Why It Is Not Advisable to Not Have a Business Plan


When you start a business, different people will advise you differently on how to turn your venture into a success. While it looks natural to have a business plan beforehand, do not be surprised if you find some people telling you to not have one. According to some, having a business plan limits you in your exploration and prevents you from taking risks. That might hold true in some cases, but that’s not how it is for everyone. Having a business plan is a

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Calculating Startups Costs before Approaching Investors


If you have a unique idea that you think can turn into a business, you should get ready to do some preparation before you take it to investors. When you present your idea, which might just be in a prototype form, to an investor, you have to be well-prepared to be scrutinized. Quite understandably, investors are always keen to know where their money is going.
They want to have full details of where you will use their money and what return their investment will generate.

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Technology Trends That Are Crucial for Small Businesses


Technology is like blood for modern businesses. You don’t have to have a tech business to be reliant on modern software and hardware advancements. Instead, technology is at the core of all processes for non-tech organizations as well. From database security to expansion of operations beyond national boundaries, businesses have to use technology to their advantage to achieve it all. While large enterprises continue to benefit from the most advanced hardware and software tech for their growth, small businesses often come across the dilemma

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Here Is What Small Business Owners Should Know about Angel Investors


When you have a small business, and you are serious about its growth and expansion, you have to use every option available to you to get the funds you need. In some cases, venture capitalists are not really a good fit for funding the startup or small businesses. They focus a lot on the returns they get from their investments, and somewhere in that attempt, they forget to pay enough attention to the needs and limitations of small businesses. One of the best solutions for small businesses to get the required funds is

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