Introduction: The 2008 Global Financial Crisis marked a devastating period for the global economy, yet it inadvertently paved the way for the thriving startup ecosystem we see today. The aftermath of the crisis prompted central banks to slash interest rates to historic lows, ushering in
Startups need funding to get off the ground. Whether you’re a budding entrepreneur with a groundbreaking idea or a seasoned founder looking to scale your business, securing the right kind of funding is crucial for success. There are many different types of startup funding available,
When it comes to running a successful business, accurate financial reporting and record-keeping are paramount. These practices not only provide insights into your company’s financial health but also play a crucial role in attracting investors and making informed strategic decisions. In this article, we will
As an entrepreneur, your primary focus is often on your startup’s financial health. However, personal finances play a crucial role in setting you up for success before embarking on your entrepreneurial journey. Ensuring your own financial stability not only provides peace of mind but also
Manufacturing executives report experiencing a reduction in credit and tighter loan terms in recent weeks, according to a new poll of 150 US-based manufacturing executives conducted by Forbes, Xometry, and Zogby in early April. The survey reveals that 64% of respondents have seen a change
Shark Tank, a popular American television show where entrepreneurs pitch their business ideas to a panel of potential investors, has produced numerous success stories since its premiere in 2009. With over 200 episodes and more than 800 pitches aired, the show has facilitated over $200
As an entrepreneur, managing finances and maximizing rewards is a critical part of running a successful business. One way to make the most of your spending is by choosing the right credit card. With so many options available, it can be challenging to find the
Running a company inherently carries a lot of risks with it. Some things that have a tremendous impact on our companies are simply beyond the control of even the most meticulous entrepreneurs. However, that puts even greater pressure on aspiring business owners to address the
2021 included 1,057 IPOs, more than double the amount seen during any other year in history. This unprecedented frequency of companies going public showcases the vibrancy of the market and excites investors. An initial public offering (IPO) gives investors an opportunity to be a part
South Korea’s latest series, Squid Game, has been one of Netflix’s biggest hits ever since its release on September 17th, 2021. The TV series consists of 456 debtors who are in a miserable place in life. They receive an invitation to participate in a survival
Bitcoin, blockchain, crypto…Dogecoin. Are these new forms of money? The next hot investment? Or, a fad that will be irrelevant in 5 years? Unless you’ve been living under a rock for the last few years, chances are you’ve heard of Blockchain, a new digital technology
In certain periods of the year, your company’s cash flow will inevitably be lower than usual. However, this is not a reason for concern if you know how to access the money locked up in customers’ invoices ahead of the payment. For companies that are
Whether it’s insufficient business experience, lack of a support structure, or poor timing, people have several reasons not to pursue their entrepreneurial ambitions. Don’t let a lack of starting funds be one of them! Read on to learn how you can get started on Amazon without
According to the Bureau of Labor Statistics, 20% of businesses fail in their first year of existence and almost half of all startups (45%) will have failed within the first five years. Lack of funding has been found to be one of the reasons they
In 2019, Facebook first proposed a new cryptocurrency network on its social media platform that would change the way the world banks. In response, they were hit with major backlash from regulators because of concerns over instability of cryptocurrency like bitcoin. Over the last month,
When we think of wealth, we think of having lots of money. But have you ever thought about how you could build wealth for your family? For future generations? Like generational wealth? Generational wealth refers to assets passed from one generation to the next. Those
So, you’ve taken the big leap and started your own business! Time to get started on that checklist. Website is up and running, orders are coming in, business plan all written out. But something is still missing…a retirement account? Now? Your early 20s or 30s
