Gust

article thumbnail

News: What the Inflation Reduction Act Means for Startups

Gust

One topic that isn’t getting enough attention, however, is that this bill is big news for small businesses and startups. To put it simply, the bill impacts the research and development tax credit. There is a lot of news about this significant legislation and what it’s doing for lowering drug costs and subsidizing clean energy.

Startup 170
article thumbnail

Social Media is a Boon to Startups Who Do It Right

Gust

To avoid these mistakes and create compelling and relevant content, you need to focus your startup on the following initiatives: • Develop a social media plan that targets audience and your business objectives. small businesses. Done right, it’s not a one-off campaign by a handful of staff; it’s a long-term commitment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 10 Best Sources of Cash to Start Your Business

Gust

Small business grants. Related sources include local business development agencies. If your company needs only a temporary or small infusion of cash, you should try for an SBA loan, or a bank line of credit. You have to be relentless in this pursuit to win. Loans or line-of-credit. Commit to a major customer.

article thumbnail

Can Your Startup Flourish Despite Business Chaos?

Gust

Some small business owners hope to reduce stress by keeping their business static, and believe that they can rely on referrals and repeat business to keep a consistent customer set. Your only choice is to live with it, and find a way to conquer it. Don’t count on your IP to save you. Employees stop innovating.

Startup 156
article thumbnail

Don’t Forget Grants If You Need Early Seed Money

Gust

Typically they can be used to fund product development and commercialization that would otherwise require outside investors. A good place to start looking is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups.

article thumbnail

The Cost Equation for a Startup is Better Than Ever

Gust

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. I recognize that different small businesses will have different types of startup costs.

Cost 139
article thumbnail

Knowledge Is Power: Convertible Note Financing Terms, Part III

Gust

Those deal terms reflect the relatively high-risk nature of this kind of early stage investment; a bank lending money to a small business would likely require collateral, a personal guarantee by the owners, or both.

Finance 107