(Note: This post today is written by Kelsey Arnold of Social Media Today. And, like the politicians say on the ads, “I approved this message.” Tim) For entrepreneurs with the right strategy, this is an exciting year to launch a new business with high growth potential. The JOBS Act that was recently signed into law [...]
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If you’ve never been to a business plan competition or angel conference, you really should try to find one to attend. They’re excellent networking events and great opportunities to see what other entrepreneurs are up to. But more importantly, they give you the rare chance to hear what potential investors like and don’t like about [...]
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Getting a big project or business off the ground isn’t easy. There are often startup costs that can hinder your development and slow progress to a crawl. While the typical solution to this problem is to max out the credit cards, get a loan from the bank, or find a private investor or an investment [...]
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Doing your homework before seeking an investor is absolutely number one priority. There are thousands, if not millions, of entrepreneurs that haven’t the slightest clue how to approach a deal. Here are some common mistakes I see entrepreneurs make when they’re talking to investors. Don’t say or do any of the following, and you’ll have [...]
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I posted 5 Things Every Manager Should Know About Financial Forecasts recently on the Industry Word blog on the SBA (Small Business Administration) community site. If you haven’t joined the community yet, and you’re running a business or starting a business, or thinking about it, the SBA in general and its community site in particular is [...]
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Bill Payne had a nice post on gust.com late last month titled Using your business plan, in which he lists the different forms or outputs people confuse with a business plan and sets each one into the proper use context. He defines the elevator pitch, video pitch, executive summary, PowerPoint presentation, and business plan as [...]
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With the end of the first quarter in sight and with economic indicators continuing to look positive, businesses may finally be ready to pull the trigger and replace their worn business technology equipment. Regardless of whether you are looking to move your business computing to the Cloud or to upgrade your computers, servers, smart phones [...]
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The social web is drastically changing the way young companies get noticed, and getting noticed by the right person or network can mean investment, growth, and ultimately business success. If you’re not keeping up to date on innovative new ways to find funding for your business, including crowd sourcing and Internet-based campaigns, you’re missing golden [...]
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Raising finance is a time consuming process and can also be quite stressful (particularly as time progresses). There may be some date in the future where your current trading position is no longer sustainable (which has brought you to the table in the first place). It is worth remembering that you need to recognise that [...]
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