Browsing Tag

start your business

41 posts
franchisee
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Top 4 Reasons to Become a Franchisee Versus Launching a Brand-New Business

Have you always wanted to own your own business? Do you crave the flexibility, immense freedom, and sense of fulfillment that coincide with being your own boss? If so, you may be in the process of brainstorming various company ideas that would prove lucrative in the long run. However, wouldn’t it be fantastic if there...
organizational apps
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Business Basics: 10 Best Organizational Apps To Help Startups

The creation of mobile apps has changed the way we live and work. They’ve enabled us to do take on a range of daily tasks, including instant messaging, file sharing, to-do lists, online banking and more. They’ve also made running a business much easier by allowing business owners to undertake tasks on the go and...
business opportunities
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8 Emerging Business Opportunities in the Post-Pandemic World 

The pandemic has changed the way business works. While the economic effects caused many businesses to fail, it also paved the way for many emerging business opportunities. Returning to pre-pandemic is no longer an option, and companies see this as a time to make real change and create new success. Taking the initiative to cater...
Ann Arbor startups
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Top Ann Arbor Tech Companies and Startups to Watch in 2022

Ann Arbor continues to be one of the top growing tech ecosystems around the country with some of the best startups to watch. A combination of university talent pipelines, top-rated quality of life, growing startup ecosystem, and growing VC funding has Tree Town topping lists as one of the best places to start a tech...
bankable
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How To Make Your Startup Bankable

You’ve probably heard it countless times: “If you fail to plan, you plan to fail.” While it’s always a great idea to think about your long-term personal goals, this adage is even more applicable if you’re venturing into entrepreneurship. Smart planning can go a long way in making your startup bankable. The U.S. Bureau of...
startup success
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How to Achieve Startup Success from Day 1

The decision to take the leap into starting your own business is never an easy one, regardless of your experience or industry. But as venture capital (VC) firms grow, with the average seed deal growing from $1.7 million to $4.6 million in the last decade, more and more people are breaking into the startup ecosystem....
unecessary expenses
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Unnecessary Expenses That Startups Should Avoid 

Starting a business can be an exciting time, and the idea of being your own boss and doing what you love is alluring to many. However, with startups being so young, they’ll have additional deficits from their initial costs. While there are essential costs every business needs to pay for its day-to-day functions, it’s easy...
second-time startup founders
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5 Real Advantages for Second-Time Startup Founders

As a first-time founder, starting a startup is incredibly difficult. Raising capital, finding product-market fit and acquiring customers isn’t easy. As a second-time founder,  it is a bit easier.  After our first company was acquired, I knew that I wanted to start another company. Working for yourself, especially during the earliest days of founding at...
purpose
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Gen Z’s Mindset of Purpose Fuels a New Business Model

In September 2021, 4.4 million Americans quit their jobs. We’re hearing about the Great Resignation everywhere--on TikTok and Forbes and everything in between. The industries affected are vast, and the reasons are highly variable. The common denominator, however, seems to be that there is a widespread shift in mindset among American workers that may no...
pitch deck
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The Ideal Pitch Deck is a Story, a Science, and an Art

In the startup world, it's pitch decks, not business plans that get companies funded. A deck is often the first impression an investor will get at the company, so it needs to look stunning. Making a pitch deck is an art, a science, but most importantly, a story. The deck should achieve three things: It...
starting a business
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5 Things I Wish Someone Had Told Me About Starting A Business From Scratch

We often envision the traditional startupper as either the 24/7 working lonely wolf or the adventurer enjoying long-sought freedom and flexibility. But with the hardships, pitfalls, upswings and victories that come with starting your business, it’s usually never either-or. All entrepreneurs have lessons to share on starting a business. That being said, there are still...
microlending
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4 Key Reasons to Consider Microlending to Fund Your Startup

Among the financing solutions available to startups and small business owners, microlending is one of the more accessible. Also known as microcredit, microlending has been gaining popularity in recent years – and for good reason. Keep reading to learn more about microlending and why you should consider this option to fund your startup. What is...
mistakes
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5 Tips to Turn a Costly Mistake into Future Gains

Making mistakes when starting a business is inevitable, but for some young entrepreneurs it’s enough to crush their dreams of ever starting a business again. The mistakes, failures and wrong turns in the world of business can be costly, but the cost doesn’t have to be worthless. Smart entrepreneurs take these costly mistakes, learn from...
multi-founder startup
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The Advantages, Challenges of Building a Multi-Founder Startup

Running a successful startup is ultimately a team game—irrespective of whether you follow the single or multi-founder approach. At the end of the day, success depends on how efficiently you allocate resources to solve problems. At a multi-founder startup, this is an art form. As one of the four cofounders of Capchase, we were able...
corporation
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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...
startup mistakes
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5 Mistakes Derailing Startup Founders

Your startup idea is your golden child – and it should be. But keep blind enthusiasm in check and move forward strategically and realistically to avoid the mistakes that can derail your project. You know that feeling when an idea is so good it wakes you up? You fumble around in the dark for your...
family business
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12 Keys to Family Business Success

Family members start a major portion of new businesses launched in the U.S. every year. Brothers come to mind, of course, when it comes to family business. Whatever the family ties, however, starting a business with a spouse, parents, siblings, children or other family members presents unique challenges over and above the usual problems a...
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Trademarking Your Startup: Claiming What Is Yours

Working in a startup comes with its own set of ups and downs, but owning the creative rights to your work should not be one of them. Whether you are in the early stages of the company or have been around for a while, keeping the intellectual property (IP) at your organization’s discretion is a...