#startup-finance

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fromBusiness Matters
1 week ago

9 Accounting Challenges of Starting a Business And How to Overcome Them

Starting a business is an enticing venture, but it's far from smooth sailing. In fact, data from the U.S. Bureau of Labor Statistics shows that over 20% of small businesses across various sectors don't even make it past the first year. Starting a business isn't for everyone. It demands not only skills and resources within your control but also factors beyond it. There's a degree of luck and timing involved. However, positioned between both sides is an essential element: the expertise of others.
Startup companies
fromBusiness Insider
1 month ago

I moved back with my parents and save $3,000 a month in rent

After I graduated from college, I moved to Maine for a year to start my own company in the supply chain AI space. But after living in the Northeast for a year, shelling out over a thousand dollars each month on renting an apartment I often wasn't at because of the amount I was traveling for work, I decided to move back to my parents' house in the Bay Area. It made sense to move back home temporarily, from a career and financial perspective.
Startup companies
Bootstrapping
fromEntrepreneur
7 months ago

The Question Every Founder Should Be Able to Answer-But Most Can't | Entrepreneur

Founders must know their runway to prevent startup failure, as lack of awareness leads to poor financial decisions.
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