Small Business

What is an IPO? Guide for SMB Owners

[ad_1] As previously mentioned, IPOs are a lengthy process, typically taking between 12 and 18 months.  During this time, there are eight steps a business goes through before an IPO.  Let’s look at each of these steps in greater detail!  Step 1: Proposals The first step is preparing proposals.  At this stage, underwriters present proposals and valuations that list the following…

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What is Lead Scoring? Using Data for Your SMB Leads

[ad_1] There are numerous lead scoring models your company can utilize.  It’s critical to collect customer data from demographic information to how your customer base interacts with email marketing content.  Do you have to use all of the lead scoring models I present? No, some may not fit with your business or industry.  Still, using some type of system to score…

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MQL Vs. SQL Explained for SMB Owners

[ad_1] Is your business struggling to find its target audience and cater to these individuals effectively? Or perhaps you’re struggling to convert leads to paying customers.  Either way, these problems are common for small businesses because they don’t have a way to categorize their leads!  Hi, my name is AJ! After selling my company for multiple seven figures, I made it…

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What is Liquidation? SMB Liquidation Explained

[ad_1] How do you liquidate a business?  While it may seem challenging, liquidation is easier following this four-step process.  Step 1: Talk to Your Legal/Accounting Team Before doing anything related to liquidating your business, you must first speak to your company’s lawyer and accountant.  Also, you must inform your creditors that you will be liquidating your company.  Talking…

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What is an Acqui-Hire? Small Business Guide

[ad_1] Here is what typically happens during an acquihire. Keep in mind that these steps aren’t universal for businesses. Still, this step-by-step guide will give you a general idea of how the process works. Step 1: Get Approval from the Board The company that wants to acquire another firm must get approval from the board…

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Asset Sale Vs. Stock Sale: Guide for Small Business Owners

[ad_1] Whether you structure a sale as an asset sale vs. a stock sale depends on taxes.  Typically, a stock sale is more beneficial for sellers.  However, an asset sale is more beneficial for buyers.  When comparing an asset sale vs. a stock sale, it is critical to remember that there are endless variations of how both parties can create…

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How Much Does it Cost to Start an Online Business in 2023

[ad_1] Although starting an online store is cheaper, there are still costs associated with the process! How much does it cost to start an online business? Here are some expenses you must consider before launching your brand! Business Licensing One expense you must account for when you start a new business (whether online or physical)…

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How to Get More Email Subscribers in 2023

[ad_1] Here’s my step-by-step playbook for growing a massive (and engaged) subscriber list. Step 1: Have Engaging (Good) Content To attract and retain a captive audience, your newsletter must deliver value. Ensure your content is informative, interesting, helpful, and relevant to your target audience. This should be steps 1, 2, and 3. But we’re not…

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How Much Does It Cost to Start a Business in 2023?

[ad_1] Below, I’ve created a list of standard business startup costs you must know about! If you run your own business and don’t know what to expect, this list is what you need. Business Incorporation Costs Part of your startup funding must go toward incorporation fees. The expenses ensure you’re legally allowed to own and…

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