How The Alternative Lending Industry Began
The alternative lending industry stupefies many business owners just beginning their search for funding. Part of the confusion comes from the industry’s polyonymous history and similar but shady associated industries. Alternative forms of money lending that were once referred to as payday loans, cash advances, merchant cash advance (MCA), and more, are now finding their […]
SBA Loans vs. DNA Advance Group Funding
When it comes to finding funding for your small business, there are countless options to explore. Two of the most enticing choices are often Small Business Administration loans and DNA Advance Group funding. DNA Advance Group is part of a new industry of financing companies that make it easier than ever for small businesses to […]
How To Use Bridge Funding
Bridge funding has several different meanings depending on the industry. In real estate, bridge funding is a downpayment in the form of a loan that home buyers often use when they’re waiting for their old home to sell but are already buying a new one. In the startup world, bridge funding is a small, short term amount […]
Growth Capital vs Working Capital
Growth capital and working capital can be simplified as long term and short term cash. Each has its own strategies for obtaining and sustaining, and each is important for the health of a business. Business capital is necessary to pay vendors and employees as well as investing in tangible assets that stimulate growth. It’s not […]
Rothy’s Marketing For The Luxury Start Up
During the Great Recession of 2009-10 thousands of small businesses fell behind in payments and cash flow issues were hard to correct. After four years of product research and several more years of spreading the word, @Rothys has perfected the modern woman’s flat. Seamlessly knit with a 3D printer using recycled water bottles, this shoe […]
Wolverine 1000 Mile Boots The Lifetime Business Model
Would you pay $415 for a pair of boots? Shoe company @Wolverine can attest that yes, many people will. Making a product so high quality it will last customers a lifetime seems like a tough business model, right? You want people to continue to purchase updates and new editions… but they won’t do that if what they […]
Getting Your Business On Shark Tank
Shark Tank is idolized in the startup world as the angel investor a brilliant but under-appreciated business deserves. Many entrepreneurs think their business is the next big thing (after all that’s why they started), so many in fact that Shark Tank receives over 45,000 applications a year. But out of those applications, only 200 get […]
Entrepreneurship Two Financial Approaches
One of the scariest aspects of entrepreneurship is money: the startup costs, the revenue flow, extra capital for growth. So much money is needed to start and sustain a business, and most people with a product or service idea and a business plan can’t make their dreams happen simply because they don’t have the money, or […]
Scrub Daddy The Shark Tank Prodigy
Shark Tank ABC has the touch of King Midas in the business world. Whether or not a deal is successfully made, any start up featured on the show instantly sees an increase in sales due to the show’s audience of 7 million viewers, all curious potential customers. While most, if not all, companies reap the […]
Eggslut The Viability of Food Truck to Restaurant
The fourth most photographed restaurant in the nation (according to Instagram) is a four brick-and-mortar location shop that started as a food truck. EggSlut is the name, perfect eggs are the game. FOUNDER ALVING CAILAN Founding chef Alvin Cailan had chosen cooking as a career early on, but he decided to start his own business at 30 […]