If you are thinking about starting your own business and have discussed it with anyone, chances are you have been told that you can get loans from the government. This is true, but maybe not in the way you think. First, the government does not directly make loans to small business owners. There is no […]
SBA
Employment Laws Made Easy for Small Business Owners
According to the U.S. Small Business Administration (SBA), entrepreneurs must deal with employment laws covering everything from preventing discrimination to posting the correct workplace posters.
From Big to Small: Large Companies Becoming Small Businesses
When the calendar turns to Monday, July 14, 2014, an estimated 8,500 large and medium-sized U.S. companies will suddenly fall under the small business umbrella in the eyes of the SBA.
Can You Borrow Your Way to Success?
In order to be able to obtain a loan, SBA or conventional, you must meet the basic financial institution risk rating, which is known as the “5 Cs of Lending.”
Three Cheers to Our Mentors: Helping Build Small Business Success
A mentor is someone who has been there before, done that before, and wants you to avoid the pitfalls and perils he or she experienced. Mentors are imperative to the success of any entrepreneur.
Realistic Options for Financing Your Startup
One of the first challenges new entrepreneurs face is finding a way to finance their businesses. You have a great business idea but little money to implement it; and, like every entrepreneur before you, you try to scrounge enough money to launch your startup—your dream.
SBA Loans for Veterans: MREIDL
The Small Business Administration has many helpful platforms and programs that are specifically geared towards veterans who are looking to engage in entrepreneurship and start their own small businesses. One such program is the Military Reservist Economic Injury Disaster Loan program (MREIDL).
3 Ways to Fund Your New Startup
Knowing the most common funding options gives you the foundation you need to develop your customized fundraising strategy. So here is a quick(ish) overview of the most common funding types for early-stage startups.
Do NOT Be a Woman-Owned Business
I refuse to be a woman-owned business. Don’t get me wrong; I am a woman and I own my business. I’ve owned and run my business for more than a decade, and I do it with integrity, a good heart, a drive for success, and a dedication to my clients.
Boots to Business: New SBA Entrepreneur Program for Vets
Last year the Department of Defense launched a revamped transition assistance program for Veterans. “Transition Goals Plans Success,” known simply as Transition GPS, replaces the 20-year-old Transition Assistance Program, or TAP.
