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Top Financial Resources for Small Businesses in Northwest Phoenix

The Startup Magazine

Running a small business is no small featespecially when it comes to managing finances. Luckily, if you’re in Northwest Phoenix, you’re surrounded by tools and experts ready to help you take your business to the next level. Small Business Development Centers (SBDCs) are another must-know resource.

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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

Maybe because they have often been called the backbone of the American economy, small businesses are among those with the heaviest burdens to bear. The sad reality is, some of these small businesses may never open their doors again. The odds were always difficult for small businesses even before the pandemic.

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The Right Ingredients: SBA Loan Prep Steps

YoungUpstarts

The small business sector is growing rapidly. And while corporate America has been “downsizing,” in recent years, the rate of small business start-ups has dramatically increased. Bureau of Labor and Statistics research, there are an estimated 28 million small businesses in the U.S.

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10 Reasons You Don’t Qualify for an SBA Disaster Loan

Up and Running

Maintaining your business through the coronavirus crisis has likely led you to cut costs, revise your sales projections, and potentially seek out a loan to help you stay afloat. Your business is brand new. Most banks will not issue traditional SBA loans to brand new businesses.

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Vital Tips For Small Businesses And Entrepreneurs During Covid-19  

YoungUpstarts

by Wayne Titus, author of “ The Entrepreneur’s Guide to Financial Well-Being “ Entrepreneurs and small business leaders are trying to figure out how to navigate COVID-19, from how to apply for loans and assistance to FMLA regulations. How can businesses understand their options and develop a cash flow timeline?

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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).

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4 Reasons Small Businesses Fail

YoungUpstarts

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. Small Business Administration. LendingClub Inc. ,