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How to do a Practical Lean Business Plan in Four Easy Steps
… the document. Just write down your key strategy choices. Make it as simple as a bulleted list. Consider it for your … you can put on the calendar to measure progress as you make it. These normally include tasks, deadlines, budgets, … work better when they see tangible goals to work towards. Make the next milestone. Furthermore, for most people, it’s … -
SBA to Provide Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
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SBA Success Story to Be Honored at Mid-America Trade Summit
… “A lot of our sales are through large customers on long payment terms. We would not have the cash flow to make those big sales without the SBA. The bigger the retailer, the longer the payment terms are, so we need that financing to do business … -
The Pros and Cons of Owning A Retail Franchise
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From Combat to Coffee: Air Force Veteran Trades Boots for Beans
… was an easy choice for this 20-year Air Force veteran to make when he was exploring business options while retiring … “We had been working with beauty salons where they could make full on coffee drinks. They had a full coffee station … more elaborate, we had water pumps, and they could make anything from specialty coffee drinks to whatever they … -
SBA’s Actions to Address Forgiven PPP Loans Subsequently Flagged as Potentially Ineligible
… to a pay and chase environment that relied heavily on post-payment reviews and resolving subsequent hold codes to ensure … guidance stipulates that all loans for which a forgiveness payment has been made and later determined to be potentially … -
Prepare Your Small Business for Hurricane Season
… can help prepare your small business: Back up data and make sure you can access important files remotely. Put these … storm passes. Establish an emergency communications plan. Make sure you have up-to-date contact information for all … or paying employees and contractors in case electronic payment systems are down. As the storm strikes, your safety … -
SBA Offers Disaster Assistance to Texas Businesses and Residents Affected by the Severe Storms and Tornadoes
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Alabama Goods Crafting Success One Local Treasure at a Time
… their online offerings. They requested that their vendors make products that were in high demand at that time. For … the SBA Paycheck Protection Program (PPP) loan helped make up for the loss in revenue and helped to keep salaries … -
7 Ideas for Marketing to Existing Customers
… products, services and offers they may not be aware of. Make them feel special. Consider hosting special events just … banquet for a B2B business. Receiving an invitation will make customers feel valued. Continue the special feeling at … then graduate to bigger rewards as they spend more. Make sure your rewards system is simple and easy to … -
SBA to Provide Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
… the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to … engines in every community and state, and they have helped make our economy the strongest in the world. Our Agency will … -
Protect Your Small Business This Hurricane Season
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Know the import and export laws and regulations
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Coffee Shop in West Point Keeps Brewing Up Hospitality With PPP Loan from SBA
… “some people like to enjoy a slice of cake or pie that we make, so mostly a custom bakery is what I do. It really is … slowed it was super helpful to know for sure that I could make payroll and purchase supplies and just take care of that … shot and do your due diligence. Know what you want to, make a plan, understand your market, and go for it!” The … -
Eric M. Thorson, Inspector General, U.S.Small Business Administration Before the Subcommittee on Government Management, Finance, Accountability of the Commitee on Government Reform, United States House of Representatives, May 10, 2006
… can last up to 30 years. By law, SBA is authorized to make two types of disaster assistance loans in this kind of … amount of a disaster home loan be reduced by any insurance payment, grant or other compensation. We are coordinating … -
ICYMI: The Biden-Harris Administration “Kept Its Promise” to Black and Latino Entrepreneurs with SBA Loans in FY23
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SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans
… shift all EIDL payments to 2022, SBA will extend the first payment due date for disaster loans made in 2020 to 24-months … -
Biden-Harris Administration to Launch New Initiative to Increase Federal Contracting with Small Disadvantaged Businesses
… . This agreement will establish a pool of 8(a) firms to make it easier for procurement officials to locate and … to achieve their SDB contracting goals while they make smart purchasing decisions. “This joint initiative … Carnahan . “We’re excited about this new pool that will make it easier for federal acquisition professionals to find … -
5 reasons you need a business plan
… and outlines the path your business intends to take to make money and grow revenue. Think of it as a living project … of your plan. They can take as little as one hour to make and are typically just one page. Because knowing where … to start can be challenging, the SBA has tools to help make writing a business plan less intimidating and time …