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Is Bank or Investor Funding Right For Your Business?
Opinions expressed by Entrepreneur contributors are their own. If you’re starting a business or thinking about starting one, chances are you have thought about how much money you need to get started. You may also realize that you don’t have sufficient capital on your own to get started. So, what do you do? Fortunately, there are many ways to obtain outside funding to help you get started. Funding options usually involve one of two concepts. One is a loan (i.e., debt), in which the lender makes its money by you paying the loan back with interest over a term or a specific period of time. The other is an investment…
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Flooding is often-overlooked risk for Upstate homes and businesses
The unfortunate truth is flooding can happen anywhere. The challenge for property owners, whether the property is a home or a business, is assessing the risk of a flood loss and whether flood insurance is the best option to minimize it. Chanticleer Golf Course at Greenville Country Club flooding on May 20, 2020. Photo by Mark Johnston Flooding is not just a coastal problem Russ Dubisky, executive director of the S.C. Insurance Association in Columbia, says coastal flooding events tend to get more attention because they often result in the total loss of homes and businesses due to storm surges. But, while Upstate residents are extremely unlikely to see their…
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VARStreet adds new Dashboard capabilities on their VAR Business Management Software
VARStreet Business Management Software for VARs VARStreet Inc. has released new customized dashboards for the value-added resellers using their platform. We want our IT and office supplies reseller partners to get a better visibility of their business without struggling to drill down multiple reports to find actionable items.” — Shiv Agarwal, Director at VARStreet Inc. BURLINGTON, MA, UNITED STATES, November 23, 2021 /EINPresswire.com/ — VARStreet Inc. is a leader in the enterprise software for IT and office supplies VARs in the United States and Canada. VARStreet’s platform offers a product catalog with rich content from 45+ IT and office supplies distributors like Ingram Micro, Tech Data, Essendant, S.P.Richards, Supplies Network,…
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Small businesses have until year’s end to get $100 billion in expiring SBA funds
Time is running out for businesses to get COVID funding from the Small Business Administration. Are you leaving money on the table? Unfortunately, many are. The Economic Injury Disaster Loan program, or EIDL, was created as an offshoot of the agency’s existing disaster loan programs. It is specifically targeted at businesses in disaster areas caused by the COVID-19 pandemic. Since its introduction, billions have been distributed in the form of loans and grants to millions of small businesses. As of last week, almost $300 billion in loans and grants has been approved by the SBA. About 282,000 small businesses in Pennsylvania and New Jersey took part in the programs, receiving…
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Downtown Business Council of Penn Yan hits the ground running
Back in July, a likeminded group of business owners and community members in Penn Yan met in effort to bring the Retail Council to life again. The group, in collaboration with the Yates County Chamber of Commerce, used to meet monthly and organized popular events like the Wing Walk, Community Table Dinner and First Fridays. When Covid-19 hit in 2020, event planning got placed on the back burner as business owners had to shift all their efforts to the livelihood and safety of their individual businesses. Since the group originally met, meetings have been occurring frequently and a plan was put into place to bring year-round events and marketing to…
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Las Cruces, Mesilla businesses plan Small Business Saturday events
LAS CRUCES – Shoppers, pace yourselves this week to leave plenty of time to visit Las Cruces-area shops amid the 12th annual Small Business Saturday. The tax holiday officially begins after midnight on Saturday, Nov. 27 and lasts 24 hours. According to the state’s Taxation and Revenue Department, businesses that are New Mexico-based and claim 10 or fewer employees can deduct gross receipts tax on sales for certain items that cost no more than $500. This includes clothing, accessories, cosmetics, books, artwork, sporting goods and more. According to information from the U.S. Small Business Administration, spending by consumers at small businesses across the country during the 2020 tax holiday reportedly reached an…