If you’re an entrepreneur who is interested in starting a small business, it’s a good idea to ask yourself many questions so you can determine how to best proceed—not to mention succeed! If you haven’t already, here are the top questions you should ask yourself: What products and/or services am I going to offer? Who […]

Determining how to fund your nonprofit can feel like a daunting task. The pressure to get dollars in the door is immeasurable and can significantly stress the process of starting or maintaining your nonprofit organization.   There are many different ways to secure funding for your nonprofit, both as you get it running and as […]

Monitoring your expenses is an essential element of financial oversight for any business owner. Knowing what money is going out the business and what costs you incur to operate is just as important as identifying how your business will generate revenue and bring money into the business. Businesses incur both fixed and variable expenses and […]

When you start a business and are developing your strategy, an important part of the strategy is going to be your revenue model – after all you need to generate income! There are several revenue models that can be implemented. Many times a business will have more than one revenue stream within their revenue model […]

Budgeting is a very important activity you should be doing to help drive the financial sustainability of your business. Forecasting your finances is not a “one-and-done” exercise, but something you should be doing ongoing with a regular and recurring cadence. The goal of budgeting is not to be 100% accurate in your projections, but to […]

One of the biggest struggles for entrepreneurs is raising money to fund their startup or grow their business. Access to capital remains an issue for many business owners, so you have to remain flexible and get creative with your efforts. You may have to diversity across a few different resources to optimize your capital structure. […]