article thumbnail

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.

article thumbnail

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).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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. Get to know the legal stuff.

article thumbnail

13 Critical Small Business Legal Requirements to Start a Business

Up and Running

A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. The size standards are different for each industry and are defined by the government body established to oversee such matters. According to the U.S.

article thumbnail

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

Up and Running

Look to the government.

Cofounder 137
article thumbnail

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.

Columbus 134
article thumbnail

The Latest Questions Small Businesses Are Asking

Up and Running

How do I sell my products to the federal government? federal government purchases billions of dollars of goods and services each year, hundreds of millions of that is from small businesses in rural areas. That’s a lot of purchasing power and definitely a market for any business to consider.