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Thoughts on growing a business, raising money, getting the word out,
and increasing profits. Plus, ZipBooks news!

  • What does a bookkeeper do?

    Posted 7 months ago in Small Business Tips
    by Tim Chaves

    We get this question a lot. That’s probably due to the business we’re in (accounting software, with a healthy dose of bookkeeping on the side). Either way, we talk about it all the time. What does a bookkeeper actually do? There are often other questions that go along with that one: are bookkeepers the same […]

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  • How Much Is My Business Worth? (A Valuation Primer)

    Posted 2 years ago in Small Business Tips
    by Tim Chaves

    What’s my business worth? Business owners and founders grapple with this question, negotiate over it and even fight about it. And that’s to be expected—entrepreneurs want to be compensated for the blood, sweat and tears they’ve put into their businesses—and valuation often plays a large role in determining what that compensation looks like. While the […]

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  • Creating a Great Business Culture Part 2: Establish a Mission

    Posted 2 years ago in Small Business Tips
    by Tim Chaves

    My first day at Google, I was ushered into a big room with a couple hundred seats. Each seat was outfitted with an intern’s name, a laptop, a backpack, one of those nifty propeller hats (really), and a variety of other Google swag. But almost before we could dive into and get too excited about […]

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  • Startup vs. Small Business Part 2: Funding

    Posted 2 years ago in Small Business Tips
    by Tim Chaves

    In part 1 of the “Startup vs. Small Business” I addressed what may be the most important differentiator between a startup and a small business: growth. While I hope that post was useful, especially from a theoretical standpoint, I want this one to go more directly to where the rubber meets the road. What’s the […]

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  • Creating a Great Business Culture Part 1: Empower Employees

    Posted 2 years ago in Small Business Tips
    by Tim Chaves

    When I was in business school, I was lucky enough to intern as a product manager at what I consider to be the best company in the world: Google (not coincidentally, Google’s also battling it out with Apple to be the world’s most valuable company). Perhaps the one thing that stands out most about Google—and […]

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  • Startup vs. Small Business Part 1: Growth

    Posted 2 years ago in Small Business Tips
    by Tim Chaves

    In the course of my career over the past decade or so, I’ve started three businesses—with varying degrees of success! The first, started with a great friend and business partner while in college, was called iWrap, and was a manufacturer of iPhone covers. The second was a design and development agency, called Reef3. And the […]

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  • How to Manage Cash Like a King or Queen

    Posted 3 years ago in Small Business Tips
    by Tim Chaves

    They say “cash is king.” And in this case, they are right on the money. *ba-dum, ching!* A US Bank study found that up to 82% of small businesses fail because of cash flow problems. I’ve experienced this firsthand. When I was working on my second business, a web design and development agency, everything seemed […]

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  • Finding (and Hiring) the Right Person for the Job

    Posted 3 years ago in Small Business Tips
    by Tim Chaves

    When I first started raising venture capital money for ZipBooks, I found that one of the firms evaluating us (that became our lead investor) had a really useful framework for evaluating startups called “The 5 T’s.” Each “T” represented an aspect of the company that our investor would score, and if they all looked good, it likely […]

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  • 3 Ways to Find New Clients for Your Business

    Posted 3 years ago in Small Business Tips
    by Tim Chaves

    When I first started my app design and development agency back in 2010, the biggest question on my mind was how to find more clients.  More clients meant smoother cash flow, higher rates, and lower risk to me as the owner of a small business if we lost one or two accounts.  Over the next three […]

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