Last month, the Gender GEDI Index—the branch of Dell's Global Entrepreneurship and Development Index focused on opportunities for women—ranked the U.S. first out of 17 countries as a haven for female entrepreneurship. However, as even the U.S. scored only a 76 on a 100-point scale, it's clear that there are still challenges facing women entrepreneurs in this country.
Retail space... expensive equipment... unanticipated extra costs... these can be significant costs of running a small business. Reducing expenses help maximize the bottom line. Here are some tips on how to reduce the start-up costs of your small business.
Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors.
The key to gaining investors is the ability to convince them of your passion and drive to see the success of your one-of-a-kind business all the way through. Aside from that, though, there are some concrete things that look good on paper to investors that make them...
While the government doesn't offer direct small business loans, they do support small businesses through the Small Business Administration (SBA).
Whether you want to increase sales, introduce a new product, launch your services in another city or country, or venture into a different line of business, you will have to spend a substantial amount of money.
While a lot of people may instantly think of startups being confined to the likes of Silicon Valley and Canada, the world of enterprise has a far wider reach than first meets the eye.
The Small Business Administration fills a number of different roles for small business, with a wide range of programs for entrepreneurs. These include financing help, training opportunities, help obtaining government contracts, and general small business advocacy.
Knowing how much money you need to start your business requires careful planning. Costs should be broken down into startup expenses and operating expenses, and you should put together your best, most accurate estimate of all your expenses in the first year.
We've all been there. You start talking about creating your own business and the ideas start flying out of your mouth. The problem with that is moving forward and getting those ideas to become something a bit more substantial.