Shark Tank revealed how looking at Gross profit margin ( how efficiently is the product being produced) against Net profit margin (how efficiently is the company operating as a whole) can affect your chances of investment.
Topic: How to Improve Your Company
How to Build a Winning Team
How to Create a Strategy, Vision and Mission
How to Create an Advisory Board
How to Get Funding
How to Improve Your Company
How to Improve Your Pitch
How to Start Your Company
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Average and Marginal costs are both important concepts. However, pricing your product according to these costs mechanisms can lead to dramatically different results. Understanding what this means for your business is critical to your success.
Every business fluctuates through good and bad periods, but when should you signal an SOS? Understanding the characteristics of a failing company could save your business from sinking.
Thinking about attending an accelerator but don’t know what to expect? We’ve contacted accelerators across North America to find out what entrepreneurs really need to know before they attend an accelerator.
We’ve all done it as children when working out a maze. Start from your endpoint and work backwards to the start. This same approach works for mapping out the path to startup success – Start from your endpoint and work backwards to the present.
“The single biggest problem in communication is the illusion that it has taken place.”– George Bernard Shaw
As a founder, you should ask yourself, “What is the final, desired outcome of my company?”
I am amazed at the number of privately held business partnerships that do not have a formal buy-sell agreement in place. This one is absolutely essential. When forming your business, you chose your partner; make sure you have some rights when it comes to who your partner will be as time goes on too.
The goal of many startup companies is to become a scalable business. Unfortunately, there is some confusion about what it really means to scale up.
There are a number of reasons startups ultimately fail to obtain funding. The following due diligence showstoppers are often overlooked by the entrepreneur.