When you rely on a vendor to provide your business with a product or service, you develop a relationship. A contract between your vendor and your business establishes and defines that relationship. But when a vendor doesn’t follow through with that contract, they...
Mistakes that could result in a failed business
There is no guarantee that a company formed in California or any other state will succeed. However, there are steps that a business owner can take to improve his or her chances of creating a successful company. For example, a company should have a financial plan, a...Sources of new business financing
One of the biggest challenges faced by California entrepreneurs is securing the capital they need to fund a new business venture. Traditional banks adhere to strict underwriting standards and will generally want to see an established track record before they lend...What to know about LLCs
Businesses that are formed in California are likely able to structure themselves as a limited liability company, or LLC. This may be possible whether the company has a single member or multiple members. Members can include individuals, other LLCs and corporations in...Creating a successful startup company in California
Even when a great idea is at the heart of a business concept, success isn’t likely to come overnight in California. Plus, there is no guarantee any business will succeed. That being said, there are some steps that startup owners may be able to take to increase...Pitfalls of financing new businesses with personal credit cards
Building a good credit rating for a new business often challenges entrepreneurs in California. Lenders are reluctant to finance new businesses, and an entrepreneur might feel the need to tap into personal credit to launch a venture or keep it going in the early years....What to know about starting a new company
Many people in California and throughout the country have thought about the possibility of leaving their jobs in favor of starting their own companies. However, it is important to have a plan prior to making the transition from employee to employer. The first step in...Clearbanc uses data to fund e-commerce startups
Entrepreneurs in California may be interested in the new financing company Clearbanc, which has designed a fast alternative to venture capital funding. Clearbanc provides between $10,000 and $10 million to qualifying applicants to fund online marketing efforts. The...Experts fear venture capital bubble
Venture capital firms in California and around the world invested $160 billion in startup companies in 2008. That figure is almost triple what it was just a decade ago, and many observers are worried that an unsustainable investment bubble is forming. The amount of...Funding a startup in California
Many aspiring entrepreneurs in California have great ideas that they believe will change the future. However, these ambitious individuals often fall short with issues regarding funding and finding capital to launch their businesses. There are three main ways that...
