Posts tagged Small Business Administration

5 Secrets For Landing a Whale of a Client According to a study by the Small Business Administration, nearly 70% of U.S. sole proprietorship companies earned just $25,000 in 2010.  If you’re among that group, you are likely missing out on one of the most lucrative opportunities available to small businesses: selling to corporate America. Here are five surprising tips to make selling to corporate clients a little easier:1. Take the road less traveled2. Timing is everything3. Don’t try to sell them anything4. Approach sales conversations like a toddler would5. Don’t try to be a mind readerRead More (via 5 Surprising Secrets for Selling to Large Corporate Clients | Inc.com)
5 Secrets For Landing a Whale of a Client

According to a study by the Small Business Administration, nearly 70% of U.S. sole proprietorship companies earned just $25,000 in 2010.  If you’re among that group, you are likely missing out on one of the most lucrative opportunities available to small businesses: selling to corporate America. Here are five surprising tips to make selling to corporate clients a little easier:

1. Take the road less traveled
2. Timing is everything
3. Don’t try to sell them anything
4. Approach sales conversations like a toddler would
5. Don’t try to be a mind reader

Read More

(via 5 Surprising Secrets for Selling to Large Corporate Clients | Inc.com)

A Small Business Guide to the Presidential ElectionBoth Democratic President Obama and Republican challenger Mitt Romney pledge to create jobs and kickstart the economy, but differ on their methods. For those still on the fence, here’s a summary of their stances on issues affecting small business. Read MoreRelated posts:1. Presidential Candidates Spar Over Small Business (Again)2. Obama’s Plans for Small Business3. Poll: Small Business Owners Slowly Shifting to Obama4. Will Election Year Politics Destroy Your Culture?5. Top 5 Business Lessons from the Presidential Debates (via A Small Business Guide to the Presidential Election - OPEN Forum :: American Express OPEN Forum)
A Small Business Guide to the Presidential Election

Both Democratic President Obama and Republican challenger Mitt Romney pledge to create jobs and kickstart the economy, but differ on their methods. For those still on the fence, here’s a summary of their stances on issues affecting small business. Read More

Related posts:
1. Presidential Candidates Spar Over Small Business (Again)
2. Obama’s Plans for Small Business
3. Poll: Small Business Owners Slowly Shifting to Obama
4. Will Election Year Politics Destroy Your Culture?
5. Top 5 Business Lessons from the Presidential Debates

(via A Small Business Guide to the Presidential Election - OPEN Forum :: American Express OPEN Forum)

Low-Interest Loans Available for Small Businesses Impacted by Sandy

Small-business owners that need financial assistance due to hurricane Sandy should tap disaster recovery loans from the Small Business Administration. The low-interest loans may be used to repair or replace real estate, machinery, equipment, inventory and other business assets that have been damaged or destroyed in a “declared disaster”. The two main types of disaster recovery loans for small businesses are “Business Physical Disaster Loans” and “Economic Injury Disaster Loans”. The maximum amount of assistance available for each type of loan is $2 million. For businesses that have no other access to credit the maximum interest rate is 4 percent and the repayment term can be as long as 30 years.

Learn more at SBA.gov.

Other Resources for Small Businesses:

SBA Web Chats to Aid Female Entrepreneurs

During October, the U.S. Small Business Administration is hosting a series of weekly, live Web chats for female entrepreneurs.

The series, part of National Women’s Small Business Month, features live Q&As with SBA experts who will offer women advice on how to assemble a business plan, find funding sources, learn about government contracting, obtain mentors and build a profitable business.

To read more and get the web schedule, click here.

Despite conventional wisdom, a new study shows that small banks aren’t always the best option when looking for a small business loan. (via Why Small Banks Aren’t Always Best for Small Business Loans | Fox Small Business Center)
Despite conventional wisdom, a new study shows that small banks aren’t always the best option when looking for a small business loan.

(via Why Small Banks Aren’t Always Best for Small Business Loans | Fox Small Business Center)