StreetShares Blog - The Resource Center for Veteran Small Businesses

StreetShares Blog

The Resource Center for Veteran Small Businesses

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7 Tips for Funding Your Veteran-Owned Small Business

By StreetShares on October 25, 2016

Military veterans face unique challenges when it comes to funding their business with a veteran small business loan, but finding capital that works for you is not impossible; especially when you have a little help. Here are seven tips to get you started:

1) Assess Your Strengths and Weaknesses as a Borrower.

Before you even begin your search, make sure you know where your small business stands. How much funding do you really need? How much can you afford to pay back each month? Are your margins higher than the interest rates? It is also helpful to be realistic about your chances of accessing different funding options. Do you know your credit score? How are your financials? Finally, make sure your documents are in order. Have you filed your taxes? Do you have an updated balance sheet and income statement? Being prepared can save you a lot of time and grief later on. Follow these two steps to determine your financial needs.

Understanding your financials is one piece of the puzzle when seeking funding. In this ebook, “The Ultimate Guide for Veteran-owned Small Businesses," you’ll learn the basics of financing as well as have access to tons of VOSB resources in addition to what you see below. 

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Combat Flip Flops – Creating Peace through Trade [VETREPRENEUR]

By StreetShares on September 23, 2016

Veteran small businesses make up approximately 2.4 million U.S. businesses or 9 percent of all American firms, according to creditdonkey.com, a credit card comparison and financial education website. Veterans have built a set of specialized leadership skills and work ethic that makes them successful business owners. Indeed, it’s not only about what veterans did while on duty, but also what they do when they come back home. And transitioning back to civilian life can be one of the hardest times. This is why entrepreneurship is usually a great fit for many.

Today, we would like to tell you the story of a Veteran entrepreneur and his ecommerce company, Combat Flip Flops. Meet Matthew “Griff” Griffin, former Army Ranger of the 75th Ranger Regiment. His experiences in Afghanistan, both from his time in the U.S. Army and his later return with a medical service and rescue company, led him to create his own business. Combat Flip Flops creates products that empower consumers to promote peace through trade by manufacturing footwear, apparel and accessories from war-torn countries.

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7 Productivity Tips for Home Office Newbies

By StreetShares on March 24, 2016

Dear Newly Self-Created Entrepreneur,

Congratulations—you made it! You shook the dust off your feet and left your 9-to-5, soul-sucking corporate job to start your own venture—one that is all of your own making. Your long-endured months of agonizing side-hustle have paid off and brought you to this moment. Gone are the days of mile-long cubicles and pesky Joes peeping their heads over your desk to chit-chat. Onward and upward to better things!

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EQ, Shme-Q: What's the Deal with Emotional Intelligence?

By StreetShares on March 17, 2016

It feels like you can’t turn a page in Entrepreneur or click on an unassuming Huffington Post article without someone singing the praises of emotional intelligence. So what’s the deal? How does emotional intelligence play a part in the workplace and why should it matter for your small business?

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StreetShares Receives Historic SEC Approval: Military Community Given First Access to New Investment Securities

By StreetShares on March 15, 2016

WASHINGTON, March 15, 2016 -- StreetShares, a Washington, D.C.-area small business lender, has become the first lender in the country to be qualified by the U.S. Securities and Exchange Commission (SEC) to use funds from public investors to back loans to small businesses. StreetShares will use this qualification to scale its small business funding community. StreetShares will initially offer the new securities to American military members, veterans, and their families.

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Getting the Most Out of Your Morning: 5 Tips for Business Success

By StreetShares on March 1, 2016

Mornings. For some of us, they’re the very bane of our existence. For others, they’re the sweet quiet in the midst of life’s storm. Whether you’re a grumpy night owl or a trilling early bird, here are five tips to help you make the most of your morning:

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Writing to Sell: How to Boost Sales Through Email Campaigns

By StreetShares on February 23, 2016

If you’re reading this, you probably have an email address. You might even have two or three. The thing is, email is such an integral part of our lives. Most of the time we don’t even think twice about using it—which means it provides an amazing opportunity for you as a small business owner to utilize this free tool that nearly everyone uses to up your sales and win loyal customers. Email marketing can be very effective in keeping in touch with old customers, reminding them why they chose to buy with you in the first place and keeping them up to date with your business.

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Preparing Your Small Business for Tax Season

By StreetShares on February 18, 2016

While April 15th may be months away, there is no time like the present to get an early start on your small business taxes. Now is a great time to get organized and be on your “A” game so you can tackle any challenge the season may throw at you. Here are some simple ways to do just that:

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3 Life Lessons from Young, Successful Entrepreneurs

By StreetShares on February 16, 2016

By Laura Walton, StreetShares.com writer

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5 Strategies for (Successfully) Starting a Business with Friends

By StreetShares on February 11, 2016

So many of the great ventures of our age were started by dynamic duos: Microsoft’s Bill Gates and Paul Allen were childhood friends. Google’s co-founders Sergey Brin and Larry Page started as classmates on the same research project. Going into business with friends can be a truly rewarding experience and can lead to incredible success.

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