Xcelerate Financial Blog

Sales Growth: 5 Proven Strategies to Increase Startup Revenue

Posted by Evan Tarver on Sep 11, 2017 5:17:03 PM

Sales growth is a business metric that measures the rate at which your revenue is increasing or decreasing. While some dismiss revenue is a "vanity metric," sales growth remains a good indicator of a company's financial health. This is because sales growth is an important component of projections, budgeting, strategic decision-making, and overall viability.

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Topics: revenue, sales

Client Spotlight: Mark Billik of BeCore Experiential Marketing

Posted by Evan Tarver on Sep 6, 2017 3:15:50 PM

BeCore experiential marketing is a marketing agency that specializes in creating, strategizing, planning, and executing compelling brand experiences. With a client roster that has such names as RedBull, Farmers Insurance, Nike Soccer, YouTube, and more, you'd think that BeCore has had a straight line to the top. Once you talk to CEO and founder Mark Billik, however, you realize that even successful companies have humble beginnings.

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Learn How to Maximize Key Startup Revenue Streams

Posted by Evan Tarver on Sep 6, 2017 2:45:35 PM

Cash flow is the lifeblood of any company. Without a steady influx of working capital from sales, startup businesses have to rely on investment capital or some form of debt financing. This means that startups often give away large chunks of their comapanies and/or increase their chances of financial insolvency. However, if startups were able to increase their number of revenue streams, they might be able to self-fund more of their working capital needs, keeping more control and reducing the threat of insolvency.

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Topics: revenue

AI Takeover: How Artificial Intelligence Can Change Your Business

Posted by Evan Tarver on Aug 25, 2017 8:59:11 AM

The "AI takeover" refers to the recent explosion of domain-specific artificial intelligence (AI) applications that help make businesses more efficient. Rather than investing in expensive overhead, startup founders now turn to AI alternatives that use new technologies to streamline new and existing processes.

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Topics: artificial intelligence

6 Small Business Finance Mistakes that Entrepreneurs Make

Posted by Evan Tarver on Aug 7, 2017 3:38:12 PM

U.S. Bank recently found that as many as 82% of all startups fail due to poor cash flow management. And seeing as the going rate is that 90% of all startups fail, it's not shocking to see that a lack of working capital is more often than not a death blow for early-stage companies.

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Client Spotlight: Ryan Hudson of Honey, Inc.

Posted by Evan Tarver on Aug 4, 2017 1:32:21 PM
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Posted by Evan Tarver on Jul 31, 2017 3:56:04 PM

CREXi might sound like something out of this world, but in fact, it's the exact opposite. "CREXi" stands for Commercial Real Estate Exchange, Inc., and it's actually a budding platform that lets online users search for commercial properties, keep track of acquisitions, and keep all of their documents and due diligence in the same place.

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The Best Startup Financing Options for Your Small Business

Posted by Evan Tarver on Jul 31, 2017 3:04:56 PM

One of the largest challenges that startups face is finding capital to finance their business. It's common for startup companies to face a rapidly declining financial runway and a rapidly growing laundry list of working capital needs.

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SAFE Note: Understand the SAFE Investment Vehicle for Startups

Posted by Evan Tarver on Jul 24, 2017 3:47:30 PM

A “SAFE note” is a startup investment vehicle that represents a simple agreement for future equity. SAFE are intended to replace convertible notes and are used by early-stage companies when opening a friends-and-family round or angel investment round. SAFE investment vehicles are designed to be simple and clear and they help founders focus on growing their companies.

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Topics: investing, equity

Harassment in the Workplace: Dealing with a Hostile Work Environment

Posted by Evan Tarver on Jul 10, 2017 5:17:40 PM

I wish that there was no need to write this article. If I had it my way, there’d be no harassment anywhere, let alone the workplace. Unfortunately, that’s a reality seemingly more uncommon than the mythical billion-dollar startup unicorns that are often the culprits of this harassment in the workplace.

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Topics: Human Resources

Xcelerate Your Business

Our mission is to help startups and mature companies thrive through insight and actionable steps, which in turn Xcelerate a business's performance.

Xcelerate Financial offers companies a full spectrum of accounting and financial outsourcing services which help increase productivity and profitability.

We currently serve clients from many industries, including internet start-ups, established traditional companies, and software/technology companies. 

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