Thank you for asking this question! As someone who has owned multiple small-medium sized businesses, I know the importance of managing purchases in relation to cash flow. I prioritize the following when considering this question in relation to my own businesses. 1. Cash Flow-It is critical that ...
Great question. Happy to have a conversation on this (I currently have a reduced launch rate) and explore your options but here are my top tips. 1) Tailor my advice to your business's niche and obviously look in that area, but for example great cofounders could probably be found as follows - cont...
Great question, I have launched a few digital products and have helped others do the same. The steps can be as simple as: Setup a PayPal link and send it out to people or can involve complex applications. Without knowing the exact nature of the product or service in mind here are some general st...
I'm afraid they will not take you in if you're working with another company. They would see this as a potential conflict of interest. However, that position you're describing -Country Manager- could come with a good salary and opportunities to grow within the company. What you should do is to ma...
Buying an existing business can be a great way to accelerate your transition from employee to business owner - as theoretically you'll have revenue and be able to make a more seamless leap into full entrepreneurship. Doing so without collateral creates some limitations, as it will likely mean ta...
B2B is much easier and more profitable. The pitch to help a business grow at an affordable price is much easier than having to spend on gaining customers trust/loyalty.
I am not a tax expert and this is not legal advice. But I believe that the only reason to secure a 501c3 (as opposed to one of the designations for a nonprofit membership group) would be to provide tax deductions to donors. If all you need is an entity that won't pay income tax (like a fraternal ...
Hi there, The options are the same as buying many traditional businesses. You can obviously use your own funds, raise funds from friends and family, use personal lines of credit, crowdfunding/investment or seek personal loans from financial institutions. Any wise investor in your venture shoul...
Hello. I hope you are doing well! Are you trying to get your products into the EU through Croatia? Are you producing anything or only trading? Based on the information you provided, I would try contacting the local authorities or customs, you will have different fares depending on the direction o...