Business plans of old—and many modern ones as well—possess detailed sections on how a company plans to get funding through traditional means. Think banks, credit unions and interested investors. However, more and more business plans have sections on crowdfunding, and some plans totally bypass traditional funding. Here’s the inside scoop on crowdfunding and why it may make sense for your business.
Profit and cash flow are not the same thing. In fact, more businesses fail due to lack of cash flow than due to lack of profits. So, don’t become one of the statistics: a business that goes broke while recording a healthy profit! Here's what you need to know.
28 July, 2014
Strengthen your business. Produce the results you want.