5 Questions To Ask Before Starting a Nonprofit

Girl wanting to start a nonprofit

So you want to start a nonprofit organization. You have identified a problem you want to solve and how you’d like to do it. But there is so much more that goes into starting and running a nonprofit than you may think, there are certain aspects that you must consider to determine whether or not this is the right move.  … Read More

10 Steps to Starting Your Nonprofit from Scratch

Do you find yourself with a desire to help those in your community? Do you want to venture into an entrepreneurial journey for a good social cause? Then, starting a nonprofit might be something worth considering.  Before you begin you should consider the reasons why you are starting a  nonprofit. Starting a nonprofit is like starting a business. Although your … Read More

How to Take Advantage of Tax Deductions for Startups

Taxes are one of many concerns people have when starting a business. Everyone is interested in ways to reduce costs and maximize profits, which is why knowledge in tax write-offs and deductions are highly beneficial and a great strategy for when tax season rolls around.  Unavoidably, there are many expenses associated with starting a business, and the IRS has rules … Read More

How to Choose the Right Business Structure for your Startup

You’re wanting to start a business and in the midst of creating a business plan. Now what? As you put together your business plan, it is crucial that you decide what type of legal business structure you will have.  Setting up your legal  business structure will dictate the different benefits you will be eligible for, your taxation, the liability of … Read More

Create a Cash Flow Statement with Excel Templates

man calculating his cash flow statement.

There are many moving parts when it comes to a business plan’s finances. Arguably one of the most important moving parts is your cash flow since it helps you understand how money moves into and out of your business. A cash flow statement is essential as it dictates how a business or nonprofit goes about its daily operations. Businesses can … Read More

Breaking Down Your Unique Value Proposition (UVP)

A unique value proposition (UVP) is a brief explanation of the benefits your product or service provides to customers. It specifies how it is different from other offerings and how it solves customers’ problems more effectively than other competitors. It is essentially a promise to your customers of the value they receive with your product. Your UVP serves as a … Read More

How To Price A Product

Women setting her price for her product

The price of your product is pivotal to your success as a business. It represents much more than a financial transaction.  Some people may think that if a particular business offers a product at a lower price than its competitors, that business will automatically get more customers and make more money. However, that couldn’t be further from the truth.  Your … Read More