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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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Vital Tips For Small Businesses And Entrepreneurs During Covid-19  

YoungUpstarts

As individuals, we instinctively keep a running check in our heads about when our bills are due and when we have money coming in. Now it’s time to consider your small business in the same light. Make a list of bills you owe each month ­­— it could be rent, payroll, utilities, inventory, software subscriptions, etc.

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The Latest Questions Small Businesses Are Asking

Up and Running

Review corporate mission, vision, values and goals to make sure the company culture you are inventing is supportive of them. As a licensed professional, a CPA has to adhere to a code of professional ethics. For instance, there is a difference between financial statement preparation, a financial review and a full audit.

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

Up and Running

Most small businesses and startups that are looking to grow— hire a new employee , or buy a new piece of equipment, or open a new location —need to think hard about cash flow, or making sure they have enough money in the bank to meet payroll and other financial obligations. Review your business plan regularly.

Oregon 24
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How to Get the Most Out of Your Business Plan Writing Service

Up and Running

Knowing how big you see your company becoming in the next few months (and even years) will drive key parts of your business plan. If you’re starting a SaaS (software as a service) company, your target market isn’t actually everyone with a computer or mobile device. Target market. Be specific.

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4 Startup Funding Challenges and How to Overcome Them

Up and Running

From jewelry to dog food to SaaS (software as a service) products, startups are popping up in virtually every field around the world, despite the risks. For example, for a restaurant, having a stylish interior is a strategic aspect of your business. Make sure to use the latest automation and software technologies wherever makes sense.

SBA 84
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Practical Market Research Resources for Entrepreneurs

Up and Running

Government information. Federal, state and local government reports. Small Business Administration – SBA. Small Business Development Center – SBDC. The industry-specific (based on SIC code) reports tell you how many companies there are, average sales, and employees.