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What is a Profit and Loss Statement

WEBThe profit and loss (P&L) statement, also known as your income statement, shows your business’s revenues and expenses for a set time period. It’s simple: your statement …

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URL: https://pursuitlending.com/resources/what-is-a-profit-and-loss-statement/

What’s an Environmental Site Assessment

WEBAs its name implies, an environmental site assessment is an evaluation of the environmental risks that may come with the property you purchase, as well as those …

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Designing an Employee Benefits Program for Your Business Pursuit

WEBFor 2023, employees can contribute up to $22,250 (or $30,000 if they’re over age 50) per year into their 401k. Employers can also contribute up to 25% of the …

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F.L.O.W. Wellness Center Evolves with an SBA Microloan Pursuit

WEBIn addition to the core service of mental-health counseling, F.L.O.W. offers a range of integrated services like yoga, reiki, massage therapy, clinical hypnotherapy, …

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How to Budget for New Employees in Five Simple Steps

WEBStep 2: Determine the minimum number of hours per week that you need covered to provide the benefits you need. It’s always easier to add staff or hours than it …

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Chi Aesthetics MedSpa and Wellness Center Success Story Pursuit

WEBDr. Chikodiri (Chi) Gibson, DNP, MBA, FNP-C, ACNS – owner and CEO of Chi Aesthetics MedSpa and Wellness Center – understands the commitment and …

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Success Story Harisa Ayurvedic Wellness Center

WEBWhen Shanthy Jayakumar opened her award-winning Harisa Ayurvedic Wellness Center in Amherst, NY, in 2011, she was well-versed in both business …

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Financial Health Reset: A Guide for Financial Projections

WEBStep 3: Set checkpoints every month to track progress: Develop short, mid and long-term financial projections to periodically check your performance and base …

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Medical Business Loans Affordable Funding

WEBWhen you work with Pursuit, your healthcare business will benefit from: Business loans extending from $10,000 to $5.5 million and beyond. A variety of loan products to serve …

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New Hire: Sherri Falck Becomes AVP for Western New York

WEBCOVID-19 Resource Center. Contact Us. Business Loan Products. SBA 504 Loans; SBA 7(a) Loans

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Small Business Loans in Rochester Pursuit

WEBAmong our most popular small business loans and loans for startups in Rochester are: Pursuit SmartLoans, ranging from $10,000 to $100,000, are a great loan option for …

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How to Find Small Business Support Organizations Pursuit

WEBYou’ll often find them on college campuses in your community or region. SCORE: The national network of SCORE volunteers provide free mentoring and …

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Bank of America Launches $20 million Lending Program for …

WEBBank of America announced a $20 million Veteran Entrepreneur Lending Program and EGF and four other CDFIs will administer the loans.

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How Businesses are Pivoting in Crisis COVID-19 Resources Pursuit

WEBWhen bars and restaurants closed, 70% of our account base closed. Along with this, 55% of our sales, which are draught, vaporized in minutes, leaving $400,000+ …

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How Does Your Business Pay Its Owners

WEBOwners’ pay is recorded both through bookkeeping and through tax filings, so it’s important to ensure that both areas are updated as needed. After your attorney has …

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What are the Fastest Growing Industries in 2023

WEBPersonal services, leisure, and hospitality led the way as wages, hiring, and overall revenues grew in 2023. Personal services have lower input costs than other …

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Business Loans in Binghamton Business Resources

WEBThe Pursuit SmartLoan: With a quick, online application, approvals in just two business days and loans ranging from $10,000 to $100,000, this is great for businesses that have …

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Working with a CPA Business Resources Pursuit

WEBThe right CPA can be one of the most valuable people on your team, acting as a trusted advisor as well as an accountant. They can save you time and money, allow …

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New Year Business Financial Management Best Practices Pursuit

WEB1. Identify benchmarks for operating performance. To set financial goals for the next year, start by identifying benchmarks for your business. This is a key step in …

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Webinar Business Health During a Pandemic Pursuit

WEBBusiness Health During a Pandemic: This recording includes the latest information on COVID-19 resources for businesses as of Thursday, March 19, 2020. For the latest …

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How Women Business Owners Can Optimize Opportunities Pursuit

WEBCOVID-19 Resource Center. Contact Us. Business Loan Products. SBA 504 Loans; SBA 7(a) Loans

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