Financing in Business
Understanding your financial landscape is where 95% of businesses go wrong.
The financial implications of your business is paramount to keep it running. Once you get sales in, or if your sales are not coming in strong enough yet, learning the finance function of the business is how you’ll learn that you need to pivot or adjust to the market conditions. Learning valuable terms, like “What is a P&L?” is something that the finance department will be responsible for knowing, and providing to you (or you have to do it yourself if you’re a one-man band right now). Either way, really soak up every piece of content you can on this page, if you are serious about starting and growing your small business. These learnings are already wildly valuable if you are working within a larger company or department and want to be taken seriously with the leadership team.
What is a Convertible Note? A Complete Guide for Small Business Owners
Learn what a convertible note is and how it works for small business funding. Complete guide covering terms, advantages, conversion scenarios, and when to choose convertible notes over equity.
What is a S.A.F.E Note? A Complete Guide for Small Business Owners
Learn what a S.A.F.E note is and how it works for small business funding. Complete guide covering types, advantages, conversion events, and when to use S.A.F.E notes vs other financing options.
What is Crowdfunding? Raising Money from the Crowd for Your Business Idea
Learn what crowdfunding is, different types of crowdfunding platforms, and how to successfully raise money from supporters for your business or project.
What is Bootstrapping in Business? Building Your Company Without External Funding
Learn what bootstrapping means in business, the advantages and challenges of self-funding, and strategies for growing your business without investors.
What is Sales Tax? Understanding How Sales Tax Works for Your Business
Learn what sales tax is, how it works, and your business obligations for collecting, reporting, and paying sales tax to stay compliant.
What is a "Friends and Family" Raise in Fundraising? Getting Your Business Off the Ground
Discover what a friends and family round is, why entrepreneurs use it, and how to approach raising early funds from your personal network.
What is a "Seed" Raise in Fundraising? Planting the First Seeds of Business Growth
Learn what a seed round is, why startups seek seed funding, and how a see
What is EBITDA on a P&L? Understanding Earnings Before Interest, Taxes, Depreciation, and Amortization
Learn what EBITDA means on your profit and loss statement, how to calculate it, and why it's important for measuring business performance.
What is Revenue? Understanding Your Business's Income Foundation
Learn what revenue is, different types of revenue, how to calculate it, and why it's the most important number for measuring business success.
What is Pre-Revenue? Understanding the Early Stage of Business Development
Learn what pre-revenue means for businesses, how to navigate this critical phase, and strategies for moving from pre-revenue to profitable operations.
What is a Chart of Accounts? Your Business's Financial Organization System
Learn what a chart of accounts is, how to set one up, and why it's essential for organizing your business finances and creating accurate financial reports.
What is a Journal Entry? Understanding the Building Blocks of Business Accounting
Learn what journal entries are, how to create them, and why they're essential for accurate bookkeeping and financial reporting in your business.
What is Bookkeeping? The Foundation of Business Financial Management
Learn what bookkeeping is, why it's essential for your business, and how proper bookkeeping helps you track finances, make decisions, and stay compliant.
What is Accounting? A Beginner's Guide to Business Record Keeping
Learn what accounting is, why it's essential for your business, and how proper accounting helps you make better financial decisions and stay compliant.
What is Finance in Business? A Complete Guide for Entrepreneurs
Understand what business finance means, why it's crucial for success, and how to manage money effectively in your business. Essential guide for entrepreneurs.
What is a Profit and Loss Statement? Your Business Financial Report Card
Learn what a Profit and Loss Statement is, how to read one, and why it's essential for tracking your business's financial performance and making smart decisions.
What is Gross Profit? A Simple Guide for Small Business Owners
Learn what gross profit is, how to calculate it, and why it matters for your business success. Simple explanations with real examples for entrepreneurs.
