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Startup Funding

4 Ways to Strategically Use New Funding to Boost Your Small Business

Way to go! You just got the new business funding you’ve been after! So, chances are, you’re feeling like your business bank account finally has that much-needed room to breathe. But, don’t relax just yet. That deposit into your account isn’t the end of the transaction. Before you exhale, you still have to figure out the best ways to use the money. And that can be a ...

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4 Funding Myths to Stop Believing Now

Fundraising can be a tricky business, with many factors influencing the outcome. Avoid these funding myths and make sure you have the information and strategies you need to keep your company thriving. Myth: Funding is synonomous with success. Reality: Not every successful company seeks funds and not every company that does becomes successful in the long term. Don’t look for outside dollars because you think ...

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When to Use the Term Debt vs. Revolving Debt

When you need to borrow money for your business, the type of debt you take on makes a big difference. By matching up the right type of loan to your needs, you can coordinate the payments with your schedule and lower the amount you’ll pay for financing. To help you figure out what kind of loan to take out, we’ve ...

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First Meeting With an Investor? These 5 Guidelines Will Help

As soon as I decided to leave the 9-to-5 grind for entrepreneurship, I started working toward starting a poultry business. Unfortunately, that business never saw the light of the day. Why? Lack of funds! From my feasibility studies, I learned that needed about $12,000 to start the business I envisioned, at the scale I wanted. Unfortunately, I couldn’t raise that sum. And ...

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The 4 Worst Tips I Got When I Started My Business

I started my company, Headbands of Hope, as a college student. Having zero business experience, I leaned on outside advice to get started and all my questions answered. During this time, I received some of the best advice that I’ve carried with me since then.  A lot of the success we’ve had today is because of the incredible people who lent ...

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Getting Started With Business Incubators

What it is: Business incubators are organizations geared toward speeding up the growth and success of startup and early stage companies. They’re often a good path to capital from angel investors, state governments, economic-development coalitions and other investors. The National Business Incubation Association has more than 1,400 members in the United States — and a total 1,900 members in 60 ...

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4 Tremendous Benefits of Bootstrapping a Company

In 2009 I started Cutler PR at the age of 22, in my bedroom, with only $200. I never took a loan, I never borrowed money and I certainly never raised VC funds. Fast-forward seven years, and today we are a booming tech PR agency with tremendous revenue growth and healthy numbers across the board. I credit bootstrapping as one of the primary elements ...

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A 3-Point Blueprint for Getting Noticed by Venture Capitalists

So you’ve got a good idea, a big vision, a well-planned strategy and a dose of ambition to bring it all together. You’ve got everything you need to launch your startup, right? Wrong! You are missing a key ingredient: money. The question is, can you package your idea, vision, strategy and ambition into something that billion-dollar venture capitalists are passionate enough about that they ...

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Why Women Entrepreneurs Have a Harder Time Finding Funding

Women entrepreneurs run 30 percent of all small businesses, and together employ 7.9 million people and generate $1.4 trillion in sales (as of 2015). Needless to say, these are pretty staggering numbers. All that success is wonderful. However, there exists an underlying issue that is keeping women from being even more impactful — difficulty finding funding. Women-owned businesses receive just 7 ...

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