One of the most important tasks of preparing a startup for launch is coming up with a comprehensive business plan. The question often arises, though, whether it is better for you to perform this job or outsource the work to...
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The typical turnaround time for an SBA loan is generally in the range of 2 to 3 months, although it’s possible to have everything wrapped up in less time than that. The reason it takes so long is because a...
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Financial modeling in general consists of continuously plugging in different numbers and scenarios into formulas, usually in an Excel spreadsheet, to see what kind of impact they have on your business. This can be a very useful tool for predicting...
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Limited fossil fuel resources, instability in the Middle East, and other factors have caused entrepreneurs to realize the value of businesses in the field of renewable energy. Numerous opportunities exist in eco-friendly alternatives such as wind, geothermal, and solar power....
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Most small business owners think that entrepreneurship requires continual, nonstop effort, so they work themselves into a state of exhaustion that increasingly hinders productivity. In fact, quality work is best accomplished when you are well-rested and alert. Here are some...
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Most businesses need additional financing at some stage of their growth, and one option to consider is a business line of credit. Lines of credit allow you access to a fixed amount of funds that you can draw on when...
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When it comes time for your company to seek financing for an equipment purchase, there are some things to be aware of which will help increase your chances of approval. By observing some of the tips described below, you should...
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Business plans are important for everything from obtaining financing to guiding your company. The process of writing one can be made easier with objectives built under the tenants of SMART goals. SMART stands for specific, measurable, achievable, relevant, and time-bound....
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A strong company culture is usually built by the formation of teams and individuals which can connect with each other for exchanging ideas and benefiting mutually by them. Here are some ways to promote strong corporate culture in your company,...
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Successful business leaders not only need to have comprehensive knowledge of their company and its products, market trends, finances, and other details, but also require a grasp of the unseen fundamentals that comprise effective human connections. It is imperative that...
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