Insights, updates and latest news

How to Recession Proof your Startup in 5 Steps in 2022

No matter what the definition of a recession is, the fact remains that we are seeing an economic downturn in 2022 and you should be taking action to recession-proof your startup. Here are 5 things to do to recession-proof your business.

How Much do Bar Owners Make & What to Consider When Opening One

When opening a bar, there are many things to consider, including how much money you can expect to make. Bar owners make a lot of money, but they also have a lot of expenses. If you are thinking about opening a bar, you should consider all of the costs and revenue streams before making a decision.

5 Reasons To Start A Business In A Recession

When the economy takes a downturn it might seem like the worst time to start a business. You may think trying to just keep your job is best. Although this isn’t a bad strategy, if you have been thinking about starting a business, a recession might actually be a better time than you think to start a business.

Ghost Kitchen Profit Margin & Cloud Business Model Explained

Ghost kitchens are becoming a popular way to make a profit in the restaurant industry. Here's a look at the profit margin and business model for these unique kitchens.

Getting A Business Loan During A Recession [2022]

Our team answers 4 key questions business owners may have about if they should get a loan during a recession and how to get a loan during a recession.

4 Reasons to Start an Airbnb during a Recession

Starting a business during a recession might seem counterintuitive, but many of the most powerful and successful businesses were started in the heart of a recession. Specifically, we think there are some compelling reasons to start an Airbnb business during a recession.

Easy Step by Step Guide to Writing a Hotel Business Plan

Building a business plan for your hotel is a challenging task. We have simplified the process by providing you with a comprehensive but easy to follow guide on how to write one.

How to Manage Your Small Business's Finances

This simple guide outlines 5 concepts that can make a big difference in managing the finances of your small business.

How to use a cap table template to raise funding for your startup?

A cap table or capitalization table is a list of shareholders and their respective holdings in the company. Basically, it is a spreadsheet that provides an overview of the company's capital structure. A cap table is necessary as it provides investors with information regarding the company's financial information and the balance of each partner

15 Financial Projection Assumptions for Restaurants

If you are looking to secure a loan or investment in order to start your own restaurant, the potential lender or investor is likely to ask for financial projections. In order to put together a realistic set of projections, you will need to base your assumptions on industry standards.

How To Open A Spa Business And Attract Your First Customers

Opening your own spa can be a rewarding, lucrative endeavor. But in order to succeed, you need to be knowledgeable about the factors that contribute to success. This guide will show you how to open a spa and attract your first customers.

How To Find And Approach Investors On LinkedIn With Ease

Are you looking to raise capital for your startup or new business venture? It may seem like an impossible task at times, but it's easier than you think with the help of Linkedin.