Running a lean startup, especially with a lean budget, is a very different animal than running a startup with a deep well of venture capital behind it. You need to prioritize different facets of the business. It calls for different strategies as you move forward and here are a few of the most important.
As a lover of coffee and finance; coffee futures, present the perfect intersection for me. The history of coffee trading has roots in global trade spanning a bevy of continents. From Africa to Asia, the trade has shaped nations and the living habits of people. Prices in coffee have grown considerably from 2005 through present times.
Taking a business to the next level of success by franchising is not a process that occurs overnight. Understanding how to properly grow a franchise business with a few tips is a way to outperform competition while securing a spot in any market or industry. Becoming actively involved and engaged in franchising your business is a way to ensure you are on the right track to success with the proper moves in place.
You don’t need to accumulate a massive amount of wealth to live well during retirement. You don’t need an amount equal to your pre-retirement income to live on either. Most people retire on significantly less and live well. These are a few practices that might put you well ahead when the time comes that you want to pull the plug on work.
Given the ramifications of the 2008 Global Financial Crisis, it’s somewhat understandable if people have taken a different approach to investing in real-estate. However, while that crisis was indeed detrimental to the housing markets worldwide, those same markets have started to recover. That recovery has once again demonstrated that buying appreciating assets and leasing depreciating assets is still as a basic principle of solid money management.
Starting a new business is an exciting prospect, but it’s important to remember that a large number of startups fail, either due to mistakes made on the part of the entrepreneur or general issues that the proper market research could have perhaps prevented. According to both experts and business owners themselves, there are a number of things that can kill a startup. The following are four such reasons:
Starting a business scares the daylights out of many entrepreneurs. The optimism of a bright future collides with the stack of work on your desk that never seems to end. Starting a business consumes all of your time, and you must pay attention to every detail. The stress mounts quickly in the midst of the struggles. These four struggles in particular face nearly every entrepreneur.
Choosing the right legal structure for your company is one of the most important parts of the start-up process. This will affect the way that you pay taxes, how much you pay in taxes, your ability to raise money for your operations and how much paperwork you will be responsible for. It will also determine how much personal liability you’ll assume for the success or failure of this endeavor. When it comes to determining which entity or structure is right for your organization, it is important to note that this will depend heavily upon your current circumstances and your long-term goals. Thus, it is generally a good idea to consult with business lawyers and financial advisers before committing to a company structure.
People all over the world are interested in startups, but they struggle with venture financing, especially in Europe. Even though Europe has some venture funding, the majority of the funding still flows out of Silicon Valley and New York. This leaves startups in London and Berlin searching for answers. How can London tech companies go from raising $1.4 billion to the $4.5 billion in the coming years?