Tag: up

Lessons Learned, start up business.#Start #up #business


Lessons Learned

Start up business

Wednesday, November 8, 2017

“The Startup Way” is Headed to London

Since The Startup Way came out on October 17th, I ve had a great time traveling with the book, speaking to audiences, and meeting amazing people creating change in all types of organizations. From New York, Philadelphia, and Boston to Los Angeles and San Francisco, entrepreneurs came out to share their enthusiasm — you really are everywhere. Some great new reviews and interviews from smart, generous readers since my last post:

In addition to all the great press, I was honored to see the book make the Wall Street Journal bestseller list in its first week on shelves.

Next stop on the book tour: London. My UK publisher has put together a packed schedule and I can t wait to talk about The Startup Way across the pond. You can learn more about each event and access tickets at the links below:

Nov 13 | Tech City Nations | 6:00pm | Cass Business School

Back in the US, the first printing of the hardcover edition is selling fast, but if you buy one now you can still get all the bonus content we ve created, accessible only with a unique code printed inside the first edition US print run.

We ll be adding more content over time as well, so be sure to pick up your hardcover copy while supplies last. Don t forget to tweet a photo of your book to see it on thestartupway.com

Start up business

Tuesday, October 24, 2017

What’s Next for “The Startup Way”

10/25 | Los Angeles, CA | 7:45am | Cross Campus Downtown LA

In conversation with Todd Connor, Founder and CEO, Bunker Labs

In conversation with Todd Park, former US CTO

Start up business

Monday, October 16, 2017

Publication Day for “The Startup Way”

Start up business

Today, my new book, The Startup Way, finally hits bookshelves! It’s a huge day for any author, but I also hope it can be a huge day for the future and growth of the startup movement and for the future of our country.

Start up business

Insights on how continuous innovation leads to continuous transformation in @ericries new book The #StartupWay. http://bit.ly/2y3lIeY

The #LeanStartup has grown up to become The #StartupWay, w/innovation framework for orgs of every size. Out now! http://bit.ly/2y3lIeY

Entrepreneurial mgmt is difference btwn modern old fashioned co s. @ericries new book #StartupWay shows why. http://bit.ly/2y3lIeY

Wednesday, October 11, 2017

We re Programming Around Your Needs: Highlights of Lean Startup Week 2017

For eight years, our flagship conference has focused on sharing stories and lessons of putting Lean Startup s entrepreneurial methodology into practice. We ve hosted talks, workshops, and interactive sessions on the challenges and successes of modern management techniques from a wide variety of business leaders around the world. Lean Startup Week (Oct. 30 – Nov. 5 in San Francisco) allows you to experience seven days of interactive innovation training from our experts and true Lean Startup practitioners in a city that s known for being the hotbed of high-growth startups and iconic tech companies (not to mention a great place to eat, drink, sightsee, and shop while you re talking shop).

This year, we re really honing in on the feedback from our past conferences, as well as our smaller, more focused conferences in New York and London this year. What we heard was that you want more opportunities to have your specific challenges answered so to that end, we ve added new sessions where you can ask our experts your questions directly, including Roundtable Discussions and Live Office Hours with Eric for all attendees, along with our regularly popular sessions such as Speed Mentoring , Networking Dinners , and our Women s Breakfast . We re also working very closely with all of our speakers to ensure that the expert knowledge they impart is not only in line with Eric s new book, The Startup Way , but focuses on actionable takeaways.

Here are some of the specific things we want to help you tackle:

  • Connecting with like-minded entrepreneurs and experts who share your challenges and concerns
  • Turning an old school-minded organization on to modern entrepreneurial management techniques
  • Starting and scaling an innovation practice in your organization
  • Connecting Lean methodology to hiring, team-creation, organizing boards, leading engineering teams, and more
  • Ensuring your organization remains committed to innovation practices as you grow

    We ll help you with these solutions by approaching them from a variety of formats:

    Sounds great! So how to attend?

    If you haven t been to one of our Lean Startup Conferences, this is the year you won t want to miss. So get ready to take selfies with the Bay Bridge, snag a burrito in the Mission district, and step foot into some of the hottest tech companies up and down Market St. We have passes for all budgets:

    Gold Pass – For those who are serious about diving deep into the Lean Startup methodology and getting hands-on experience, join us for the full seven days of innovation training at Lean Startup Week (Oct. 30 – Nov. 5). This is perfect for teams looking for their best off-site yet! Register here.

    Silver Pass – For those who are tight on time but want to get highlights of what we offer, get access to the two-day main conference on Nov. 2 3 and a seat at our Ignite Opening Night on Nov. 1.

    Bootstrapper Pass – Offers the same benefits as the Silver Pass, but brings the cost of the conference down to $350 for people who otherwise wouldn t be able to attend (think: fledgling solopreneurs, employees at very young startups, and small non-profits). Apply for a Bootstrapper Pass here.

    Livestream – Because we re all about community building, we invite you to host or join one of our free livestream meetups. Get details here. You get all the mainstage talks and the most popular breakouts, along with access to live Q A and moderated chat.

    Volunteer – If you re a student, you can apply to volunteer here . Pitch in for a shift, and we ll give you a Silver Pass.

    We hope you ll join us in San Francisco at the end of this month!


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    Canadian Government Grants & Loans – Small Business Financing, start up business grants.#Start #up

    Try the Grant Finder Search Engine

    Search through 926 government programs

    Many government programs have a limited window for when they accept new applications. Don’t risk losing your chance to receive funding.

    Ready to Get Started?

    Or fill out the form below to get in touch with one of our Funding Experts.

    Start up business grants

    Start up business grants

    Start up business grants

    The recipients in these stories took the first step and contacted our Centre to learn about their funding options. Although we cannot guarantee you will get funding, the more you know about others experiences the better your chances.

    CFSBF has no affiliation with any program, and no claim is made that funding is guaranteed.

    View Funding By:

    Get Expert Help

    Find out if you may be eligible for funding

    Call: 1 866 682 2402

    Still not sure where to start? Our in-house group of experts can help. Give us a call or fill out the form below to begin.

    For More Info Call 1 866 682 2402

    Find out if you may be eligible for funding

    Call: 1 866 682 2402

    Still not sure where to start? Our in-house group of experts can help. Give us a call or fill out the form below to begin.

    Government Money May be Available For Your Business

    Search through 926 government programs

    You may be eligible for.

    Many government programs have a limited window for when they accept new applications. Don’t risk losing your chance to receive funding.

    Time Left To Register Today

    Ready to Get Started?

    Call Us for More Info 1 866 682 2402

    Or fill out the form below to get in touch with one of our Funding Experts.


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    Business Support in the East Midlands with NBV, start up business grants.#Start #up #business

    Business Support When You Need It

    Start up business grants

    Start Up Support

    Got a great business idea? NBV are here to help! Access FREE workshops to get you up and running through the Starting In Business Programme.

    Start up business grants

    NBV Property

    NBV can provide you with serviced office space, virtual office tenancy, meeting space, media studio and more! Take a closer look at how NBV can help your new or growing business.

    Start up business grants

    Business Funding

    In the past three years, NBV have directly supported clients to access more than £2m in grant funding and around £500,000 in loans. Find out how NBV can help your business access the finance it needs.

    Start up business grants

    Training Events

    Professional Training Courses, Events, and Opportunities

    Here you will find all the NBV and partner Training Courses events and opportunities across the East Midlands. If you are holding an event you think we should know about, please get in touch via our contact page.

    Download Your Guide to NBV’s Business Services

    Start up business grants

    We ve helped an average of 7 businesses to start up each week for the last 3 years!

    More than this, we ve been helping small businesses with support and funding in the East Midlands since 1982

    Grants Awarded

    £2,330,435

    Loans Awarded

    £695,366

    Businesses Started

    What Our Customers Are Saying

    Don t just take it from us, let our customers do the talking!

    The NBV Start Grow scheme has highlighted a major financial flaw in my business and I’m relieved this was noticed at the beginning of my business journey

    Vegan Gluten Free Desserts

    I found my NBV adviser’s knowledge and support to be priceless and would recommend the Start and Grow programme to anyone looking to start up their own business

    Taylor Made Plumbing

    NBV gave me honest impartial guidance to enable me to attain and continue to achieve a successful business, you cannot put a value on that.

    Edward and Vintage

    NBV News and Articles

    Keep up to date with business news, articles and professional tips via our news blog. See more here

    NBV Client Aimee Johnstone nominated for Sole Trader of the Year Award

    NBV are delighted to congratulate client Aimee Johnstone who has been shortlisted for “Sole Trader of the Year” at Nottingham Post’s Women in Business Awards 2017. Aimee was thrilled when she found out, telling us “The chance to be a finalist in the Nottingham Post.

    Derby’s Market Hall announced as the new venue for Small Business Saturday UK

    Derby’s historic Market Hall, in conjunction with Derby City Council and Essential Print Services, will be hosting ‘Derby’s Festival of Small Businesses’ to celebrate the fifth year of Small Business Saturday UK. The Market Hall event will offer two free business.


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    Small Business Grants – How and Where To Apply, start up business grants.#Start #up

    Small Business Grants – How to Find Them and How to Qualify

    Start up business grantsSmall business grants are financial assistance programs available to entrepreneurs and business owners in the United States who have fewer than 500 employees. The funding can come from a government agency, a non-profit organization, or another for-profit company. Awards typically range from $500 to up to $100,000.

    Eligibility varies, and can depend on your location, your income, your ethnicity, your gender, your experience in business, as well as your longetivity in business. Some small business grants can even require that you participate in a competition or write an essay to demonstrate your talents or need.

    Here are 5 great ways to find what opportunities are available to you:

    1) Check With Your Local Government Agencies. Many cities, counties, and states give away money to local businesses. Why? Because they want you to create jobs and more tax revenue. Many times they won’t highly publicize these opportunities, but it’s in your best interest to give them a call and/or search their web sites.

    2) Check With Federal Government Agencies. The federal government doesn’t give grants directly to businesses, but they do give money to foundations who in turn can give money to small businesses. The federal agency in charge of this is the Grants Program Management Office, and all of their opportunities are listed publicly online.

    3) Check With Major Corporations. Nearly every major corporation in this country has a foundation that gives away grants to enhance communities, and many of these are grants to start or expand a business. Start by checking first with big companies that are headquarted in our city or state.

    4) Search The Internet. Use Google, Yahoo and Bing to conduct a search using the term business grants . You can even throw in the name of your city, county, state, etc. Carefully review the results, and look for web sites that other web sites are linked to. Doing so, will help you to find opportunities that may be casually listed on a blog or some type of directory. You may even come across a recent news article about a new opportunity.

    5) Ask Around. When attending professional networking functions and social mixers, never hesitate to ask people that you meet about new opportunities. Many times, small business grants are given away to people who happen to be in the right place at the right time. Never underestimate the importance of creating a relationship with a power player and his/her associates.

    6) Visit Your Local Library. Contrary to popular belief, libraries are still an excellent resource and store a lot of information that is not accessible in other places. Go to your library as soon possible; look for grant books and directories and ask specific questions to your librarian. You’ll be surprised what you can find.

    #1 – Caleb Brown Community Business Grant Program

    Provides access to “seed money” and grants to assist urban professionals with starting businesses and rebuilding the community.

    #2 – DOT Disadvantaged Business Enterprise Program

    Offers grant funding to provide training and other services to minority-owned and women-owned businesses to help them compete for highway contracts.

    Allows business owners and entrepreneurs to register and submit their business story and photos, get voted for, and be considered among the top 100 finalists and the winners.

    Allows fans, including customers, vendors, employees, and the community, determine who deserves some love – in the form of financial assistance for their business.

    #5 – Minority Business Development Agency (MBDA) Business Grants

    Every year, the MBDA organizes various angel investors with the primary objective of supporting minority businesses with mezzanine and second round financing.

    #6 – Miller Lite Tap the FutureВ® Business Plan Competition

    Annual competition for minority entrepreneurs that gives away business grants to applicants who submit the best business plans. (Formally called MillerCoors Urban Entrepreneur Series).

    #7 – National Association For The Self-Employed (NASE) Growth Grants

    Business owners can apply for a $5,000 grant useful for financing a particular small business need.

    #8 – Rural Business Enterprise Grants (RBEG) Program

    P rovides grants to finance the development of small and emerging businesses in rural areas, to be used for land acquisition, etc.

    The SBA and it’s various initiatives award $2 billion in grant funding and loans to small high-tech businesses annually.

    #10 – Small Business Innovation Research (SBIR) Grants

    The SBA and it’s various initiatives award $2 billion in grant funding and loans to small high-tech businesses annually.

    Provides veterans who own franchises with financial grants for business development, education, training, and/or technical assistance.

    Provides technical assistance to women entrepreneurs, both new and established, in the areas of finance, management, and marketing, and other areas.


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    Business News, The Kansas City Star, business start up.#Business #start #up


    Business News | The Kansas City Star

    Business

    Business start up

    Business

    Kansas City s Harley-Davidson plant makes newest model to hit the market

    Assembly of the Harley-Davidson Sport Glide motorcycle began this summer at the company’s assembly plant east of Kansas City International Airport.

    Business start up

    Kale smoothies, avocado toast among the offerings at this new Troost restaurant

    New Overland Park restaurant serves Indian barbecue kebabs (and sides)

    Updates: Veterans Day free meals, deals discounts in the Kansas City area

    It s like darts, but with axes: Ax throwing club hits West Bottoms

    Thrillist picks Plaza area steakhouse as one of the 31 best in the nation

    Business start up

    TV News & Reviews

    KCTV and KSMO replace general manager with former business manager

    Meredith Corp., which owns the two stations, did not say why its own vice president of finance has succeeded Kansas City general manager Mike Cukyne.

    Business start up

    Health Care

    Kansas City area medical practice falls into bankruptcy

    Kansas City Internal Medicine filed for bankruptcy on Wednesday. Some of its doctors are joining the HCA Midwest Physicians network.

    Business start up

    Government & Politics

    How about another election? KC council plans to ask for key vote in April

    The City Council set in motion plans for an April election to extend the one-cent sales tax for capital improvements. The city collects about $70 million a year from the tax, first approved by voters in 2007 and which is up for renewal next year.

    Business start up

    Cityscape

    Updates: Veterans Day free meals, deals discounts in the Kansas City area

    Discounts for veterans and active duty military run through Nov. 13. They include free or discounted meals, free haircuts and discounts on merchandise.

    Business start up

    Government & Politics

    Poll showed new KCI had big lead but supporters kept it under wraps

    As Election Day loomed, “cautiously optimistic” was the mantra chanted by advocates for a transformed Kansas City International Airport. They expected a win, but said it would be close.

    Business start up

    Government & Politics

    With KCI votes counted, when will we see the wrecking ball?

    Kansas City voters strongly approved a new terminal at KCI, but don’t expect to see construction at the airport just yet.

    Business start up

    Cityscape

    It s like darts, but with axes: Ax throwing club hits West Bottoms

    Blade & Timber is now open at 1101 Mulberry St. in the West Bottoms. Players enter a lane to throw an ax at a target, much like in darts.

    Business start up

    Government & Politics

    KC voters give overwhelming approval to KCI single terminal

    Everywhere in the Kansas City, voters handed City Hall huge support for a new terminal at KCI. It had been a difficult climb from a period of opposition and distrust to the idea, but in the end, Kansas Citians wanted to see the three-terminal design replaced with a modern structure.

    Business start up

    Cityscape

    Kale smoothies, avocado toast among the offerings at this new Troost restaurant

    Ruby Jean’s Juicery plans a Nov. 11 opening at 3000 Troost. A new convenience store gas station plans to open later this year at 5901 Troost.

    National & International

    Hawaii judge dismisses lawsuit against seed company, board

    A judge in Hawaii dismissed a lawsuit that sought an environmental review of the actions by a seed company operating on the island of Kauai.

    Business start up

    National & International

    The Latest: Trump back on defensive over Russia meddling

    President Donald Trump is back on the defensive over Russian election meddling and accusing Democrats of trying to sabotage U.S.-Russia relations.

    National & International

    Lawmakers seek review of Eversource’s response to wind storm

    Two Connecticut senators want General Assembly to hold public forum on Eversource Energy’s response to October wind storm.

    Business start up

    National & International

    Trump calls Putin sincere, ex-US intelligence heads ‘hacks’

    President Donald Trump is back on the defensive over Russian election meddling, saying he considers President Vladimir Putin’s denials sincere, dismissing former U.S. intelligence officials as “hacks” and accusing Democrats of trying to sabotage relations.

    National & International

    Report: Inspection found 13 defects on CSX track last year

    A federal inspection in June of last year reportedly found 13 defects on CSX track in Bergen County, a route that has become a corridor for shipping crude oil and ethanol to refineries.

    Business start up

    Entertainment

    George Takei, Richard Dreyfuss respond in harassment scandal

    George Takei, Richard Dreyfuss latest celebrities swept up in Hollywood sexual harassment, assault scandal.

    National & International

    US Senate passes Veteran’s Administration bill by Oklahomans

    A bill by Republican Sens. James Lankford and Jim Inhofe intended to address the care of military veterans in Veteran’s Administration hospitals has passed the U.S. Senate.

    Technology

    The Latest: Outside firm to look into harassment allegations

    Minnesota’s House speaker says an outside firm will investigate allegations of sexual harassment by a lawmaker.

    National & International

    Southern California plant flourishing under bomber program

    Southern California aerospace flourishing thanks to bomber boom.

    Business start up

    National & International

    Next election up: A mayor race in New Mexico’s biggest city

    Voters in New Mexico’s largest city are preparing to choose its next mayor after the Republican incumbent opted not to seek re-election.


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    Home, Business Victoria, small business start up.#Small #business #start #up


    Site Navigation Menu

    Small business start up

    Small business start up

    Advancing Victorian Manufacturing is the Victorian Government’s blueprint for growth of manufacturing in Victoria.

    Small business start up

    You can do good and make money at the same time. That’s the message from Bessi Graham of The Difference Incubator.

    Small business start up

    Victorian Government support is available to businesses experiencing significant rises to gas and electricity costs.

    Small business start up

    Small Business Victoria Workshops are low cost, practical and run by experts in their fields year round across metro and regional Victoria.

    Small business start up

    To help get your business moving, the Small Business Bus is now touring Victoria bringing expert advice and assistance to you.

    Small business start up

    Find everything you need to know about grants and assistance programs to start, run and grow your business.

    Small business start up

    ABLIS is a free online tool which helps you find government licences, permits and registrations applicable to your business.

    Small Business Victoria Update

    Tips, tools, news and events to help you run and grow your business – delivered fortnightly.


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    Accion, Small Business Loans, start up business loans.#Start #up #business #loans


    Launching Dreams, Empowering Entrepreneurs

    Accion believes entrepreneurs create vibrant communities. We deliver a level of personalized service you won’t find at any other lender. Capital is just one tool you need to reach your goals, and we partner with you every step of the way.

    Delivered to small business owners

    Years of lending experience in the U.S.

    500,000+

    Entrepreneurs across the country served

    Start up business loans

    What Makes Us Different

    Loans designed to help you succeed, with terms specific to your needs and goals.

    Champion for Small Business

    We are leaders in the responsible lending movement and dedicated to advancing local and national initiatives that support and empower entrepreneurs.

    Access to business experts, special events, networking, and opportunities from our partners, as well as exclusive online resources help you take your business to the next level.

    Every community has a unique business climate. Our on-the-ground expertise keeps you ahead of the curve no matter where you operate.

    We match every borrower with a knowledgeable loan expert who provides personalized guidance through the loan process and beyond.

    Simple Online Application

    In less than 15 minutes, you could be on your way to getting the capital you need to run the business you love.

    Hear What Business Owners Are Saying

    A loan is an opportunity for a better future. Meet some of the entrepreneurs who have used Accion loans and support to grow their business.

    Maria Harrison
    Tea Gallerie

    “We were so happy that someone believed in us. Accion is a financial partner and a supportive community partner.”

    Odilon Celestin
    C M Sweet Bakery

    “Accion doesn’t just give you money they help you survive. My dream came true because I didn’t give up.”

    Scott Carpenter
    Underground Fitness

    “I hit a lot of dead ends. Then I found Accion.”

    Pamela A. Jones
    Charboy’s

    “At Accion, the loan process was straightforward. Now I have a whole line of sauces in 200 stores.”

    What to Expect

    A fast and simple online application experience paired with unmatched personalized service for every applicant.

    Start up business loans

    Apply online, in person or call us

    Get started by telling us about your business and financing needs. We welcome the chance to get to know you and your business. Questions? We are here to help.

    Start up business loans

    Get a solution that fits your needs

    Our loan experts work one-on-one with you to tailor solutions to you, your business and your goals.

    Start up business loans

    Get the support you want

    We want to be your most trusted resource. We’ll work with you every step of the way to put your loan to work and get your business on the right track.

    Because we believe you deserve an efficient and transparent borrowing experience, we are a signatory of the Small Business Borrowers Bill of Rights.

    Business Resources

    Getting the capital your business needs is just one piece of the puzzle. Explore our library of tips, articles and videos to help your business grow.

    Start up business loans

    article

    10 Essential Tips for Growing Your Business

    Start up business loans

    program

    Brewing the American Dream

    Start up business loans

    video

    3 Vital Components to Your Business Plan

    Free Small Business Owner’s Toolkit

    Running a business is hard work, but we re here to help. Get tips on everything from setting up your business to creating a website to paying taxes, based on Accion s experience helping entrepreneurs in every industry across the U.S.

    Start up business loans

    2017Accion is a 501(c)(3) nonprofit organization. All rights reserved.

    Start up business loans

    “At Accion, the loan process was straightforward. Now I have a whole line of sauces in 200 stores.”


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    Business Support in the East Midlands with NBV, start up business loans.#Start #up #business

    Business Support When You Need It

    Start up business loans

    Start Up Support

    Got a great business idea? NBV are here to help! Access FREE workshops to get you up and running through the Starting In Business Programme.

    Start up business loans

    NBV Property

    NBV can provide you with serviced office space, virtual office tenancy, meeting space, media studio and more! Take a closer look at how NBV can help your new or growing business.

    Start up business loans

    Business Funding

    In the past three years, NBV have directly supported clients to access more than £2m in grant funding and around £500,000 in loans. Find out how NBV can help your business access the finance it needs.

    Start up business loans

    Training Events

    Professional Training Courses, Events, and Opportunities

    Here you will find all the NBV and partner Training Courses events and opportunities across the East Midlands. If you are holding an event you think we should know about, please get in touch via our contact page.

    Download Your Guide to NBV’s Business Services

    Start up business loans

    We ve helped an average of 7 businesses to start up each week for the last 3 years!

    More than this, we ve been helping small businesses with support and funding in the East Midlands since 1982

    Grants Awarded

    £2,330,435

    Loans Awarded

    £695,366

    Businesses Started

    What Our Customers Are Saying

    Don t just take it from us, let our customers do the talking!

    The NBV Start Grow scheme has highlighted a major financial flaw in my business and I’m relieved this was noticed at the beginning of my business journey

    Vegan Gluten Free Desserts

    I found my NBV adviser’s knowledge and support to be priceless and would recommend the Start and Grow programme to anyone looking to start up their own business

    Taylor Made Plumbing

    NBV gave me honest impartial guidance to enable me to attain and continue to achieve a successful business, you cannot put a value on that.

    Edward and Vintage

    NBV News and Articles

    Keep up to date with business news, articles and professional tips via our news blog. See more here

    NBV Client Aimee Johnstone nominated for Sole Trader of the Year Award

    NBV are delighted to congratulate client Aimee Johnstone who has been shortlisted for “Sole Trader of the Year” at Nottingham Post’s Women in Business Awards 2017. Aimee was thrilled when she found out, telling us “The chance to be a finalist in the Nottingham Post.

    Derby’s Market Hall announced as the new venue for Small Business Saturday UK

    Derby’s historic Market Hall, in conjunction with Derby City Council and Essential Print Services, will be hosting ‘Derby’s Festival of Small Businesses’ to celebrate the fifth year of Small Business Saturday UK. The Market Hall event will offer two free business.


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    Small-Business Loans – 3 ways to get a loan, start up business loan.#Start #up

    3 ways to get a small-business loan

    The recovering economic environment has meant that small businesses have had to be more creative when looking for loans.

    However, companies with sound business strategies still can borrow. Options include loans from traditional banks and institutions affiliated with the Small Business Administration, as well as financing from Internet-based lenders.

    “For creditworthy, high-scoring small businesses, there is money available,” says George Cloutier, CEO of American Management Services, a consultant to small businesses.

    Bank loans

    The best place to get a small-business loan is still a bank, says Cloutier. Banks typically offer the lowest interest rates and many have established reputations as trustworthy lenders.

    “Many small businesses try three or four banks and then stop looking,” Cloutier says. A more persistent approach has better odds of success.

    Calculate business loan payment

    Want to calculate your small-business loan payment? Go to Bankrate’s loan and amortization calculator.

    “Take out the phone book, target 10 banks and work through that list,” he says.

    That strategy worked for Michael McKean. He is founder of The Knowland Group, a company that helps hotels fill up their meeting space.

    A few years ago, as the success of The Knowland Group grew, McKean began searching for a bank that would give the growing company expanded access to credit.

    “We talked to every bank in our area, at least a dozen,” McKean says. “Many came back with proposals, but the terms were very onerous. Or sometimes they shifted terms.”

    Finally, M T Bank came through.

    “They just wanted to get our business,” McKean says.

    McKean says his company did not approach M T any differently than it had approached the other banks. It was just a matter of being persistent until the right deal came along, he says.

    “We did everything right, approaching the right person at each bank,” he says. “We’re a profitable business. I think it was just the … credit crunch that prevented us from getting a loan.”

    Cloutier says the key to success with banks is to show past profitability, and to describe a well thought-out plan for future profits.

    “If you aren’t making a profit now, you must be able to tell the bank how you will change that in the short term, or you really won’t be able to get a loan,” he says.

    He also recommends that businesses start small in their loan requests.

    “If you need money for four trucks, ask for two,” Cloutier says. “The bigger the loan request, the harder it is to get it approved.”

    SBA loans

    Another way to find a bank loan is through the Small Business Administration, or SBA. The SBA can direct you to banks that offer loans guaranteed by the agency. This way, you’ll have the advantage of approaching banks specifically interested in lending to small businesses.

    Interested businesses should contact the SBA office nearest to them, which can be found on the agency’s website. Jeanne Hulit, the SBA’s acting administrator, urges businesses to seek a bank that is an experienced SBA lender.

    Banks granting SBA loans place increased emphasis on business plans, cash flow and profit forecasts in deciding whether to lend, she says. The SBA also can refer businesses to free counseling centers to improve their performance.

    Online opportunities

    Another source for loans is the Internet. There are several sites where businesses can seek alternative lenders, such as individuals and small companies.

    Interest rates are generally a little higher than what a bank will charge, but it’s much less than what you’ll have to pay on many credit cards.

    Look around at different sites, some may charge a one-time fee to list your business, while others are free to list but might have fees reflected in loan rates.

    If you’re going to list your company on one of these sites, describe your business in clear and concise language.

    Lastly, make sure to investigate the company you are looking to post your business on. These kinds of companies were successful in 2008 and during the recession, but times have changed. Many have since gone out of business. Before paying for anything, make sure the company is legit.


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    Small-Business Loans – 3 ways to get a loan, start up business loan.#Start #up

    3 ways to get a small-business loan

    The recovering economic environment has meant that small businesses have had to be more creative when looking for loans.

    However, companies with sound business strategies still can borrow. Options include loans from traditional banks and institutions affiliated with the Small Business Administration, as well as financing from Internet-based lenders.

    “For creditworthy, high-scoring small businesses, there is money available,” says George Cloutier, CEO of American Management Services, a consultant to small businesses.

    Bank loans

    The best place to get a small-business loan is still a bank, says Cloutier. Banks typically offer the lowest interest rates and many have established reputations as trustworthy lenders.

    “Many small businesses try three or four banks and then stop looking,” Cloutier says. A more persistent approach has better odds of success.

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    “Take out the phone book, target 10 banks and work through that list,” he says.

    That strategy worked for Michael McKean. He is founder of The Knowland Group, a company that helps hotels fill up their meeting space.

    A few years ago, as the success of The Knowland Group grew, McKean began searching for a bank that would give the growing company expanded access to credit.

    “We talked to every bank in our area, at least a dozen,” McKean says. “Many came back with proposals, but the terms were very onerous. Or sometimes they shifted terms.”

    Finally, M T Bank came through.

    “They just wanted to get our business,” McKean says.

    McKean says his company did not approach M T any differently than it had approached the other banks. It was just a matter of being persistent until the right deal came along, he says.

    “We did everything right, approaching the right person at each bank,” he says. “We’re a profitable business. I think it was just the … credit crunch that prevented us from getting a loan.”

    Cloutier says the key to success with banks is to show past profitability, and to describe a well thought-out plan for future profits.

    “If you aren’t making a profit now, you must be able to tell the bank how you will change that in the short term, or you really won’t be able to get a loan,” he says.

    He also recommends that businesses start small in their loan requests.

    “If you need money for four trucks, ask for two,” Cloutier says. “The bigger the loan request, the harder it is to get it approved.”

    SBA loans

    Another way to find a bank loan is through the Small Business Administration, or SBA. The SBA can direct you to banks that offer loans guaranteed by the agency. This way, you’ll have the advantage of approaching banks specifically interested in lending to small businesses.

    Interested businesses should contact the SBA office nearest to them, which can be found on the agency’s website. Jeanne Hulit, the SBA’s acting administrator, urges businesses to seek a bank that is an experienced SBA lender.

    Banks granting SBA loans place increased emphasis on business plans, cash flow and profit forecasts in deciding whether to lend, she says. The SBA also can refer businesses to free counseling centers to improve their performance.

    Online opportunities

    Another source for loans is the Internet. There are several sites where businesses can seek alternative lenders, such as individuals and small companies.

    Interest rates are generally a little higher than what a bank will charge, but it’s much less than what you’ll have to pay on many credit cards.

    Look around at different sites, some may charge a one-time fee to list your business, while others are free to list but might have fees reflected in loan rates.

    If you’re going to list your company on one of these sites, describe your business in clear and concise language.

    Lastly, make sure to investigate the company you are looking to post your business on. These kinds of companies were successful in 2008 and during the recession, but times have changed. Many have since gone out of business. Before paying for anything, make sure the company is legit.


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