Many business owners know and understand the value of a business plan. The business plan is a key component of the loan process and serves as a foundation for your organization. However, it only tells half the story. To get the whole picture and have a framework on which to build your business you also [...]
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Small businesses are the backbone of our economy, creating jobs and adding new and innovative products to the market. The Small Business Administration exists to support both emerging and growing small businesses by offering services, tools, and resources at affordable rates. The SBA also offers several loan programs to help those businesses meet demand, acquire [...]
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Did you know that several companies and government agencies allot a certain number of projects/portion of their budget for contracts that can only go to woman-owned businesses? Those contracts include everything from military projects to public works and information technologies. When it comes to securing those choice contracts, the only eligible businesses are those that [...]
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The SBA is one of the most vibrant sources of funds and tools for small business owners. Their lending programs, especially the 504 program, make it possible for all types of small businesses to secure needed funds to continue to grow their business. It takes many people to successfully secure and close an SBA loan. [...]
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There comes a time when every business must secure financing to cover their growing needs. Whether it’s to buy new equipment, purchase land, improve an existing location, or to just give your business a little breathing room, a loan can sometimes mean the difference between making it to the next level and falling behind your [...]
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The Palo Alto Software team is at the National Restaurant Association Conference this week and Bplans is featuring articles and resources for restaurant owners. When it comes to getting your restaurant off the ground, what’s even more important than a great concept and great food is a great location. A high traffic location located near [...]
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When it comes to getting your restaurant off the ground, what’s even more important than a great concept and great food is a great location. A high traffic location located near or in retail centers and major streets are prime venues for building up your clientele. However, deciding on whether to lease or purchase depends [...]
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Your business plan is the foundation of your business. It defines your vision and mission, and serves as a road map as you move forward. It’s one of the most important documents you’ll ever create. It’s also an invaluable tool when it comes time to apply for a business loan. What lenders look for in [...]
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[This is a guest post by Helena Hauk of 5th Gear Consulting. Helen approached us to talk about orchestrating effective meetings and I couldn't say no to the topic. — Kai] No one likes meetings and if people can avoid them they will. Unfortunately meetings are a necessary and vital part of doing business, especially [...]
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