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Fundamentals of Lean Business Planning
… out a map, or a route, or a series of steps to follow to make strategy real. Most people are more likely to get things … are what you do with the actual day to day, decisions you make on optimal pricing, channels marketing, and product (or … review, another part of the planning process, helps you make sure you are actually executing your tactics by tracking … -
Four Million Hard-Hit Businesses Approved for Nearly $390 Billion in COVID Economic Injury Disaster Loans
… work with Administrator Guzman and other leaders at SBA to make substantial improvements to COVID EIDL. I believe that … her top priority to deliver relief quickly and equitably, make COVID EIDL more flexible, and streamline the application … equipment, and making debt payments. Implemented Deferred Payment Periods. To assist small businesses struggling to … -
How to Write Your Business Plan, 2019 Style
… and problems along the way. Whatever your initial plan, make sure you revisit every month. Review progress, analyze results, and make course corrections. Do Only What You’ll Use The web, … bullet-point list to remind yourself about choices you make regarding what you sell, to what market, and so forth. … -
COVID Forces Boat Builders To Innovate
… help. At the time they thought they were just going to make do with the staff on hand, but a month later after an … in house with the CNC. It used to take employees a week to make 12 oars, but with the CNC the company can make 30 oars in two days. Demand is so high Adirondack … -
A Steady Stream of Trekkers Remembering Route 66
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Four Questions Every Effective Business Plan Should Answer
… Write a Business Plan Month, review your business plan and make sure it answers the following questions: What does your … your business. Who is your target customer? You’ll want to make sure your business plan outlines in detail who your … be proactive in answering these questions. How will you make money? Of course, from a big-picture perspective, you’ll … -
Five Factors that Impact Your Business Credit
… credit . This includes positive cash flow, bank history, payment history, and additional cash sources and reserves. … much skin you have in the game is very important and can make the difference between an approval and denial. Banks … to prove that the conditions are right for your business. Make sure there is market potential, an industry, … -
Contracting assistance programs
… Small business contracting goals The government works to make sure small businesses get at least 23% of all federal … has its own standards and process for certification, so make sure to read carefully. Need help? Get help with … -
Peggy E. Gustafson, Inspector General, U.S. Small Business Administration, Before the Small Business Committee, United States House of Representatives, April 21, 2010
… regulations require that any excess funds remaining after payment of staff and overhead expenses be retained by the CDC … and 7(a) Loan Programs determined that the improper payment rates that SBA had reported for these programs were … not loan approvals, and estimated that the improper payment rate was at least 46 percent of $3.4 billion in loans … -
SBA Urges Businesses to Prepare for Severe Weather
… risks. If you do this early enough, you’ll have time to make structural upgrades that can prevent possible future … six months. Once you’ve done that, you’ll be prepared to make a plan to check out insurance options, or work on … of your property. Build a crisis communications plan to make sure your staff, customers, vendors, and contractors … -
Direct Mail is Hot Again. Here’s How to Use It
… the layout streamlined and the photography eye-catching. Make worthwhile offers. Email offers for discounts are a dime … or catalog with a special offer can catch the eye. Make it worth the customer’s while, not just a few dollars … mail. Three-fourths of people who use direct mail to make purchasing decisions also consult online sources for … -
COVID-19 Coping Tips for Small Business Owners
… loved ones throughout the week to blow off steam. Also, make a point of cultivating a network of business mentors and … or phone appointment with a local SBA resource partner . Make Time to Unwind Intentionally carve out time for yourself … be hard to pinpoint where to start. The first step is to make a list of everything you need to get done. Then, … -
A List of Expenses You’ll Have as a Franchise Owner
… Of course, marketing and advertising isn’t free, so make sure you don’t forget to add these items to your list of … requires a commercial space, you’ll have a monthly rent payment. In addition, you’ll be responsible for all of the … swings, your utility bills will match those swings. Make sure you budget accordingly. 5. Loans If you’re like … -
Become a federal contractor
… about how it purchases products and services. It aims to make sure that competition is fair and open, prices are … -
Evaluation Report 15-09, The OIG High Risk 7(a) Loan Review Program Recommends $1.8 Million in Recoveries
… improper payments, and was not identified as an improper payment. OIG recommended that SBA require the lenders to … -
Providing Standby Letters of Credit to Your Client is Easy with SBA
… pass by. When an exporter quotes an order with a down payment requirement, the foreign buyer may only agree if the … a standby letter of credit in an equal amount to the down payment. The letter of credit ensures the down payment will be returned to the buyer if the seller does not … -
Photography
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Disaster response jobs at SBA
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Nonmanufacturer rule