Posts Tagged ‘Startups’
6 Immediate Decisions Every Startup Will Need to Make
You don’t need an MBA to launch a company, but you do need some business know-how. No matter where you are in the process—whether you’re brainstorming ideas or getting ready to sign the commercial lease—don’t forget about six key decisions that will need to be made
Read More New to Business? 6 Inexpensive Ways to Market a New Business
If you have a new business, it can be difficult to get people to notice your company. However, it is those companies that can get their name seen that stay relevant and are able to succeed in a competitive market. If funds are low, don’t worry.
Read More Include Your Labor Value in Your Plan
Investors love it when entrepreneurs draw little or no money from their startups. It extends the cash available for research and other necessary fixed costs and gives the fragile, young company more “runway” to get to breakeven.
Read More How to Get Startup Ideas by Interviewing Customers
The first step in building a product people love is to identify a problem that some group of people have. Solutions to clearly defined customer pain points make for the most compelling value propositions. You don’t need to start with a “startup idea.”
Read More 5 Steps to Stop Overthinking and Start Testing Something New
We’re big advocates of just trying something and seeing where it goes. Our blog is a good example of that approach. It’s very “Lean Startup”?—we just decided to do it one day, and we did it in about an hour. We tweeted it out and it took off from there. Here’s how other organizations can do the same.
Read More Project Cash Flow, Not Just Profit, During Start-Up
Business plans that I see often show three to five years of projections, demonstrating profitability at the end of so many months of operation. Most every one of these uses an accrual basis for determining break-even, never attempting to predict the cash impact of major items.
Read More 6 Key Marketing Do’s and Don’ts for Your Startup
Marketing is everything these days. You can have the best technology, but if customers don’t know you exist, or they don’t know how your technology solves a real problem for them, your startup will fail. Yet I see many entrepreneurs that focus on the basics of marketing too little and too late.
Read More Small Business Financing: Crowdfunding
Crowdfunding, sometimes also referred to as “how to get strangers to pay for your stuff,” is a relatively new concept. If you’re not familiar with it, popular crowd funding sites like Kickstarter or Indiegogo can help people to fund projects that they wouldn’t be able to get a traditional loan for.
Read More The 4 Disciplines of Great Company Culture
The word “organization” and the word “organism” come from the same root word. Company culture bears many similarities to natural ecosystems. The way founders do business in the beginning of a startup are the seeds for what kind of company they will develop in two, five and ten years.
Read More How Can I Reduce the Startup Costs of My Small Business?
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.
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