There will be a day when you have a full staff of employees. But as you are building your company from the ground up, you have to make the […]
Keeping your business organized and structured is key to managing your most valuable asset – time. Selecting a few basic software packages that can do this work for you […]
Do-it-yourself bookkeeping and accounting can help you through the early days of getting your business off the ground.
The problem with business leaders spending […]
Many businesses struggle not because they can’t generate sales, but because they don’t manage cash. There is nothing more important to the success of your business than your system for managing […]
It is important to have a separate bank account for your business because you do not want to commingle your business funds with your personal funds.
One reason that you do […]
Let’s walk through the very simple process of how to do it online in Colorado.
Start by going to the Colorado Secretary of State’s website and navigating to the business section.
If […]
We’ve all heard the saying, “It takes money to make money.” And in the case of most startups and small businesses, it’s true. You are going to need some amount of money […]
No one likes to think about taxes. But as a startup you must consider them when you are making decisions about how to set up and run your company.
Entrepreneurs have plenty on their plate and the last thing we want to do is to learn the law. That being said, there are lots of things that entrepreneurs […]
A significant portion of a business’ value lies in its intellectual property. With many startups any value lies in the value of their ideas.
It is vital for businesses to ensure they clearly own […]
Founders often ask themselves “do I need to form a company to start a business? The answer is “no” but if you don’t set up a company, you will likely […]
Setting up an accounting system is another way to manage your risk as a business owner, because if you let your books get sloppy it could sink your business.
There are […]
Setting up a business also means putting in place processes to receive payments. While you don’t need any special license or permit to start accepting money from customers, there are […]
Your legal business name is what's registered with the state. Your business name is what customers see. The difference, when each matters, and where DBAs fit.
Entrepreneurs often ask the question, “do I have to set up a company to start providing my product or service?”. The answer is technically “no”, but […]
It’s not always obvious which roles you should be hiring for in your company or when to do so. For many […]
Product positioning strategies that keep you top of mind - how to differentiate from competitors, address real buying criteria, and say it in one clear line.
Starting your own business to get rich is backward thinking. Put yourself behind a product or service that you know, […]
Y Combinator introduced the safe (simple agreement for future equity) in late 2013, and since then, it has been used by almost all YC startups and countless non-YC startups […]
While raising money for an entrepreneur can seem like a daunting task, there are actually specific steps you can take to make your company a more attractive investment. These include […]
Establishing a standard process for communication helps to keep various constituents informed and brings consistency to your messages. Tailor the content of the communications to your business. Assign ownership […]
You feel disorganized every day but you are not really sure how to change that. Certainly many of the other perspectives in this guide (e.g., setting priorities, […]
Every company has the same basic functions—sales, marketing, product, operations, finance, etc. Organize regular meetings for each department or for major issue that require attention (e.g., pricing, […]
Things move fast and it is hard to keep everyone informed. Distribute a one-page Business Summary at the same time each week that updates company constituents on […]
Wouldn’t it be great if at the beginning of your entrepreneurial venture you were handed a “Starter Kit” that magically put everyone on the same page and created efficient ways […]
