How to Overcome Loan Hurdles
Every entrepreneur will face obstacles and hurdles on the way to small business success. One major obstacle is government regulation, while other difficulties that may arise including natural disasters, staffing issues, data breaches, and a lack of funding.
Size Up Your Investors Before Accepting Their Money
Even though the color of their money is always green, all startup investors are not the same. Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors.
What to Do When Your Cash Flow is Down to a Trickle
Cash is the lifeblood of a business. It needs to flow smoothly to keep the business in a healthy, growing state. And yet, cash flow problems are almost the norm, particularly with small businesses.
How to Avoid a Freemium Flop
The freemium business model has become the model of choice for a wide variety of startups. Like any good courtship, it gives two parties a chance to know one another better before signing on as lasting partners. And, as in any relationship, there are risks for things to go wrong.
Money Brain Junk: The Enemy Mindset That Might Be Holding You Back
Do you fear financial struggle? Ever wonder why your business never quite grows past a certain annual revenue, or why you worry about money? Well, of course it could be that your business isn’t well-branded, perhaps your business model needs tweaking, or you might just need some help choosing the right marketing strategies. But frankly, it could very well be your money brain junk that’s holding you back.
How Do You Select a Revenue Model for Your Startup?
One of the toughest decisions for a startup is how to price their product or service. The alternatives range from giving it away for free, to pricing based on costs, to charging what the market will bear (premium pricing). The implications of the decision you make are huge, defining your brand image, your funding requirements, and your long-term business viability.
5 Tips on Managing Your Income as a Freelancer
Freelancers come in all shapes, sizes, and industries. Earning income as a freelancer can be a little scary and challenging at times. So here are 5 quick tips on managing your income as a freelancer:
Apple Anoints NFC Mobile Payments: Now People Will Finally Use It
Taking a spin through the roster of partnerships announced in the US alone, it’s clear Apple is going all in on Apple Pay. Where Google struggled to ink deals with major banks and card carriers, Apple has secured agreements with the big three credit cards.
Communicating Price Increases
These simple tips can help you minimize ‘sticker shock,’ get the price increase you so richly deserve and retain the customers you want. Now that’s a winning combination.
Good Accounting Habits for Small Business Owners
The biggest headache for small business owners is getting and staying organized. If running your own business sucks up your day, being successful is going to be that much harder for you.
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