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Key Strategies for Aspiring Entrepreneurs Considering Franchise Ownership

Strategy Driven

Essential questions about the industry must be tackled, with answers often relying on the expertise of professionals or dedicated research into the chosen field. Budgeting wisely, preparing for unexpected expenses, and familiarizing oneself with various financing routes are elemental strategies for financial preparedness.

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Government Funding Can Elevate Your Business: But Know What You’re Getting Into

Strategy Driven

Venture capitalists, self-funding, crowd-funding, and loans can all be a good fit at times, but in some industries, government grants are the easiest, fastest way to grow. Plan ahead, and have an exit strategy if you don’t receive grant money in the future. There are as many different funding stories as there are businesses.

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How to Get Started Flipping Houses: 10 Pieces of Expert Advice

Strategy Driven

But if you’re new to the industry, you might now know how to go about it. Experienced agents are a wealth of industry knowledge you can’t afford to miss out on. When financing your flipping project, you need to ask yourself these 3 questions: Am I buying at the correct price? Plan a Set of Different Exit Strategies.

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Just for Entrepreneurs: How to Choose the Right Financial Adviser

Strategy Driven

While most entrepreneurs know their industries well, many are not experts when it comes to money. Was it just to have an exit strategy sale? The financial services industry is on the cusp of a similar shift. Ideally, with the right people, one firm could serve both roles. Entrepreneurs need more.

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I Want to Start My Own Business But How?

Strategy Driven

With enough success, you may one day even help shape the industry you are in. Plan Your Finances. Despite the fact that you’re yet to start your company, this is a good time to think about your exit strategy. Becoming an entrepreneur is a great wait to gain financial independence and express your creative side.

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Why Tech Entrepreneurs in Developing Countries Struggle to Raise Funds

Harvard Business Review

But there was one problem: my business plan had no exit strategy. They all asked exit strategy questions and my answer, naively, was that we would grow revenue and share profits! But for entrepreneurs in developing nations, especially Africa, the exit strategy can be a challenge. It's something that U.S.