Up and Running

JUNE 21, 2013

If you are thinking of starting a small business, make sure you follow these ten important rules for small businesses: 1. The number one reason small businesses go bankrupt is lack of cash , not lack of profits. It was a business doing $20 million in revenue per year that had been around for 20 years.

Small Business 153

Small Business Software Review Lean Advertising 153

YoungUpstarts

MAY 13, 2013

So what should you consider when looking for a business credit card ? Why get a business credit card? First, let’s take a look at why a business credit card could be beneficial. In some cases we were able to recover lost revenue when goods we purchased were not correct.”. The card has no annual fee.

Small Business 157

Small Business San Jose San Francisco Software Review 157

YoungUpstarts

FEBRUARY 26, 2015

Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is that too many of them fail. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year. Small Business Administration. LendingClub Inc. ,

Small Business 100

Small Business Small Business Administration SBA Non-Compete 100

A Smart Bear: Startups and Marketing for Geeks

MARCH 21, 2017

Large companies don’t acquire small companies for their financials. Revenue multiples, profit multiples, premium over the previous financing — these are metrics used by sellers to help determine a minimum acceptable price. Yet mobile advertising revenues were paltry. This had to be remedied.

Balance Sheet 242

Balance Sheet Vertical Acquisition Revenue 242

The Startup Magazine

FEBRUARY 17, 2025

Understanding the Legal Requirements for Mobile IV Therapy Navigating the legal landscape is a critical aspect of starting a mobile IV therapy business. In the United States, between 36% and 53% of small businesses must deal with lawsuits every year, highlighting the importance of legal diligence.

Mobile 97

Mobile United States Technical Review Business Model 97

The Startup Magazine

MAY 11, 2020

The Federal Reserve found that 70% of small businesses have unpaid debt, with 21% registering $25,000 to $100,000 in debt, according to Fundera. Interestingly, debt can significantly boost business growth. Whether you are new in business or an established entrepreneur, you need to be diligent with your finances.

Software Review 123

Software Review Small Business Management Bankruptcy 123

Up and Running

DECEMBER 16, 2020

Many businesses, both large and small, rely on borrowed capital to fuel growth and fund other business initiatives. This means small business owners need to understand how their credit impacts their ability to borrow more than the average consumer looking to purchase a house or buy a new car.

Small Business 123

Small Business SBA United States Early Stage 123

YoungUpstarts

SEPTEMBER 24, 2019

The accounts payable process is often the biggest thorn in a small business’s side. And accounts payable processing is poised to become even more significant and complex over the next three years, according to the Institute of Finance & Managemen’s research. by Chen Amit, co-founder and CEO of Tipalti.

Artificial Inteligence 165

Artificial Inteligence Technical Review Cofounder Cloud 165

YoungUpstarts

APRIL 22, 2014

By Richard Weinberger, PhD, CPA, CEO of the Association of Accredited Small Business Consultants and author of “ Propel Your Small Business to Success: Accelerated Actions to Maximize Profit “ If you had to stand before the shark investors in ABC’s “Shark Tank,” would you get stumped by their questions?

CPA 160

CPA Technical Review Later Stage Equity 160

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. By carefully planning each aspect of your self storage business, you can set a solid foundation for success.

Security 130

Security Operations Finance Advertising 130

YoungUpstarts

DECEMBER 11, 2019

It is important for small business owners to recognize that finances are a top priority. Being able to bookkeep correctly is a vital part of making sure your finances are in order. With this order comes the growth and success that your business needs. Technically, bookkeeping can be defined in many different ways.

Startup 147

Startup Finance Software Small Business 147

Up and Running

NOVEMBER 12, 2021

Effective budgeting plays an integral role in small business success. Creating a financial plan enables companies to predict expenditures and create an effective plan for incoming revenue. Recording your expected revenues and expenses monthly does not count as effective budgeting. Budgeting trends to avoid.

Technical Review 132

Technical Review Software Review Forecast Cloud 132

YoungUpstarts

JUNE 13, 2011

The 54 companies in the study operated product and service businesses, had been in business on average 9.6 years, and had reached an average revenue level of $60 million with the range being from $5 million to $350 million. Growing a business is an evolutionary process. Hiring smart. Growth is messy. Growth is change.

Indianapolis 219

Indianapolis Minneapolis Kentucky Virginia 219

Hearpreneur

JANUARY 12, 2022

Quality web development is in high demand right now, from constructing websites for other small businesses to giving technical help for specific projects. As a small business owner in the finance and accounting field, I have learned that the majority of my customers have issues understanding the basic concepts of finance.

Entrepreneur 146

Entrepreneur Web Development Affiliate Hosting 146

VC Cafe

FEBRUARY 6, 2025

AI Agents & Software Personalised AI Agent Development: Create AI agents that can understand user intent, plan actions, and improve through continuous learning, with a focus on specific verticals like travel, healthcare, or finance. Healthcare Tech Healthcare spending continues to rise while administrative burden increases.

Software Review 78

Software Review Technical Review Startup Software Engineering 78

YoungUpstarts

DECEMBER 16, 2019

As your business grows, you may no longer have time or expertise to effectively manage your finances. According to Score, 40% of small business owners say bookkeeping and taxes are the worst part of owning a business. Make a Decision About Which Accounting Method to Use to Track Your Finances.

Software Review 147

Software Review Cash Position Finance Startup 147

Up and Running

JUNE 23, 2022

On the other hand, some of these are not easily fixable so you’ll have to look for alternative solutions to your financing problems. Banks compete for small business customers and sometimes a borderline case can get approval from a different bank. Explore other financing options. Get a co-signer.

SBA 163

SBA Finance Balance Sheet Technical Review 163

YoungUpstarts

AUGUST 10, 2017

Roughly 27 percent of startups can’t get the funding they need to take their business to the next level, according to the National Association of Small Businesses. Investors want to see in-depth financial reports that reinforce the startup has an organized business model with potential for revenue growth.

Software Review 124

Software Review Technical Review Due Diligence Startup 124

The Startup Magazine

OCTOBER 27, 2019

With over 30 million small businesses in the United States, which include all ventures earning under $1 million annually, the market for sole proprietors is unprecedentedly popular. Unfortunately, such a high number does not translate to an equal level of revenues. Small business failure is a high risk for any startup.

Technical Review 87

Technical Review Revenue Software Review Campaign 87

YoungUpstarts

FEBRUARY 28, 2018

No Financing/Investor Interest – 8%. Rule #2: Revenue is your first priority. Startups are hard – much harder than running an existing business. Rule #2: Revenue is your first priority. In this context, revenue can be an investment as well as sales. Product Mis-Timed – 13%. Burn Out – 8%.

Startup 133

Startup Product Development Revenue Distribution 133

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

ReadWriteStart

OCTOBER 2, 2021

Even when you have family and friends investing in your business — the investment amount is generally quite small. Most sole proprietorships remain small businesses. If your goal is a tech business that has plans to scale — significant investment is required.

Technical Review 158

Technical Review LLC IPO Stock 158

YoungUpstarts

JULY 18, 2018

According to data from the National Small Business Association, more than 70 percent of small businesses seek financing. And more than a third of companies who have been in business for at least two years that apply for a loan get denied, as stated by recent data from the Federal Reserve.

Technical Review 113

Technical Review Small Business Administration Finance Metrics 113

The Startup Magazine

JUNE 4, 2023

In a perfect world, small businesses would have an endless stream of revenue coming in and there wouldn’t be need to worry about financing. Sometimes businesses have to get creative when it comes to their small business financing, especially when revenue is low.

Finance 145

Finance Small Business Revenue Bootstrapping 145

Up and Running

SEPTEMBER 29, 2022

Download our free Startup Checklist and review the complete guide for starting a small business. Be passionate about your business idea. You won’t love everything involved with being a small business owner. Prepare a business plan. In short, proper planning leads to more successful businesses. .

Forecast 154

Forecast Software Review Bootstrapping Finance 154

The Startup Magazine

OCTOBER 9, 2019

The most important difference between a tech startup and a traditional new business is the core objective that drives each. Small businesses are, in most cases, driven by stable long-term growth, value, and profitability. Tech startups are, in contrast, focused on rapid growth, potential, and top-end revenue.

Technical Review 112

Technical Review Bootstrapping Startup Finance 112

YoungUpstarts

JULY 6, 2017

In reality, most startups require an early capital infusion to successfully transform from a dream into a business. Once you learn about all of your financing options, you could choose the one best suited to help your business grow. Some business owners decide to self-finance their startup rather than seek out investors.

Syndicate 127

Syndicate Syndication Software Review Angel Investor 127

Up and Running

SEPTEMBER 13, 2016

Before your business can take off, you need to know how to track and manage your money effectively, which parts of your business you can outsource or automate, and which professionals you should turn to for the advice you need to help you succeed. Many small business expenses are tax deductible, including certain startup expenses.

Small Business 60

Small Business CPA Finance Warrant 60

The Startup Magazine

OCTOBER 11, 2021

One of the most important things to get right when starting a small business is your finances, but if you’ve never had to organise invoices and pay taxes, this is easier said than done. Not keeping an eye on cash flow is where a lot of small businesses fall down, particularly in their first year of trading.

Finance 174

Finance Small Business Management Early Stage 174

Up and Running

JANUARY 10, 2018

You know exactly what you want—a bigger business, larger per-customer sales, more leads, higher profits—but you struggle to meet your goals. At Phorest Salon Software , we provide advice to salon businesses on our blog, from setting targets, to financing, managing staff, marketing strategies and more.

Software Review 123

Software Review Revenue Finance Employee 123

The Startup Magazine

MARCH 19, 2025

Traditional financing options often fall short, leaving you searching for creative alternatives. You’ll explore various options to fuel your franchise’s expansion, from crowdfunding and revenue-based financing to strategic partnerships and alternative lenders.

Small Business Administration 136

Small Business Administration SBA Los Angeles Finance 136

Startup Professionals Musings

MARCH 6, 2013

Thus “creative” really means maximizing non-bank financing. While sizing up the alternatives, I couldn’t help but pick up a new book by Karlene Sinclair-Robinson with the creative title of “ Spank the Bank: The Guide to Alternative Business Financing.” Vendor financing. Purchase order financing. Family and friends.

Finance 243

Finance Startup Equity Early Stage 243

Mike Michalowicz

DECEMBER 18, 2012

The worst habit an entrepreneur can have that will lead to them hating their business is feeling compelled to do it all themselves. With resources like virtual assistants and crowd sourcing there is no reason to “go it alone” Determine your top 3 revenue producing activities and YOU focus on them; delegate the rest.

LLC 166

LLC Non-Compete Revenue Hiring 166

YoungUpstarts

MAY 25, 2018

As the years went on, Pat Mackaronis continued to grow his network and partners in a second restaurant as well as a nightclub, he also invested in several small businesses and worked with teams to grow their projections.

Developer 159

Developer Investment Bankers eCommerce Social Media 159

YoungUpstarts

AUGUST 9, 2018

Unfortunately, most small business owners are not accountants and find themselves neglecting this function completely. However, accounting is one area of your business you shouldn’t ignore. Accounting is commonly defined as “the process of recording past business activity.” Included in this list is the role of accountant.

CPA 100

CPA Balance Sheet Software Review Finance 100

YoungUpstarts

APRIL 19, 2015

By combining Net Promoter Score data with customer-by-customer revenue data, you can estimate the amount of revenue derived from bad profits. Even if you don’t have access to financial data for your company or a competitor, you usually can estimate the percentage of bad profit revenue.

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Customer Analytics Revenue .Net 100

The Startup Magazine

JULY 1, 2019

Numerous accounting systems such as QuickBooks Online, FreshBooks, and Wave exist to help small business owners perform basic accounting tasks in the early stages. However, after some time when your business expands and you start generating more revenue, you may want to hire a CPA ( learn more about CPA’s.).

CPA 92

CPA Software Review Bankruptcy Early Stage 92