Finance
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…
3 Important Ways to Build a Strong Financial Foundation for Your New Business
So many Americans dream of starting their own business. Being your own boss, pursuing your passion and the freedom and independence that it brings is priceless. We’ve all had that moment where we’ve considered how…
Why You Need to Track Your Business Mileage
The most successful small business owners share a few common traits — they work really hard, they get a little bit of luck and they work smart. One smart thing to do is to make…
Walmart Acquired ModCloth But Left Customers Unhappy
The news of Walmart acquiring clothing and apparel giant ModCloth has spread like wildfire. Skeptics and industry leaders have shown mixed reactions to the news, more so because ModCloth is a favorite brand among fashion…
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