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Things to Consider When Reopening After COVID-19

WebHere are seven things to consider for the best chance to reopen successfully. Decide Where You Stand. First, decide whether it makes the most sense …

Actived: 9 days ago

URL: https://www.connect2capital.com/small-business-lending-blog/things-to-consider-when-reopening-after-covid-19/

Glossary of Terms Connect2Capital

WebThe paying off of debt with a fixed repayment schedule in regular installments over a period of time. Amortization can also be found on the balance sheet, as a way to spread the …

Category: Health Go Health

The Growth of Women-Owned Businesses in the United States

WebSmall businesses are the bread and butter of the US and how fast they are, or are not, growing is an indicator of the health of our economy. Since the recession, …

Category: Health Go Health

Your Small Business Tax Deductions Checklist Connect2Capital

WebLoan Interest and Bad Debt Tax Deductions. If you have taken out loans for your business, you can deduct the interest. Automotive loan interest. Building loan …

Category: Health Go Health

How to Retain Great Employees in Your Small Business

WebRetain Employees Through an Open, Listening Environment Where Feedback is Encouraged. Positive connections and culture are strengthened by listening …

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The Best Local Business Ideas for Uncertain Times

WebDisclaimer: the information provided on this page is meant for general informational purposes only and may not reflect the most current resources and …

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Great Ideas to Cut Your Small Business Expenses

WebCutting your small business expenses will help to boost your profit margins and improve your financial health. You can use the money you save to build up a cash …

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How to Categorize Expenses for Your Small Business

WebHere’s how to categorize your small business expenses: Decide on the right categories for your specific business expenses. Review and reconcile your bank …

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Small Business Growth Connect2Capital

WebIt isn’t always easy for small business owners to access the capital they need to grow, hire, and thrive. Connect2Capital levels the playing field for small business owners seeking …

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Get Help Applying for a Small Business Loan Connect2Capital

WebConnect2Capital Team. – May 25, 2021. Applying for a small business loan can be a little overwhelming. From understanding what the requirements are, to finding the perfect …

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3 Financial Reports to Maximize Small Business Loan Approval

WebTo increase your chance of small business loan approval, you need to increase your profitability. There are two main ways to do this: Increase your revenue, …

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Chicago Small Business Resiliency Fund Connect2Capital

WebThe Resiliency Fund is structured to complement the federal Paycheck Protection Program through the U.S. Small Business Administration. The City of Chicago has established …

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How to Prepare a Cash Flow Statement Connect2Capital

WebA cash flow statement is an important financial document that you and others can use to understand your business. A cash flow statement provides details of the …

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Use a Business Debt Schedule to Manage Your Loans

WebDebt is an issue for 70 percent of US-based small businesses, and two-thirds of those businesses are struggling.The main issues these small businesses face …

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Ways Small Businesses Can Keep Overhead Costs Down

WebOther costs: $2,200. Total overhead costs: $18,000. You need to account for these overhead costs in your profit margin, which depends on the number of units you …

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Average Business Expense Percentages: How Are You Doing

WebPatriot Software suggests that average percentage expenses for types of business, including all costs and taxes, are as follows: Construction: 95% of revenue …

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Your Small Business Health Check Questionnaire

WebWe hope you’ve found this small business health check questionnaire useful. Go through each of the questions, answer honestly, and make changes—one at a time. …

Category: Health Go Health

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