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Small businesses can look forward to relief from a renewed PPP loan program. This new round of funding will give struggling small businesses the chance to stay afloat during one of the most volatile economic periods of our time. The new PPP loan forgiveness simplification rules for $150K or less are listed below: If You...
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Are you looking to take your business to the next level but aren’t sure where to start? This is something most business owners face at some point in their careers. Success is measured differently for everyone, but it almost always includes your ability to visualize an ideal outcome and outline a game plan to get...
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The Paycheck Protection Program has been crucial for small businesses weathering the coronavirus pandemic. Given its importance, of this program and the next round of funding it’s important for business owners to understand what has changed this time around for the PPP. January 2021 PPP Update Highlights The Department of the Treasury, partnering with the...
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Here’s an interesting stat: only about 50% of all small businesses that begin this year will be around in ten years. Lack of funding is one of the main reasons why businesses don’t survive. Imagine that, not poorly run shops, or owners that give up on their businesses… It’s the fact that businesses do not...
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If you’re thinking about taking out a loan for your new retail shop, you might be feeling intimidated: how do you go about securing financing for your small business? Discover how to get a loan for a retail shop, what types of loans are available to you, and how to prepare to qualify in our...
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Starting a business during Covid is nothing like starting a business during ‘regular times’ (or so I’ve heard). If I’m being honest, I actually have never started a business during ‘regular times’. It’s in times of the most uncertainty I have seen the greatest opportunities. I started my first company back in 2007 during the...
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Veterans looking to launch their own brands should know about the Small Business Administration. President Dwight D. Eisenhower founded this agency in 1953. For decades, it’s helped countless aspiring entrepreneurs get their businesses off the ground, including special guidance for veterans. In this article, you’ll learn everything you need to know about SBA loans for...
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Although the global pandemic has made it a challenge for businesses to operate, business owners have been resilient and adapted to create plans to get back to business. As a business owner during a pandemic, you will need a solid and proactive business plan that is continually changing and evolving. By implementing a business continuity...
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If you run a small business and you’re looking for funding to grow it, you may have heard about SBA Loans. You may have some questions about how they work and if they are right for you and your business. What Is an SBA Loan? SBA loans are made in an agreement between the SBA...
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Getting a business loan can be tough. You need collateral to secure the loan and if you’re just starting out or a small business owner that hasn’t accrued collateral yet, this can be an issue. Assets that can be used as collateral buildings, equipment, vehicles, or even accounts receivable. If you aren’t able to pay...
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