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Preparing Your Startup for Acquisition




So you’re facing acquisition talks. Great! But, are you ready? Preparing for a potential acquisition should, ideally, happen before a real acquisition ever becomes a looming possibility. Common wisdom says that you should have everything organized so you can provide all the necessary requested documentation. Okay, but what does this mean exactly? What do you really need to d...

Bootstrapping Your Startup: 3 Staffing Tips

Bootstrapping doesn’t mean that you have a permanently small business. In fact, bootstrapping says little to nothing at all about the kind of business you are running or where your business is heading. Bootstrapping simply means that, in the early stages, you are starting your company with little capital. This is just one stage in the development of your company—and no reflection on your f...

The Key to Determining Your Marketing Budget

If you’re wondering what your marketing budget should be, you’re not alone. This is the million dollar question: how can you be sure you’re spending the right amount of money on the right types of marketing? Many say it’s an art, not a science. Others argue that there is a clear equation that can help you to calculate exactly how much of your marketing dollars to place where: Simply figure...

Tracking Your Startup Expenses

If you’re running a small business, it’s likely that you have a lot of different kinds of expenses that you need to keep track of. From travel expenses to trainings and seminars to a company vehicle and mileage, keeping track of your startup expenses is necessary for:

  • Tax purposes
  • Identifying strategies for reducing your burn rate (in othe...

When Is It Time to Hire a CFO?

You may think that you don’t have enough money to hire a CFO. You may be right. But, even if you don’t have the funds to justify hiring a full-time (or even part-time) CFO, you still need some sort of finance assistance. So when is it time to hire a CFO—and what should you do until then? How Much Money Does a Startup Need to Hire a CFO? As with so many early-stage com...

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