Tag Archive for ‘startup advice’
4 Ways to Save Money on Market Research
For many entrepreneurs, there is the temptation to skip market research. “I know my product’s strengths and I know there is a market for it,” they say, and they may be right. Nevertheless, market research is absolutely essential prior to launching (or even manufacturing) your product. That’s because your research will go well beyond simply [...]
What to Know When Considering Angel Investors
Many new companies reach a point where a significant influx of money is necessary to take the business to the next level. Perhaps you need money upfront to fulfill a large order for inventory; maybe you need a complex new website to accommodate growing e-commerce for your product. One way to obtain the money you [...]
Facebook: a Promotional Budget’s Best Friend
Already on Facebook? Terrific. Haven’t taken the plunge yet? You probably will. Long popular with (and once limited to) college students, this online social networking site is exploding in popularity among the post-twentysomething set. While it was originally designed for social networking, it’s become a valuable marketing tool for all types of businesses, organizations and causes; and [...]
When Is the Perfect Time to Start a Business?
We’re all guilty of it — waiting until that “perfect” moment to do whatever it is we’ve been putting off — maybe it’s starting a diet, going back to school, or even having another baby. Launching your business may be another of these on your to-do list. Maybe you’re waiting for the kids to get [...]
Can You Cut Costs on Injection Molds?
We have been contacted by many inventors who have said that they are not able to make a sample of their product because building a mold in the United States is cost prohibitive and overseas factories require minimum runs of 10,000 units. Therefore, they often feel stuck because they need samples of their product to [...]
Business Structuring 101
There are a few types of business identities, including sole proprietorships, partnerships and corporations. Your choice will determine how the business is run financially, and how you are taxed. You may want to consult an accountant or attorney to decide which route to take. In the meantime, here is a quick overview of the options: [...]
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