Remove Entrepreneur Remove Finance Remove Revenue Remove Small Business
article thumbnail

4 Accounting Tips For Startups And Small Businesses

YoungUpstarts

In my 15+ years as a startup founder, investor, and advisor — and now in my role as CEO of a bookkeeping and accounting startup — I’ve come across countless businesses whose accounts aren’t accurate or GAAP-compliant because they’re making the same four mistakes: Relying on spreadsheets to track their revenue and expenses.

article thumbnail

Taking Care Of Business: Advice For Small Business Owners During Slower Months

YoungUpstarts

by Jay DesMarteau, head of small business and government banking distribution for TD Bank. This can be stressful for small business owners, who already have a lot on their minds. A business credit score can greatly affect one’s chances of securing credit. Brush Up on Credit and Consult Advisors. The problem?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Financial Management: 7 Steps To Getting Your Small Business Debt-Free

The Startup Magazine

The Federal Reserve found that 70% of small businesses have unpaid debt, with 21% registering $25,000 to $100,000 in debt, according to Fundera. Interestingly, debt can significantly boost business growth. Whether you are new in business or an established entrepreneur, you need to be diligent with your finances.

article thumbnail

Who are the Major Revenue-Based Investing VCs?

David Teten

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Rational burn profile, up to 50% of revenue at close, scaling down.

Revenue 60
article thumbnail

A short guide to managing small business finances

The Startup Magazine

One of the most important things to get right when starting a small business is your finances, but if you’ve never had to organise invoices and pay taxes, this is easier said than done. Not keeping an eye on cash flow is where a lot of small businesses fall down, particularly in their first year of trading.

Finance 158
article thumbnail

14 Entrepreneurs Reveal The Business They are Starting this Year

Hearpreneur

This could be a home-based business, franchise option or whatever option looks attractive to you. One thing is certain, your business can succeed if you can put in the right energy and bring in the right people to kick-start it. What business are you starting next year? 1- Design print-on-demand fabrics. Photo Credit: Alex Wan.

article thumbnail

4 Reasons Small Businesses Fail

YoungUpstarts

Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is that too many of them fail. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year. Small Business Administration. LendingClub Inc. ,