Category: How to Start a Business

Tips on making a good business plan

How to Make a Business Plan? 10 Crucial Tips To Help You Out

Making a good business plan is essential for having a successful business, especially when you are starting up. You just need one, even the though it’s not the perfect or the most professional one. It’s the resume of your business, it describes how exactly your company makes money, which is crucial information for all of your potential investors and partners. Putting everything about your business model on a paper is something that not only will help you follow it, but also it’s a must if you want to find financing for your idea. Nobody invests in a company without a...

Crowdfunding predictions for 2014

$65 Billion Will Be Poured Down For Crowdfunding – Crowdfunding Statistics

Crowdfunding has become a really big thing in business for the last few years. And it is growing enormous! Some guys from one of the leading crowdfunding platforms – Fundable – has created an interesting infographic, on which you can see some astonishing facts and trends regarding crowdfunding. This innovative way of financing startups has really expanded, for the last 5 years its growth is more than 1000%, and by the end of 2014, the total growth will reach 1800%. And this amazing expansion is not really strange, having in mind that the average return on $1 investment in a...

The Biggest Angel Investors of Year 2013

The Biggest Angel Investors In 2013

The infographic below shows the top angel investors of year 2013. The cool information on it was compiled by a company which main activity is representing entrepreneurs – Empact, and the crowdfunding platform – Fundable . The guys from these firms combined their efforts and gave birth to this beautiful piece of image, on which you can read a paragraph about each of the 5 biggest angel investors of the year. The following 5 angels have already helped more than 150 starting companies this year and for the time of their entire career, they have sponsored more than 700 start...

What Is A Seed Accelerator? Seed Stage Venture Capital Financing

Startup accelerator also referred to as seed accelerator, is a form of a business incubator that is chasing profit by usually acquiring a part of a business and then helping the latter to grow. Its main purpose is helping high potential business ideas with mentoring, office space, know-how, education, and of course seed capital in exchange for a piece of the equity of the new business. The support is for a certain period of time ranging from 3 to 18 months and it is usually provided at the very beginning of a start up. Business incubators are different from seed...

Financing Stages

Types Of Financing A Business – Funding Stages

Money is the lifeblood of any business. It is the fuel that any company needs at any stage of its existence. No matter how big it is, no matter how many workers are employed, any venture needs financing to stay operational. In this article, we will go through the different stages of financing and see the different ways businesses obtain their money in their life cycle. Funding Stages Seed Funding Stage – this is the very first stage of financing, in which the business may not even be founded yet. This is the money used for actually starting – building...

Seed Capital Funding

What Is Seed Funding? A Simple Definition Of Seed Capital

Seed capital also referred to as seed funding is a commonly used term in the business world. But what does it mean and how exactly is it used? Well, in this article I will try to explain its basics. So, seed funding is a form of financing in which the owner of a business receives money in exchange of a part of the equity of his/her company. It is called ‘seed’ because it happens at the very beginning of the business before even the latter generates any money (before it is started). This makes seed funding a very risky investment...

Ryland's Restaurant - Image credit: bellenews.com

Ryland Ggoldman – A Story Of A 7 Years Old Entrepreneur

Ryland’s Restaurant is a cool place to have a snack. People really like it and the food there is tasty. The business has a big potential for growth but the owner and the manager of the venture has some restrictions from mommy and daddy… Pretty understandable, having in mind that he is just 7 years old boy… Actually, the kid has been thinking about founding a restaurant since he was just 3 years old, and after the Goldman family changed their house, Ryland decided to make his dream happen. His new home happened to be on a busy street, where...

Some start up funding statistics in the United States

This Is How To Get Funding For A Startup

Arranging the needed funds for your startup is a crucial factor for its successful launch. Even though money is not the most important thing, it’s 100% needed when launching a new venture. If you are a starting entrepreneur, you most probably have been thinking about how exactly to find the cash for your starting business. Well, the consulting company Startups.co has created this wonderful infographic, showing some interesting statistics about how startups get mainly financed. Here you can not only see the main options about how to get funding for a startup but also some intriguing statistics about the ways...

www.gogetfunding.com

The History of Crowdfunding Website GoGetFunding and Founder Sandip Sekhon

I had the chance to catch up with the Sandip Sekhon, the founder of crowdfunding website GoGetFunding. A website that is increasingly growing in popularity and was recently mentioned by Forbes as one of the top 6 crowdfunding sites. Here, he talks about how it all began: As an online entrepreneur, I’m always looking at how exciting businesses can be made even better. And back in 2010 when I conceived the idea for GoGetFunding, crowdfunding was still pretty new and was just starting to take off. Kickstarter and IndieGoGo were leading the way and although they were and still are...

Mark Cubans 12 Rules For Starting A Successful Company

Top 12 Success Factors Of Mark Cuban

Mark Cuban is a well-known entrepreneur and business mogul not only in the United States but also in many other countries in the world. He is one of the guys many young people want to be like, having accumulated a net worth of around $2.5 billion (2013) and being the manager and the founder of a bunch of successful businesses. Currently, he is best known as the owner of the National Basketball Association’s team Dallas Mavericks (The Mavs), he also stays behind Landmark Theatres, and Magnolia Pictures, and is the chairman of the well-known HDTV cable network – AXS TV....