December 21, 2015
by JIAWEN WU
Comments Off on Equity Financing
What are various sources of equity investment? a. super angels – emerging group of investors that sit between conventional private angel investors and the venture capitalists. b. public stock – selling shares of the company c. private equity – venture capital, leverage buyout, growth capital, distressed or special situation, mezzanine capital 2. […] Continue reading
November 18, 2015
by JIAWEN WU
Comments Off on Early-Stage Funding
There are many ways to fund your company at an early-stage. Self-funding Moonlighting and consulting Bootstrapping Family and Friends / Angels Micro-Equity and Micro-Loans Personally secured bank loans Factoring and supplier financing Government programs Virtual company is a company that has no offices, very few employees loaded with associated costs and benefits, no communication costs, […] Continue reading
November 11, 2015
by JIAWEN WU
Comments Off on Managing Resources – Money and People
There are at least three financial measurements should be prepared to measure company performance. The balance sheet The income statement The statement of cash flows In order to prepare an annual financial budget, there are 11 major categories and steps. sales cost of goods sold gross profit operating expenses operating profit/loss other income and expenses […] Continue reading
October 28, 2015
by JIAWEN WU
Comments Off on Social Entrepreneurship
Primary driver of the social entrepreneur is to build a better society. Global media brings everything in front of us including all the major challenges that human beings are facing. We try to be part of the solution for issues such as underprivileged in the developed world, global warming, energy demands, wealth gaps, famine, pollution and […] Continue reading
October 7, 2015
by JIAWEN WU
Comments Off on Setting Up the Company
There are three most important factors to consider before choosing form of ownership for your company, Company Size – how big you want to grow your company Tax Consideration – avoid unnecessary cost Risk and Return – how much risk you want to take and how much return you expect to get also help you […] Continue reading
October 5, 2015
by JIAWEN WU
Comments Off on Why Do Business Plans Fail?
Business plans fail for thousands of reasons when you test them in the real world. However, when you really look at them and try to summarize those reasons, there are probably only few main reasons that why they failed. You don’t understand your own products/services/team enough. In this scenario, you will most likely end up […] Continue reading
September 17, 2015
by JIAWEN WU
Comments Off on Business Models
There are many ways to describe business models. One of my favorite from the book is that “A business model is a description of how your company intends to create value in the marketplace. It includes that unique combination of products, services, image, and distribution that your company carries forward. It also includes the underlying […] Continue reading
September 9, 2015
by JIAWEN WU
Comments Off on Innovation
Innovation is one of the most important key for a successful business. It is important because it may brings many competitive advantages as following, 1. Build a brand new market that no one to compete yet 2. Compete with other businesses in a new way 3. Mobilize a business and make it easier to access by other potential […] Continue reading
September 2, 2015
by JIAWEN WU
Comments Off on Entrepreneur and Small Business
I like this question because I never compare the meaning behind these two terms. Entrepreneur and small business have many similar characteristics, yet they are still different. Here is list of characteristics that help us to see the differences between them, 1. Risk – Small business tends to have known and established product and services which means less […] Continue reading