Posts Tagged ‘Startup’
How to Use Forex Trading to Finance Your Startup
Financing a startup business is incredibly difficult. Since the credit crunch of 2008, mainstream banks have been less willing to fund startups, leaving many people’s dreams just that… dreams. However, being turned down by a bank doesn’t mean that your dreams cannot become reality. Instead, it merely means that you may have to find alternative…
Read MoreTranslating Your Hobby into a Business Breakthrough
To my surprise and delight, I recently found motivation in unexpected ways. I’m someone who has always really enjoyed looking at other people’s gardens. I literally stop to smell the roses, lilacs, peonies and any other blooming vegetation—but I’ve always told myself that gardening was not for me. The idea of digging around in the dirt…
Read MoreThe Formula for Business Success is Simple
Yeah, sure. That’s what you probably thought when you read this blog post title. Nothing in business is simple, right? Experts will offer advice that relates to what they’re selling. They promise the moon if you do what they say. But, the formula is rather simple. But, before I give it away, here’s an example…
Read More4 Ideas to Help Your Business Hit the Ground Running
Before opening a new business, you might hear about other companies that failed within the first few years of operation. The reason those companies fail is because the owners were not fully prepared for the future. They tried to grow too large too quickly and hired the wrong people, but you can hit the ground…
Read More10 Businesses You Can Start for $1,000 or Less
Mighty oaks from little acorns grow. – Traditional English proverb. I’m willing to wager that many of you reading this have a regular routine of stopping by your favorite local barista each day to pick up a flavorful coffee drink. If that’s you, according to one estimate I saw recently, you’re spending some $800 a year…
Read More8 Steps in Securing a Bank Loan to Fund Your Startup
A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back…
Read MoreContent is Still King in Building Your Business
Providing relevant, valuable content is one of the most effective ways to attract new clients and develop a loyal customer base. When you use content to brand your business, you have access to unlimited exposure via social media networks and online channels. Consistently adding to this bank of information over a period of time is…
Read More6 Hidden Business Startup Costs
Starting a business is exciting! You’re finally ready to bring your dreams to life, become your own boss, and strengthen your local business community. You’ve got everything figured out…at least, you’re pretty sure you do. But with a new business come lots of startup costs, and you want to be sure not to overlook them.…
Read MoreStart Your New Venture Without Quitting Your Day Job
Many experts will tell you that you can’t succeed as a part-time entrepreneur, as any good startup will require a 100 percent commitment of your time and energy. But not many of us have enough savings to live for a year or more without a salary, fund the startup, and still feed the family. Thus…
Read More5 Steps to Maximizing Your Startup Cash Flow Runway
Cash flow is a basic survival metric for every startup. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. Desperate entrepreneurs…
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