Browsing Tag
Marco Terry
8 posts
Inventory Financing: Is it right for your business?
Is Inventory Financing Right for Your Startup? Inventory is one of the most difficult things to manage for a startup or small business. It requires a delicate balance between your cash flow and your products. Mistakes are usually expensive. Too much inventory ties up valuable cash flow in unsold stock or raw materials that just...
Line of Credit: Advantages, Disadvantages & More
Is a Line of Credit the Right Solution for Your Startup? Running into cash flow problems from time to time is part the process of running a startup. Sales growth is never orderly and can happen in spurts. These inconsistencies can be hard to manage and often leave you cash-strapped, without enough money to pay...
Should Your Startup Bid for Government Contracts?
Government Contracts: Could your business be ready for them? Few of the startups I have spoken to during my career ever think about bidding for government contracts. Some founders view government contracts as time-consuming and boring. Others prefer not to try, simply because they think the bidding process is tedious and full of red tape....
Going International? Is your business ready?
Should Your Startup Grow Internationally? Most startups focus their limited resources on trying to grow their client base in their home country. This strategy makes sense. In general, these clients are often easier to get and to service. However, there are benefits to getting clients internationally. In my case, it provided many benefits including faster...
Need a Business Idea for Your Startup? Try This Method!
Try this method if you need a business idea This article teaches you a method to generate a viable business idea. One of my greatest challenges when I started my company was coming up with the actual business concept. I knew I wanted to start a business but did not have a specific concept in...
Finance Your Startup: Seven Realistic Ways
Looking for a way to finance your startup? One of your highest priorities as an entrepreneur is getting your new business funded. Without funds, you won’t be able launch and execute your business. So how do you finance your startup? The funding process is inherently difficult and can be challenging for some. However, you can...
How to Run a Startup While Working a Regular Job
Launching your start up while working a regular job Many entrepreneurs launch their startups while they work a day-job for another company. This arrangement offers them the flexibility to earn a salary while also allowing them to focus on their venture. While this situation is ideal, it’s difficult to manage. It requires a very delicate...
Are you ready to quit your job and launch your company?
Steps to consider BEFORE you quit your job and launch your company One of the biggest challenges for most entrepreneurs, especially those with established careers, is quitting their job to launch a startup. The transition from a steady paying job to an uncertain startup can be difficult for many entrepreneurs. However, managing this transition correctly...