Helpful guides and how to articles to help you understand business finance with your startup
Should You Start a For-Profit or a Non-Profit Business? by Tim Donahue At the heart of every entrepreneurial journey lies a pivotal decision: should you start a for-profit business, thriving on innovation and profit, or a non-profit organization, driven by mission and community impact? This choice isn’t merely about business models; it’s about aligning with …
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How To Get Your Kickstarter Funded – Best Practices, Tips, and Tricks by Tim Donahue Introduction Understanding Kickstarter Crafting Your Campaign Setting Goals and Rewards Marketing and Promotion Engaging Your Community Handling Challenges Post-Campaign Strategies Top Five Tips For A Successful Kickstarter Campaign Success Stories and Learnings Conclusion Introduction Imagine the moment when your creative …
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What is Traction, Why is it Important and How do I Gain Traction for My Business? by Tim Donahue Understanding Traction in the Business World Every entrepreneur dreams of leading a successful business, but the path to success is often riddled with challenges. One critical concept that stands out in this journey is ‘traction’. But …
Startup Costs Calculator by Tim Donahue Estimate costs to get your new business launched with this handy Startup Costs Calculator Instructions: For each section, choose whether lowest, middle or higher cost depending on how extensive your needs are and your available budget. What do these levels “Lowest Cost, Middle Tier and Highly Customized” mean? Lowest …
California Minimum Franchise Tax $800 – What You Need To Know by Tim Donahue Guide to Paying the $800 California Minimum Franchise Tax Starting a business in California brings with it a wave of exciting opportunities, but it also comes with certain financial obligations. One such requirement that often catches new business owners by surprise …
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Basics of Small Business Accounting For Beginners – What You Need To Know by Tim Donahue Learn the basics of small business accounting quickly with this guide for beginners This guide will walk you through the basics of small business accounting and set you on the right path. We’ll explain each component in detail, ensuring …
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Guide to Paying Sales Tax, and Business Taxes in California for Online Retailers and Etsy Shops by Tim Donahue How to collect and pay sales tax in California – for online retailers and Etsy shops Welcome to our comprehensive guide on paying Etsy and online store sales tax in California. Navigating the world of sales …
How Much Of My Budget Should I Spend On Marketing? by Tim Donahue How Much Should You Spend On Marketing? Understanding how much of your budget to dedicate to marketing is a critical decision that can significantly influence your business’s success. Whether you’re a startup or an established company, you want to ensure that your …
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How To Divide Stock Equity In Your Startup by Tim Donahue Here’s how you can figure out how to divide stock equity in your startup Starting a new business is an exhilarating adventure, and one of the most critical aspects is figuring out “how to divide stock equity amongst startup founders”. This process requires careful …
How To Find Investors and Funding for Your Startup Wondering how to find investors and funding for your startup? Here’s our comprehensive guide to get you started Starting a business is an exciting and challenging endeavor – and many new founders quickly learn that they need more funding to build their business. Without an adequate …
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Easy Guide: How to Apply for SBA Grants and Loans by Tim Donahue Get started quickly – learn how to apply for SBA grants and loans Starting a new business or expanding your existing one is something that causes a lot of business owners to apply for SBA loans and or grants. However, securing the …
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How to Choose a Business Entity and Open a Business Checking Account Here are the steps to choose a business entity and open a business checking account: What Are The Different Types Of Business Entities To Choose From And What Are The Advantages And Disadvantages Of Each? There are several types of business entities to …
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How To Find Funding For My Small Business Quick Start Guide: How To Find Small Business Funding Starting a small business is an exciting project for sure, but wondering “How do I secure funding for my small business?” can be overwhelming. With so many options available, how do you know which one is right for …
Business Finance Basics Explained in 2 Minutes A Quick Introduction to Business Finance Nervous about the basics of business finance, accounting and all those complicated terms you’ve heard but weren’t sure about? Well, understanding business finance basics can be easy, and we’re gonna bring you up to speed on the basics – fast. We’ll break …
Create a Basic Financial Projection for your Startup How much revenue is your startup capable of generating? Use this simple template to figure out if your business can generate the money you’re hoping for We’ve created a simple spreadsheet template – it will give you an idea for how much money your new business idea …
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