In an economic slump like the one we are currently experiencing, many people are starting small businesses. It is said that the most lasting businesses start in times of extreme economic turmoil. You can start a profitable business with little or no startup capital. Whether you are looking to create an online or offline business, a little financial ingenuity goes a long way in starting a business.
If you are in a services business for example, you can take advantage of flexible vendor contracts. These are vary popular with consultants who sell software services to customers or retailers. If it …
Tag: startup
Small Business Tips: How to Outlast the Start-Up Phase
There is nothing like owning your own company. Many people have good ideas that turn into a business. However, a challenge that they commonly face is they do not know what to do to make it through the start-up phase. This article describes three tips to help you start and move your company beyond the launch.
Do your research. When you are planning to open a company there are many questions that you will need to answer. If you are new to business development then it will help to start the process with a business plan. Each section helps you …
Practical Tips for Start-Up Entrepreneurs
The world is changing, the entrepreneur revolution is moving forward faster and with more clout. Technology especially cyber space has opened up the world; we can now trade with anybody almost anywhere. In times past we had to queue up at the library to access information, statistics and relevant data, now this is an issue of the past. The world is the oyster of the savvy entrepreneur due to access to unparalleled amount of information, to help make informed choices and better decisions.
Quite often a lot of us jump at the first ‘eureka moment’ without taking the necessary steps …
Top Ten Startup Mistakes That Almost Always Lead to Business Failure
Many startup ideas fail to ever be launched and many, many fail within the first year or two. In most cases, the failure has nothing to do with the business idea, but how the business side is handled. The business of entrepreneurship is business first, then operations (what your business actually does). The Top Ten startup mistakes that lead to ultimate failure are:
1. Insufficient Startup Idea Development: Most startups do not fail because the business idea is bad. The problem is that many first-time entrepreneurs fail to actually plan the business before sinking cash into the startup. No matter …
19 Ways To Fund Your Startup Without Your Own, Your Friend’s And Your Family’s Money
Believing it’s extremely difficult to come up with money in the first place to fund your venture and live your dream exists among the biggest objections to starting a business and living one’s purpose and dreams. But I want you to reframe this seemingly HUGE obstacle: If your idea is a genuine opportunity that has a great chance of paying off in a few years, both monetarily and in terms of your own satisfaction and happiness, are you really willing to look back to the past a few years from now and realize that you settled because uncomfortable obstacles stood …
Five Ways to Get Business Start-Up Funding
Getting start-up capital can be a challenging process as your business prepares to take its first small steps. No matter how great of a business idea you have in order to turn that idea into reality by launching your business you will need business financing.
How do you go about getting the money you need to start-up your business? There are a lot of ways to get the capital you need for your business and you only limited by limits of your own creativity. But here are five ways to help you get business funding to help you business get …