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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. Scan through them and see which assistance your business may be eligible for. A Change in Attitude.

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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. There is nothing in the rules that state that VC-backed businesses are ineligible. payroll protection. shouldn’t I?

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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. Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500.

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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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How to Get Funding from Billionaire Investor Mark Cuban and Other Stories

Up and Running

Green House Data used such incentives to open up a new facility and to grow rapidly, experiencing 100 percent year-over-year revenue almost every year since their founding. In 2012, Vernetta Freeney was seeking funding to grow her business. Look to the government. Enter grant competitions.

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The Latest Questions Small Businesses Are Asking

Up and Running

This assurance can be beneficial if the business is seeking loans or investment funding. CPA’s also can represent clients in case of an Internal Revenue Service (IRS) audit. How do I sell my products to the federal government? That’s a lot of purchasing power and definitely a market for any business to consider.

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Funding for Women-Owned Businesses

Women Entrepreneurs Can

Not only are women-owned businesses increasing at two and a half times the rate of all US businesses combined, but both the revenue growth and employment growth of women-owned businesses have also outpaced the national averages for all businesses. US Small Business Administration (SBA).

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