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[INTERVIEW] Michael Majeed, Finance Executive, SR&ED Tax Consultant

YoungUpstarts

Many companies seek angel investors, venture capital and even family and friends’ money when they’re planning to start a company. The profit margin must account not only for the costs to produce the product or service, but the additional money needed to cover operating expenses, such as costs of debt. .

Finance 217
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14 Tips for Starting a Successful Business

Up and Running

Diving into the financials, dealing with vendors, the hiring process, or a variety of other tasks—no one is passionate about every facet of business operations. With this information, you can forecast the viability and profitability of the business. Once you have actual financial data just update your forecasts.

Forecast 154
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8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . When you’re just starting out, there’s so much you don’t know—about your customers, your competition, and even about operations. . Good questions.

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8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . When you’re just starting out, there’s so much you don’t know—about your customers, your competition, and even about operations. . Good questions.

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From Idea To Execution: Building An Efficient Workflow For Your New Venture

The Startup Magazine

Will you opt for direct sales, subscriptions, or a freemium model? Optimising Your Operations Efficiency is the name of the game when it comes to operations. Whether it’s managing your supply chain or automating customer service, look for ways to optimise every aspect of your operations.

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Forecasting Models: What You Need to Know

Up and Running

Whether your business is brand new or it’s been around for a while, you’ve probably thought about putting together a financial forecast. Most lenders and investors will expect it to be part of your business plan. But how do you know if your forecast model is reliable? What is forecasting? March at Stanford.

Forecast 114
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7 Team Attributes That Can Make Any Idea Come Alive

Startup Professionals Musings

There is an old saying in the startup investor community, “Smart investors invest in the team, not the idea.” As an angel investor, I’ve learned to believe in this approach, since I have seen great ideas go astray, due to poor execution and I have seen apparently marginal ideas make millions, managed by a savvy entrepreneur.