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 […]
Entrepreneurs are not always aware of the various financing structures that may be available to them when raising new capital to finance their […]
Entrepreneurs are not always aware of the various financing structures that may be available to them when raising new capital to finance their […]
Entrepreneurs are not always aware of the various financing structures that may be available to them when raising new capital to finance their […]
Determining how much money to raise for your business is a function of several variables. Having more capital gives you more flexibility, but […]
Determining how much money to raise for your business is a function of several variables. Having more capital gives you more flexibility, but […]
The first four steps in the Legal Checklist for Startups included a lot of big-picture thinking. While all of these things […]
Item #4 in the Legal Checklist for Startups is to define your “where.” This doesn’t just mean figuring out what state […]
The next step to think about when starting your business is what we call “defining your who.” This is when you […]
Once you’ve set a clear mission statement, it’s time to look into the future of your business and define your end […]
Creating a clearly defined mission statement is the first thing you should do when starting a business or entrepreneurial venture.
There are many resources that […]
Knowing what you don’t like and what you are not good at is an important step to not only improving your company, but to making your day […]
Entrepreneurs have access to creativity that can energize a business. Don’t be deterred by the fact that there isn’t an established path. Most individuals don’t have […]
There are countless qualities that make for a great leader. We’ve boiled the most important qualities into three traits that we encourage you to […]
First, you need to understand that these behaviors undermine the day-to-day operations of your company from small details to major decision-making. Would you ever add a feature to […]
In addition to the functions you must perform, you also must be three things: unemotional, deliberate and thoughtful—all while in the midst of the […]
Creating financial projections for startups can be time-consuming and complex, so what makes it a worthwhile use of your resources? Two key startup functions require accurate financial projections. […]
The financial performance of a business is reflected in a series of what they call “financial statements.” While every entrepreneur does not need to be […]
If you’re not sure whether something needs to be tracked, err on the side of caution and assume that it does. In all cases, the following […]
While it is possible to manage your business accounting in a manual accounting system, you’d be much better served using an accounting software application.
Most entry-level applications on the […]
Customer Journey: The customer journey is the process through which a client passes from awareness to purchase. Companies often track customer journeys online and note […]
A difference is worth establishing when it meets at least one of the following criteria:
Your financial plan outlines how your business will perform from a financial perspective. It comes to life in the form of three […]
Most entrepreneurs are in a state of chaos. Everything needs to be done at the same time. Financing, people, product, customers, business models, technology, operations, […]
