What Outside Investment Capital is Used For

When startups at the very early stage raise millions of dollars, what does that kind of money typically go towards? Getting the company to scale (full speed with the maximum capability). It can also be used for proof of concept. The fact is it can be used for anything...

Offering Services for Free to Gain Clients

Is offering your services for free a good way to gain new clients? If so how long does free last for? It can be a good launch strategy assuming there is an understanding that if you do a great job they will pay you the full price at a given time. You can do a 30 day...

Always Use a Payroll Company

What are some of the tax issues that are important for a business to avoid? The biggest mistake small business owners make is doing their own payroll and using employee allotted money that should have been escrowed to be used for operating expenses believing you will...

How Complicated Does a Business Plan Need to Be?

Do people who start successful businesses on their own come up with all these detailed, structured business plans, or do they sketch out something much simpler? A business plan can be very simple and written out on a napkin or very complex. The business plan just...

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