레이블이 How to Get a Small Business Loan인 게시물을 표시합니다. 모든 게시물 표시
레이블이 How to Get a Small Business Loan인 게시물을 표시합니다. 모든 게시물 표시

2013년 11월 28일 목요일

About 'loan for a small business'|Applying for a small business loan







About 'loan for a small business'|Applying for a small business loan








When               you               are               a               small               business               seeking               out               additional               funding               for               your               various               business               ventures,               there               are               several               places               where               you               can               receive               the               finances               you               need.

Some               of               these               places               include               getting               a               loan               from               a               bank               or               opening               a               small               business               credit               card.

However,               there               is               a               very               popular               method               of               obtaining               finances               for               a               small               business,               and               that               is               through               a               small               business               grant.

However,               how               do               you               get               a               small               business               grant?

The               answer               to               that               is               simple,               by               writing               a               small               business               grant               letter.

Yet,               there               are               several               tips               that               will               help               you               obtain               a               small               business               grant,               and               when               you               use               them               your               chances               of               being               rewarded               with               this               government               money               are               increased.
               Before               you               even               begin               writing               your               small               business               grant               proposal               letter,               you               must               first               find               a               grant               for               your               particular               needs.

Searching               for               a               small               business               grant               is               very               time               consuming,               thus               before               you               even               begin               to               think               about               obtaining               a               small               business               grant,               you               must               ensure               that               you               have               the               time               and               money               to               do               extensive               research               in               finding               a               small               business               grant.
               If               you               feel               you               have               the               time               to               perform               such               a               search,               than               great,               however,               if               you               do               not               have               the               time               or               resources               to               perform               this               inquiry,               than               there               are               other               options.

You               can               hire               a               grant               consultant               if               you               need               help               in               securing               and               negotiating               grants               for               your               small               business,               however,               this               is               an               expensive               alternative               and               if               you               don't               have               the               extra               finances               this               isn't               a               viable               option.
               But               many               small               businesses               still               have               a               resounding               question,               "Where               can               I               find               small               business               grants?"               The               best               place               to               start               your               small               business               grant               search               is               by               turning               to               the               Catalog               of               Federal               Domestic               Assistance,               or               CFDA.

This               catalog               lists               all               of               the               government               grants               you               can               choose               from,               and               the               best               part               of               all               is,               it               is               free.

However,               you               will               quickly               find               that               most               small               business               grants               are               made               for               minority               businesses               and               other               rural               businesses.

Yet,               there               are               grants               that               are               made               for               equipment               and               training.

If               you               search               hard               enough,               there               is               a               small               business               grant               for               nearly               every               type               of               business,               all               it               takes               a               little               perseverance               and               a               lot               of               patience.
               Whenever               you               find               a               small               business               grant,               be               prepared               for               a               very               lengthy               approval               process,               sometimes               this               process               can               take               in               upwards               of               a               year.

Yet               there               are               several               tips               that               you               can               utilize               to               help               make               the               approval               process               go               quicker.
               Make               sure               that               all               of               your               applications               are               completely               filled               out               with               accurate               information.

By               turning               in               incomplete               or               inaccurate               applications               the               approval               process               will               come               to               a               stand-still               adding               literally               months               to               your               final               answer.

Be               as               professional               as               possible.

Always               have               a               full               business-plan,               even               if               one               isn't               initially               required.

               By               obtaining               as               much               information               about               your               company               and               its               business               practices               and               plans,               you               will               be               able               to               provide               more               than               enough               information               to               the               grant               office,               thus               expediting               the               process.


               If               needed,               hire               a               grant               consultant.

This               is               a               slightly               more               expensive               route               to               take,               however,               it               can               help               save               you               time,               and               ultimately               money.

Maintain               an               open               line               of               communication               with               the               grant               office.

Check               in               with               them               periodically,               however,               do               not               be               over-zealous               with               your               communications,               as               this               will               aggravate               the               grant               office.

               Whenever               you               speak               with               your               grant               officer               make               sure               you               are               polite               and               professional.

You               attitude               towards               the               process               and               willingness               to               work               with               the               grant               office               can               be               the               one               thing               that               allows               you               to               gain               your               finances               quicker,               or               it               can               be               the               demise               of               the               entire               process.


               





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    2013년 11월 24일 일요일

    About 'loans to small business'|Don’t Fail to Investigate Canada Government Grants and Loans – The Small Business Loan Program Works!







    About 'loans to small business'|Don’t Fail to Investigate Canada Government Grants and Loans – The Small Business Loan Program Works!








    Small               Business               credit               is               a               must               for               any               new               business               owner               or               a               seasonally               established               business               owner.

    Small               business               credit               is               credit               specifically               for               your               business               name,               it               is               somewhat               similar               to               credit               you               have               created               for               you               on               a               personal               level,               however               there               are               different               steps               involved               from               establishing               personal               credit.

    Step               1:               Choose               your               business               structure               and               obtain               an               EIN
                   In               order               to               protect               your               personal               assets               it               is               best               to               keep               your               business               separate               from               your               personal               finances.

    One               way               to               accomplish               this               is               by               deciding               how               much               you               are               willing               to               risk               if               you               are               sued               by               a               customer               or               if               your               company               goes               bankrupt.

    Thoroughly               research               the               different               business               entities               and               the               risk               factors,               both               with               your               responsibility               and               the               tax               liability               before               moving               forward.
                   Obtaining               an               EIN               is               simple.

    Go               to               www.irs.gov               and               follow               the               steps               to               apply               under               the               "Business"               tab.

    There               is               also               information               on               the               IRS               website               that               explains               the               difference               between               an               LLC,               Corporation,               Partnership,               and               Sole               Proprietorship               or               DBA.
                   Step               2:               Register               you               business               with               the               business               credit               bureaus
                   Yes               there               are               credit               bureaus               specifically               for               business.

    Register               with               as               many               as               you               can               in               order               to               make               sure               all               your               good               credit               practices               are               being               reported.

    Aslo,               stay               on               top               of               these               reports               yearly               just               as               you               do               for               your               personal               credit.

    (listed               in               order               of               importance)
                   Dun               &               Bradstreet               or               D&B
                   Experian               Business
                   BusinessCreditUSA
                   Equifax               Business
                   FDInsight
                   ClientChecker
                   Step               3:               Establish               Credit
                   One               way               to               start               is               with               a               credit               card               or               a               business               line               of               credit.

    If               your               personal               or               business               credit               is               not               at               the               lenders               standards               then               go               with               a               secured               credit               card               or               a               secured               line               of               credit.

    This               way               you               are               getting               your               company's               name               out               there               and               your               payment               history               can               be               reported               so               you               can               obtain               credit               in               the               future.
                   Step               4:               Maintain               relationships               with               your               vendors               or               suppliers.
                   When               choosing               a               vendor               or               supplier,               ask               if               they               report               to               the               business               credit               bureaus.

    If               so,               use               them.

    These               type               of               vendors               are               a               good               start               and               you               will               be               able               to               use               them               as               references               if               you               want               to               apply               for               any               kind               of               commercial               loans.

    Be               sure               to               pay               your               invoices               on               time               and               develop               a               strong,               stable               relationship.
                   Step               5:               Spread               your               name
                   It               is               important               for               any               business               to               be               known               in               the               area               where               they               do               business.

    One               way               of               accomplishing               this               is               joining               the               local               Chamber               of               Commerce               and               the               Better               Business               Bureau.

    By               getting               out               and               being               involved               in               different               organizations               gives               you               credibility               and               "consumer               credit"               with               those               you               come               in               contact               with.
                   Establishing               and               maintaining               small               business               credit               is               essential               to               the               survival               of               any               company.

    Knowing               what               you               want               to               accomplish               and               developing               a               plan               to               get               there               is               the               first               step               to               success.






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