The myth: most startups lose money for the first two years.The reality: they don't have to.Failure is good, it's a learning experience. We're meant to embrace it, learn from it, and pivot accordingly. That said, why would you set yourself up for failure? Don't dive into a startup expecting to
If you're asking this question, I can imagine you feel as though you're in dire straits. It's difficult enough to create a sustainable business, let alone grow while you feel as though your expenses are outweighing your profits. Capital and cash always top the list on every entrepreneur's
You've started your business, it's growing faster than you imagined. It's glorious, it's exciting, but now you need someone to pick up the slack. You've reached a point where you can afford to pay someone to start doing the "growing" or to handle your existing clients while you focus on growing.
Anyone who has owned a business or faced a difficult tax situation knows how essential accountants are to avoid financial ruin. While I have no doubt you're familiar with some of the services accountants perform, there's a lot more that goes into accounting than filing taxes and bookkeeping. What
There are numerous factors to consider when you're staring a new business -- especially in Seattle. Washington State has more than a few perks for entrepreneurs, the most important being tax-free revenue. Washington residents are exempt from filing their personal income tax returns within the
"...in this world nothing can be said to be certain, except death and taxes." -Benjamin FranklinFitting that one of our founding fathers said it. It's so American, it may as well be etched into the Bill of Rights. Jokes aside, not a tax season goes by where someone doesn't utter this phrase --
Before you leap into your first day of business in Kirkland, ensure that you have the right legal permissions. Without the proper license, you may build up penalties that limit -- or at least put a huge dent in -- your company's profitability. While it's not an easy process (it never is), ultimately
Getting your first client is one thing. Keeping your current clients is another. But getting new clients is a different strategy; a different phase altogether. If your business is sustaining itself and you have the bandwidth to get new clients, where do you start? Building a business is a lot like