Venture Capital: Presenting Business Plans to New Investors

The new generations of entrepreneurs who have developed their business to the point of needing investors to build larger, are hesitant about giving up control of their business. CEOs that are raising capital for their business want to know that the investor can bring a benefit to their business. Entrepreneurs are more likely to give up some control of their business, if they feel solid chemistry between them and the investor and if the investor has great skills with plenty of contacts to help grow the business.

Venture capital firms are looking for businesses with solid business plans that are realistic. The business plans should outline the financial planning for the future growth of the business that covers all aspects. The plans should prove beyond a doubt that the projected plans are solid and why more financing is needed. Documents need to show how much money is needed so the business can grow into profitability.

Most investors are also looking at those businesses where the owner has put up his own money for the success of the business. If the owner is willing to take the risk on himself, investors seem to be more willing to put up the extra capital needed. Entrepreneurs who are willing to take a personal risk are usually harder working at making the business grow.

When presenting the business plans to investors, make sure the presenter has a good knowledge of management and can be forceful in bringing the facts to the table. Make sure the whole team presenting the business plans to potential investors, are well versed on presenting the plans. Investors want to see a positive attitude from those that are going to be running the business and spending the money from the investors.

Investors will want to see financial statements and budget plans for the business. If the business is, up and running create a quick layout of the financials and how the business is doing. Investors are not looking for a perfectly financially sound business. They are looking to see how the finances are handled and what improvements need to be addressed.

Capital investors are in great demand. Make sure that all the business plans are completely prepared properly and that all presenters are equipped with the right financial reports, charts and budgets for the business. A poor presenter could diminish the chances of the business gaining the financial money needed to grow or expand a business. Investors will ask all sorts of questions and the answers need to be the ones the investors are looking for without any hesitation from the presenter. Presenters need to know the business inside and out and be able to have the patience for answering questions from more than one investor.

The final step would be to show exactly how much money is needed and how it will be spent to improve the business for future growth. Do not inflate the amount of money needed. Investors are very knowledgeable about business finances and do not play games when investing their money.

Is Becoming an Affiliate Marketer The Profitable Method to Owning a Web-Based Business?

Thousands, maybe even millions of people make money each and every single day by marketing other peoples products and services. However, it’s not quite as effortless as you may have heard. When the internet was nevertheless young it was fairly simple to select a product, acquire a domain and slap up some search phrases that were relevant to what you were attempting to sell. Write a couple very good articles and “BAM” you’ve got a winning blueprint to having fast results in affiliate marketing. Nevertheless, occasions have changed. Now it really is a little more tough to earn say $10 each day per internet site that markets affiliate products. The theory was that should you had 100 internet sites, each undertaking on average of $10 per day that you simply could pull down $10,000 a day. This was the ideal, but now with Web 2.0 being the new internet, social media and marketing have taken a new hold on the old model.

So How Do You Start an Efficient Affiliate Marketing Business inside the Web 2.0 World?

Thanks to that cute tiny black and white Google algorithm update in 2012 (Penguin) numerous of those the old article based affiliate marketing models have fallen off the map. The excellent old days of mass article submissions could be at an finish. This type of super-spun article content is about as excellent as dead.

And so if your desire to make it big in affiliate marketing as of late, the most effective way will be to start your new venture using a single web site. Understand the basics of constructing CSS templates or static HTML pages. Experiment with WordPress. These are all acceptable platforms to run your affiliate marketing business with. It may seem pointless to start back from zero in case you have some marketing expertise underneath your belt, but it is a great refresher. After your up and operating let’s take a look at some well-liked keywords and phrases that you simply can begin to promote your affiliate products behind. Common search phrases are essential – without them you will be “pissing into the wind”.

Affiliate Marketing is a good start: Internet Marketing 101 Course

If you can learn to successfully market other peoples products and services you can successfully industry your personal. Newcomers discover it swift and easy to throw up an affiliate link and get a cut of sales. Within this way they don’t need to bother with clients, returns, merchant accounts and all of the headaches that include getting the product provider. The excellent news is that if you have selected to be an affiliate marketer, all the data you need to begin is accessible online for free. Don’t go out and acquire a truck-load of courses, eBooks and software. You are going to finish up thousands of dollars inside the hole and even worse – you are going to have wasted your time! A single day spent truly marketing will teach you more than a week of reading about marketing.

A few of the very best tools you’ll be able to afford are free and can definitely boost your affiliate marketing sales. Make certain that they are something that you will use time and time once more. The thrill of purchasing a new product is really a matter of brain chemistry and not often a logical decision. It may turn into an addiction, and one that eats away at your tough earned cash. A single tool that’s worth more than gold and rubies combined is an autoresponder. You can pick one up for about $5 a month and they allow you to to develop a list. This list is your ‘go to’ plan if you require some rapid funds rapidly.

WordPress is really a blog platform, and perhaps probably the most well-known one at that. It has lots of nicely created plug-ins to use that can make your job easier and function a lot more effective.

Study tools can also be paid for – you may also use Google Keyword Suggestion Tool (type it into Google) for free.

Now’s the time to grasp the concept that search engines want to provide their guests with info relevant to what they are searching for. And so affiliate marketers must concentrate on providing useful details that seek to serve such searchers by providing solutions to their issues. In the info age, you’ll need to serve to survive. Serve greatest to thrive.

Are Employee Personal Electronic Devices Dangerous to Small Business Security?

Can my employees using their own endpoint devices endanger the cyber security of your business? ”

Good Morning:

A lot of small business owners are starting to allow this and the answer, of course, is YES, your business computer system will possibly be more vulnerable. In fact, how can it not be? But that doesn’t mean that it should never happen. So let’s cover a few things to help you can decide if it is safe for your small business.

Inside some businesses it will work fine.

This is a business decision that you need to make with thoughtful deliberation as well as valid information. What is good for some businesses will be dangerous for others. Some call it the BYOD transition and it opens up all kinds of potential small business security issues.

For one thing, you need to always check to make sure that your employee’s device has anti-virus protection. No exceptions. You simply must determine that it can handle any possible security concerns, especially if you have company network with company data installed on it. Consider all data to be sensitive and therefore a valid company security issue.

Keep in mind that this will involve regular software updates, and you will find it difficult to track this over a wide variety of devices.

Never, ever, consider not installing a Fail-Safe on your machines in case the device is lost or stolen. This will wipe the data from the device to prevent unauthorized use of your company material.

But it is possible that it might be appropriate to consider a BYOD policy for your office equipment. Under the right conditions, it can be a real bonus for your business.

QUESTIONS TO HELP DECIDE IF A NEW ENDPOINT DEVICES POLICY IS DANGEROUS TO CYBER-SECURITY.

Here are a few questions for you to go through in order to decide. I encourage you to get competent advice from a trusted source, from someone who really understands the issues involved. Your software provider could be one source. You don’t want to buy things you don’t need but it can be a real disaster to miss a bet here.

First of all, I would question if your employees are really tech-savy. Don’t just ask them but find out for sure. This can make the process easy but a miss here can spell nightmare. Also, will they have reliable equipment as well as understand how to update and maintain it from a security standpoint. The difference here will make the transition either easy or wildly chaotic.

Secondly, is how sensitive is your company data? Some companies would find one slip-up here to be catastrophic, while another will ease through it. If you have a medical, financial,or legal office, I would be very wary. Having a serious data breach here could lead to all kinds of problems and is too big a gamble. So think this through.

Thirdly, how many employees would be able to choose their own devices? If only a few employees are interested in this change in policy, the problems in it may not be worth the hassle. Remember that cyber security is the paramount concern. Not just happy employees (although that is of vital importance!).

Next would the question of how quickly is the business growing? If you are expanding quickly, the benefits might be huge. It could reduce your already serious technology costs a great deal. And new hires could have reduced work stations. This might also reduce on-site workers which will leave you increased office space.

The next question is one to ponder seriously and slowly. It depends a lot on what kind of office staff you have. If your people are serious about business and possess the business focus necessary, it might work out fine.

When you walk around the office, do you see a lot of surfing? Do they play games while working? If so, you know what will happen with their own devices. Your company data might have to compete for space with Donkey Kong.

I am just saying that if they have a hard time focusing on your business priorities, giving them access to their own devices might be counterproductive.

These are serious things to consider and get some good advice.

Thank you for coming.

Jim

What You Need To Know About Your Business Before Hiring A CPA Firm

When you run your own business, you’re in deep in every decision that’s made simply because it’s your neck on the line. What’s more, it’s your money on the line, which means contemplating the hiring of a CPA firm. This can be a bit difficult for some business owners because they’ve essentially depended on themselves to get this major project going. These owners act as CEOs, CFOs, COOs, etc. The idea of bringing on anyone else to handle what they can do themselves seems a bit absurd.

But should it? A reputable, dependable CPA firm does many things, most of which boil down to making sure that your business’s finances are in order all year long. They are also keen on being a financial advisor, looking at all the ways your company can keep and on the right track in both the short, and long, term.

Still, even the best accounting firm can’t do its job without you getting your act together & understanding what it is your business’s goals & aspirations are over time. Moreover, you need to know what you want out of an accountant. You’ll need to assess your company’s needs. Will you need an accounting firm to do things that include AP, AR, payroll, and taxes? Unless you know what you need of a firm, you can’t find the right one to come onboard.

You want to be sure that your business is run in such a way where there aren’t a lot of “oddities” involved. For example, you don’t want only one person to have access to a record filing cabinet because “that’s how things go.” You want financial records to have order with programs that are universal so that there is no “well, see this is how [enter name] does stuff.” A good CPA firm will want to be able to acclimate working in your business so as to ascertain all they need for their reports. They want a complete picture, and, as such, you need to be sure you don’t have outlying roadblocks to their success.

One final thing you need to know about your own business before you choose to hire a CPA firm is how accessible the business is to an outsider. Now, even though we’ve talked about access to records, this goes further into the notion of how easy it is to understand the type of business you run. A good accounting firm will do its best to learn your business inside and out because the better they know your business, the better they can inform you of any missteps to avoid. For example, if your company relies on sales of certain goods, you need to know your accountant understands supply and demand. Otherwise, you may be in for a real shocker when they can’t give you input on where your capital should be invested.

Accounting is an important part of any small business, so hiring the right CPA firm should be high on your list of priorities.