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.
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…]
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…]
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…]