Starting a business is no simple accomplishment. It requires investment, both of time and money, imagination and more than a little bit of passion, drive and ambition. Here are some things you’ll want to consider when preparing to enter the startup world.
Things to think about when seeking funding. If you will be looking for investment in your new startup, there are a few things to consider which will likely influence investors and just about everyone else when it comes to your business and how you present it. Startup Professionals Musings
More tips for startup funding. There are many places to get the money needed to start your small business. The key is to locate the funding that will work best for you and to use it effectively and responsibly to create a business that will easily return on that investment. See the link for more helpful hints. The Frugal Entrepreneur
Will the Fed really help small business? Community banks say the Fed is holding up a program that could cost small businesses in this country $30 billion in financing aimed at existing small businesses and potentially startup. Start slow Bloomberg BusinessWeek
What’s the best advice for your startup…or anything you do? Maybe it’s not to take the safe way. Could be that the best advice for startups is to leave yourself few options but success. Creating a business isn’t an easy thing at all. Taking your idea and carrying it to realization takes hard work and courage. Check out this link for some simple words of wisdom. Seth Godin’s Blog
What are the unexpected costs? Many entrepreneurs may prepare just fine for the big expenses when planning their startup business. But what about the expenses no one seems to think about? Have you really taken into consideration all the costs your company may face? Up and Running Blog
Preparing for the worst in your small business startup. Getting ready for your small business startup sometimes means preparing yourself for the worst possible scenario. It isn’t that you should be pessimistic when starting a venture? Just be ready. Bloomberg BusinessWeek
Tips & Tricks
Marketing your new business on a budget. Fortunately, marketing your small business can be cheaper than ever before. With a good understanding of your customers, a plan and some simple tools, you can create a bootstrapping marketing plan that will turn your business into a winner. Geek Wire
Startup tips for outsourcing your tasks. It’s no secret that small businesses must work on a tight budget. But it’s also true that as you get your company underway you will be in greater and greater demand. Outsourcing tasks can be a great way getting things done. 47 Hats
Planning & Growth
How to scale a startup. As your small business gains momentum, scaling your operation now becomes important. This can involve expanding your existing team to get more done and changing your focus as the founder and builder of the organization. Are you prepared for the challenge? Startup Professionals Musings
Preserving the equity in your startup. Whether you plan to take your startup public someday or to sell it or pass it down to the next generation, it’s important to understand that your equity stake in the business will, in some ways, be tied to the amount of outside investment you have received. Bloomberg BusinessWeek
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