OverviewThe business plan is more than a plan—it is a tool that helps you evaluate your business concept, your product or service, and discusses how to implement your ideas. A business plan is also a tool to obtain investors, lenders, and strategic partners. You can find many resources and opinions on the Internet as well [...]
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How do I apply for a Small Business Administration Loan?
September 17th, 2007 
davidguide What is it? A SBA guaranteed Loan is a guarantee to the lender, so in case the borrower defaults, the lender is guaranteed a portion of the loan by the SBA. (You are still liable for the loan, so your obligation does not go away). The SBA does not make loans to businesses; the lenders [...]
I need money for my business, what are my available choices?
September 17th, 2007 davidguide As an entrepreneur you have the following choices: Personal, Family and Friends funds, these include savings, investments, retirement funds, credit cards, home equity loans, home equity lines of credit, etc. Small Business Administration (SBA) guaranteed loans Lines of Credit and Term Loans. The SBA guarantees a portion of the loan to the lender, so in [...]
