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How to Build Credit 101 for Small Business Owners

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Many businesses, both large and small, rely on borrowed capital to fuel growth and fund other business initiatives. This means small business owners need to understand how their credit impacts their ability to borrow more than the average consumer looking to purchase a house or buy a new car. Payment history (35%).

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How to Start a Business in a Month – #30DayChallenge

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While our data does apply to a US audience, the reasons for starting a business really aren’t going to be that different, whether you’re in Canada or South Africa. Think the country is dominated by big businesses run by people with MBAs? You don’t need any ‘special’ training to run a business. Day 7: Make it legal.

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8 Key Ingredients to a Profitable Consulting Business

Startup Professionals Musings

Yet, according to statistics from the Small Business Association (SBA), over half of new businesses offer something else - personal professional services, including consulting, business coaching, and advisory services. Don’t forget seminars and events. Raise the conversion rate with effective follow-up.

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A Standard Business Plan Outline [Updated for 2017]

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You’ll want to cover the technology you plan on using, your business location and other facilities, special equipment you might need, and your roadmap for getting your business up and running. Finally, you’ll want to outline the key metrics you’ll be tracking to make sure your business is headed in the right direction.

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8 Steps to Starting Your Own Business

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If you do need to write a formal business plan document, you should follow the outline below. The standard business plan includes nine parts: The Executive Summary. Milestones and Metrics. But, most small businesses begin with a loan , financing from credit cards, help from friends and family, and so on.

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

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The Hughes brothers developed a solid business plan and built a core team to bring their vision to reality. Backed by a team of private local investors , ColdFire gained access to additional capital through an SBA loan. Metrics: Know your numbers. The ColdFire Brewing team meets to plan marketing. Watch your finances.

Oregon 24
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The Ultimate Guide to Starting a Software Company

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Additional resources to help you finance your business: How to Get Your Business Funded. 35 Great Ways to Fund a Small Business. The Complete Guide to SBA Loans. The 10 Best Side Businesses to Fund Your Startup (Plus One Unexpected Suggestion). How to Keep Discounts from Killing Your Business [Part 1].