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… requires federal agencies like SBA to use plain language when communicating in writing with you. Content Plain language Plain language is clear, written … Small Business Administration (SBA) to use plain language when communicating in writing with you. Our commitment SBA is …

… step. Conduct market research Market research will tell you if there’s an opportunity to turn your idea into a … for how to structure, run, and grow your new business. You’ll use it to convince people that working with you — or … setting up a brick-and-mortar business or launching an online store, the choices you make could affect your taxes, …

… disadvantage with a narrative to support eligibility If you were originally admitted to the 8(a) program because the … a narrative as part of the original application), you will not need to submit a new narrative.  All current … and am required to submit a social disadvantage narrative. When must I submit one by?  SBA strongly encourages …

… allows small businesses to be more competitive in today’s fast-paced economy.  The federal government has adopted … or avoid disaster damage. Rate optimizers can help lessen shipping costs. AI can even help you find ways to mitigate … improve communications. Create business content.  Get help when editing photos or videos. Draft a business plan. Write …

… 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 …

… 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 …

… 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 As a contracting officer, you can help disabled veterans’ businesses get their fair … business program contracts As the contracting officer, you’re responsible for determining the type of contract to … requirements or $4 million for all other requirements. When contracts are worth at or below $250,000, they are …

… 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. …

… 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 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 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 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 …

… 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 … 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 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 …

… secondary market for loans backed by the SBA. As a lender, you can sell the guaranteed portion of an SBA loan, increasing your liquidity and enabling you to issue more loans. Content SBA Secondary Market Program … credit and SBA securitizations involving 7(a) loans. You must submit these documents with requests for the SBA’s …

… 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 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 …

… choose their tax year to be the same as the calendar year. You select your tax year the first time you file for taxes, but you can change it later with … authority to find out how much you need to withhold and when you need to send it to the state. Find your state tax …