Startup
10 Strategies to Cover New Product Development Costs
The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service…
Why Marriages and Businesses Fail: A Love Story
In his speeches about strengths and weaknesses, thought leader David Rendall frequently tells the story of Brenda, a detail-oriented young lady, who falls in love with Eddie, a free-spirited young man. Brenda is the consummate ringleader….
How to Read the FDD’s Financial Performance Representations
Let’s be frank for a moment. The Financial Performance Representations, item #19 in the FDD, carry serious weight in determining if you purchase a franchise. It addresses the burning question driving every prospective buyer, “How…
How Can You Protect Your Mobile App Idea?
If you have an exciting idea for a new mobile app, but are new to the world of mobile app development, you may make the common mistake of thinking least about the thing you should…
7 Tips for Raising Capital as a Solo Founder
I’ve played a role in founding three startups, but I’d never tackled the trials of fundraising until Roomi. Within a year, I raised $2 million. Convincing someone to invest in your brainchild is one of…
10 Things Entrepreneurs Get Wrong About Success
Success is what happens when you’ve survived all your mistakes; success doesn’t happen until you have stumbled and fallen, only to get back up again. Entrepreneurs make the same mistakes all the time but it…
Choose the Right Non-Profit Group for Your Small Business to Support
Charitable contributions from your small business not only benefit the less fortunate but also allow you to receive a tax deduction. But what’s the correct approach for immersing your business into the world of philanthropy?…
Leveraging Social Media to Grow Your Home Services Mobile Franchise
With today’s busy lifestyle of having to balance work, children and the home, mobile home service providers offer consumers a way to more easily manage their day-to-day responsibilities providing them with increased flexibility and less…
Avoiding Joint Employer Issues When Owning a Franchise
What is a Joint Employer Issue? A joint employer issue can happen when one company may end up supervising what at first glance could appear to be another company’s employees. If a company has direct…
Which Term is Right for Your Franchise?
Converting your thriving business into a profitable franchise will bring about a seemingly endless laundry list of decision-making. One you will need to face is setting the best term for franchisees. Franchise terms, the length…
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