How do I apply for a small business loan? Get together your business plan and loan proposal and submit it to the lender of your choice. If the lender doesn’t approve your loan, you can ask the lender to submit your load to the SBA. Usually the SBA can approve 80% of small business loans if the lender agrees to loaning the money (which the SBA can guarantee). The lender can then advance your load application and credit scores to the local SBA District Office. If your lender needs help with SBA applications or guidance they can talk to the SBA District Office. As long as the SBA approves and backs...

If you are thinking about starting up or have already started up or are already a small businessman (entrepreneur) and are having all kinds of random thoughts in your mind as to what you need to do in order to grow your company, then you may find your answers in this great book called “The E-Myth Revisited” by Michael Gerber. This book contains some hard hitting facts and has some straight talk and will show you the mirror. I can guarantee that once you are done reading this book, your thought process about growing your company will change. You will know what to do in order not to shut your...

All entrepreneurs and small business should keep reading and studying and you don’t really have much choice in this regard. You need to read books to gain inspiration, gain knowledge, new ideas and also to stay ahead of the competition. With this in mind, we are starting with our weekly series on Books. We are going to review books that we feel should be read by anyone who wishes to be successful in life. The first book in this series is: Think and Grow Rich. Think and Grow Rich is an amazing book which contains an economic philosophy of growing rich. Unlike most philosophical texts that...

When starting your small business, there are certainly no guarantees. It’s relatively impossible to eradicate the risks that come with launching a business. However, it’s possible to kick-start your business in the right direction with proper planning, due diligence, and wisdom. Begin your process by making a list of your own strengths and weaknesses as a possible proprietor of a small business. Really examine your answers to the following queries: Are you an ambitious person? When it comes down to it, you are going to responsible for coming up with new ideas for your business. It’s...

Many entrepreneurs’ posses a lot of the same traits and characteristics. See where you match up and where you could use some improvement. A major falsehood is that in order to be an entrepreneur you have to be born that way. The truth of the matter is that anyone can learn the traits and characteristics of an entrepreneur. Here are some similarities of successful entrepreneurs? persistence able to accept criticism inquisitiveness strong desire to acheive lots of energy likes accomplishing their goals independent demanding self confident calculated rish taker creative innovative ...