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

5 Free Platforms Entrepreneurs Should Be Using To Manage And Streamline Their Business

YoungUpstarts

Now that you have your business up and running you must sustain and grow it, but how do you do that? There are many helpful resources for budding entrepreneurs and small business owners and my first recommendation is to start with the U.S.

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 Pick The Translation Service Your Startup Needs

The Startup Magazine

According to the US Small Business Administration, startups and small businesses numbered around 30.2 That number accounts for about 90% of the total number of businesses in the United States. million in the United States in 2018. Why You Need The Best Translation Service.

article thumbnail

How to Get Funding for a Business

Up and Running

And even before that, during the early stages, they’ll expect you to have a business plan in the background, for your own use. Most commercial banks require a business plan as part of a loan application. A plan is also required for applying for a business loan guaranteed by the Small Business Administration (SBA).

SBA 161
article thumbnail

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

Up and Running

While continuing to work full time as an employment case manager in a homeless shelter, I wrote a business plan, contacted every vendor I could find on the internet, secured insurance, found a credit card processor, and we went to work on the storefront, which had been used as a skate shop by the previous tenant. and woke up at 7:00.

Cofounder 145
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

How Online Lenders Facilitate The Growth Of Startups

YoungUpstarts

In contrast, loans granted by traditional banks often require borrowers to have credit scores at or above 650 and this is the case even for loans guaranteed by the Small Business Administration, which are intended to be easier to access than other types of business loans.

Startup 100