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Updates on the 8(a) Business Development program
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WOSB Federal Contract Program Administration
… Contract Program Administration As a contracting officer, you can help women-owned small businesses in underrepresented … to reach its 5% goal. To help your agency meet that goal, you can create set-aside or sole-source awards for … Please note that a Justification and Approval is required. When contracts are at or below $250,000, they are … -
AI for small business
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Get federal and state tax ID numbers
… Number (EIN) is your business’s federal tax ID number. You need it to pay federal taxes, hire employees, open a … of change that occurred. In general, you need a new EIN when your business’s ownership or structure changes. Check … a Social Security number. John and Kelly apply for an EIN online via the IRS EIN Assistant, free of charge. They … -
How to Get Past the Fear of Buying a Franchise
… a Franchise April 5, 2019 Before I share my ideas on how you can get past your fear of buying a franchise, I need to … this issue: It’s perfectly normal to have feelings of fear when you’re thinking about buying a franchise. Joel Libava … this issue: It’s perfectly normal to have feelings of fear when you’re thinking about buying a franchise. Let’s see if I … -
Hire and manage employees
… employees Establish a basic payroll structure to help you hire employees. Then, manage employees properly with a … needed — and post the openings on popular job boards online. John and Kelly set wages for each position, at least … disabilities , among others groups. You must also comply when terminating an employee , laying off workers, or … -
SDVOSB program administration
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You Have a Business Idea, What's Next?
… You Have a Business Idea, What's Next? October 23, 2018 You … is founder and Chairman of Palo Alto Software and bplans.com. He has an MBA from Stanford, has been married 46 years, … on Twitter as @Timberry, and blogging at timberry.bplans.com. Read more about Tim Berry You have that business idea. … -
Size standards
… or the amount of annual receipts the business has. You can find small business size regulations in Title 13 Part … must include the employees or receipts of all affiliates when determining the size of a business. Affiliation with … whether exercised or not. The power to control exists when an external party has 50% or more ownership. It may also … -
A List of Expenses You’ll Have as a Franchise Owner
… A List of Expenses You’ll Have as a Franchise Owner April 22, 2019 When you first start looking for a franchise to own, the … ongoing expenses. 4. Rent/Utilities If the franchise you buy requires a commercial space, you’ll have a monthly rent … -
Apply to be an SBIC
… Apply to be an SBIC As a licensed SBIC, you can be eligible for low-cost, government-backed capital … their investments in U.S. small businesses and startups. When it’s time to realize its investment, the SBIC repays the … License Application The License Application is submitted when the applicant has sufficient Regulatory Capital to hold … -
Taking your manufacturing business global
… Taking your manufacturing business global If you’re a small manufacturer, here’s how to work with the SBA for your trade needs. Content Are you export ready? Nearly 96% of consumers live outside the … and open new international markets. Regardless of where you are in your export journey, SBA’s team of export … -
Terms, conditions, and eligibility
… As a lender, these conditions determine which businesses you can lend to and the type of loans you can give. Content … an additional reasonable period, not to exceed 12 months, when necessary to complete the installation of the equipment … maturity of 15 years or longer, prepayment penalties apply when: The borrower voluntarily prepays 25 percent or more of … -
20 Things You Can Sell Online that You Might Not Have Thought Of
… 20 Things You Can Sell Online that You Might Not Have Thought Of … publication about small business issues, and BizSugar.com, a small business social media site. Read more about … that you may not have considered before. Website Domain When you purchase the domain for a website, you own it. That … -
Second Draw PPP loan
… Second Draw PPP loan If you have previously received a Paycheck Protection Program … between comparable quarters in 2019 and 2020. How and when to apply All Second Draw PPP Loans will have the same … to see the information that will be requested from you when you apply with a lender: PPP Second Draw Borrower … -
Manage your EIDL
… for small businesses, including traditional SBA loans . You can also access historical information about COVID EIDL … Portal to monitor your loan status or to make payments. You are responsible for your COVID-19 EIDL monthly payment … from 8:00 a.m. to 8:00 p.m. ET, Monday through Friday. When emailing SBA, remember to always include your loan or … -
7(a) secondary market
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Writing style
… some have been divided into external and internal styles when there are differences. For the style and spelling of … and the context (local, regional, or national) in which you are presenting the information. What purpose do you have … HUBZone International Trade Loan the loan Lender Match online tool Lender Match Military Reservist Economic Injury … -
5 Things To Do Before You Search For A Franchise
… 5 Things To Do Before You Search For A Franchise January 18, 2018 In this post, I’m … need to do before you start searching for a franchise to buy. Joel Libava SBA Blog Contributor Joel Libava, The … the people who will be affected the most; your family. And when you have the discussion , don’t hold back. Tell them why …