A convertible note is a financial document that allows a business to receive cash in exchange for equity in the company. This is a short-term agreement typically made with an angel investor, venture capitalist, or other type of private investor. It’s similar to a loan because it allows a business to receive more funding. However,…
A virtual office offers the benefit of having a physical address and the perks attached to it without the expense of a lease and administrative staff. If you’re in the market looking for the best virtual office, consider these top factors: excellent location, phone number and live receptionist inclusions, on-demand access to physical workspaces, and…
With the janitorial services industry currently valued at $98 billion, starting a cleaning business may be a profitable venture, whether you’re looking into residential or commercial cleaning services. In this guide, we go through the steps and talk about low-cost strategies to get your cleaning business up and running on a budget. You can also…
Before your business can begin operating, it needs to be registered with state and local agencies. Before registering your business, you’ll have to choose a business name and obtain an employee identification number (EIN) from your state. While this process will register your business as a legal entity, there are other benefits as well, such…
Series A, B, C, and D funding are multiple rounds of venture capital funding. Attractive to startups that either can’t qualify for conventional lending or need substantial capital injections, these funds provide financing from outside investors to help fuel growth and expansion. The purpose of naming the Series A, B, C, and D funding rounds…
If you decide that venture capital (VC) funding is a good fit for your small business, you’ll first need to determine the value of your business, decide the amount of funding you need, and prepare your pitch to investors. Once you have the details of your presentation worked out, you will need to locate potential…
Angel funding is the process of raising money from investors who exchange their money for part ownership in your business. It’s a less formal and lower-effort process than raising money from professional investors, such as venture capitalists. Some startup business owners begin their financing search using alternative funding methods like angel investors. Others will turn…
Venture capital is a type of private equity for emerging startups that have high growth potential and need capital to scale their business. Venture capital firms pool investor money to fund startups in exchange for equity and also shape the strategies of the companies, provide expertise, and make introductions. It’s a good option for startups…
