The basics of cash-flow forecast forecasting
- Cash: To allow for future slippages, borrow or invest more than the forecast says you need.
- Sales: It takes time to build up....
Starting a business
You can just start doing business as sole proprietorship - get some business stationary with business name, your name, address, email, phone, web URL etc (and a web site to go).
Why incor...
Starting a business
Start with a 10-15 page plan, not more. Good business plans are logical, concise, and realistic, with some emotion thrown in between. Write a (well proofread) business plan not only to convince invest...
Starting a business
The #1 company-killer is lack of market.
- Marc Andreessen
Find answers to these questions:
Who will buy it?
Where are they?
Have you talked to them?
Have you talked to pe...
Starting a business
How to find Disruptive Ideas for creating a product/startup:
Begin with your interests: Something you always wanted to do, having read or heard about all your adult life.
Nex...
Starting a business
Personal Analysis
Create this chart:
Column 1: Skills and Knowledge Needed to Run This Kind of Business Successfully
Column 2: Skills and Knowledge That I Have
Column 2...
Starting a business
What is a Business?
Peter Drucker said, 'The purpose of a business is to find a customer.'
What being in business means
1. Making and selli...
Freelancing skills
Generally, a bad client means a client who won't pay up on time or is abusive. Here are main situations when clients become 'that person from hell':
Accept this as part of doi...
Freelancing skills
Basically, put everything in writing: The contract, letter of agreement, deal memo, adoptive admission, confirming email, client approvals etc.
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The Triple-A Troubleshooting strategy
&nbs...
Freelancing skills
How you should set boundaries with clients:
Things to do before starting out with the project:
1. Anything else you need to discuss in the contract? Loose ends?
...