Step by Step Ladder to Devise a Successful Business Plan

When you start out your business and are struggling for finances, you will typically want to go to a bank. People who go to the bank to get their business financed will often hear one answer in return; they need to look at your business plan. What are business plans and why are they so important? A business plan simply put is a plan that outlines the business related activities that you want to go about and all the details of how you intend to go about it. This is why banks take a look at the business plan before […]

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Qualities that Make Startup Business Profiles Appealing for Angel Investors

Angel investing is attracting the attention of startup entrepreneurs. The perks offered by angel investing include securer funding options and flexible return options. Entrepreneurs need to understand the techniques of approaching angel investors if they want to get their targeted investments. There are different qualities that angel investors want to see in entrepreneurs. They want the entrepreneurs to be straight shooters who mention calculated risks instead of boasting about business success one week and declaring bankruptcy the next. They also want real numbers of profits instead of predictions. They want transparent and honest entrepreneurs who don’t rely on faith only […]

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How Your Small Business Start-Up Can Play the Big Leagues

You are not alone in the trail of small businesses. There are trillions of business owners on this challenging trail. They are the major contributors to the strength of US economy, representing 99.7% of small businesses. The trend of small businesses is multiplying since 1982, however, if you are planning to take the plunge as a small business owner, know that nurturing a small business start-up requires a lot of hard work, patience, perseverance, and commitment. Taking it to the next level would require potential lot of out of the box thinking but it isn’t impossible. In fact, small businesses […]

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How to Prepare Yourself before Approaching an Investor

The lifeblood of any business i.e. money requires effective management to keep up the flow of input and output. But you might need external resourcing or infusion at some stage of your business. The amount may be as small as $1000 that you may borrow from a friend or $1 million to be borrowed from a commercial bank. Sometimes, you only need money for a project and not for your business. In either case, borrowing money requires really good listening. You need to encourage or prepare someone to invest in your business regardless of its current market position. It also […]

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