by: Meera Unni Lean Canvas is an exciting tool that lets new and emerging entrepreneurs model their business plans in a short, efficient, one page diagram. Using Lean Canvas quickly identifies factors to prioritize while also creating an effective jumping off point for brainstorming. Instead of making a long, detailed business plan that could take
Read more »Templates And Documentation
Personal Financial Statement Template
Getting a loan can often be complicated and somewhat frustrating. Maintaining a personal financial statement (saved on your computer) can eliminate much of the frustration of completing loan applications and can, in many instances, be used in place of the application (or sections of the application) entirely.
Read more »Break Even Calculator
Cash flow is the lifeblood of any business, an essential asset for your company to support everyday operations. Use this calculator tool to determine whether your present cash flow is enough to cover your needs for payroll, loan payments, inventory purchases, and any other financial draws on your business resources.
Read more »Cash Flow Template
Understanding the ebbs and flows of your organization’s cash will help you make smart management decisions that protect your core programs and overall sustainability. Managing cash flow requires three steps: planning the use of cash, anticipating any problems, and responding with appropriate management actions.
Read more »Profit Increase Calculator
Discover how much extra profit your business could make. The profit increase calculator prompts you to enter your existing figures to determine your current net profit based on cash flow and other relevant factors. It then guides you through various performance improvement factors, showing you how minor improvements can impact your profit.
Read more »4 Essential Financial Templates for Your Small Business
Accurately tracking financial data is not only critical for running the day-to-day operations of your small business, but it is also essential when seeking funding from lenders or investors to take your business to the next level.
Read more »U.S. Small Business Administration: Export Business Planner
This innovative tool is designed to serve as your roadmap for creating your Export Business Plan, exploring foreign markets, developing a Marketing Plan, exploring financing, costing your product, and more. But unlike a traditional printed manual, this Planner is a “living” document, ready to be customized and continually updated by you.
Read more »Contracting Support: SBA’s Small Disadvantaged Business Registry
You do not have to submit an application to SBA for SDB status. To self-represent as an SDB, register your business in the System for Award Management. However, you and your firm must still understand the SBA eligibility criteria for SDBs.
Read more »A Guide to the Seven Types of Business Insurance
Every business needs insurance. The types and amounts of insurance coverage you need varies depending on the type of business, size of business, and the amount of risk the business is willing to assume. If your business provides personal services or if you are operating the business without a corporate structure, you must consider your
Read more »A Guide to Renting a Business Location
Choosing and leasing a location for your business is critical. The type of your business will dictate many of your decision-making factors. For example, a retail business that is dependent on walk-in traffic means that you must have a location where there are many people who have an interest in your product or service.
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