Startup Professionals Musings

MAY 24, 2020

This is a positive in uncoupling them from a dependency on a single company or boss, but the downside is that they have to suddenly manage all facets of a business, including finances, strategy, and savings for the future. They are always ready to move on to the next big opportunity as markets change.

Startup 410

Startup Angel Investor Social Media LLC 410

The Startup Magazine

APRIL 25, 2023

One key area where collaboration can make a big difference is between HR and Finance. Image source In this blog, we will explore how an HR-Finance collaboration can drive success for your organization and discuss some practical strategies for building effective partnerships between these critical departments.

Finance 158

Finance Retention Forecast Employee 158

Startup Professionals Musings

APRIL 17, 2022

The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. If one of your core values is exceeding your customer expectations for quality and service, and your potential partner ascribes to the low cost, high profit mantra, a successful partnership is highly unlikely over the long-term.

Partner 385

Partner Software Review CTO Hire Cofounder 385

Startup Professionals Musings

SEPTEMBER 13, 2022

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

The Startup Magazine

NOVEMBER 24, 2024

Financial Implications Cost is always an aspect to consider when hiring a VCFO, which will help in budgeting. Clearly outline the scope of service and associated costs in a formal agreement to avoid misunderstandings. The value a VCFO brings outweighs their cost, positioning your business for sustained success.

Technical Review 158

Technical Review Forecast Hiring Cost 158

Both Sides of the Table

DECEMBER 11, 2022

We had nascent revenues, ridiculous cost structures and unrealistic valuations. I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money. Until we weren’t. Nobody cared about our valuations any more.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

Startup Professionals Musings

APRIL 4, 2022

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Steve Blank

NOVEMBER 2, 2021

In class 1 , we learned that national power is the combination of a country’s diplomacy (soft power and alliances), information/intelligence, military power, economic strength, finance, intelligence, and law enforcement. INTERACTIVE CHART “ Average Cost of Hard Drive Storage per Gigabyte 1980-2014” Human Progress. Oppenheimer , Dec.

Technical Review 407

Technical Review Taiwan Technology Silicon Valley 407

The Startup Magazine

AUGUST 12, 2024

Part of the reason this value is taking longer than expected to emerge is due to operating costs. Moreover, these costs increase exponentially with the size of the data sets that algorithms process. Meanwhile, 41% of companies consider the high costs involved in ML experimentation to be the main challenge they face.

Technical Review 167

Technical Review Cost Artificial Inteligence Analytics 167

Startup Professionals Musings

AUGUST 13, 2022

Finance has homes in New York, Hong Kong, and London. Finding talent and financing isn’t the only hurdle to overcome on the road to startup success. Today, Silicon Valley is the consumer and enterprise software capital of the world. Energy is still the domain of Houston and Dubai. The list goes on and on. How can you get exposure?

Las Vegas 309

Las Vegas Silicon Valley Arizona Montana 309

YoungUpstarts

AUGUST 11, 2020

Amidst the outbreak, governments across the region, such as Singapore have been promoting the use of digital finance as a means to minimise physical contact and stamp the spread of the virus, channelling more monetary support for the growth of e-payments and digital financial solutions.

Asia 290

Asia Technical Review Technology Singapore 290

The Startup Magazine

AUGUST 26, 2024

LLCs and corporations provide limited liability protection but may require more paperwork and higher startup costs. According to This Old House, metal roofing can save up to 40% in energy costs annually, making it an attractive option for eco-conscious homeowners.

Limited Liability Company 157

Limited Liability Company Technical Review Software Review Angel Investor 157

View from Seed

APRIL 14, 2020

With greater perceived risk to follow-on financing rounds, having a co-investor that can share the load of a second seed or a small series B round will be more attractive. This may be positive in some ways, but I think will hurt some of the interest in super innovative deep tech projects due to high perceived downstream financing risk.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

Startup Professionals Musings

FEBRUARY 20, 2023

This is a positive in uncoupling them from a dependency on a single company or boss, but the downside is that they have to suddenly manage all facets of a business, including finances, strategy, and savings for the future. They are always ready to move on to the next big opportunity as markets change.

Angel Investor 267

Angel Investor Social Media LLC Viral 267

The Startup Magazine

JANUARY 5, 2025

Be sure to identify areas where you can cut costs without compromising quality too much. You can work with financial advisors or use accounting software to help you stay on top of your finances so that you can make the smartest investment decisions possible. You also need to understand your profitability and your expenses as well.

Software Review 147

Software Review Technical Review Retention Campaign 147

YoungUpstarts

SEPTEMBER 30, 2020

A strong third-party risk management strategy will increase transparency, streamline operations, and cut costs. Partnering with vendors offers unique opportunities to fill gaps in expertise, finances, or time. Ins and Outs of Third-Party Risk Management.

Software Review 264

Software Review Technical Review Due Diligence Management 264

Both Sides of the Table

FEBRUARY 12, 2019

why the hell has seed financing declined so much in the past 3 years?? The reality is that as a result of two major trends the costs of starting a technology startup went down massively. Between 1999–2005 the costs went down by 90% and between 2005–2010 they went down a further 90%.

Venture Capital 328

Venture Capital Technical Review Seed Stage IPO 328

YoungUpstarts

JANUARY 11, 2021

To avoid these common pitfalls — and set up your finances to support your business as it grows — follow these four accounting tips for startups and small businesses. Do you categorize your revenue and costs using departments and classes? Don’t use cash basis accounting; track revenue and costs on an accrual basis.

Small Business 208

Small Business Startup Cofounder Vertical 208

Startup Professionals Musings

NOVEMBER 9, 2019

Finance has homes in New York, Hong Kong, and London. Finding talent and financing isn’t the only hurdle to overcome on the road to startup success. Today, Silicon Valley is the consumer and enterprise software capital of the world. Energy is still the domain of Houston and Dubai. The list goes on and on. How can you get exposure?

Las Vegas 243

Las Vegas Silicon Valley Arizona Montana 243

Startup Professionals Musings

OCTOBER 19, 2022

In this model, often called micro-financing or peer-to-peer lending (P2P), people contribute with the intent to create a pool for all to borrow against. No startup ownership or financial return should be expected, but contributors can enjoy the satisfaction of furthering non-profits or causes with a passion to change the world.

Accredited Investor 352

Accredited Investor Startup SEC Equity 352

The Startup Magazine

MAY 3, 2024

At its core, Microsoft Dynamics facilitates the integration of processes related to finance, operations, sales, and customer service into a single, unified platform. Choosing the Right Modules Microsoft Dynamics offers a range of modules, including finance, operations, sales, and customer service.

Early Stage 158

Early Stage Technical Review Software Review Operations 158

YoungUpstarts

NOVEMBER 23, 2020

This means that supporting functions such as finance, human resource, and customer services may be underutilized. This not only saves the companies enormous costs of salaries but also gives them access to expertise. Moreover, their operations are not large scale.

Startup 238

Startup Technical Review Salary Hiring 238

The Startup Magazine

MARCH 8, 2024

Equipment Financing: Leveraging Assets for Growth Equipment financing allows businesses to purchase or lease equipment needed for expansion without tying up capital or resorting to large upfront payments. They offer flexibility for short-term expenses or help in unexpected opportunities.

Finance 147

Finance Technical Review Metrics .Net 147

The Startup Magazine

DECEMBER 29, 2022

These include high costs, competition, and shifting regulations. To help you out, we’ve compiled a list of five effective hospitality industry financial management practices that will help you manage your finances like a pro. The hospitality industry is full of opportunities, but it also has some challenges. Source: Unsplash.

Management 158

Management Software Review Revenue Cost 158

Startup Professionals Musings

JANUARY 20, 2020

In this model, often called micro-financing or peer-to-peer lending (P2P), people contribute with the intent to create a pool for all to borrow against. No startup ownership or financial return should be expected, but contributors can enjoy the satisfaction of furthering non-profits or causes with a passion to change the world.

Accredited Investor 324

Accredited Investor Entrepreneur SEC Equity 324

YoungUpstarts

AUGUST 20, 2020

Payroll processing can be difficult, and financing usually becomes harder as the number of workers in a company gets bigger. This may lead to sour employee’s morale, delay of payments, and more tasks for your finance department. Compliance Assurance. Date of birth. Social security number (SSN). Bank account number.

Software 219

Software Management Salary Startup 219

The Startup Magazine

FEBRUARY 17, 2025

Managing Costs and Pricing for Profitability Financial management is a cornerstone of any successful business, and mobile IV therapy ventures are no exception. Only 48% of small businesses have their financing needs met , emphasizing the importance of strategic financial planning.

Mobile 91

Mobile United States Technical Review Business Model 91

The Startup Magazine

MAY 27, 2024

Planning also includes developing a comprehensive financing strategy to fund your self storage business and creating a marketing plan to attract customers. Financing Your Self Storage Business Financing is a crucial aspect of starting a self storage business in Leesburg, FL.

Security 127

Security Operations Finance Advertising 127

The Startup Magazine

FEBRUARY 16, 2022

Many companies across the globe rely on Excel to manage their finances, but reports can often sustain hard-to-find errors due to the amount of manual work needed to maintain them. By reducing inefficiencies, software startup DataRails aims to free up time for business finance teams, empowering them to focus on higher-value tasks instead.

Hiring 172

Hiring Software Review Customer Israel 172

The Startup Magazine

MAY 1, 2023

In today’s fast-paced world, businesses with vehicle fleets are constantly seeking ways to improve efficiency and productivity while reducing costs. Properly managing a fleet can not only help businesses reduce costs but also improve customer satisfaction, increase employee safety, and promote environmental sustainability.

Technical Review 157

Technical Review Artificial Inteligence Management Software Review 157

YoungUpstarts

NOVEMBER 14, 2020

However, there are concerns about whether online degree costs can be justified. Basic product and service demos include brochures and High Definition (HD) pictures, which can come at no cost or at a minimal fee. Finance can be a major issue when building a business startup. Figure Out The Financial Aspect.

Startup 264

Startup Social Media Finance Media 264

Steve Blank

APRIL 1, 2020

Any place with a fixed cost that relies on foot traffic will come under pressure. Cut costs to stay alive for 24 months. Payroll costs/other variable costs. As part of these operating changes, make sure your heads of HR and finance recognize that they have entirely new jobs. How many months of cash do you have?

South Korea 334

South Korea Salary Business Model China 334

Steve Blank

APRIL 23, 2018

Sloan kept the corporate staff small and focused on policymaking, corporate finance, and planning. Ford’s Model T cost just $260 ($3,700 in today’s dollars) and Ford held 60% of the U.S. In the spring of 1920 with company had to go to the banks and he got an $80 million loan (about a billion dollars in 2018) to finance operations.

Michigan 301

Michigan Cofounder Stock Forecast 301

The Startup Magazine

MARCH 6, 2024

Research and Development Costs: Heavily dependent on novelty and technological advances, the electronic industry has to bear the hefty costs of research and development. That is why consumer surveys, interviews, discussions, and opinions matter the most, and so R&D costs are sky-high when talking about this industry.

Operations 158

Operations Management Software Review Technical Review 158

The Startup Magazine

SEPTEMBER 20, 2024

It is faster and costs less than traditional tax services. Lower Cost Using tax software isn’t expensive either; it typically costs between $25 to $120. But online, advanced software quickly handles complicated finances, like investments or self-employment income. This got very popular during the pandemic.

CPA 158

CPA Software Review Technical Review Stock 158

View from Seed

JANUARY 13, 2021

As seed has become the mainstream path to early-stage financing, the definition of seed has changed, and if one is to be a credible first institutional seed investor, he or she would need a fund big enough to be competitive and write $1-2M initial checks. This is because the market actually has changed. Consider this a hat tip.

Dilution 399

Dilution Later Stage Portfolio Technical Review 399

VC Cafe

MARCH 1, 2024

Personal Finance Cross-account visibility and management – Today’s AI products can analyze and move money between accounts – as agents improve, they will make trades across accounts. Artificial Intelligence – Scaling global intelligence and redefining work: AI training costs should continue to fall 75% per year.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176