Private equity and venture capitalcan help you purchase an existing business. Unlike most small business loans, investors don't require you to pay back the money. Instead, theSBAsaid, "Venture capital is normally offered in exchange for an ownership share and active role in the company." Inves...
Brick and mortar businesses that want to grow, expand, and maximize their revenue need to sell online as well as in person. If you’re ready to expand your business and reach more customers, we’re going to show you how to sell products online. Whether you have an actual store, or are...
How much does it cost to expand a business? The cost of expanding a business will depend largely on the type of business you have and the scope of your expansion plans. For example, it can be especially costly to expand your product offerings or acquire an existing business. On the other...
It’s typically much easier to convince someone who already knows your brand and products to make a purchase than someone who has no prior experience with your business. When it comes to customer retention, determine how often you want your existing customers to reorder—once a month, once a...
Whether launching something new or adapting an existing business, it needs to be regenerative – that’s according to author, entrepreneur and pioneer in sustainability John Elkington. ‘This is more than a fad. Regenerative businesses represent a huge opportunity for ambitious startups to lead the...
Before you purchase an insurance policy, talk to a professional to see if personal liability protection is necessary. Other types of business registration include registering a trademark or filing for a patent to legally protect intellectual property like an invention or your business name. You may ...
Many want to start a business but are deterred by the investment required to get it off the ground. You must pay for a lease, purchase inventory and budget for employee salaries. If the business fails, it could ruin you financially. However, with an online business, all you need is: Co...
Next, choose whether to set up your site on a new, existing, or temporary domain. Select “Temporary Domain,”then click “Continue.” This will let you create a site before you purchase your domain. SiteGround will assign a temporary domain to your WordPress installation. To proceed, click...
The tools you need to start an online business are more accessible than ever—and so are the people who could purchase your product. Data shows that, by 2023, e-commerce revenue is expected to reach $740 billion in the U.S. alone. That’s some serious potential to start your e-...
Ready to launch a new venture? Here is everything you need to know about how to start a business in 14 effective steps.