Start-up businesses typically work with a limited cash reserve. As an initial step in your planning process, prepare a cash flow projection for the purpose of finding the point at which the business will reach a “breakeven” point” and subsequently begin to generate a positive cash flow. Despite the amount of research carried out by entrepreneurs, often revenue projections are overly optimistic and operating costs underestimated.
To help Black-owned businesses identify the best funding sources available, we asked CEOs and business leaders this question for their best insights. From the iFundWomen of Color Program to Reign Ventures, there are several options available particularly for Black business owners to secure funding for their businesses.
Join our National Black Business Month webinar as we celebrate with a panel of experts dedicated to answering your business questions. Read more
Reimagine Main Street is currently taking applications, through July 26, 2022, for AAPI grant applicants. The grant is designed to support AAPI entrepreneurs from challenges they may have faced or are still dealing with from the pandemic.
Join us for this hour-long session solely dedicated to answering your questions about rural business ownership. Read more
Some people predict a recession is coming, while others dismiss the notion since the nation is essentially at full employment. But many small business owners are worried a recession is looming.