Up and Running
SEPTEMBER 9, 2014
If you’re in the process of starting a business or writing a business plan document, you’ll have heard the phrase “balance sheet” mentioned, or maybe you’ve seen one in a sample business plan. Now that we’ve had a general overview of the balance sheet, let’s take a deeper look at the information a balance sheet should include.
Board Effect
AUGUST 12, 2020
The National Council of Nonprofits recommends that nonprofit boards review their policies on an annual basis. It’s important to conduct an annual review of your policies so that your nonprofit organization remains in legal compliance and avoids liability issues. Take as many meetings as you need to do a thorough review.
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Both Sides of the Table
SEPTEMBER 28, 2014
I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. ” I highly recommend reading it. otherwise I prefer to invest less and risk less).
Up and Running
OCTOBER 16, 2014
According to a study undertaken by the Small Business Administration , 28% of companies go bankrupt due to problems with the financial structure of the company. Embed This Image On Your Site (copy code below): Courtesy of: Bplans The post The Entrepreneur’s Accounting Cheat Sheet appeared first on Bplans Blog.
Steve Blank
NOVEMBER 1, 2017
This article first appeared on the Harvard Business Review blog. In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup.
Up and Running
SEPTEMBER 10, 2014
Angels invest in one out of every forty deals they review (2.5%) versus the one out of 400 by VC’s (0.25%). They are professionals with full-time jobs, who often don’t have time for due diligence (and may not even know how to do it) and often make decisions through trusted referrals or based on gut feelings (more on gut feelings later).
YoungUpstarts
AUGUST 7, 2017
Hire a professional, or at the least, use inexpensive design software like Tailor Brands to create a great logo yourself. Create a schedule to knock out a handful each week during your first year in business, or look at different local marketing software that can handle it for you. Or reviews! Don’t skimp on a logo.
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