Most small businesses shut down not because people stop buying, but because money stops flowing. The owners might sell plenty of products while still scrambling to pay their bills each month. Bad planning usually triggers a nasty borrowing cycle that traps owners in growing debt. They might start with just one small loan but soon …
Continue reading “How Poor Financial Planning Leads to Business Failure: Fix It”
Oftentimes, a small cash crunch arises just when you lack sufficient funding. These might be a coincidence in your case or could be a common phenomenon when you have zero financial preparations. If you avoid it, the problem might become grave. For example, It has been a while since you launched your venture. However, because …
Continue reading “Efficient ways to manage bills and build savings”
A business may require extra funds to grow, market and scale hassle-free. Fundraising is the best combination of storytelling and data science. According to a report, “a cap table is critical for fundraising. It tells the story of a company’s operations, future perspectives, and long-term growth plans.”. However, most founders lack clarity over cap tables. …
Continue reading “Top 5 fundraising mistakes to avoid as a startup”
Individuals now prefer brands that make their purchase journey enjoyable and simple. Most customers love a brand that helps them make informed purchase decisions. A brand that narrates the story about the manufacturing, nutrient level, benefits, and the best way to save enhances the user experience. Who does not want a quality product within budget? …
Continue reading “How to create a product that customers like to buy?”
Launching a business without a job can be tricky. Money is tight, and risks feel higher. However, necessity breeds invention. Unemployment allows full focus on your venture. Bootstrapping embeds discipline vital for success. A “lean startup” helps launch despite limited funds. The idea is to test concepts before building a whole company. Talk to customers, …
Continue reading “Creating a Lean Startup Plan When You’re Out of Work”
These days, starting a business is much easier as compared to older times. You can easily track the data, and see how effectively people are consuming products and from which demographic region. Even, you can get the popular niches by just searching on Google. But! The situation does not always remain the same due to …
Continue reading “How to Supervise the Situation When Business Niche Get Obsolete”
