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One giant step toward a loan

Article Abstract:

Banks tend to fund start-up companies only if they have a good business plan. Entrepreneur David Cupp was able to borrow $26,000 from Banc One for his Photos Online startup due to a business plan that detailed how his ideas would earn money.

On-Line Information Services, Information retrieval services, Database Vendors NEC, Methods, Management, Database industry, Business planning, Business plans, Cupp, David, Photos Online Inc.

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The IRA question: to Roth or not to Roth

Article Abstract:

Many small business owners are finding that converting a conventional IRA to a Roth IRA is too expensive. If the conversion is done in 1998, taxes on the IRA can be spread over four years, but even that amount can be prohibitive for many.

Analysis, Brief Article, Retirement planning, Individual retirement accounts

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SBA microloans fuel big ideas

Article Abstract:

Karla Brown's Ashmont Flowers Plus shop was made possible by a SBA microloan. These loans, which range from $100 to $25,000, are given to people who usually do not quality for traditional bank financing.

Usage, Services, Small business, Commercial loans, Entrepreneurship, United States. Small Business Administration, Microfinance, Brown, Karla

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