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Switching Payroll Providers: A 5-Step Checklist

Any kind of change can feel overwhelming and switching payroll providers is no exception. Getting it wrong can also result in an administrative nightmare or worse—which is why you should follow these steps to cover…

Secrets and Tips to Avoid or Conquer an IRS Audit

If your reported income seems a little high or low, chances are you might hear a knock on your door from the Internal Revenue Service. We know the tax filing process is a colossal headache….

What More Payment Processing Options Means for E-Commerce Startups

I see many of the changes in the online payments industry impacting what businesses will have to consider when they add or manage their payment processing systems. This is especially the case for startup founders…

Dawn’s Stop-Doing List

Stop cutting your prices to find more clients. Do mine your existing client base for new revenues and referred business. A 5% increase in retention of a profitable customer yields a 25-85% increase in bottom…

Service for Equity Formula

Say you are a service provider—consultant, designer, coder—and somebody offers you startup equity in exchange for professional service. I pondered this question after seeing it on Quora. I turned back to decades as a consultant,…

7 Ways to Invest Your Business’s Disposable Income

As the owner of a business, you may be familiar with the expression, ‘You’ve got to spend money, to make money.’ While it might be great to have lots of cash in the bank, there…

What Do Business Plan Financials Look Like?

People often ask: What do business plan financials look like? You can get away with a sales forecast, spending budget, and cash flow plan. That’s enough for actually running your startup. It’s the essential numbers in a lean…

Prepping for an Investor Pitch? Don’t Get Blinded by Tunnel Vision

Don’t let your drive steer you down a dead end. For a startup founder, enthusiasm is a necessary piece of the personality puzzle. You took the leap and started your business because you believe in…

Hacking Shark Investors: The Ultimate Pitch Guide

What’s the difference between a shark and any other fish in the sea?  Ever think about that? Sharks come in all sizes and shapes with over 450 different species on the earth. The smallest is…

3 More Important Ways to Build a Strong Financial Foundation for Your New Business

Your first month of business can be the most stressful and harried time as a business owner — you likely have a to-do list a mile long, and are losing sleep at night with all…

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