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 […]

Read More »

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 […]

Read More »

How to Calculate Risk for a Startup Business

Starting a new business or beginning your career as an entrepreneur has never been more exciting. The market is prepared for fresh entrepreneurs with countless opportunities and the startup business economy is ready to pour money in innovation and creativity. While it is exciting and full of opportunities, it is also risky at the same time as 8 out of 10 startup businesses fail according to Forbes. But Igor Salindrija, who is working as successful entrepreneur of AskGamblers.com, believes in the power of rewards of taking calculated risks. The formula of success for Salindrija is to step outside the comfort […]

Read More »

9 Smartest Tricks to Secure Venture Capital for Startup Businesses

The expanding market has motivated a number of people to expand their business and many others to start new businesses of their own. Securing venture capital for a startup business does not only include raising capital but it is also the moment when you decide the future of your business. Here are 9 tricks to secure venture capital for your startup business and techniques to take the best decisions for the future of your business. 1.    Entrepreneurship or Big Business The infrastructure of a small business is entirely different from that of a big business. Before looking for venture capital, […]

Read More »

Angel Investment Tax Credit Program is Expensive but With Perks

The angel investment tax credit program has come up as a big break for start up business investors and had also created 579 jobs between 2010 and 2014. In 2015, the cost to Minnesota taxpayers has also increased and has become more than $100,000 per job. Not only the wealthy taxpayer is profiting from this money but the money is also going out of the state as a reward for startup investors. It is expected that the money will soon become a major titan as a job creator in Minnesota. Here is What the Proponents Believe The supporters of Angel […]

Read More »