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Everything You Need to Know About Working Capital Business Loans

24 Nov, 2016 / Comments:Comments Off on Everything You Need to Know About Working Capital Business Loans / By William Mahnic

One important indication that your business is successful is how much money you are making. Of course, in order to run your business, you need to use this money to pay your rent (if you don’t own your store outright), insurance, utilities, vendors, any materials you need, if you make your products, plus the wages of your employees. Even if your business is booming, a working capital business loan can help you to expand by giving you the capital you need.   What is Working Capital? Working

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What to Do When Venture Capitalist Turn You Down

17 Nov, 2016 / Comments:Comments Off on What to Do When Venture Capitalist Turn You Down / By William Mahnic

As an entrepreneur, you’ve put blood, sweat and tears into your work and when you finally approach a venture capitalist you may feel you’re entirely ready. You’ve done your homework, you’ve had numerous conversations with board members, advisors, your management team, and mentors to seek advice. Chances are you received a lot of initial interest from venture capitalists who want to learn more about your business and see if it’s worth investing in. However, sadly due to the competitive environment,

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How Not to Go into Debt When Starting a New Business

10 Nov, 2016 / Comments:Comments Off on How Not to Go into Debt When Starting a New Business / By William Mahnic

Many budding entrepreneurs end up owing a lot of money on mortgages, credit cards, student loans, and cars, which can put a major damper on the possibility of business ownership. Risking everything by quitting your job to start your own business when you’re in debt by thousands of dollars is not advised. However, you don’t necessarily need to go into debt in order to become an entrepreneur. Let’s take a look at some ways you can start a business without going into debt.   Look at All of

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How to Take Your Etsy Hobby to a Full Blown Business

03 Nov, 2016 / Comments:Comments Off on How to Take Your Etsy Hobby to a Full Blown Business / By William Mahnic

Running your own company is extremely difficult and doing so on Etsy is no exception. However, the good news is that setting up your Etsy shop is quite simple, there are over 1 million people that use the platform and the fees for selling your homemade goods on Etsy are relatively low—20 cents for a listing and 3.5 percent of the profits. Although you may just be small time now, if you put the work in, you can make your Etsy hobby a full blown business. All it takes is commitment and the right

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