Something as simple as this was truly transformative for our business. We grew 350 percent in less than a year.
When merchants pay around $50 billion annually in swipe fees, according to the National Retail Federation, it might come as a shock (and delight) for entrepreneurs to learn of other, more affordable, mobile payment processing options.
Contrary to popular belief, I’m not looking for founders who are perfect business unicorns … In fact, a founder who paints a perfect picture can be a major red flag.
Part of being in a healthy relationship is having good communication and the entrepreneur-investor relationship is no exception. After you’ve raised capital, you might forget what it takes to keep investors satisfied.
In today’s competitive market, the appropriate small business accounting apps and system plays a key role in managing company finances and ensuring a healthy bottom line.
The financial crisis prompted financial institutions to innovate their technology at an even faster pace and startups are rapidly providing solutions to problems that the sector has faced for years. But what allows startups to solve problems that institutions of this caliber cannot solve on their own?
The popular business saying, “You need to spend money to make money” is particularly true when venturing out in the business world as an entrepreneur.
It is easy to make financial mistakes. However, once you recognize potential missteps, you can take steps to avoid them. Here are the top five financial mistakes startups make and how to steer clear of them.
As much as high-growth startups look alike, the industry they operate in or the stage of development they are facing are major influencers on the amount of money a company “burns” on a monthly basis.
It’s important that you know what type of relationship you’re entering.