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5 disadvantages of seeking venture capital

Sarah Lerche
As a new or young company, seeking to fund your startup, it seems pretty straightforward that venture capital would be a good option. Yet, while there are many advantages to it, we're going to look at five disadvantages of seeking venture capital, and why it might not be right for your business.  #1: You may lose control Before you get venture capital, you (and your partners) have total control of your startup. After you get funding, you transfer part of your control to your investors. This...
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Take these 3 essential steps when it’s time to let an employee go

Sarah Lerche
You know you have a problem staffer at your business, but you are too busy to address the issues at hand. So you avoid the problem and eventually sit down with the employee to say, "It's just not working out, so we're letting you go." If this sounds familiar, you could be setting yourself up for expensive and protracted litigation, says Scott Warrick, an employment attorney and HR consultant who is the author of the book Solve Employee Problems Before They Start. "Part of good employee relations...
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Here’s the age you’re most likely to gain startup success

Sarah Lerche
As tech firms work to settle charges of ageism and retreats are popping up to help workers over 30 learn to compete with younger employees, many people may assume that any age over 25 is too old to launch a startup. But luckily for older workers, that view is inaccurate. In reality, the mean age for founders at the highest-growth new ventures is 45. That's the word from a report conducted by researchers from MIT, Northwestern University and the US Census Bureau, which was recently published by N...
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5 advantages of seeking venture capital

Sarah Lerche
You're beginning a new company and as such, you're most likely looking for funding. This is where venture capital comes in. What is venture capital? It's the financing that is invested in startups. It's usually a high risk investment with the potential for unlimited growth. Most people who provide venture capital do it on an ongoing basis. In other words, that's their business. To help you decide whether or not you should seek it out, we look at the five advantages of seeking venture capital.&nb...
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How startups can approach office design

Sarah Lerche
One of the best things about starting a new business is picking out an office location and setting it all up. It solidifies your position as a growing startup and puts you on the path to success. In this article, we look at how startups can approach office design to maximize your space and the potential of your staff. Why is office design so important? One study shows that the design of your physical workplace is one of the top factors affecting employee performance and job satisfaction. Because...
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