For product-based businesses you can’t produce anything without proper assets. It’s true for service companies as well. At least you have to have cash to pay your expenses and to help get the word out that your company exists. Service companies also need basic tools to provide service...
Ready to launch a new venture? Here is everything you need to know about how to start a business in 14 effective steps.
If you’ve visited our blog in the last few weeks, or are subscribed to our Hints & Tips newsletter you may have noticed that we’ve been talking about the ways people find small businesses online, and why making it easy for people to discover your business is crucial to your success....
When launching experiments, you should focus on speed. When it comes to money, ideally you don’t want to spend much. We typically try not to spend more than $500 per experiment. If your business has a lot of cash on hand, you can spend up to a few thousand dollars per experiment. ...
Starting a business is a pursuit that appeals to many, but not everyone knows where to start. This guide will walk you through the elements of starting a business and explain what you can expect as you embark on the journey.
Understanding your niche and knowing how your established or new business stacks up against others can help you identify industry trends you may be missing. Staying up-to-date with industry trends Small businesses can’t advance unless they cultivate new ideas. One way to do this is by knowing...
I believe neither is acceptable. We must change the way we think: living well does not need to mean having more private spaces; instead, it could mean having more public spaces. A better goal than building bigger houses...
37 Funding Resources for Black-Owned Businesses How to Find Investors: A Guide for Entrepreneurs How Do Business Loans Work 7. Create a brand identity. Once you have the first six steps squared away, you can focus on developing a unique brand identity for your business. Key components include...
If you’re unsure how to find your business’s worth, speak with a business expert to get an accurate valuation. We spoke with experts who shared a few tips on how businesses can find their value. What is a business valuation? A business valuation is the process of determining a business...
While some entrepreneurs are lone players struggling to get small businesses off the ground on ashoestring, others take on partners armed with greater access to capital and other resources. In these situations, new firms may acquire financing from venture capitalists, angel investors, hedge funds, ...