First-time startup founders have numerous checkpoints to hit, from administration to hiring to securing financing — and most importantly product and customers. As a result, given the volume and diversity of this work, starting a business feels disjointed and overwhelming, resulting in off-the-cuff decisions and business moves that take you nowhere.
For everyone trying to start a business, that step begins with conducting market research, then preparing a business plan, funding your business, selecting a location, choosing a business structure, finding the perfect brand name, registering your business, getting your tax IDs, licenses, and opening a business account. We understand that
In today’s market, businesses need to adapt quickly and continuously to stay competitive. A case in point? For the past eighteen months, where the pandemic drove hundreds of thousands of businesses out of work. According to WSJ, last year alone over 200,000 establishments more than the yearly average
A great business plan is a glue that holds together your business idea, market strategy, and customer intel. At the same time, it is a bite-size illustration of your business potential, suitable for investors to check the pulse of your venture easily. But, most first-time founders have difficulty getting their
One of the biggest factors of a startup’s success is a thorough business plan that includes reliable financial projections for startups. The more accurate financial projections you make, the higher is the probability of attracting investments. Also, it makes it easier to weather the market storm caused by the
Making realistic financial projections is one of the most important things for the survival of a startup. But many thought that this is a common practice used by big enterprises only. Now it’s time to rethink that idea. Financial projections are essential for businesses of all sizes, including startups,