If it’s Wednesday, It must be St. Louis

June 18, 2013 By Bob Coleman Editor, Coleman Report Watch a live stream of National Small Business Week in St. Louis. http://www.sba.gov/nsbw/ Here is today’s agenda. 10:15 to 1 p.m. Eastern 1. “Growing and Going Global” Panel Moderator: Cory Simek, Director, USEAC (Dept. of Commerce) St. Louis, MO o Doug Potts, Missouri Department of Economic…

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You Call it Income, I Call it “Cash Flow”

June 18, 2013 By Bob Coleman Editor, Coleman Report With all pr about Small Business Week, NFIB Prez has penned a great op-ed piece reminding us what Main Street entrepreneurs truly think: 1) I’m a risk taker – but my risks are purposeful 2) I work seven days a week 3) My employees are my…

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It’s Tougher than it was Five Years Ago, but I am Going to Succeed

By Bob Coleman Editor, Coleman Report That is small business’ new mantra writes Entrepreneur’s Cat Clifford. “Nearly six in 10 small-business owners say that it’s harder to run their company now than it was five years ago, according to a survey of 917 small-business owners and primary decision makers released today from digital-marketing company Constant…

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Tips in Refinancing Debt With a SBA 7(a) Loan

June 13, 2013 By Karen McHugh SBA Complete What separates a conventional commercial loan from a SBA guaranteed loan? Bottom line is that no matter how creditworthy the deal is, if the loan does not comply with SBA program eligibility requirements, the lender is wasting their time hoping for a guarantee on the transaction. Therefore,…

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The Small Business Loan Supply and Demand Debate Continues

June 13, 2013 By Bob Coleman Editor, Coleman Report Yesterday morning we profiled Kent Hoover’s coverage of Tuesday’s small business economic summit where he focused on how giving lenders access to federal government data could innovate the small business lending industry. Washington Post’s J.D. Harrison’s coverage goes another direction – the revival of the supply…

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Best Practices: Basics of Real Estate Security

June 12, 2013 By Joseph A. Ernst, Esquire Starfield & smith, P.C. In the Unites States, one key difference between the various states is how real estate is treated as collateral for a loan; some states secure a loan through the use of a mortgage, while others use a deed of trust. Both mortgages and…

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