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Cyber Attacks Target Startups

By the fifth month of operation, a small business start up is already the target of cyber attacks, reports CNN Money. Once a company’s website is operational and it starts exchanging emails and messages it is vulnerable to spam and malware.
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New Financial Reporting Standards Released

The American Institute of Certified Public Accountants has released a new financial reporting framework for small and midsize entities, reports Businessweek. The framework will make it simpler to create financial statements for small businesses.
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Loans Crucial to Small Business Success

According to a new study, startups that receive loans are more likely to survive, achieve higher revenue and create more jobs, reports My San Antonio. The study found that receiving a loan increases the probability the business will survive by 44 percentage points.
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