Thoughts on growing a business, raising money, getting the word out, and increasing profits. Plus, ZipBooks news!
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 […]
Read MoreWhen 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 […]
Read MoreIn 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 […]
Read MoreThey 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 […]
Read MoreWhen 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 […]
Read MoreYou asked, so we delivered. You can now duplicate your invoices and estimates in seconds. Simply go to the invoice or estimate of your choice, click on the extra option bar to the right, and click Duplicate. You will notice that the duplicated invoice or estimate will appear at the top of the list as a draft. You […]
Read MoreYou’ve heard the grim statistics – something like 90% of all new businesses fail within the first few years of operation, but you’ve decided you make the plunge anyway. We commend your courage and optimism, but it won’t be enough. With that kind of force opposing you from the very beginning, it makes sense to […]
Read MoreWhen 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 […]
Read MoreLehi, UT — ZipBooks is the only free accounting software to provide invoice financing, automatic credit card recurring billing and integrated time tracking. They are the newest addition to a growing number of VC-backed FinTech startups. “None of the existing small business accounting solutions out there are solving the most important problem for small businesses—managing […]
Read MoreFor startups and small businesses, keeping the books and managing cash flow can be a major headache. In the early stages of business development, bookkeeping responsibilities fall to one of the founders, who have to either engage a part-time bookkeeper or manage the finances themselves. It’s time consuming and distracts away from their core competencies, […]
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