Often, entrepreneurs ask how a business LOC should be used. In previous articles we have primarily focused on the different types of business lines of credit and how they can be used in conjunction with startup operations of a business. However, in this article, we will shift our focus on how a business line of [...]
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How a Business Line of Credit Should Be Used
Posted by on June 3rd, 2010
Posted in Business Review 
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Comments OffUsing the SBA 7a Loan for a Business Acquisition
Posted by on May 22nd, 2010
One of easier ways of becoming an entrepreneur is to acquire a business that has already been established by someone else. The risks related to acquiring a business are significantly lower than starting a business from scratch. Established businesses already have customers, an operating history, and hopefully profits as well. Additionally, obtaining a business loan [...]
Posted in Business Review Tags: 7a, accountant, acquisition, acquisition purposes, anticipation, are, balance, balance sheet, bank, becoming an entrepreneur, broker, business, business acquisition, business broker, business for sale, business loan, business tax returns, cash, cash flow statements, decision, diligence, due diligence, entrepreneur, fact, financing, flexibility, flow, guarantee, history, lending, Loan, loss, necessary components, order, owner, paperwork, place, plan, pre approval, profit, profit and loss, profit and loss statements, prospective business, sale, SBA, sba guarantee, sba loan, scratch, sheet, Someone, startup, tax, time, time business, transaction, Using Comments OffWhat is the Small Business Administration?
Posted by on May 18th, 2010
The Small Business Administration is an agency of the federal government that is tasked with ensuring the small businesses are able to have access to credit, do business with the federal government, and maintain employment among small businesses. Although major corporations dominate the headlines of financial news – it is the small businesses within the [...]
Posted in Business Review Tags: 7a, access, Act, Administration, agency, behalf, brokerages, business, business act, business customers, business planning, charge, Corporation, country, deal, employment, federal government, fifty, fifty years, finance, finance companies, financial news, financing, government, historically, inception, lending, Loan, loan programs, method, news, ownership, passing, planning, propagation, rapid propagation, Reconstruction, reconstruction finance corporation, role, SBA, sba loan, sba loans, Small, small business administration, small business owners, small business ownership, small businesses, startup, startup companies, Support, trend, United States, world Comments OffWhat Is a Business Plan?
Posted by on September 27th, 2009
Business planning is about results. You need to make the contents of your plan match your purpose. Don’t accept a standard outline just because it’s there.
What is a business plan?
A business plan is any plan that works for a business to look ahead, allocate resources, focus on key points, and prepare for problems and opportunities.
Posted in Business Review Tags: advice, analysis, background, background details, bad credit, bad credit loans, bad credit mortgage, balance, bank, budget, business, business experts, business for sale, business loan, business loans, business opportunity, business plan, business planning, business worth, car finance, car loan, case, cash, cash flow analysis, company, Customer, Describe, description, development, document, doesn, Don, establishment, everything, example, example description, Executive Summary, Financial, financial history, flow, focus, format, growth, growth and development, guarantee, guide, history, home loan, Implementation, implementation details, Include, isn, keys to success, kind, last, Legal, loan credit, loans, loss, management, management team, market, market forecasts, match, matter, mission, mission statement, online business, optimize, order, outline, outlines, page, payday loan, payday loans, plan, planning, point, product, profit, profitable companies, purpose, pursuing, running a business, sample, SBA, Section, selling, Service, set, sheet, situation, small business, software, start business, starting, starting a new business, startup, startup plan, statement, strategy, success, summary, team, template, theory, track, use, used cars for sale, view, what is a business plan, Write Comments Off