Finance
A Tale of Two Pricing Strategies
Imagine two companies. One touts the results the customer can expect and charges premium prices, the other touts its low prices. Which one wins?
Alternative Financing for Full-Service Restaurants
If your full-service restaurant has applied for and been denied a bank loan in the past, you’re not alone. Historically, restaurants have been one of the riskiest industries for entrepreneurs to undertake and banks have always been weary of lending to them.
3 Alternative Ways to Finance Your Small Business
As a small business, finding access to finance when you need it most can be very challenging and might seem impossible but there are alternatives to taking out bank loans or using your own personal funds to overcome a cash flow crisis.
5 Signs That Your Company Could Be Insolvent
Becoming insolvent is generally the stuff of nightmares as far as small business managers and company directors are concerned. However, it is always better to address the issues upfront rather than hoping they might miraculously disappear or somehow resolve themselves.
Don’t Get Hung Up On Valuation
I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up premoney valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road.
Chargebacks: Don’t Let Technology Hurt Your Business
Usually within just a few shorts months of entering the business world, most owners are confronted with a chargeback. If they didn’t know what a chargeback was before, they quickly come to loath these financial nightmares.
From Big to Small: Large Companies Becoming Small Businesses
When the calendar turns to Monday, July 14, 2014, an estimated 8,500 large and medium-sized U.S. companies will suddenly fall under the small business umbrella in the eyes of the SBA.
Does the Success or Failure of Your Business Depend on Cash Flow?
Cash flow is simply the net change in a company’s cash position from one period to the next. So, can something that sounds so mundane really mean the difference between the success or failure of your business?
Turn the Table: What’s an Angel Look Like?
Angel investors, particularly those in organized angel groups, are typically former entrepreneurs who have had successful liquidity events in their pasts, or executives of companies who’ve retired with the funds from their stock options.
Flying Blind
Imagine that you’re a seasoned pilot. You’ve filed your flight plan, then a massive snow storm hits. Visibility is zero and the winds are gusting up to 30 knots. Are you going to take off?