Unless your business has the Balance Sheet of Amazon, eventually you will probably need access to capital through SME Business Financing. For small businesses, finding the right SME Business Financing and funding model is vitally important. Take money from the wrong source and you may lose part of your company or find yourself locked into
7 Easy Tips for Writing a Strategic Business Plan You’ll Absolutely Use Business ideas are only as good as the Strategic Business Plan behind them. Often, entrepreneurs are caught in the excitement of a new business venture but fail to follow through because of a lack of direction. A Strategic Business Plan outlines goals and
50 Urgent Questions to Ask in Your SWOT Analysis Every business owner should conduct a regular SWOT Analysis to assess the company’s strengths, weaknesses, opportunities, and threats in relation to its competition. A SWOT Analysis helps evaluate where a company stands in a competitive market and what steps need to be taken for further strategic
11 Best Tips on How to Write a Value Proposition Look at any well-written Business Plan and you’ll see a section called “Value Proposition” – and this is normally one of the key questions investors have from entrepreneurs and how this value proposition will solve a problem for your intended customer. How can an entrepreneur create
The 4 Best Times to Borrow Money for Your Small Business Small business owners face many challenges when they apply for loans, but sometimes, the biggest mistake and challenge is of their own making. If you wait until you urgently need financing to start looking for a lender, you’ve waited too long. It’s often said
10 Basic Bookkeeping Accounts You Can’t Ignore as a Startup Millions of small business owners and startup entrepreneurs are masters at creating great products and services, building effective teams and winning over customers. Many of them, however, would probably flunk basic bookkeeping. As the business owner, if you don’t understand the different types of “accounts”
