How Does a Typical Vesting Schedule Function and What Are Its Advantages
Imagine that you have just founded a firm based on your business idea. You are going to act as CEO and work on product and business decisions. Your technical co-founder is going to handle most of the building and design. You are both fully committed, and you have both quit your day jobs. You […]
10 Effective Strategies to Manage & Lead Technical Teams
Managing a technical team effectively is like growing and taking care of a plant every day to yield tasty fruits in the future. And it’s not an easy task. Businesses are not just about one person – it’s about a team of people. A business cannot control external influential factors. But they have the full […]
What is the B2B2C Business Model and How It Is Transforming Businesses
60% of millennials are loyal to firms that provide a unique shopping experience. They have the power to spend $1.4 trillion (accounting for 30% of all retail sales in 2020). The B2B2C model helps to take control of the customer’s shopping experience. 70% of business buyers look for a user experience, like Amazon, when they buy goods. 74% of […]
A Complete Guide On Shareholder Agreement Template
When setting up an organization with family or friends it’s easy to assume that nothing can fail in the future. You might assume that as you trust one another you do not need to put in place something like a shareholders’ agreement. So, you might think that asking for a shareholders’ agreement will […]
Product Market Fit- Concept, Framework, Its Testing And Some Real Life Examples
To understand the concept of product-market fit and its framework in detail let’s understand a scenario first. You can think of product/market fit as sailing, where the sail and demand are the wind. So, you have to build a sail. You must find the wind to power it. Then the boat will work. Similarly, […]
A Comprehensive Comparison to Ascertain Why Debt is Cheaper Than Equity
CEOs of early-stage firms rarely think of debt financing as growth capital. Venture capital has more considerable mindshare. Many founders are anxious about taking money that has an interest rate or repayment cap attached. They do not know that debt is cheaper than equity. Financing your healthy growing company with debt is not the […]
Limited Partnership Agreement : Pros, Cons And Sample Template
When you start your venture, you’ve got a variety of selections to form. What are you going to offer? What market are you going to target? Are you planning to run your business solo or have a helping hand? If you don’t want to run your business alone, you may consider forming a partnership. […]
A Step By Step Guide On Customer Discovery Process
Before creating a product you should be well versed with your customer. Moreover, it’s not just a problem rather you should also be well versed on how to propose a solution. However, the biggest challenge that you face throughout the journey is creating a value proposition not only for your customers but also for […]
All You Need To Know About Sales 101 With Its Examples
Let’s go through a scenario to understand sales 101. If your business has built a social media amplification tool (e.g., it helps clients virally spread their message through social sharing). The wrong pitch would be talking about how great your technology is and all the “bells and whistles” you have built into the product. […]
A Complete Guide on How to Get Finance to Purchase an Existing Business
You may be dreaming of owning your own business. But a scary statistic might be stopping you. It is that 50% of businesses with employees fail within five years. Then getting finance to purchase an existing business may be the answer to your prayers. Every year, more than 500,000 businesses change hands. It is expected to skyrocket […]