Business Tools There are many free business tools available online for entrepreneurs , these tools simplify the process of organizing business activities such that levels of efficiency and productivity can be increased. To avoid the confusion that comes with choosing the right tools for your business, here are factors to consider – Your business goals/vision. […]
Read MoreTips for small businesses Understanding how the different elements of bookkeeping (accounting) affect your business can help you monitor how well the business is doing. There’s a monthly account checklist i recommend to small business or start up entrepreneurs. This checklist can easily be used to investigate just how well a business is doing…. View […]
Read MoreIn April 2012, then President Obama signed into law the Jump-Start Our Business Start-Ups bill, otherwise known as the JOBS act. In the midst of a recovery from the devastating after-effects of the Financial Crisis, the move was hailed as “a ‘potential game changer’ for fledgling businesses in need of financing.” In particular, the bill unlocked the promise of equity […]
Read MoreProof of concept is a form a validation in business ; it can be easily used to prove that a business idea works and is commercially viable. Its one of the essentials venture capitalists/investors look out for before putting in money in a business venture.This is because it quantifies how much a business has (and […]
Read MoreIt is never to early to become an entrepreneur, on the contrary , these days, people like to start up early. A good number of young (teenage) entrepreneurs ( as young as 11 years old) in the world today , make money from things they love to do. So if you are a teenager excited […]
Read More1) How do i fund the business? The best way to fund a new business is to bootstrap (from personal savings/funds,family,friends and revenue generated by the business.You can do this by simply pitching your idea to close family and friends,get them to believe in the idea and fund it. However some businesses require high start up […]
Read MoreDelayed payment is a major cause of cash flow issues for small businesses. While trying to get money owed from customers/clients its important to find a balance. Debt collection gets easier with practice, you might feel reluctant to ask but you need to take up courage as cash is a vital when running a small […]
Read MoreHere are few tips to grow a business 1.Invest in building a formidable team round your business. Learn more about team building 2. Monitor your cashflow, know your costs,revenue,gross and net profits.its important to know if your business is making a profit or loss. 3..Know your customers; be sensitive to their demands,manage their customer experience. […]
Read MoreThere is a multi-trillion dollar economy opening up to technology faster than ever. It has been driven by trends that have changed the nature of how entrepreneurs will be characterized going forward; specifically, industry executives will be the next wave of in-demand startup CEOs. In April of 2007, Apple changed everything with the launch […]
Read MoreFor faster growth,small businesses can network and leverage on each others strengths at little or no costs. Here are few tips to keep in mind when collaborating 1) Each party must be contributing something peculiar.2) Enter collaborations with clear objectives.3) Understand how the other party’s objectives can affect your business.4) They will be occasional disagreements […]
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