Angel investors are people who have a large amount of capital which they are willing to invest in entrepreneurial ventures. They are a good alternative for entrepreneurs who may not have a family or friend who can help fund their small business, but aren't ready to approach a venture capitalist. Sometimes, angel investors work together in angel groups or networks. … [Read more...] about What are angel investors?
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Tips for making a pitch to an angel investor
Have a business idea but no capital to fund it? Angel investors may be the answer to your prayer. Angel investors are individuals (or sometimes, a network of individuals) who can infuse money into your business. Here are some ways to make an effective pitch to them. … [Read more...] about Tips for making a pitch to an angel investor
Social networking tips for small business owners
Small entrepreneurs are lucky: social networking sites can let them communicate with huge audiences for absolutely no cost except their own time. But once you open Facebook or Twitter, how do you get people to follow you? Here are some tips. … [Read more...] about Social networking tips for small business owners
Cheap and creative ways for small business owners to motivate employees
Happy employees are productive employees. But how can we reward and motivate our staff when we don't have a big budget? Small business owners, take heart—here are some creative ways to build your people's loyalty, enthusiasm, and passion for excellence. … [Read more...] about Cheap and creative ways for small business owners to motivate employees
Should you reinvent your business model?
It's a big risk to reinvent your business, especially after years of building a brand. However, a few adjustments to the business model can help create new markets or revive interest in your product. How to do this without totally throwing your business into a tailspin? Here are some tips. … [Read more...] about Should you reinvent your business model?