SPACs have had a fantastic run in the last year through the end of Q1 2021, rising from a total IPO count of 59 in 2019 to 248 in 2020 and a whopping 311 in just the first quarter of 2021. The number of SPAC IPOs in the first quarter of this year exceeded the total of all of 2020. However, the number of new IPOs fell off…
Buying your first rental property is both exciting (in a good way) and somewhat daunting. Many people want to get involved in real estate investing but don’t know where to start. Oftentimes potential investors are scared away by the responsibilities they know come with property management. However, there are a number of solutions available if you’ve been thinking about dipping your toe into real estate. For example, you…
eCommerce budgeting is always tricky, but especially so for newer owners and startups. As an entrepreneur, you’ve got a million things to balance and your available money only goes so far. The five tips directly below can guide your thinking as you move forward. You’ll want to avoid common spending traps, maximize your ability to reach people, answer questions, and have enough capital to invest in reliable products…
Many entrepreneurs would rather focus on new ideas and innovations than spend much time thinking about how to protect company finances. Dreaming up new products and services tends to be more fun and exciting than reviewing invoices, legal documents, and security protocols. However, if you’re serious about maintaining a solid platform for your current and future projects, consistent and adequate attention must be paid. It’s imperative you go…
Many small businesses fail because they don't follow good financial tips. When all is said and done, some businesses run out of capital.…
Make no mistake: People are spending money. Make sure you’re doing all you can to funnel it your way.…
Track your investment growth, diversify, and plan carefully for your next opportunities. With the right investment mindset, you can keep building on your success.…
The impact of the COVID-19 pandemic on small business is huge and mostly negative. Lockdowns sped up the development of some industries and trends, such as e-commerce and remote work, but the majority of businesses were deeply affected by their inability to function because of the restrictions. According to McKinsey research, the economic situation globally is perceived as worse than it was six months ago with 33% of…
Funding a business is hard. You need to be creative about how you approach your finances, a skill that will serve you well in business.…
Have you thought about starting your own passion project but feel like it isn’t possible because of limited resources? Maybe it’s time you look into crowdfunding and how it can turn your project into reality by having the support of like-minded people. A successful crowdfunding campaign is all about community and how well you communicate your story to get people behind your cause. Through crowdfunding, I was able…