Entrepreneurs must wear various hats to propel their venture to scalable heights. That includes being on top of your startup's finances and taxes. Moreover, proper accounting and bookkeeping are the cornerstones of a healthy organization.
Keeping track of your startup's financial statements and maintaining accurate financial records ensures your startup...
It's reasonable enough that every entrepreneur intends to maximize the startup's value they have put many resources into while still ensuring that the overall selling costs are at the bare minimum.
Other than understanding the difference between value vs price, unexpected bills and taxes will determine what your net sales...
Getting funding for a startup, especially loan applications from financial institutions, is not usually straightforward. Many entrepreneurs have had banks close their doors on the, even when they believe they have done everything right with their loan application. So, what could have gone wrong? Why was your startup’s loan...
Turning an idea into a competent and profitable business is the utmost priority for many entrepreneurs. As exciting as it may be seeing your venture keep its doors open, for one reason or another, you might find yourself wanting an exit strategy.
IPO, stepping down for others to lead or...
Investing in freelance management solutions.
A look into the crowdfunding campaign of Skwish
Interview with Chris Williams Co-Founder and CC0 of Skiwsh, a website that helps freelancers focus more on their work and less on the administrative side of their business. Skwish will shortly be launching a crowd funding campaign on Invesdor and this will open...
Insubstantial funds at the beginning are a significant impediment hindering the maturation of many startups. In addition, a startup operating cost can be overwhelming, making it difficult for your yet-to-be-established venture to keep its doors open. Therefore, it's paramount for all startup owners to be savvy in reducing business...
As an entrepreneur, the last thing you want is for your small business to be caught on the wrong side by the taxman. That means being on top of your companies financials and taxes. While getting a tax professional helps you manage the taxman and other tax issues professionally,...
Given the success rate of startups, 10%, it's reasonable to gather why entrepreneurship isn't a forte many people excel at. But, contrary to what some individuals might perceive, businesses do not crumble overnight or rather suddenly. Instead, it's a gradual and almost inappreciable process that business owners might fail...
Starting an Amazon business might seem like venturing into a jungle, but with the right guide, you can turn it into a thriving ecosystem. Amazon, being the colossal marketplace it is, offers a golden opportunity for startups to reach millions of potential customers. But how do you make your...
Incorporating various marketing tactics in your startup’s operation will play a vital role in ensuring your startup keeps its doors open. Email marketing, conversational marketing, social networks, and viral marketing are just some of the most powerful yet cost-effective marketing techniques for generating leads and scaling your startup.
Also, in...
Raising money to get your startup off the ground is often the most significant impediment for your growing venture on the path to securing a solid chance of success. And it's no surprise that's usually where even the most creative and promising startups bite the dust.
However, with a proper...
Silent partners might just be the unsung heroes of the business world. They offer the financial lifeline that startups and small businesses often desperately need without demanding control or a say in daily operations. If you're looking to kickstart your business while keeping the reins firmly in your hands,...
Yes, your startup is on the path to securing a solid chance as a successful venture. Your products or services are valuable to consumers, and you intend to target a broader audience. Bootstrapping your growing venture may be a formidable prospect filled with uncertainty.
Franchising your startup is a feasible...
No matter the industry your startup is in, one of the keys to success is having a solid and robust connection with your customers. The more unhappy your customer base is, the faster your business will close its doors.
That means going an extra mile than just providing a service...
As a startup owner, it’s essential to track specific metrics to take your organization to a new level. Unfortunately, a prevalent mistake some entrepreneurs make, especially after launching their venture, is focusing solely on revenue and profits.
Don’t get it wrong. Yes, keeping track of your startup’s revenues and profits...
Your first year in business can be pretty overwhelming. From the diverse learning, making mistakes, hitting incredible highs, questioning your opinions, and most of all, filing taxes.
We know taxes are quite challenging, especially if you have no background in accounting/ but, it shouldn’t take away the exhilaration of being...
Insufficient prowess is a top reason why many startups close their doors. Finding suitable candidates to handle the venture's critical operations can be intimidating for most emerging startups and SMEs. Making a bad hire can be expensive and detrimental in the long haul.
Unfortunately, there isn't a one-size-fits-all approach to...
Turning your idea into a viable venture is just the beginning. The next impediment you have to get across is finding the appropriate persons willing to spend on the products or services your startup is offering.
Your startup finding its right customers and attracting them at an early stage guarantees...
