Small businesses lead the way in job creation and are critical to the recovery. Large corporations, last to create jobs, are the first to destroy them. This article describes this trend along with other information useful to small business.
Tag: sba
SBA ARC program DOA. Is Obama for real or are the banks still running the show?
The Small Business Administration announced the ARC program for distressed small businesses. This emergency loan, up to $35,000, is intended for businesses that can’t pay their bills.
Guess what? Since the SBA only guarantees loans and the banks still have to fund them, we have yet to see a single ARC loan made. The recovery efforts, at least as far as main street is concerned, feels like a photo op.
If you’ve had success getting one of these loans, please contact pmehit@wbpllc.com. I’d love to know your secret.
How To Choose Business Plan Assistance
How To Choose Business Plan Assistance – Peter Mehit, WhiteBoard Partners
We have rewritten many business plans that were purchased from companies, real world and internet, that didn’t do what the buyer wanted causing them aggravation, wasted time and money. While some of the providers were unscrupulous, the majority of the time the problem was caused by a difference in expectations. To avoid this, you need to understand exactly what you’re buying.
Why are you writing a business plan?
If you’re writing a business plan as an exercise, then any method will probably produce acceptable results. But if you’re drafting a business plan because you want to have a map to success that details both the risks and rewards as well as exposing your blind spots, the process you use to make the plan is as important as the plan itself.
Dispatches From The Front 