Browsing Tag
capital
17 posts
The 7 Benefits of Forming a Corporation
Whether you are just starting your business or you have already been operating as a sole proprietorship or general partnership, you may be wondering about the benefits of forming your business as a corporation. Often, business owners think that incorporation is too costly or too time-consuming, and neither is the case. The benefits entrepreneurs gain...
Business Line of Credit vs. Business Credit Card: Which is Right for My Business?
As an entrepreneur, capital is one of your most valuable tools. It takes money to make money, but you often need an initial influx of cash to turn a healthy ROI. However, even the most successful businesses don't always have a pile of cash on hand to supplement its cash flow—that's where a business line...
Leveraging Credit to Build a Healthy and Thriving Business in 3 Steps
Popular media would have entrepreneurs believe that money is the solution to all of their business problems. Although 84 percent of business failures can be attributed to being undercapitalized and suffering from inadequate cash flow, money isn’t always the answer. With that said, capital is an incredibly valuable tool, that if used correctly, can fuel...
4 Funding Resources for Women Entrepreneurs
March is Women’s History Month, and last year, I shared an article about small business grants available for women entrepreneurs running niche startups. Grants are a fantastic resource for any entrepreneur starting or growing a business, as they provide a specific sum of money to fund your business. And, depending on the grant, other potential incentives include...
When You Invest in Women Entrepreneurs, the Impact is Priceless
Women entrepreneurs are an unstoppable force within small business. They’re disrupting, innovating and succeeding in every industry they touch, and they’re growing at a rapid pace. It can be seen in the 58 percent increase of U.S. women-owned businesses since 2007, compared to a 12 percent growth rate of small businesses overall. What is the...
Venture Capital vs. Angel Investments: What’s Best For My Business?
For those new to entrepreneurship, it’s not uncommon to get venture capital and angel investments mixed up when considering funding options for your business. The reality, of course, is that these two types of investors do not finance businesses in the same way. Each investor offers businesses different amounts of capital, and even the kinds...
Entrepreneurship is About the Journey, Not Just the Destination
The following is excerpted from "The Entrepreneur's Framework: How Businesses Are Adapting in the New Economy," available at select bookstores and on Amazon, in paperback and for the Kindle. All proceeds from book sales are being donated to the Big Brothers Big Sisters in Philadelphia, PA. Without a doubt, fear keeps the wantrepreneur from finding out...
Entrepreneurs vs. Solopreneurs: What Are Your Financing Options?
Working Americans choose to start a business for any number of reasons. There’s increased flexibility and independence, as well as more ambitious goals, like fulfilling a lifelong vision or dream. According to the U.S. Small Business Administration, nearly 30 million Americans are small business owners as of 2017. And although those millions of Americans are...
Creative Funding Options for Startups and Entrepreneurs
Startups and small businesses are a vital part of the U.S. economy: they serve as an incubator for innovation, make a significant contribution to the national GDP, and provide opportunities for diverse groups of people. In fact, nearly half of the nation's private sector workforce is employed by small business and a 2015 SBA study...
Why Every Entrepreneur Should Open a Business Line of Credit
Cash flow is one of the top concerns for small business owners and entrepreneurs, according to a recent report on the state of small business. That’s because having consistent cash flow is a necessity for success in any field. Unfortunately, the ebbs and flows of business, slow paying clients, operating expenses and other factors can...
When To Sell on Amazon… and When Not To
Online selling platforms are plentiful these days. E-commerce professionals have a variety of options for where and how they set up their store, from Etsy and eBay to Amazon and Shopify. Amazon is a popular choice for online sellers for a variety of reasons, but there are some important facts to consider before embarking on...
How to Find Silicon Valley Success Without a Silicon Valley Address
There is a quote that has stuck with me in the weeks since I sat on a Dreamforce panel moderated by Mark Cuban: “Talent is equally distributed, but opportunity is not.” Rachel Carlson of Guild Education made that statement, and she’s building an impressive EdTech startup in Denver on this basis. She’s recruited a rockstar...
3 Ways to Increase Your Chances of Getting Business Financing
The three best ways to increase your chances of getting financing for your startup are to: Know what lenders look for when determining if and how much financing they will provide Be prepared and professional when requesting financing to give lenders confidence in you and your business Look for alternative financing sources beyond the bank...
6 Successful Dealmakers Provide Top Tips on Raising Capital
Bootstrapping will only take your startup so far. Many businesses underestimate how much money they really need to keep going and growing, and they run out of runway. When raising capital, these investor-entrepreneurs and members of The Oracles share their best secrets, tips and strategies. 1. Soul-search For me, it’s all about enthusiasm. You need to show...
The 5 Criteria You Need to Choose a Business Loan
Starting a business requires at least some upfront funding. You can attempt to be frugal and startup on a tight budget, but most businesses will require at least a few thousand dollars to afford initial product stock, office supplies, technology and employee wages necessary to build the infrastructure of the business. A lack of capital If...
Demystifying Small Business Debt to Unlock Growth
It often seems as though people treat debt like they do the plague: a nasty state of negative balances that should be avoided at all costs. But debt is less of an enemy and more of an unsuspecting ally that may just be the thing you need to really get your business growing. How exactly...
How to Start an E-Commerce Business with Next to No Capital
Many aspiring entrepreneurs are often faced with the daunting task of amassing capital in order to commence business endeavors. The idea that you have to be rich to start a business, or attain a large loan from your parents, has been embedded in the minds of many. While there are businesses that have high barriers...