Starting a business can be fun and thrilling, especially at the outset. But many of the mistakes that ultimately sink businesses can be made in the early […]
Now that you’ve laid down the basic foundation for your business and reviewed your needs, it’s time to put your plan into motion. But before you go out and start […]
When we say “potential liabilities,” we are talking about potential risks.
A liability is a risk that you can be held legally responsible for.
For example, if you have a storefront or […]
A cash flow forecast is an estimation of the money you expect your business to bring in and pay out over a period time. […]
As the entrepreneur we are always looking for ways to minimize spending. But there are certain things that form the foundation of your business that you should not skimp on. […]
Creating an effective budget is crucial to setting your startup up for success. It’s estimated that 65% of startup businesses aren’t fully confident that they have enough money to […]
In the chaos of your venture, and when under the influence of the daily pressure, passion, pleasure and pain you often find yourself saying things, doing things and allowing things that […]
It’s quite common for the entrepreneur to wonder if anyone will ever notice you or what you’re doing. Since we’re of the mindset that nobody’s paying attention anyway, we assume […]
You’re the CEO, so you think you know more about the business than anyone and for the things you don’t know – you’ll figure it out along the […]
How many times a day do things happen and your initial reaction is that of raw emotions without much thought to the consequences? That’s normal occurrence for entrepreneurs because […]
People will ask an entrepreneur “what is your plan and too often that question is met with a dazed and confused look. What does it mean to have […]
There are many great ideas that never come to life because entrepreneurs don’t know how to translate the idea into action. One of the fundamental ways to do that is to […]
When you are starting or running your business, you need to have a plan that ties your current state to where you want to go. […]
Figuring out the right pricing for your startup is a challenging, yet crucial, part of building a successful company. The way you price your product or service can make […]
Knowing your current and potential customers is a foundational piece of information for you to create your unique offering. In the process, not only do you see where you […]
A buyer persona is a vibrant profile of your company’s ideal customer. This should capture the type of person with an incredible need for your product […]
Identifying your target market and your ideal customer is essential to creating a sales and marketing approach that gives you the best chance of success. If you don’t know […]
Years ago, establishing a unique value proposition was easy. Today, with the advent of technology and competition from all over the globe, the ability to hone in on […]
In an entrepreneurial venture, you often don’t have negotiating leverage. You are anxious to get customers and even more anxious to complete an investment. When it comes […]
The daily life of the entrepreneur can be overwhelming. You work all day. There is no personal life and business life – it is all the same. You […]
As entrepreneurs we often feel disorganized and as our business progresses, it becomes harder to keep track of what you’ve done, what you’re […]
As entrepreneurs we often feel disorganized and as our business progresses, it becomes harder to keep track of what you’ve done, what you’re doing now, […]
Forecasting business revenue and expenses during the startup stage is really more art than science. Many entrepreneurs complain that building forecasts with any degree of accuracy […]
Forecasting business revenue and expenses during the startup stage is really more art than science. Many entrepreneurs complain that building forecasts with any degree of accuracy […]
Forecasting business revenue and expenses during the startup stage is really more art than science. Many entrepreneurs complain that building forecasts with any degree of accuracy […]
