The Entrepreneur Center

  There are 150 million startups in existence now, and 50 million new ones are created annually. On average - 137,000 companies are started each day. They are significant numbers, by any standard. However, the question remains: How many firms actually survive the fierce winds of change that have drastically changed today's startups? Undoubtedly, there has been a major paradigm shift. And that modification has made it more difficult for startups as a whole to operate. These challenges can be broken down into: Increased levels of competition Unrealistic expectations Choosing competent applicants Co-founders jointly making decisions Cash-Flow Management If it's a tech company, take cyber security into account. Gaining the trust of customers Everywhere there are issues. Startups in particular, as well as businesses in general, are not immune to the many challenges we currently face. While dealing with these challenges, there are strategies that might help businesses with their fu

  Introduction When you're starting, it's easy to get caught up in the excitement of your new business and lose sight of what it takes to grow a small business. But if you're planning on growing your business into something big and sustainable, then read on! Here are eight steps that will help you create a winning strategy for growing your small business: 1. Create a winning business plan A business plan is a roadmap for your company’s future growth and success. It should detail how you will achieve your goals, what resources you will need to make it happen, and why those resources are necessary. A good foundation for this document is having all relevant information in one place—like an excel spreadsheet with data from previous years (or even decades) carefully organized so that it’s easy to reference when making decisions about how much money you should invest or whether or not an idea is worth pursuing further (for example). The most important thing: Make sure everyon