Putting together a business plan isn’t something you do overnight, so it can feel unnecessary when you’re trying to get your business off the ground. As you get into the weeds with your business, however, your business plan becomes a compass for growth and sustainability.
Do you really need a business plan? + 4 top accounting apps
BY Shelly Lingor ON Nov 02, 2018
6 surprising things about starting a new business
BY Shelly Lingor ON Oct 31, 2018
When you’re starting a new business, you’re focused on a great idea. Then, all of a sudden, along comes reality—there’s a lot more to running a business than bringing a great product or service into the market. Here are the most common surprises our new business customers encounter in their first year in business.
Top 7 mistakes that get new businesses into trouble
BY Shelly Lingor ON Oct 17, 2018
Ideally, every business begins by putting some basic processes and structures into place that ensure legal compliance and set you up for long-term success. In practice, so many new organizations start from a less stable place. It’s not uncommon for a business to start growing from someone’s garage, or maybe the founder just doesn’t have the capacity to look into all the administrative details.
How to start a business
BY Shelly Lingor ON Oct 08, 2018
If you’re like most entrepreneurs, you want to start a business because you’re passionate about something. Maybe you’ve found a new way to solve an age-old problem, or you have an incredibly creative and unique product. Maybe you’ve identified a gap in a market you’re dealing with every day and know the best possible way to fill it. Maybe you’re just sick of working for the man!
Improve your Odds of Getting a Loan with a Bulletproof P&L Statement
BY Shelly Lingor ON Oct 31, 2017
One of the most important financial statements your small business has is a profit and loss statement. As a start-up, your P&L statement is critical for analytical reasons, but it can also be used to assist you in getting the loan you need to finance your idea. It gives investors a clear overview of your company and what they can expect from you.