Future potential situations such as a buyout, selling the business, and so on. How big is your target market? Who is your target market ? Projected costs.

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Business 2011 - Optimism, But Heed the Lessons

Startup Professionals Musings

Still, they are fighting for action, particularly in the area of higher Small Business Administration (SBA) loan limits. Increase operating efficiencies. A majority of small business leaders intend to be more aggressive in 2011 by implementing a range of actions to advance their businesses.

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