I typically do not blog about politics or government. But like a growing number of people, I am outraged by the huge bonuses AIG will give its derivative traders — basically our tax dollars after getting significant chunks of the bailout monies. They should have just given all the AIG bailout money to small businesses! [...]
Follow @powerhomebizStart Up Capital: Can You Afford to Start Your Business?
Oftentimes, passion and commitment to a business idea is not enough to successfully start a business. You need the resources to see that vision into a thriving business. Alas, a lot of home business entrepreneurs find it hard to raise the capital they need to jumpstart their businesses and realize their entrepreneurial dreams. They just [...]
Follow @powerhomebizQualities Angel Investors are Looking for in a Business
Angel investors are an important source of capital, whether you need startup capital or second stage financing for more established businesses. High net worth individuals, angel investors typically invest in high growth fields. Compared to a venture capitalist, an angel investor generally want less control of your company and a even a slower return on [...]
Follow @powerhomebizHow to Get Financing from Angel Investors
One way to finance your business is to find wealthy individuals who can provide the funding you need. Often called “angel investors” these are private investors who may also be entrepreneurs. Guy Kawasaki writes in his book “The Art of the Start” that raising money from angel investors require s a different approach because their [...]
Follow @powerhomebizProject Your Business Financials Based on Reality
First-time entrepreneurs gearing up for the launch of their company have a tendency to overstate the company’s revenue forecasts. They even believe the sky’s the limit for their new company. However, without cold, hard facts in the form of actual performance, a startup company’s revenue forecasts are nothing more than a work of fiction waiting [...]
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