What Happened to Bootstrapping Startups?

Very simply, “bootstrapping” is starting a business with limited capital or resources and growing from revenues received with little to no outside capital.  Sounds pretty easy right?  It is to a certain extent and the term means many different things to different industries. In technology, if you are a software company based on code written by yourself and a couple of…

Why the SBA is Wrong on Starting a Business

A great number of individuals who are interested in starting their own business tend to rely on information provided by the Small Business Administration (SBA), a government organization that assists small businesses in various ways. In looking over the SBA’s 10 Steps to Starting a Business checklist – I see a number of issues, namely that they have the steps in the…

Empower Your Young People!

Gone are the days when young people finished their education and then started looking for job.  With so many possibilities readily available in the job market, individuals now rely on starting early. These young starters are very energetic, vibrant, and enthusiastic and are always overflowing with self-confidence. When we discuss young workers, we are talking of people aged in between…

How Owners Should Manage Their Personal Finances

Owning a business requires owners to be smart about their personal finances.  One of the skills you need to learn is money management. Unlike large businesses, small businesses or start-ups primarily use finances that are linked with personal finances.  You, as an entrepreneur, need to know techniques in utilizing your personal money to keep track of all your financial decisions and…

Should Your Small Business Consider Franchising?

If your business is doing well and attracting the attention of potential franchisors, there are few factors you should consider before going into business. For small businesses especially, franchising can be a great way to expand your customer base and business model. But franchising can also bring more responsibility and differing reputations of your company. Before you begin the process,…