Prepare Your Business Finances
Before you head to your bank or credit union to apply for a loan, be sure that you understand your situation and your options. What are your startup costs? At what level of revenue will your business break even? And how does SBA assist new businesses when it comes to financing?
Understanding the Basics
Have you thought about how you are going to fund your business? When considering financing options, it’s a good idea to have an understanding of your financing needs as well as the types of options that available to help you start and ...
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Breakeven Analysis: How to Know When You Can Expect a Profit Breakeven analysis is used to determine when your business will be able to cover all its expenses and begin to make a profit. It is important to identify your startup ...
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SBA Success Story
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Rosemary Hines and her husband, Doran, purchased an old, rundown dry cleaners August 15, 1986. They had been working in the oil field when the bust...
James Edward (Jim) Marchessault, CEO and President, Business Card Service, Inc. based in Burnsville, Minn., has been named the Minnesota Small...
Almost every red-blooded female in the United States and much of the male population is passionate about chocolate. We love it, crave it, covet...