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Tips and Resources to Scale Your Small Business

Success

“Every business has different startup costs, but they all have one thing in common: having a financial cushion,” says Bob Marshall, the business growth and strategy executive for the Small Business Development Group at Wells Fargo Bank. You need to know what your costs will be and whether your business is scalable.”

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Hello Alice Co-founders Carolyn Rodz and Elizabeth Gore Are Fueling the Small Business Ecosystem

Success

A journey filled with unexpected events is an apt comparison for what many small business owners encounter in entrepreneurship. During a conference in 2015, the future co-founders started talking about a mutual passion to address the problem of equity in the small business space. What is Hello Alice?

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The fundamentals of small business funding

Ruby

If you’re planning to launch a small business or scale an existing one, either way, you need cash. But conventional wisdom suggests that money should come from others before you even think about breaking your piggy bank. They feature a wide range of loan programs and may offer better terms than banks.

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How small businesses aid economic recovery

Ruby

Small businesses don’t just survive adversity, they often thrive in it. When a global health crisis caused many small businesses to close, newly formed American companies contributed to a historic peak in new job opportunities. It was a bleak time for all businesses, but small ones seemed disproportionately impacted.

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Top small business funding options for 2024

Ruby

Launching a small business is an exciting—and daunting—endeavor! One of the most crucial aspects of any new business enterprise is to acquire sufficient funding. Current SBA loan offers The SBA 7(a) loan is the Small Business Administration’s “most popular product,” writes NerdWallet.

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3 most common Small Business Administration loans—and which type might be good for your business

Ruby

million strong, small businesses account for 99.9% of all American businesses. To help support these small but mighty drivers of the American economy—which collectively employ more than 45% of the nation’s labor force—the Small Business Administration offers a variety of business loans to help them grow and succeed.

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Can employee ownership improve capitalism?

Work Life

The solid business performance, benefits for workers, and broad appeal should lead more businesses to adopt employee-share ownership structures, but unfortunately the odds are often stacked against employee ownership. Over half of small business owners are near or at retirement age.

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