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To succeed in business, entrepreneurs must understand the language of business, which enables them to evaluate financial reports and make better decisions.
Budgeting, forecasting, and projecting mean fundamentally the same thing--estimating future amounts based on information you already know.
Entrepreneurs looking for seed capital should consider Toronto TSX Venture Exchange's Capital Pool Company (CPC) program, which allows companies to go public by merging with a CPC.
Recounting the tale of founding and growing two companies, one which ultimately failed, the author argues that the key message about cash in a high growth business is raise more than you need, and spend less than you have.
Young entrepreneurs with few contacts need to get real about raising money in a tough economy, and pursue avenues such as their own bank accounts, loans from parents and credit cards, writes the author. Another tactic is keeping costs low so that you need less money in the first place.
An entrepreneur preparing to secure funding from private investors called "angels" describes in this advice-packed article her systematic plan for approaching a milieu about which she knew very little. Tips include checking for resources online and crafting a presentation that gets across the company's unique offering while adhering to the formalities demanded by investors.
Small business owners must become literate about their company's books without becoming accountants in order to deal with CPAs, keep on top of operations, and prevent fraud, says the co-founder of an accounting services firm.
Running your own business on your own terms means freedom in your schedule and approach. It can also mean slim funding. This Co-founder of The Baby Einstein Company was seeking to avoid entanglement with venture capitalists and found that doing business on a cash-only basis was the answer.
Running your own business on your own terms can mean freedom in your schedule and business approach. It can also mean slim funding. This serial entrepreneur and cofounder of The Baby Einstein Company sought to avoid entanglement with venture capitalists and discovered doing business on a cash-only basis was the answer for him.
Ohio voters to decide if $700M bond issue expands investment in high-tech economy.
Self-healing metal that pops back into shape after it's damaged. Machines that give surgeons full-color, 3D images of a patient's insides. Sensors that warn police or soldiers of explosives miles away. This is the promise of a proposed $700 million statewide investment program that aims to turn sci-fi dreams into Ohio's business future. But does the promise hold up?
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