The Startup Magazine

MAY 4, 2023

As tax filing season approaches, small business owners start to panic. Small business tax planning is a crucial task to get right from the beginning. Here we have listed seven tax planning strategies for small businesses to lower their tax burden. If you are new to the tax world, let us help you.

Small Business 123

Small Business .Net Retention Employee 123

YoungUpstarts

AUGUST 10, 2017

Roughly 27 percent of startups can’t get the funding they need to take their business to the next level, according to the National Association of Small Businesses. Investors want to see in-depth financial reports that reinforce the startup has an organized business model with potential for revenue growth.

Software Review 124

Software Review Technical Review Due Diligence Startup 124

Hearpreneur

JANUARY 19, 2022

We asked entrepreneurs and business owners about the pivot they are making as a result of the pandemic and here are the responses: #1- Social media marketing. My business pivoted quite well as a result of the pandemic. Due to that, we decided to widen our client base to increase our revenue. Photo Credit: John Elder.

Entrepreneur 114

Entrepreneur Metrics Technical Review North America 114

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Flexible VC: Revenue -based. Of the Inc.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Startup Professionals Musings

DECEMBER 17, 2013

Entrepreneurs have no trouble focusing on how to build a product, and the good ones know how to find and nurture those first critical customers. Many, however, don’t know how to take their small business to the next level. Productivity ratios can be applied to almost any aspect of your business. Size of gross margin.

Metrics 252

Metrics Technical Review Retention Acquisition 252

YoungUpstarts

FEBRUARY 20, 2019

Navigating the transition between a salaried employee and running your own consulting business can be tricky. And if you like what you read here, be sure to read the complete 10 step guide on how to start a consulting business. First, you will need to choose the legal structure for your new consulting business.

Small Business Administration 147

Small Business Administration LLC Limited Liability Company SBA 147

crowdSPRING Blog

JUNE 25, 2018

Many startup myths threaten to hold back even the best-intentioned entrepreneurs. In spite of those sobering numbers, today, there are close to 400 million entrepreneurs worldwide. Many people looking to start a business hesitate because they’re don’t know what it will take to get started. Living the startup life.

Entrepreneur 83

Entrepreneur Chicago Cofounder United States 83

Small Business Force

SEPTEMBER 10, 2017

Whether you’re an early-stage company or have been around for ten years, for entrepreneurs, leading and managing a small business, especially its growth, is never an easy task. ” I was brought in as the CEO to turn around a small publicly-traded technology company. But like Lego, we got surprised. Good or bad.

Small Business 32

Small Business Leadership Salary Forecast 32

crowdSPRING Blog

JUNE 25, 2018

Many startup myths threaten to hold back even the best-intentioned entrepreneurs. In spite of those sobering numbers, today, there are close to 400 million entrepreneurs worldwide. Many people looking to start a business hesitate because they’re don’t know what it will take to get started. Living the startup life.

Entrepreneur 48

Entrepreneur Chicago Cofounder United States 48

Up and Running

AUGUST 19, 2014

You might have held off paying yourself while launching your startup, but is it time to give yourself a salary? You may be the last on your list of creditors when you’re just starting a business, but at some stage, you’ve got to start earning yourself. You’ve been better than “break even” for one year.

Salary 119

Salary Sweat Equity Silicon Valley Sales Cycle 119

YoungUpstarts

NOVEMBER 7, 2018

Maybe you woke up one day and decided to start a business on a whim. Or maybe you sat long and hard, mulling over your business idea in your head for years before finally taking action. Maybe you fell into becoming an entrepreneur by accident. ups and downs of owning and operating a business.

LLC 153

LLC Limited Liability Company Entrepreneur Salary 153

crowdSPRING Blog

JANUARY 27, 2013

We write often about ways small business can reduce expense, increase productivity, and operate more efficiently through a lean approach to marketing, technology, and operations. The business benefits by gaining a capability that it may have lacked and the contractor by gaining a paying client. Internal Revenue Service .

Lean 99

Lean Hiring Salary United States 99

YoungUpstarts

NOVEMBER 30, 2018

Starting a business can be financially tough, especially when you are younger. Check out these life-saving financial tips for young entrepreneurs. There are over 25 million entrepreneurs in the US alone and it should be no surprise that this number is continuing to rise every year. Figure Out a Salary for Yourself.

Entrepreneur 124

Entrepreneur Forecast Salary Viral 124

Mike Michalowicz

JANUARY 19, 2017

The consideration of hourly versus salary is one of the most daunting challenges gyms and fitness centers face. Here are some pros and cons of paying hourly instead of salary and of course there’s always the straight commission method as well. 2nd Con: CONFUSION – It can be difficult to determine a starting salary. .

Salary 60

Salary Security Employee Cost 60

Mike Michalowicz

JANUARY 19, 2017

The consideration of hourly versus salary is one of the most daunting challenges gyms and fitness centers face. Here are some pros and cons of paying hourly instead of salary and of course there’s always the straight commission method as well. 2nd Con: CONFUSION – It can be difficult to determine a starting salary. .

Salary 68

Salary Security Employee Cost 68

YoungUpstarts

SEPTEMBER 23, 2020

Are you a young, new, or aspiring entrepreneur looking to take your first steps with investing in gold and are not sure on how to interpret the daily gold price? You would want to invest some of your small business revenue anyway, and since gold has always been a great inflation hedge, it seems the natural choice.

Institutional Investors 241

Institutional Investors Government Salary Stock 241

YoungUpstarts

FEBRUARY 28, 2013

Nationwide, small businesses are heading optimistically into 2013, with 54 percent expecting revenue to increase in the next 12 months and 31 percent planning to add headcount this year according to a recent Bank of America survey. Establish a business phone number. Capture more business from your website.

Entrepreneur 196

Entrepreneur Hosting Startup Small Business 196

Duct Tape Marketing

APRIL 18, 2024

With her expertise, she’s boosted hundreds of agencies to millions in revenue, attracting premium clients willing to pay 50-600% fees. As a former business exit advisor, she crafts exit strategies, adding up to five figures to clients’ net profit monthly so they can focus on growth. It's time to transform your approach.

Framework 64

Framework Sales Cycle Sales Hiring 64

YoungUpstarts

FEBRUARY 28, 2020

Starting a luggage storage business is not as easy as it sounds. However, being an entrepreneur is exciting and challenging at the same time. A business plan for luggage storage is an excellent opportunity that you must explore. But do you know how to start a luggage storage business? Every entrepreneur needs this. .

Naming 205

Naming Revenue Demand Salary 205

Up and Running

JANUARY 29, 2019

Though you may be tempted to immediately throw yourself into your new small business, don’t forget a crucial element: creating a business plan. Yes, the words “business plan” might trigger some dread about epic documents that take a ton of time to produce—but that’s not necessarily what a business plan needs to be.

Lean 64

Lean Business Plan Revenue Forecast 64

The Startup Magazine

NOVEMBER 6, 2019

This means securing the funding, business premises, building your business presence online and hiring the perfect human resources. Around 62 percent of small businesses have no staff while 28 percent employ 1-5 employees. However, be sure to assess whether these areas are functional streams of revenue.

Hiring 61

Hiring Employee Entrepreneur Salary 61

Both Sides of the Table

JULY 13, 2013

My mom was an entrepreneur – she was kind of my inspiration for entrepreneurship. You know, there were a number of small businesses in San Diego that were producing hard drives and computer assemblies and, you know, a lot of stuff in the IT sector, and I had gone off to meet a bunch of them because I didn’t know if I could get a job.

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337

crowdSPRING Blog

FEBRUARY 28, 2019

What is the maximum figure I can safely spend on this business? What are my expectations of being an entrepreneur? You’ll also want to consider what specific niche is right for your photography business. This is true for any business, not just a photography business. Write a business plan. Find a niche.

Business Plan 64

Business Plan Small Business Administration Hiring Social Media 64

Hearpreneur

JANUARY 7, 2017

No matter the tale, the background behind each and every business is what fuels each and brand. We asked some entrepreneurs and business owners, why they started their businesses: #1 – I Have a Dream. I did start my business because I have a dream. I was the first social entrepreneur in the coffee world.

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

Startup Professionals Musings

FEBRUARY 15, 2011

I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Founders now routinely use their home to operate their startup until they are well into the revenue phase. As a rule of thumb, you should double every employee’s salary in estimating employee costs, so less is more.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

YoungUpstarts

JULY 16, 2020

This changes the tax treatment for part of your business income; instead of paying double self-employment taxes on your entire business income, you only have to pay that tax on the salary you pay yourself. The remaining amount of your business income is treated as a “distribution,” which is not assessed for self-employment tax.

LLC 255

LLC Bankruptcy Venture Capital Stock 255

Hearpreneur

OCTOBER 30, 2015

Being in love with your business, when you’re an entrepreneur, is even better. Although there are days when tossing in your hat seems like a viable option, remembering how much you love your “job” can quickly snap an entrepreneur out of that mentality. The reasons are as varied as the businesses themselves.

Entrepreneur 48

Entrepreneur Australia Software Review LLC 48

YoungUpstarts

AUGUST 28, 2014

By Hunter Hoffmann, Head of US Communications at Hiscox Small Business Insurance. At some point in their journey, most entrepreneurs will reach a tipping point where they need to grow from a one-person shop into a small business with extra help on board to really expand and reach their goals.

Hiring 189

Hiring New York City New York Forecast 189

Startup Professionals Musings

NOVEMBER 14, 2012

Entrepreneurs have no trouble focusing on how to build a product, and the good ones know how to find and nurture those first critical customers. Many, however, don’t know how to take their small business to the next level. Productivity ratios can be applied to almost any aspect of your business. Size of gross margin.

Metrics 266

Metrics Retention Acquisition Salary 266

Women Entrepreneurs Can

MAY 31, 2023

It can help you reassess your business’s weaknesses and strengths, predict potential risks and create a clear goal to progress. Using your chosen approach (top-down or bottom-up), forecast the revenue your startup will generate and the expenses associated with reaching that level of sales.

Balance Sheet 52

Balance Sheet Forecast United States Finance 52

YoungUpstarts

MAY 7, 2019

Create your own transparent and trustworthy brand and you’ll see higher revenues for your organization, too. You may need to use funds for infrastructural costs like salaries, utility bills, and rent. How to Make it Happen. Put the money you raise where you claimed it would go. This should be a no-brainer – but sadly, it’s not.

Salary 124

Salary Non-Compete Audience Reputation 124

YoungUpstarts

JULY 25, 2016

by Priyanka Prakash, Fit Small Business and Fit Biz Loans. Every small business is different when it comes to the need for financing. Some entrepreneurs can’t start their businesses without taking out a loan. Others completely bootstrap their businesses without borrowing a cent. Bottom Line.

SBA 100

SBA Bankruptcy Finance Revenue 100

Startup Professionals Musings

JUNE 18, 2012

I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Founders now routinely use their home to operate their startup until they are well into the revenue phase. As a rule of thumb, you should double every employee’s salary in estimating employee costs, so less is more.

Cost 255

Cost Burn Rate SEM Startup 255

Up and Running

MAY 16, 2016

See Also: 30 Small Business Ideas (for When You Don’t Know What Business to Start). At present, there are more than 386,000 home health care businesses in the U.S., With a low barrier to entry and a growing demand, it is an appealing business for eager entrepreneurs. million people. Nursing supplies.

North America 95

North America United States Technical Review America 95

Hearpreneur

JANUARY 7, 2022

Instead of working on a single product, I get to work with multiple smart entrepreneurs to bring their vision to life around healthcare and blockchain. It was great for many small business owners and great for me as a way to build my business and get more experience under my belt as a web designer ! 22- Enjoy life.

Entrepreneur 112

Entrepreneur Technical Review Software Review Non-Compete 112

The Startup Magazine

DECEMBER 17, 2023

The experience of starting and running a small business may vary from one entrepreneur to the next. But one lens for business growth that’s recommended by experts is the so-called “five stages of small business growth” model, which was first proposed in the 1980s.

Small Business 118

Small Business Philippines Revenue Audience 118