Finance
How Your Small Business Can Overcome Its Debts
Starting a small business isn’t easy—or cheap. Even the most well-organized and generously funded business can quickly run into cash flow problems, so it’s hardly surprising that many small companies experience debt problems, particularly during…
6 Tax Moves to Make Before the End of the Year
As the hectic holiday season approaches, most people are wondering how they’ll be able to save on holiday shopping rather than what they can do to save on taxes. So, let’s explore some tax moves…
Finding Dumb Investors is a Dumb Idea
Are you looking for dumb investors? “How can I find investors who don’t take much equity?” “How can I find investors who don’t interfere with my running the business? I first posted my objections to…
A Guide to Balance Sheets and Income Statements
When you own a small business, organization and good recordkeeping are two of the most powerful tools you have at your disposal. Keeping track of things like sales, outstanding invoices and monthly expenses is essential…
Don’t Get Fooled by These Legitimate Investor Tricks
A few weeks ago Rus Yusupov, founder of Vine, found out that after a $30 million dollar sale in 2012, Twitter was shutting down Vine. The Tweet that followed sums up many startup founders egregious…
How to Find Out What You’re Actually Spending on Customer Acquisition
Getting a new customer isn’t easy, but it can be done. Before you break out the bubbly to celebrate, however, you’ll want to know how much money you spent to actually get that new customer. Talk about a…
After 20 Years: Updating the Berkus Method of Valuation
Well, it had to happen. Originally created in the mid 1990’s to help with the imprecise problem of how to value early stage companies, especially those in technology, I developed what soon became known as…
Preparing for a Small Business Loan
As busy small business owners, we don’t celebrate milestones enough. While the world may not know about the important steps you took before officially launching your business, you know the many joys and struggles that…
Snapping Your Way to Savings: Tax Tips for Photographers
Professional photographers capture some of the most important moments of each day. Perhaps you take pictures at press conferences, weddings, sporting events, or natural wonders of the world. While you’re probably an expert at timing,…
What NOT to Do When Pitching Investors: Lessons from Shark Tank
Are you an entrepreneur looking for investors? If you are, good luck. We don’t mean to sound cynical, but finding investors is a tough job. There are only so many new ideas in the world,…