Building Main Street, not Wall Street: The financial case for small business | News

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Albert Einstein made the following observation: “The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking.” 

As a community determines how to spur growth during these challenging times, there are many things they should consider as they strategize their future. Some communities are great at tackling the usual issues, but many are unaware of many hidden expenses and stresses that will ultimately determine their future. Decisions made today will impact their community for generations to come. Let’s discuss a few considerations needing to be part of every community conversation regarding growth, strategy, and the future. Here are four that are oftentimes missed:

First, a study by Tischler & Associates a few years ago had some interesting findings. They found that specialty retail establishments made up of primarily locally-owned small and medium-sized businesses generate a net yearly return to their

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The Royale Firm Announces New Financial Lending Programs Added To Business Finance Suite

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The MarketWatch News Department was not involved in the creation of this content.

Sep 12, 2020 (AB Digital via COMTEX) —
12 September, 2020 – The Royale Firm, a leader in finance and corporate lending, has announced the addition of revolutionary new financial programs to its proprietary funding system, the Business Finance Suite.

The most comprehensive financial solution on the market, The Royale Firm is helping a new generation of business owners ensure their business setups to meet lending credibility standards so they can obtain the capital and credit they need to fuel their dreams. Relying on a professional team of financers, The Royale Firm actively pulls together legitimate business lending programs and works in tandem with hundreds of different lenders to offer unique loan programs for all different types of borrowers.

An innovative program empowering businesses with access to cutting-edge financial tools and resources, The Royale Firm has set

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Mobile financial management platform for business Monit makes debut

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Monit, a mobile financial platform designed for small business owners, will launch today with a demo at Finovate Fall 2020.

Monit keeps business owners on top of their key financial numbers and forecasts cash flow using advanced, patent-pending predictive technologies packaged in an intuitive, mobile experience. Responding to the COVID crisis, Monit includes features every PPP borrower can use, including automatically monitoring transactions and providing guidance to optimize PPP forgiveness. Monit is distributed through banks for their small business clients. For a limited time, small businesses under duress or challenged by PPP forgiveness will also have access, at no charge, directly at monitapp.io/free.

According to a study commissioned by a U.S. bank, more than 80 percent of small business failures are due to poor cash flow management. Monit puts visibility into current and future business vitals in the palm of the small business owner’s hand. The platform helps

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Second Round Of Alexandria Small Business Grants Planned

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ALEXANDRIA, VA — The Alexandria Economic Development Partnership is preparing to launch a second round of funding for the Alexandria Back to Business small business and nonprofit grant program. Grants are geared toward qualifying small businesses and nonprofits to help with costs related to reopening and rescaling business during the COVID-19 pandemic.

The second round comes after Alexandria City Council approved an additional $2.4 million for the grant program through the city’s portion of federal CARES Act funds on Sept. 8. Applications will open at 8 a.m. on Sept. 30 and close at 12 p.m. on Oct. 5.

This time around, criteria has expanded so additional business types and nonprofit child care providers will be eligible to apply. Grant amounts will range from $5,000 to $20,000 based on the number of employees. For example, independent contractors can receive $5,000, and businesses with 50 to 100 employees can receive $20,000.

Grants

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BeyondSpring Provides Second-Quarter 2020 Financial Results and Business Updates

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– Reported Positive Topline Pre-Specified Interim Results from PROTECTIVE-2 (Study 106) Phase 3, Demonstrating Plinabulin’s Superiority in Combination with Neulasta for CIN Prevention vs. Neulasta Alone-

– Completed PROTECTIVE-2 Phase 3 Enrollment and On Track to Report Final Results in Q4 2020 / Expect to Submit NDA for CIN to the FDA by End of 2020 –

– Triple Plinabulin I/O Combination Achieved 100 Percent Complete Response in PD-1 Non-responsive Animal Model; To Initiate Clinical Studies at MD Anderson in H2 2020 –

NEW YORK, Sept. 03, 2020 (GLOBE NEWSWIRE) — BeyondSpring Inc. (the “Company” or “BeyondSpring”) (NASDAQ: BYSI), a global biopharmaceutical company focused on the development of innovative cancer therapies, announced today its financial results and provided an operational update for the three months ended June 30, 2020.

“BeyondSpring’s mission has been to develop innovative, transformative medicines that improve clinical outcomes in high unmet medical needs,” said Dr. Lan

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Latest Coverage, Mergers, Growth Driver and Business Plans

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Pune, Maharashtra, India, September 9 2020 (Wiredrelease) Allied Analytics :Surge in technological developments, increase in competition, and new trade agreements drive the global trade finance market. However, rise in trade wars and lack of focus on small- medium-sized enterprises hinder the market growth. On the other hand, advancements in the field of global trade finances create new opportunities in the market.

According to the report, the global trade finance market was valued at$39.71 billionin 2018, and is estimated to grow$56.06 billionby 2026, witnessing a CAGR of 3.79% from 2019 to 2026.

Download Free Sample Report: https://www.alliedmarketresearch.com/request-sample/4332

The export and agency finance segment to maintain its highest share by 2026-

Based on product type, the export and agency finance segment held nearly four-fifths of the total share of the global trade finance market in 2018, and is expected to maintain its highest share throughout the forecast period. This is due to

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Role of Financial Management in Corporate Structure | Small Business

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As your business grows, you will move from a flat organizational structure, or one where several key managers report directly to you, to a more traditional, or functional structure. A functional structure organizes your business by departments, with finance one of these. Although finance will be only one of your departments, financial management occurs throughout all of your departments to ensure your company’s profitability.

Corporate Structure

While there are a variety of ways to organize a business, most small businesses use the functional model, creating departments for human resources, marketing, finance, information technology, sales and production. As businesses grow larger, they might create a C-suite, or group of executives who oversee strategic planning for the corporation, rather than a specific function. The term C-suite comes from the titles of these executives, which include chief executive officer, chief financial officer and chief operating officer.

Finance Department

A finance department might evolve

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Explain Personal Financial Management Techniques | Small Business

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Personal financial management is an important concept for many individuals and business owners. Personal finances often dictate how a person lives his life and what decisions to make as an entrepreneur or business owner. Assessing personal finances should be done in a method similar to assessing business finances. Many of the same financial principles are applicable, albeit on a much smaller scale. Several types of personal finance management techniques or tools are available to individuals.

Personal Financial Statement

A personal financial statement lists all assets owned by the individual and any money owed to creditors, banks or lenders. This financial statement is very similar to a company’s balance sheet. Individuals can use this information to assess their net worth and how much debt is owed to other people.

Many individuals owe money on significant assets, such as homes, vehicles, boats or other similar items. The net worth of these items

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Surge In SDSU COVID Cases Worries Small Business Owners

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Small business owners, many of who are already on the brink of closure, are fearing the worst after an explosion of COVID cases linked to San Diego State University.



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San Diego County is in the Red Tier of the state’s current COVID-19 monitoring system, which tracks counties by the number of positive cases recorded each day and the percentage of positive cases out of the total number of tests administered, both of which are averaged

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How to Put Together a Financial Management Package for a New Business Loan | Small Business

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Financing is a key for new businesses, but convincing a bank or other lender to provide a loan isn’t always quick or easy. Preparation of a strong financial management package can speed up the loan process and even make the difference between obtaining financing and not. A financial management package will include a letter or summary describing you, your business and a summary of the purpose of the loan. It also includes a detailed description of the loan, how you will use the money and how you plan to pay it back. It will include budget projections and other business financial information as well as any legal documents associated with your business. It will usually require summaries of your personal financial situation well.

Letter or Summary

The first component is a two-to-three page cover letter or executive summary that clearly describes you, the nature of your business, the amount you

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