Cash is everything to a new business. How many times do we have to say this? The days of being able to trust that there will be an investor or lender on the other end of a call or email whenever needed ended with the 2000 and 2008 bursts of those respective bubbles. It’s entirely possible […]
Funding a Startup
4 Ways to Finance Your Small Business
Opening your own business is a thrilling venture. It can represent financial freedom to many, but worry about those finances remains part of the job for small businesses. Financing your business is an important part of starting a company that can make or break your business within the first year of operation. Here’s what you […]
Financing a Startup in Tough Economic Times
The COVID-19 pandemic has left budding entrepreneurs feeling uneasy about launching new ventures. As a potential recession seeks to emerge from the shadows, banks and financial institutions are tightening the reins on credit lending. According to The Wall Street Journal, big lenders like Chase, Bank of America and Capital One are updating lending requirements to […]
10 Strategies That Will Fail At Attracting Investors
Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Others will work hard on a business plan, and then mail it indiscriminately to every potential investor they can find on the Internet. Both […]
6 Keys To Managing Funding From People Close To You
In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. Other entrepreneurs never start their adventure, because they can’t face the prospect of even approaching friends […]
5 Simple & Smart Ways to Finance Your Business Even During Hard Times
Starting a business is exciting, even during uncertain times. But no matter what industry you’re planning to enter into, you’ll need money to make it happen. There are dozens of ways to finance a new business, but some of them are better than others. Here are five proven and easy ways to get your business […]
5 Factors That Set Your Best Startup Funding Strategy
With the advent and popularity of crowdfunding platforms, including Kickstarter and IndieGoGo, as a winning alternative for funding your new venture, I find that many aspiring entrepreneurs are confused about the need to ever seek a professional angel investor. I think it’s great to have more options, but I still see each one having a place, so don’t be […]
4 Basic Ways to Get Your Startup Funded
Thanks to the age of the internet, more people than ever before are beginning to discover new opportunities for bringing their entrepreneurial dreams to life. These days, you don’t necessarily need a huge amount of cash or a lot of investors to begin running your own company. With a little intuition and the right business […]
Why Set Up a Bank Account for Your New Business?
Starting a new business can be exciting—and also daunting. There’s so much to think about right off the bat. What’s your niche? Are you opening a location, or all online? How will you structure your business? Beyond those initial steps of starting a business, there is another one that doesn’t always come to mind right away: […]
Craving Funds for Your Startup? Alternative Financing Could Be the Right Solution
Exactly a year ago, Roman left his lucrative job at a multinational to venture into his own business. Although he was on a career path that most people could only dream of, he left it to pursue his dreams. He had profound expertise in the e-commerce industry and was confident of his success. However, things […]
