Understanding Venture Debt vs Venture Capital
Despite growth in sectors like artificial intelligence, venture capital funding has seen better days. After peaking at $347.5 billion in 2021, there...
So, you wanna start a business, eh? Has the thrill turned into fear yet? Already? Don’t worry; that’s completely normal. It can be intimidating to take a concept and put concrete numbers behind it.
But knowledge is power, and I can promise you’ll feel better with estimates of space requirements, lease pricing, salary ballparks, and industry revenue. If nothing else, rough numbers give you a jumping-off point for financials. The first step in turning your fantasy into reality is RESEARCH!
A prospective entrepreneur’s best tool is a good web search. While a lot of the really good information is stuck behind a paywall, there is still a lot of good info available for free. After all, you’re not the first person to start a business. Even though your idea is a novel one, you don’t need to completely reinvent the wheel (unless that’s your business idea!).
Here are a few things to research when starting a business:
Getting approximate numbers establishes a framework for what it will take to make your company profitable, and will help you feel more at ease.
Despite growth in sectors like artificial intelligence, venture capital funding has seen better days. After peaking at $347.5 billion in 2021, there...
Most people think of a professional business plan company primarily as a "business plan writer." However, here at Masterplans, we choose to approach...
Originating from bilateral treaties between the United States and specific countries, the E-2 visa provides a platform for foreign entrepreneurs to...