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- Community development financial institutions offer an alternative source of funding with higher approval rates
- CDFIs seek to broaden economic opportunities for low-income and minority communities
- The pros and cons of using CDFIs for your business financing needs
- A small business Action Plan is useful for introducing new products and services, expanding staff, and other purposes
- An 11-step process for creating this plan
- A real world example of an Action Plan used to meet the objectives of a med spa business
- Investors can provide funding to help a promising new business grow
- The components necessary for a successful investment pitch
- How different types of investors work and what they’re looking for
- Entrepreneurs often have to rely on personal funds for early-stage funding
- Tapping into personal funds, bringing on partners, and convincing friends and family to lend their support
- Crowdfunding options to take your appeal to a wider audience
- Building your company’s digital presence without spending a fortune
- Nine steps to creating an attractive and functional website
- Options for platforms, hosts, content, and more
- A dashboard offers an easy way to track key metrics related to your business
- Tracking sales, return on investment, employee performance, and more
- Factors to consider when creating your dashboards
- While entrepreneurs often focus on profitability, cash flow is arguably the more important consideration
- The benefits of tracking how money is coming into your business and how it is being spent
- Calculations involved in calculating and predicting cash flow
- An action plan establishes a short-term effort to achieve the goals of a strategic action plan
- Assembling a team, monitoring actions, creating a timetable, and other steps
- Building in flexibility to account for unexpected circumstances
- Disruptions ranging from natural disasters to the departure of key staff can impact your business
- Creating a contingency plan to mitigate the scenarios you believe your business is most likely to face
- How contingency planning can benefit your business
- Digital marketing is an essential method for reaching customers today
- Assessing your customer base to determine your digital marketing strategy
- Different options and methods for promoting your products and services online