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StreetShares Blog - The Resource Center for Veteran Small Businesses

StreetShares Blog

The Resource Center for Veteran Small Businesses

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6 Things to Be Prepared for Before Winning a GovCon Contract
| StreetShares Blog

By StreetShares on May 3, 2018

In our earlier blog series on government contracting, we looked at how small businesses can enter GovCon, factors contractors must include in an award-winning proposal, and tips to succeed in the government contracting world. But government contracting is more than just putting together the ‘perfect’ proposal. It requires hard work, persistence, and immense networking to bag a government contract. While you may think you are prepared to enter this domain, failing to adhere to the rules and regulations can have an adverse effect on your business. This time, we present six things you should be prepared with in order to win a contract.

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7 Free (or Almost Free) Apps to Keep Your Budget on Track
| StreetShares Blog

By StreetShares on May 3, 2018

The best budget is the one you actually stick to, no matter whether you are a disciple of Dave Ramsey or Suzi Orman. A personal finance app can help you understand when and where you are spending money, by linking up to bank accounts or notating when you purchase something. They also make record keeping so much easier, allowing you to take pictures of receipts and adding the details to spreadsheets for you. But what is the best personal budget app to use? Here are seven for your consideration.

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2018 StreetShares Foundation Veteran Small Business Award Finalists Announced!
| StreetShares Blog

By StreetShares on May 2, 2018

Today, Mark L. Rockefeller was thrilled to announce the team finalists for the 2018 StreetShares Foundation Veteran Small Business Award- check out our announcement on Facebook Live below to find out who won! 

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What Type of Financing Should I Get for Marketing?
| StreetShares Blog

By StreetShares on May 2, 2018

Starting a business is challenging. You first need to know how much funding to allocate to each part of your business and then you need to come up with the capital to support it. There are many moving parts, and it can be challenging to determine where and what you need. Having a strong plan for your business is critical to your success, and marketing needs to be included in that initial budget.

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5 Business Practices to Keep Employees Happy
| StreetShares Blog

By StreetShares on May 1, 2018

Keeping your clients and customers happy is essential, but how many companies spend time and effort ensuring their employees are as equally content at their workplace as well? Being a small business, you may not have the luxury to shower your employees with perks, but the good news is there are a lot of other things companies can do to keep their employees motivated.

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Support Your Military Branch and Vote For the $25,000 Military Entrepreneur Challenge
| StreetShares Blog

By StreetShares on April 30, 2018

 

The StreetShares Foundation and Sam Adams Brewing the American Dream program have partnered to present the Military Entrepreneur Challenge! This challenge allows military veteran entrepreneurs to compete for public votes in order to have their military branch declared the branch with the best entrepreneurs. Only the entrepreneurs from the two service branches with the most votes will move on to the final round. Cast your vote now to help these military veteran entrepreneurs receive funding to grow their businesses!

 

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6 Ways to Invest Working Capital In Your Manufacturing Business
| StreetShares Blog

By StreetShares on April 24, 2018

A business line of credit can be a powerful tool when it comes to expanding or maintaining your manufacturing company. It gives you the freedom to make the investments you need to, when you need to, so that you can provide your customers with the products they need. Updates to tax laws have also made capital expenses even more attractive to businesses, providing further incentive to use the resources at hand to their fullest capacity. Here are some different ways you can use your working capital.

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Selling Goods & Services to the Government as a Small GovCon Business
| StreetShares Blog

By StreetShares on March 12, 2018

Did you know that the U.S. government spends more than $440 billion per year with small businesses ? Federal spending is at an all-time high making government contracting an extremely lucrative option for small and emerging business owners. While getting a pie of the government business sounds rewarding, it sure is a lengthy and bumpy process.

If you feel your product or service has what it takes to win a share of the government business and you are ready to take the plunge, here are five key practices you must keep in mind while selling to the federal government. Get the complete picture of government contracting in our ebook, "The Goverment Contractor's Handbook."

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Business Taxes: Everything You Need to Know*
| StreetShares Blog

By StreetShares on March 7, 2018

Taxes. Filing taxes for yourself can be complicated, but when filing taxes for your business, the
complexities can multiply. To make tax season hassle-free this year, you need to understand the regulations and deadlines. Here are five tips to avoid audits, claim more deductions and reduce overall small business tax headaches:

1. Record Everything

The healthiest thing you can do for your small business is to keep your books up-to-date, clean and accurate. Be sure to keep all of your receipts and preserve other important business documents. That way, you’ll not only be organized, you’ll be prepared in the case of any audits and be better equipped with the right files when claiming business expenses. If you use a bookkeeper make sure they're using the right cloud applications on your behalf – so your data is always accessible. That way you can breathe easy during tax season knowing that you are covered.

See also: Comparing Accounting Software Products for Your Small Business

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8 Reasons Every Business Owner MUST be a Pro at Managing Their Company Budget
| StreetShares Blog

By StreetShares on March 5, 2018

Of all the surprises and unpredictabilities that may happen in the lifespan of a business, the one area where a business owner should never be surprised is their business finances. It is astonishing how many business owners are guessing at the financial health of their company. Equally disturbing are the entrepreneurs who look at the company bank account and estimate how good they are doing because there is "money in the bank."

In business, just as in a personal budget, it's as simple as this: you have to know your cash flow like the back of your hand to truly understand your company profitability. Here are eight reasons why you should know your business finances. The life of your business depends on it. 

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