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Starting a Business

What Is a Convertible Note? Examples & How It Works

By Andrew Wan on February 1, 2023 | Starting a Business, What is

Convertible Note written in a small board.

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,…

6 Best Virtual Office Companies for 2023

By Sam Dadofalza on December 2, 2022 | Buyer's Guide, Starting a Business

virtual office

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…

How to Start a Cleaning Business: Complete Guide

By Meaghan Brophy on October 18, 2022 | How To, Starting a Business

Cleaners cleaning the workplace.

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…

How to Register a Business in 5 Steps & Free Checklist

By Matthew Sexton on September 23, 2022 | How To, Starting a Business

Person is filling up a document on the table.

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 & D Funding Rounds Explained

By Tom Thunstrom on February 16, 2022 | Starting a Business, What is

Group of people is having a discussions and brainstorming for a projects.

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…

How To Raise Venture Capital Funding in 7 Steps

By Tom Thunstrom on February 3, 2022 | How To, Starting a Business

Employee raising venture capital.

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: What It Is & How To Get It

By Matthew Sexton on February 1, 2022 | How To, Starting a Business

A hands holding a coin and on top of it is a startup coin with wings flying.

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: What It Is & How It Works

By Tom Thunstrom on January 31, 2022 | Starting a Business, What is

hand touching tablet

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…

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