Teaching entrepreneurship and the principles of starting your own business to kids are vital. Due to cut-throat competition in the conventional professional fields like Engineers, Chartered Accountants and Medical Doctors, teaching entrepreneurship to children has certainly gained tremendous popularity in specially developed nations…an alternative to just merely seeking a professional career after school. Since the
Fear of rejection is something that is faced by sales people and entrepreneurs alike. Following up with prospective clients is one of the most important activities of small business owners. Entrepreneurs constantly put themselves out there, and no one is safe from the fear of rejection. They’re afraid the prospect is going to tell them, “Go
Valuations of start-up companies, we’ve seen in the previous blog article, is an extremely complex but important aspect of the funding/investment application process. In our previous blog, we focused on the first 5 questions of 25 critical questions to answer that will help you understand what the investor is thinking when it comes to valuing your start-up
Valuing your Start-Up Company is a difficult exercise and not an exact science whatsoever; in fact, if you ask 10 different funders to value the company, each one of them will in all probability come up with a different value. Following is a synopsis of factors to consider when Valuing your Start-Up Company before any Revenue
Planning to start a new business may involve hiring individuals that can share and execute your vision. When it comes to your business you must think of the positions you need – just like any other business. You may need positions such as a manager, a bookkeeper, a cleaner, an assistant, a driver, a receptionist,
Planning to start a new business will involve spending money. Sometimes a lot of it. Now you’re planning to spend money. You’re planning all the material goods you may possibly need – from a pencil to your premises – and everything in between. This is the time to be conservative…and smart! Start-up expenses for a
