Considering asking your friends and family to help fund a business? Many small businesses and startups turn to family and friends for funding. To do so successfully (and without damaging the relationship in the process), you'll want to follow these tips.
Building business credit creates more financial opportunities for your business. Banks, lenders, and other suppliers all rely on business credit reports to assess the creditworthiness of your company. Here's why having a business credit card matters.
Private equity can be the infusion of cash you need to get your startup off the ground—but you run the risk of losing control of your business. Here's how to prevent this from happening.
By Rich McIver
As a startup founder, your financial situation and getting your ideas funded are likely at the forefront of your mind much of the time. In fact, raising capital can be one of the most difficult tasks that any entrepreneur has to accomplish—it takes time, intelligence, creativity, and yes, a little bit of luck. However, there...
By Owen Andrew
Let’s be honest, when it comes to funding, it’s never as straightforward as business advisors, lenders, backers, and investors might have you think. And, if you’re a small business, it’s unlikely you can afford to pay someone to do all the legal research and nit-picky stuff that the big boys can. You have to get...
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.
I had the opportunity recently to ask Sam Jain, the CEO of Fareportal, about his experience as growing his business from an idea to a multibillion-dollar organization.
Every time I hear the old blues song “God Bless the Child” I think of startups, bootstrapping, and owning your own thing. During the last few weeks I’ve had to explain to several people hoping for angel investment that their startup wasn’t getting into the finals for our local angel investment group, the Willamette Angel...
By Tim Berry