Tag Archives: Bootstrapping

Small Business Advice – Pick of the Week November 25th, 2017

This week’s top stories include small business advice covering the following four topics:

– Starting Up: Which Type of Business is Best for You?
– 3 Big Reasons to Bootstrap Your Business
– 7 Indicators Of Employee To Entrepreneur Potential
– 13 Stock Video, Stock Image, and Stock Audio Resources for Creators and Marketers

Each week we scour all the top business-related magazines and newspapers for articles with the best advice for the small business owner, so you do not have to.

How to Make the Most of Equity Financing

Basically, there are two ways to fund a new business: debt and equity. Debt, commonly thought of as a loan, requires that the borrower/guarantor has an adequate cash flow or has enough unencumbered liquid assets to pledge as collateral. This collateral covers the debt's principle and any liquidation costs and discounts in the event that the borrower cannot make the agreed [...]

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Why Being Told You Need a Business Plan May Be Bad Advice

To get the new year started off right, let's take a deep dive over the next several weeks to see how entrepreneurship has changed in recent years and why you may no longer need to write the classic version of a business plan. Based on these changes, we'll see how you can make the most of these changes by recognizing [...]

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The 5 Stages of a Funding Plan

Most businesses require some form of funding to get started. A product company goes through 5 stages to get its product to market.

  1. Idea
  2. Proof of Concept
  3. Product Design
  4. Product Development
  5. Manufacturing and Distribution
With each stage the chance of success increases, but so too do the capital requirements. While some businesses can progress through some or all the [...]

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