planning
4 ways to secure funding for your startup

How to Secure Funding for Your Startup (with INFOGRAPHIC)

by Candice Landau

Why do so many businesses fail? According to a recent Forbes article, at the surface level, they simply run out of cash. It’s easy to get things wrong when you’re starting out and the article points out that 8 out of every 10 businesses fail within the first 18 months. Read more »

funding
How to impress angels

How to Impress Angel Investors and Make It into “Startup Heaven”

by Caroline Cummings

Ever wanted to ask an angel for advice? Now you can. Apart from a collection of tips direct from angel investors themselves, we're opening up our comment stream within this post. Got a question for one of the angels listed? Share it and they'll reply. Don't forget to use the hashtag #AngelTip on Twitter! Read more »

starting
startup

What’s the Difference Between a Small Business Venture and a Startup?

by Candice Landau

When I hear the word “startup,” my mind immediately begins playing a reel of a bunch of twenty-something year old web developers, huddled together in a retro office somewhere in the SF Bay Area. Drinking beer at midday, laughing about the epic, cool culture they’ve got going, and chatting about the fact that they spent... Read more »

planning
pitching business ideas in social situations

Do You Know How to Pitch Your Startup in Social Situations?

by Katherine Halek

You’ve struck stones together and you’ve finally seen a spark. You’ve worked hard to develop your ideas and build something worthy of faith and investment. But finding natural ways to pitch your startup may still seem like the most daunting task you’ve faced yet. Your elevator pitch, for all that it can be perfected,  can come... Read more »

funding
3791487536_071b8229e8_b

Got "Founder Fit?" If You Want Venture Capital, You Need It

by Candice Landau

A few weeks ago I spoke with Boris Wertz, founder of JustBooks, COO of AbeBooks and founding-partner of Version One Ventures. In as much as a scheduled interview with an angel investor can be, talking with Boris about what it takes to spark the interest of a venture capital firm was a coincidence. I’d reached out... Read more »

funding
Asset-Based Lending vs. Traditional Lending: Which is Right for You?

Asset-Based Lending vs. Traditional Bank Lending: Which is Right for You?

by Lew Koflowitz

Companies seeking financing to maintain and grow their business will often look first to traditional unsecured bank loans, since that is usually the least costly form of borrowing available. However, many small businesses are either:  Growing rapidly,  Do not have a lengthy track record; or  Do not have a sufficiently high credit rating As a result,... Read more »

starting
social enterprise

What Is a Social Enterprise?

by Angelique O'Rourke

A social enterprise is defined by its mission, specifically that it makes a positive contribution to a social cause. Because of this, the structure of a social enterprise can vary. Nonprofits are certainly social enterprises, but many for-profit companies fall into this category by making the conscious decision to have their focus be an altruistic... Read more »

funding
5 Things You Should Do with a Business Loan

5 Things You Should Do With A Business Loan [Free Webinar]

by Jonathan Michael

Thinking about getting a loan? Trying to grow your business but you’re unsure of where to start? Join us on Thursday, August 14 at 1pm ET/10am PT for “Five Things You Should Do With a Business Loan”—a free webinar that will help you understand how to get the most out of every dollar you get... Read more »

funding
Factoring Contracts

Need Immediate Cash? Consider a Factoring Contract

by Lew Koflowitz

Factoring your receivables enables you to obtain immediate cash to operate your business, without waiting 30 to 90 days, or even longer, for your customers and other creditors to pay down their invoices. But when entering into a factoring arrangement, as with any contractual relationship, it is important to understand the issues and requirements contained... Read more »

managing

How to Grow Your Business by Setting Goals [Webinar]

by Sabrina Parsons

We all have goals for our business, but sometimes we forget how important it is to clearly define these goals. This is especially true when it comes to financial goal setting for small businesses, where often financial goals are only vaguely defined or based too heavily on assumptions. Many small business owners may keep a... Read more »

planning
Why Businesses Fail

What is the Biggest Cause of Business Failure?

by Arlene Soto

There are many reasons businesses fail: lack of money, changes in the economy, ineffective management, employee turnover, theft, illness, or death of the owner are just a few. According to SCORE (Service Corps of Retired Executives), the main reason businesses fail is ineffective management, whether it be poor planning or not understanding all that is required... Read more »

starting
What is an L3C?

What is an L3C?

by Angelique O'Rourke

In recent years, socially-minded entrepreneurs have begun testing a new type of business entity: the L3C, or Low Profit Limited Liability Corporation. A low-profit limited liability company, or an L3C, is a legal structure (a variation on a limited liability company or LLC) that is relatively new to the United States. The United Kingdom began... Read more »

planning
Exit Strategy

What Startups Need to Know About Exit Strategies

by Tim Berry

  Startups looking for angel investors or venture capital (VC) absolutely need an exit strategy because investors require it. The exit is what gives them a return. Exit strategies related to startup funding are quite often misunderstood: The “exit” in exit strategy is for the money, not the startup founders or small business owners. The... Read more »

funding
What I learned from appearing on Shark Tank

What I Learned From My Appearance on Shark Tank

by Lisa Furgison

It’s not everyday that a television producer handpicks you to appear on ABC’s hit show “Shark Tank,” but that’s what happened to entrepreneur Kelly Costello. Costello is the founder of Puppy Cake, a company that sells boxed cake mix for dogs. It’s a lot like the do-it-yourself Betty Crocker cake mix, except the ingredients are changed... Read more »

planning
shutterstock_203013682

Business Money Is Tight Right Now, What Are My Options?

by Candice Landau

Every business has ups and downs and while many make it through, others don’t. Maybe you need money to buy inventory, to grow or even to strengthen your offering. Whatever the reason, the question is still: what are your options when you know you need a bit of extra cash on hand? Read more »

funding
What It Takes to Get Angel Investment

5 Essentials for Angel Investment

by Tim Berry

Three months ago I posted Securing Angel Investors in this space. I was responding then to a request that I explain the process step-by-step. But I’m afraid I skipped the first and, for some, the most important step. Before you begin, it’s vital to determine whether you actually have a solid investment opportunity, regardless of how good... Read more »

planning
Museum of Modern Art Non Profit Business

How to Write a Nonprofit Business Plan

by Angelique O'Rourke

Starting and running a nonprofit is an exhilarating experience, but it also requires thoughtful planning and execution to be successful. Nonprofit organizations share many overlapping needs with traditional for-profit ventures, including the need for a good business plan. At some point in the process of starting or managing your nonprofit, you will probably realize that... Read more »

starting
How to Pick the Right Lawyer For Your Startup

How to Pick the Right Attorney For Your Startup

by Caroline Cummings

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. Read more »

funding
The Basics of Small Business Loans - Video Featured

The Basics of Small Business Loans [WEBINAR]

by Sabrina Parsons

What do you need to know about small business loans before you apply? A lot! You have a lot of options, and there are a lot of variables in the equation that determines whether you’ll qualify for the loan you’re applying for (or whether that loan is even a good fit for you and your... Read more »

managing

Are You and Your Business Partner on the Same Page?

by Cassy Parker

Disputes over money can drive a wedge between the strongest of relationships, whether you’re part of a married couple weighed down by debt, or business partners disagreeing over the best use of the company credit card. When it comes to business, partners on opposite sides of heavy issues can stifle the ability of the company... Read more »