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May 8, 2023
Entrepreneurship is a dynamic dream, with its risk-to-reward ratio heavily weighing in favor of the former, especially in initial years. According to the 2023 statistics by Forbes Advisor, 20% businesses fail in their first year, 30% in their second, and approximately 50% within five years. Financial aspect of business risks is driven by the possibility of a bad bargain in an investment. This could potentially […]
April 17, 2023
Funding can easily be one of the most fundamental hurdles in starting your entrepreneurial journey. Oftentimes, new entrepreneurs decide to self-fund their business ventures, which is known as bootstrapping. Bootstrapping is the method of funding a startup with only one’s personal savings, including borrowed capital from friends and family, and revenue from initial sales. Such types of businesses are independent from traditional methods of financing […]
April 14, 2023
Launching a start-up is not an easy task. If you have decided to venture on the entrepreneurial journey, the aspect of financial tracking can be a significant struggle point. Especially, the global pandemic has added yet another element of economic animosity, navigating whose consequences has been troublesome for even veteran businesses. That is why we bring to you the top three key aspects to stay […]