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.
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.
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.
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.
Topics: artificial intelligence
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.
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.
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.
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.
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.
Topics: Human Resources