SBA Loans! Get up to $500k for the low, low interest rate of 5 or 6 percent - SAY WHAT?????

While every loan program has specific forms you need to fill out and documents you need to submit, you will likely need to submit much of the same information for different loan packages.

Before you start applying for loans, you should get some basic documentation together. The following are typical items that will be required for any small business loan application:

https://www.sba.gov/loans-grants/see-what-sba-offers/what-sba-doesnt-offer

you need the following info ready to go, preferably electronically

Personal Background: Either as part of the loan application or as a separate document, you will probably be asked to provide some personal background information, including previous addresses, names used, criminal record, educational background, etc.

Resumes: Some lenders require evidence of management or business experience, particularly for loans that are intended to be used to start a new business.

Business Plan: All loan programs require a sound business plan to be submitted with the loan application. The business plan should include a complete set of projected financial statements, including profit and loss, cash flow and a balance sheet.

Personal Credit Report: Your lender will obtain your personal credit report as part of the application process. However, you should obtain a credit report from all three major consumer credit rating agencies before submitting a loan application to the lender. Inaccuracies and blemishes on your credit report can hurt your chances of getting a loan approved. It’s critical you try to clear these up before beginning the application process.

Business Credit Report: If you are already in business, you should be prepared to submit a credit report for your business. As with the personal credit report, it is important to review your business’ credit report before beginning the application process.

Income Tax Returns: Most loan programs require applicants to submit personal and business income tax returns for the previous 3 years.

Financial Statements: Many loan programs require owners with more than a 20 percent stake in your business to submit signed personal financial statements. You may also be required to provide projected financial statements either as part of, or separate from, your business plan. It is a good idea to have these prepared and ready in case a program for which you are applying requires these documents to be submitted individually.

Bank Statements: Many loan programs require one year of personal and business bank statements to be submitted as part of a loan package.

Collateral: Collateral requirements vary greatly. Some loan programs do not require collateral. Loans involving higher risk factors for default require substantial collateral. Strong business plans and financial statements can help you avoid putting up collateral. In any case, it is a good idea to prepare a collateral document that describes cost/value of personal or business property that will be used to secure a loan.

Legal Documents: Depending on a loan’s specific requirements, your lender may require you to submit one or more legal documents. Make sure you have the following items in order, if applicable:

Business licenses and registrations required for you to conduct business

Articles of Incorporation

Copies of contracts you have with any third parties

Franchise agreements

Commercial leases

Questions Your Lender Will Ask You

Forms vary by program and lending institution, but they all ask for the same information. You should be prepared to answer the following questions. It’s a good idea to have this information prepared before you fill out the application:

Why are you applying for this loan?

How will the loan proceeds be used?

What assets need to be purchased, and who are your suppliers?

What other business debt do you have, and who are your creditors?

Who are the members of your management team?

Get Cash or have cash on hand

Everything is selling, some sales guru told me a long, long time ago.
and finally, since the Great Recession and the Fall of Banking
there is economic evolution.  This 'New Capitalism' is
selling CASH.  But, cash is no longer 'cash' - it is worldwide currency and is more of a line of credit than
a line of liquidity.

We become liquid by incorporating our best ideas
and as a writer, I've discovered that High Finance, always a hot topic, has become its own currency, as
'currency' is equated with cache.



http://hownowcashcow.blogspot.com/


you pull the trigger
no obligatgion.

Wasted Capital?

No MBA worth his salt will tell you to borrow money, but your accountant will.
In order to capitalize and advance, every business owner knows that negative cash flow will kick you when you are down.

Correcting this deep dive is another matter
but call me

Cash on Hand
when you need it
and not until then

HIFI Advice

Content is King or Pawn

the Floor Length Hoodie

I'm freezing today. 

Most days, I will freeze a few times.

so, I pull on my white hoodie

and feel like some ancient Druid priestess

and then, it hit me

I need a 

FLOOR LENGTH 

HOODIE

dammit

Cheers

Zora

KNOWBOT 1.0

kadavy.net | The Behavioral Revolution (not the Information Revolution)

kadavy.net | The Behavioral Revolution (not the Information Revolution)





Today I will work/write my robot comedy/drama/thriller/horror/ story, KNOWBOT, which is the working title for HOTBOT, SheBOT, Showbot, BOTbot, and my notion that neuroscience nanobots will usurp our brains and we will become cybernetic robotic humanoids with supernatural powers, and then, of course, there is the robot mutant problem, and the fact that all these android people hate all these ios people, and a war breaks out. Bush starts it.



Thanks to the Information revolution, “the bow tie



problem” has been solved,



along with many other



problems.

info revo is over,



behaviors rev begins

david kadavy



Take “the restaurant



problem.” Wherever you are,



you can find the highest



rated restaurant on Yelp or



Foursquare.



There’s “the long-lost



friend problem.” All of the



people from your past are



on Facebook, for better or



for worse.



There’s also the “when does



the next bus come?”



problem, the “who’s



single?” problem, and the



“why do cabs cost so damn



much?” problem.

Humans vs Robots: Is Your



Job Next?

This entry was posted in



Employment Trends on



September 5, 2014 by Lynn.



Artificial intelligence



going head to head against



the human race has been a



popular science fiction



theme amongst movies and



books, but could reality



share a similar fate with



these fictional stories?



A recent poll was sent to



lead experts in the



technology field



questioning the affect of



artificial intelligence on



the future economy. The



question posed to these



1986 experts was, “Self-



driving cars, intelligent



digital agents that can act



for you, and robots are



advancing rapidly. Will



networked, automated,



artificial intelligence



(AI) applications and



robotic devices have



displaced more jobs than



they have created by 2025?”



Forty-eight percent of the



respondents believed that



robots would displace a



significant amount of jobs



and cause widespread



socio-economic havoc while



52% were more optimistic



about artificial



intelligence, believing



that technology will create



more jobs than displaced



jobs by 2025. There were



several themes that were



shared amongst each



respective group and points



of agreement between the



two parties.



Top arguments for AI



improving the workplace:



1. History has proven that



technology has always



created jobs.



2. Even though



technological advances



displace older jobs, they



always create new



industries and thus new



jobs



3. There are certain jobs



only humans are capable of



completing



4. Technology is not



advancing quick enough to



impact the job market in



the near future



5. Humans have structures



in society that will assist



in minimalizing impact on



employment



    My observation of



advances in automation has



been that they change jobs,



but they don’t reduce them.



A car that can guide itself



on a striped street has



more difficulty with an



unstriped street, for



example, and any automated



system can handle events



that it is designed for,



but not events (such as a



child chasing a ball into a



street) for which it is not



designed. Yes, I expect a



lot of change. I don’t



think the human race can



retire en masse by 2025.



    – Fred Baker, internet



pioneer leader in IEFT and



Cisco Systems Fellow



    



Top arguments that AI will



displace more jobs than



create:



1. Workers are already



being replaced by AI, and



it’s just the beginning of



this revolution



2. Income inequality will



worsen



    An increasing



proportion of the world’s



population will be outside



of the world of work—either



living on the dole, or



benefiting from the



dramatically decreased



costs of goods to eke out a



subsistence lifestyle. The



central question of 2025



will be: What are people



for in a world that does



not need their labor, and



where only a minority are



needed to guide the ‘bot-



based economy – Stewe Boyd,



lead researcher at GigaOM



Research



Though each side had



different takes on whether



or not technology will be



beneficial to future



economies, many agreed that



the current educational



system in place is not



sufficient to prep the



upcoming generation’s



workforce.



    The jobs that the



robots will leave for



humans will be those that



require thought and



knowledge. In other words,



only the best-educated



humans will compete with



machines. And education



systems in the U.S. and



much of the rest of the



world are still sitting



students in rows and



columns, teaching them to



keep quiet and memorize



what is told to them,



preparing them for life in



a 20th century factory. –



Howard Rheingold,



pioneering internet



sociologist and writer



Experts also generally



agreed that the definition



of “work” and a “job” may



actually change



dramatically in the next



decade.



The possibilities amongst



this ideology is that



robots will cut down time



and effort spent on mundane



tasks and in result humans



will have more leisure



time.



    If ‘displace more jobs’



means ‘eliminate dull,



repetitive, and unpleasant



work,’ the answer would be



yes. How unhappy are you



that your dishwasher has



replaced washing dishes by



hand?… The work week has



fallen from 70 hours a week



to about 37 hours now, and



I expect that it will



continue to fall… Robots of



various forms will result



in less work, but the



conventional work week will



decrease… This is what has



been going on for the last



300 years so I see no



reason that it will stop in



the decade. – Hal Varian,



chief economist Google



Another possibility in this



belief is that the



replacement of robots for



white and blue collar jobs



is that it will inspire



society to rethink how we



view the conventional



“job.”



    It seems inevitable to



me that the proportion of



the population that needs



to engage in traditional



full-time employment, in



order to keep us fed,



supplied, healthy, and



safe, will decrease. I hope



this leads to a humane



restructuring of the



general social contract



around employment. – Tim



Bray, an active participant



in the IETF and technology



industry veteran



A substantial amount of



experts believed that with



the increase of



technologically created



goods, a movement of



human-made or human



operated goods will rise in



response.



    I anticipate that there



will be a backlash and



we’ll see a continued



growth of artisanal



products and small-scale



[efforts], done myself or



with a small group of



others, that reject



robotics and digital



technology. – Tony



Siesfeld, director of the



Monitor Institute



Lastly, there was a



consensus that though



technology will inevitably



advance, the future is not



set in stone. Experts



agreed that humans will



have the ability to control



political, social, and



economic systems and thus



dictate the future impact



of technology on the



workforce.



    There’s no economic law



that says the jobs



eliminated by new



technologies will



inevitably be replaced by



new jobs in new markets…



All of this is manageable



by states and economies:



but it will require



wrestling with



ideologically fraught



solutions, such as a



guaranteed minimum income,



and a broadening of our



social sense of what is



valuable work. -Seth



Finkelstein, programmer,



consultant and EFF Pioneer



of the Electronic Frontier



Which group do you side



with? Do you believe that



AI will effectively



displace more jobs than



create? More importantly,



whether you agree or not,



are you equipped to face



the imminent robo-centric



future?



Source: PewResearch