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3 Essential Tools for Starting and Maintaining a Small Business By : Ryan Hough - We believe that there are 3 factors that drive the success of small businesses.
1) Acquiring start-up capital
2) Finding customers
3) Accounting for, budgeting and controlling sales and expenses
The following resources will help your small business achieve these success factors.
Acquiring Start-Up Capital...
5 Home Biz Mistakes Every Entrepreneur Should Make! By : bb lee - by BB Lee (C)2005
mailto:editor@smallbizbitsnews.com
In a previous article appropriate steps to start a
home based business were discussed.
This important article will review the 5 top mistakes many
home based business owners make that might evolve into a great
success story...
9 things you must do to maximize your chances of obtaining a small business loan By : Neil Best - To get approval for your small business loan application, you must be able to meet the lending criteria set down. Some organisations are more risk averse than others, and will therefore have more stringent criteria.
To vastly increase your chances of a successful funding application, you will need to present the following information:
1. The reason for the loan. The lender will be looking for something that fits within the normal range and expertise of your business. The amount may cover a number of items, so you will need to cover each...
Achieving Financial Security in an Unreliable Economy By : Shannon Lavenia - Copyright 2005 Shannon Lavenia
Financial Security is a false concept that developed in American society based on the idea that security comes from the perceived reliability of a regular or planned paycheck. Many people, believing in the commitment of their corporations to their well-being, have found themselves downsized, layed-off, outsourced, transferred, or, in some cases, even fired. The immediate reality becomes harshly apparent and sadly disappointing...
Alternative Venture Finance: Federal Grants and Loans By : Dave Lavinsky - While most companies seeking venture capital initially think about angel investors and venture capitalists, a large alternative source of financing is federal grants and loans. The two largest federal grant programs are run by the Small Business Administration (SBA), and by Small Business Investment Companies (SBICs)...
Alternative Venture Finance: Shell Corporations By : Dave Lavinsky - A shell corporation is a company that is incorporated but has no significant assets or operations. These corporations may be formed as an alternative venture financing mechanism...
An Exporter? Who, Me? By : NC - (NC)—If you're a small- to medium-sized business with a potential market for your product abroad, you may profit from making a move into exporting.
Your first reaction may be "Me, an exporter?" but it isn't as farfetched as you may think. Even if your company is relatively small, there may be a market for your product or service outside of Canada. In fact, 90 per cent of Canadian exporters have annual export sales of less than $1 million. What's important is having the right product or service, a commitment to succeed, and a sound strategy...
Analyzing Customers in Your Business Plan By : Dave Lavinsky - The Customer Analysis section of the business plan assesses the customer segments that the company serves. In it, the company must 1) identify its target customers, 2) convey the needs of these customers, and 3) show how its products and services satisfy these needs ...
Angel Investors: 7 Online Business Plan Scams and 1 Real Deal By : MaryAnn Shank - We've all seen the hype: "We'll put your plan in front of thousands of investors!" "We'll write you an award-winning online business plan!" "Only $3,000 for thousands of investors to learn about your company...
Angel Investors: Who They Are & When Are They Appropriate By : Dave Lavinsky - Angel investors are individuals who invest in emerging business ventures. Angels typically provide both capital and know-how to companies who are in either their start-up or expansion phases. To reflect the increased risk of investing in such firms, angels seek a higher rate of return versus traditional public stock investments...
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