Business Contents Archive

How to get my business in order quickly?

So I started my business (tinting business) in 2021. I did get a DBA, but didn't get a bank account or anything else. I now need to get everything in order. I need things like profit/loss documents, expense reports, monthly bills, , etc.... How can I do this in about a week? What other documents do you keep in running your small business?

So I want to buy an established business but have no idea where to get financing.

I am looking at buying a check cashing place that is also a laundromat down the road from me. Price us 429k I have 50k saved up and a 20k line of credit. My bank doesn't do business loans for laundromats. I make 200k /y and my wife makes 120k/y. Cash flow on the laundromat is 200,884 it has been in business for 13 years I can run it and do my job at the same time because most of my job is during off hours and I can office anywhere. My and my wife's credit is good me- low 700s and high 600s, her- mid 700s Our debt to income is great. We were around 15-20% when I made as mich as her and now I make more. What is the best bank to use for getting a 7a loan? I really want to make this happen. Also is there something that is a redflag in this thing?

I want to start an archery range

Starting investment is a lot lower than I first expected, as there really isn't much renovation required for a range. I am not sure if it can make monthly estimate of 10k/mo, or at least in the first year. I found one place that may work but I keep having doubts as I am writing a proposal & projection. I need at least 3200ft2, or at least 80' long one side with a 12' ceiling trying to a rather niche sport so rent & finding the spot in the first place is hard. I think I just about ran out of existing places to contact for sublease. It was a rant post but I'd appreciate your insights as well.

What have you found to be the best way(s) to determine if there is a market for your idea?

And what do we all think of Google Trends? Thanks, all!

Business advice to a noob

I need 3.5 million dollars, preferably before july ends. Is that possible, I have a good idea for a product, idk what exactly it would take to reach those numbers, as I’m new to the industry. If anyone can help with marketing advice or anything, thank you. So far I have no money, no contact, and am most likely in need of connections, Thank you for your time.

SBA Loan Closing Costs??

I'm trying to understand how much capital I need upfront to secure a business loan. What are the anticipated figures behind closing costs associated with an SBA loan? There are only two line items I am aware of based on my research: down payment (10% or 20%) and upfront guarantee fees, typically 2% to 3%. What else will I have to pay at the time of signing? Thanks!

Marketing a new service

Hey fellow entrepreneurs. I’ve been trying to get some traction on a business that renews mattresses on site instead of people throwing them out and getting new. I can make an old mattress feel better than something premium in store. It’s a lot cheaper than new and obviously has an environmental component. I’ve thrown a ton of money at Google Ads and Facebook with only 3 bookings come through in about 3 months, all of which had awesome reviews. Was hoping for some thoughts on a new approach to take, maybe there is some apprehension on a service like this.

Anyone smart can I ask you something

well how would you turn a nobody fresh 18y/o who's never worked into someone stable? would you hire a dropout if he/she only goal is to expand their minds? How would nobody make their first allay? Any an all ways to turn literally 0$ into 500$ worth of income even in a month? Why are we all so weak to ourselves and loved ones?

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Where do people go for freelance marketers/graphics/copy?

Hi All, I’ve been in the industry for a while now and its a bit of a rat race out there… I’d love to know where a small business owner looks first to find marketing help etc? I use apps like upwork and airtasker but just thinking there may be some that I’m missing? Thanks in advance!

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What's been your biggest hurdle that you just can't seem to get over in your current business?

I'm curious what your biggest battle has been as a small business owner that you can't seem to accomplish on your own? I'll go first. I'm an SEO/website builder, so I'm branded a "marketer" and we all have that feeling when we hear someone selling to us. So unless they're referrals, I have to explain away their worries and tell them to put their guard down so I can seriously help them. All while getting metaphorically punched in the face lol. Come to think of it, this space is exhausting. lol. What's your biggest hurdle and what space are you in?

Can you share your benefit package?

Looking to revamp our benefits for employees. We are a small subcontractor in the PNW. averaging 15-17 employees. If you have a similar size company, what are you offering for PTO? Sick time? Bereavement? Retirement? Holiday? What else? Appreciate any feedback you’re willing to share. side note - If you do offer bereavement, are grandparents considered immediate family or extended?

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