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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 Start Your Own Craft Beer Business

YoungUpstarts

Contract Brewing Company – In this business model, one business hires another brewery to manufacture their beer. The contract company would handle the other business aspects such as distribution, marketing, and sales. But, new technology in materials and labeling mean you can make smarter choices for your business.

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How to Get Funding for a Business

Up and Running

The outlook for funding depends a great deal on the specifics of the business. For example, many ongoing businesses have access to standard business loans from a traditional bank that would not be available to startups. Small business financing myths. The Small Business Administration (SBA).

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5 Tips for Starting a Successful Clothing Brand: The Definitive Guide (2018)

crowdSPRING Blog

We discussed these options previously in our article 15 Tips for Turning Your Craft Hobby Into a Successful Business : A sole proprietorship is the “most basic type of business to establish” according to the SBA (Small Business Administration). Click here to see their complete guide to writing a business plan.

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Ask an Entrepreneur: Can I Really Start a Business in 30 Days?

Up and Running

For businesses that need to be started quickly, just go where people are already making money and throw your hat in the ring. What about hiring, taxes, llcs, operations, scaling? I consider business an art and true art is never completed, so you will continue to tweak as long as you run the business. T=Time bound.

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4 Reasons Small Businesses Fail

YoungUpstarts

By Brian Sutter, Director of Marketing, Wasp Barcode Technologies. Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is that too many of them fail. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year.

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

Up and Running

It can be incredibly irresistible, once funding comes through, to go on a buying spree for everything from company tech to office chairs. Take a moment and step back to review the business plan that you worked so hard on. With this in mind, it is imperative to spend capital wisely to make sure your business finds success.

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