This five-step guide walks you through exactly what you need to think about when creating a startup budget.
Money is something all entrepreneurs think about -- especially how to make sure we have enough of it.
While money doesn’t define success, it’s often the reason startups fail. From managing cash flow to making payroll, the way you handle your startup’s cash is critical to your company’s growth. #StartupLab’s mentors have been there, done that -- and they reveal their best tips for financing your startup (from VCs to angels to incubators, banks and SBA loans), cutting costs, pricing your product right, balancing your budget, paying taxes and even finding talented accountants and CFOs once you’re ready to start focusing on the bigger picture.
From professional fees to office space, there are plenty of ways you can save your startup cash and reduce overhead.
Finding a venture capitalist (VC) you can live with for the long term is just as important to your company’s health as their money.
If you’re asking a family member to support your business, then you need to show them the same courtesy — and level of detail — you would an investor.
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