There are many factors to consider when starting a new business or expanding. Two key factors are what entity should you consider to maximize your businesses’ results and should you consider a partner in your new business?
— Incorporating, LLC, Other Business, Small Business Loans
There are many factors to consider when starting a new business or expanding. Two key factors are what entity should you consider to maximize your businesses’ results and should you consider a partner in your new business?
— Building Business Credit, Incorporating, Other Business, Small Business Loans, Starting A Business
(There’s no excuse for not checking references with the BBB, local professional organizations and testimonials.)
— Building Business Credit, LLC, Other Business, Small Business Loans, Starting A Business
The #1 Expense in America Today is Taxes… (Not Debt)!
It exceeds what you pay for food, clothing, lodging and transportation COMBINED! Discover how to legally cut your taxes massively!
— Building Business Credit, Small Business Loans, Starting A Business
As you know, 95% of new business owners will fail within 5 years, at least 50% do not make it through year one.
Perhaps you did not get the results you wanted in 2010, and the key question will become, what do you expect to do
differently in 2011? How are you approaching your business from a mental point of view? Are you saying to yourself, “I’m hoping my business will work”…or worse yet, “I’m fearful I am not going to make any money”… or are you at a place where you may be saying…”I’m certain my business will work”? Fear or hoping is almost a guarantee for less optimal results than you may want, or worst case, may mean you will be out of business 12 months from now. If you are certain your business will work, you are in a much better position overall (with certainty and confidence). Now you have a shot…a chance. I know that does not sound too supportive as we round out the year, but that is reality. Having certainty that you will make your business work…is simply not good enough. Taking massive action is not good enough, working long hours it not good enough, being smart is not good enough… (sounds depressing by now). You can do all of this and still fail, I have seen it time and time again.
Can you get help from the SBA?
The Small Business Administration, (SBA loans) is for people that actually have secured assets, including some equity in their house or inventory receivables in their business.