by flash-of-cash | Oct 3, 2016 | Crowdfunding
Funding Your Flash of Cash with a Kickstarter Crowdfunding Campaign Once you’ve had a flash of cash and decided to act on it by starting a new business, then you will need to come up with some funding to bring it to life. If you don’t have enough money in your bank...
by flash-of-cash | Jul 1, 2016 | Business Plan
Business plans are designed to answer a lot of questions about your flash of cash. You can use the following list of questions to address almost every aspect of your new venture. However, you might need to change this list, by adding or deleting some questions, so...
by flash-of-cash | Jun 4, 2016 | Startup
Goals and objectives tell your audience how you will accomplish your mission. Goals tend to be general statements, like “dominating the market” and “increasing profitability,” while objectives are quantifiable actions that are related to specific goals. For instance,...
by flash-of-cash | Apr 29, 2016 | Business Plan
Many startups and small businesses create mission and vision statements as part of their business plan. Through these statements, entrepreneurs endeavor to create an overriding purpose for their business. They attempt to go beyond the “what business are you in...
by flash-of-cash | Feb 28, 2016 | Customers, Marketing
Losing customers will reduce your profits, increase your marketing expenses, and lower your cash flow. Therefore it is important that you learn why customers are leaving your business, and implement changes to retain them. Primary market research will provide you...
by flash-of-cash | Jan 23, 2016 | Marketing, Place, Pricing, Product, Promotion
Marketing addresses the four “Ps” of your business: product, price, promotion and place. The combination, or mix, of these elements will define your marketing strategy. In earlier sections of your business plan, you already described the benefits of your flash of...
by flash-of-cash | Jan 9, 2016 | Crowdfunding, Fundraising, Venture Capital
Once that lightbulb has gone off in your head and you decide to pursue your flash of cash, your next step is to decide how you will get financing to bring it to market. Are you going to fund it yourself with your savings or credit cards? Are you going ask friends...
by flash-of-cash | Dec 28, 2015 | Crowdfunding, Fundraising, Startup, Venture Capital
At some point you will need to raise cash for your startup. The timing and source of the money will depend upon where you are in the development stage of your business. For instance, if you are just starting out and haven’t even developed a prototype of your product...
by flash-of-cash | Dec 16, 2015 | Business Plan
The length of your business plan is strictly dependent on what you want to accomplish, how thoroughly you analyze your markets, and the number of financial projections you include. As stated previously, business plans range from verbal statements, to paper napkin...
by flash-of-cash | Dec 11, 2015 | Business Plan, Entrepreneur, Pricing
So you’ve had that aha moment, a flash of cash, an epiphany or the lightbulb goes off in your head for a great new product, and you decide to become an entrepreneur and bring it to life. Before you quit your day job and sink a fortune into developing your flash of...
by flash-of-cash | Dec 4, 2015 | Business Plan
Before you start blasting away with your word processing and spreadsheet software, consider why you are creating a business plan. Do you need startup money? A bank loan for new equipment or inventory? Financing for expansion? Or, a “yardstick” to measure your...
by flash-of-cash | Dec 2, 2015 | Startup
If you are one of those fortunate entrepreneurs who has come up with a successful idea for a startup, then you will quickly turn your thoughts to making it grow larger. While it is easier said than done, you should think through what it will take to grow your business...
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