As the owner of a startup, you are probably trying to do a lot with a little, and that may mean you're doing your own accounting. While you may try to handle your accounting on your own, it's usually not the best idea, especially if you're working with investors and managing payroll. If you make a mistake in your accounting, you can end up with a huge mess on your hands. Therefore, we have compiled a list of common accounting mistakes your company may be making for you to review. If you find tha...

One major consequence of the internet has been the proliferation of choice, in all arenas. Remember when you walked into clothing stores and picked out what was on the shelf? How quaint. Looking for a new kind of toothpaste? Here are 75! When it comes to material objects, figuring out what you need can usually be done through online reviews. For services, however, the currency is still the personal reference. Think about it: when you need a service, would you rather read 400 online reviews, then...

​ Preparing for the sale of a company can be a long-term process and one that can zap the energy of even the most energetic CEO. We've put together a shortlist of four things founders/management teams need to consider before selling a company. #1: Keep moving forward As you enter the sales phase, you might be tempted to scale back your day-to-day operations. This isn't a good idea. You want to keep your business running as usual, just as if a sale isn't right around the corner. This guarantees y...

With the internet rapidly taking over the way we do business, a lot is changing. Some people view the digitization of work as a bad thing, but really people will be the winners . One of the reasons for this is that it brings people together. Physical location no longer determines who can work for who. Employers can search out the best of the best and hire them for whatever tasks they need. Working with freelancers also saves you money. You only ever pay for the work that is actually completed. B...

Thinking about adding interns to your startup staff? Oftentimes, this is a great idea. Interns can bring fresh, new ideas and a unique perspective to your startup. They are usually inexpensive, and very often they're young and flexible. You'll find they're willing to learn many different aspects of your business and pitch in where they're most needed. As an added bonus, if they really work out, you can add them to your staff permanently. Yet, there are some important guidelines to follow when do...