Fabricly is a company that intends to use the $400,000 of seed capital it raised to expand its offerings of a basic product sold with an innovative marketing approach. The startup was initially founded within an entrepreneurial incubator.
If you’re waiting for the right time to start a small business or expand on an existing business, 2011 may mark the year where your wait is over. Because of the Small Business Jobs Act of 2010, Heather Endresen, manager of SBA lending at Union Bank, has made some predictions for 2011 that predict a […]
Social shopping marketers and iPhone application makers are two very popular types companies attracting investor capital. Put the two together and you have Zappli, which produces the iPhone application called myShopanion. The company just raised $500,000 of seed money from angel investors.
Starting a new corporation puts you in charge of your own destiny. Success is largely based upon planning, knowledge, and effort. Because the challenges that confront an entrepreneur are perpetual, finding someone who has traveled that road before you is extremely valuable. This is why finding a mentor will avoid being lonely at the top.
Sometimes an entrepreneur must proceed with achieving sales while simultaneously seeking investors. The idea of selling without the assurance of capital seems counterintuitive. But this method worked for SurePayroll, the largest Internet-only payroll provider.
If you’re going to start a business, will it be full or part time? Many new business owners will start out running their business as a part-time operation, even though the ultimate goal may be for it to be a full-time endeavor.
Tax is assessed on the profit of a corporation differently than the business profit of an independent contractor. Self-employed individuals receive a Form 1099 reporting their income as independent contractors. At high income levels, the tax rate for corporate profits is less than the personal rate. A tax savings is even realized when all the […]
A website testing startup has raised $1,200,000 of initial capital entirely from angel investors. Optimizely conducts A/B testing to measure and track website traffic that helps marketers retain site visitors. The San Francisco based company just launched in July of 2010.