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...

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 ...

When I was in my final year in college, I had decided to start up and opt out of the placements. When I told my family about my decision, their reaction was not exactly the most encouraging. I come from a middle class family in India and was studying in one of India’s best engineering colleges. Opting out of placements seemed to be a waste to my family. They really did not want me to start a company and told me “not to play with my future”. Throughout the placements season, my friends in college kept on telling me to take a job and “not to let opportunities go”. Some of...