The Entrepreneurial Mind

JANUARY 17, 2011

The last couple of years have been rough on small-business owners and a discouraging time for aspiring entrepreneurs. Most forecasts for 2011 are indicating little or modest growth in employment. Small-business owners remain pessimistic about the near-term future. And weak employment means weak consumer spending.

Small Business Administration 64

Small Business Administration Bootstrapping Washington Forecast 64

Up and Running

MAY 22, 2017

For more on validating your business idea, our business idea validation checklist is a download that can help you with this process. Big idea, small business. Just coming back from watching your business idea fizzle? If so, you would do well to start small as you work on creating a new venture. No problem.

Due Diligence 113

Due Diligence eCommerce Cofounder Bootstrapping 113

Small Business Force

FEBRUARY 21, 2014

In early stage companies (and even some later stage or mature ones), there is no one area where most entrepreneurs and small business owners are lacking in just basic fundamentals, than in dealing with their company's finances and financial management. If it was a manufacturing business, cost of goods sold (COGS) were critical.

Finance 37

Finance Management Forecast Entrepreneur 37

Up and Running

MAY 15, 2018

Creating a scalable business model. Whether you are hoping to expand a small business with a loan or going for a round of venture capital, you will need a scalable business model. Investors in particular want to fund only scalable or ready to scale businesses. Your business idea itself needs to be scalable.

SBA 84

SBA Angel Investor Technical Review Startup 84

YoungUpstarts

DECEMBER 1, 2013

And when you’re bootstrapping a business, a mistake can be even more costly than not leveraging a chance for advancement. Those words are most often uttered by small business owners in reference to marketing. Excuse # 2: “I tried that once, and it didn’t work.”. Excuse # 7: “I’m playing a defensive game.”.

Florida 182

Florida Cofounder Tampa Hiring 182

Up and Running

OCTOBER 21, 2014

While our data does apply to a US audience, the reasons for starting a business really aren’t going to be that different, whether you’re in Canada or South Africa. Think the country is dominated by big businesses run by people with MBAs? You don’t need any ‘special’ training to run a business.

Elevator Pitch 166

Elevator Pitch Software Review SBA Business Plan 166

YoungUpstarts

MAY 8, 2014

Sometimes that sabotage might cost you ‘only’ a customer or a sale… but over time, a few customers here and a few dollars there can lead to your closing your doors forever. Likewise, don’t skimp on the time and energy you pour into your business. Holding resources in reserve. Putting it all on the line is a frightening prospect.

Technical Review 254

Technical Review Entrepreneur Florida Cofounder 254

Up and Running

MAY 15, 2019

Most small businesses and startups that are looking to grow— hire a new employee , or buy a new piece of equipment, or open a new location —need to think hard about cash flow, or making sure they have enough money in the bank to meet payroll and other financial obligations. Cash must be available to cover costs and offset delays.

Oregon 24

Oregon Jordan Software Review Distribution 24

Up and Running

FEBRUARY 21, 2017

It’ll be necessary here to do some type of financial forecast , or perhaps a business plan (we recommend a Lean Plan ). Depending on the type of business you’re starting, the types of funding available to you will vary greatly. Quitting your job to start a business certainly has the potential to light a fire underneath you.

Finder 121

Finder Turkey Business Plan Bootstrapping 121