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What are the critical mistakes in startup financial projections? Here is my list of five critical mistakes. It comes from reviewing more than a hundred possible startups with either detailed projections or pitches and, of course, business plans. Good…
November 17, 2022
Article at Planning, Startups, Stories
Did investors reject your business? That’s completely normal. In an average year in the U.S., more than six million businesses are started. Close to 30,000 of them will land angel investments, and fewer than 5,000 get venture capital. In more than a…
August 17, 2022
Article at Bplans Blog
What if your lender rejects your loan application? You’re not alone. Banks reject 73% of business loan applications. Here is what you do next. What to do if your lender rejects your business loan application Don’t be surprised if your business loan…
June 23, 2022
Article at Bplans Blog
A marketing plan can help keep your business focused on your goals. Here are five components of a successful marketing plan for enhanced business growth. What is a marketing plan? Do you know how to create a marketing plan? Good marketing fuels sales…
October 26, 2021
Article at Amex OPEN
How much does an employee cost per hour? Learn how to calculate from salary to an hourly rate for your employees, so you can make better use of their time, track actual costs and keep them in balance with benefits. The real employee cost per hour is…
October 12, 2021
Article at Amex OPEN
Many small businesses are turning to customer relationship management systems(CRM) to better understand customer wants and needs. CRM applications, often used in combination with data warehousing, eCommerce applications, and call centers, allow…
September 10, 2021
Article at Bplans Blog
(Note: consider this one a guest post from Paul O’Brien, CEO of MediaTech Ventures. It’s his answer to a Quora question “how much money do I need to start.” It’s adopted from his post What is the minimum capital required to start up a new tech…
August 26, 2021
Article at Planning, Startups, Stories