Learn the basics of creating a small business marketing plan, including what to prepare beforehand and how to track the impact of your marketing efforts.
But the number — or lack — of employees doesn’t necessarily define a “small business.” A business’s size can also be determined by the number of sales, the range of individual business locations, and other factors. Along with size requirements, theSBA considers a company to be small...
You can also look into how to buy a business name if your choice is taken but not currently in use. If you don’t find the name, you can go to your local county clerk’s office and file a “Doing Business As” (DBA) or a “Fictitious Business Name” (FBN). The DBA and FBN...
Who is the best broker to sell my business?This depends on the size of the deal. Small deals (under $1M in revenue) might be best to use a service likebizbuysell.com. For larger companies, trybusinessexits.comas they specialize in selling companies with $1M to $25M in yearly revenue...
The Small Business Administration of the US is a great enabler for small businesses to make their mark in the markets. The SBA isn't a lending agency; rather, it functions as the partial guarantor for the loans a small business applies for with a lending institution, such as a bank. By...
Starting a business is a pursuit that appeals to many, but not everyone knows where to start. This guide will walk you through the elements of starting a business and explain what you can expect as you embark on the journey.
Before you can apply for a business loan, use a business loan calculator and have a good idea of how much funding you need. To answer this, you’ll have to identify what you need a business loan for.One survey found that 62% of US businesses took loans to cover operating expenses in...
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How to get a loan to buy a business It’s not always necessary to start a company from scratch these days. If you see a promising business for sale, it may be a good investment to buy it. You’ll likely need a business acquisition loan to finance the endeavor, however. Use the ste...
A business sale will also require much of your time and, once the business is sold, the need to determine some smart ways to handle the profit. The seven considerations below can help you build a solid plan and negotiate a successful transaction. Key Takeaways Once you've decided to sell ...