Subscribe for the best articles

5 Inspiring Lessons from Businesses That Started as Pet Projects

Posted by Victoria Greene to Business Advice, Startup Tips

Some entrepreneurs were put on this earth to start, run, and grow businesses. And then there are business owners who started as enthusiasts and turned their real-life passions into their livelihood.


Whether your passions include playing video games, crafting, designing clothes and accessories, or helping your community, that emotional investment can be all you need as a foundation for a lucrative business. If you want to power your business to loftier heights, take note of these seven inspiring business ideas that started off as pet projects.

 

Is Your Business Partner Hurting Your Chances of Getting a Loan?

Posted by David Waring to Loans

Even if you have a promising app, a genius invention, or a breakthrough solution, you won’t get very far without sufficient funds. The need for money may make you frantic, but if you have your ducks in a row, you have a good chance at  being able to borrow the money you need to get started from banks or business lenders.

Q&A with Ross Blankenship, Expert VC

Posted by Emily Goetz to Business Advice

On Tuesday, September 5, I had the pleasure of interviewing Ross Blankenship in a Q&A-style webinar to talk about what he looks for in startup investment opportunities. We received a lot of great questions during the event, a few of which we ran out of time to address live. Here are Ross’s responses to those remaining questions:

7 Signs It's Time to Hire Employee #1

Posted by Meredith Wood to Business Advice, Business, Startup Tips

 

They say “the more, the merrier,” and in most cases it is undeniably true. But for a tight-knit team of founders, widening the circle to bring in your first employee is a big—sometimes daunting—milestone. As such, getting the timing right is absolutely vital.


Going from entrepreneurs to employers, your team may be wondering if a new worker will lift your business to new heights or sink your prospects. So, when should you hire employee number one?

Meet Ross Blankenship, Managing Partner & CEO at Angel Kings

Posted by Melissa Hollis to Funding, Webinars

Ross D. Blankenship is an expert venture capitalist, 6x best-selling author on investing, and angel investor in America's top startups. As an entrepreneur, Ross founded several successful companies in industries such as biotechnology, cybersecurity, and online e-commerce.

What the SBA Needs to Know About Your Personal Finances

Posted by Ian Atkins to Business Advice, Loans

For some, a great idea for a business comes a lot easier than the capital needed to get started. This has led to one of the most important ways the Small Business Administration (SBA) supports business owners. Through their loan guarantee program, the SBA helps ensure entrepreneurs have access to capital regardless of their financial background.

What to do if You Commingle Personal and Business Funds

Posted by Maddy Yeazel to Taxes, Accounting, Payroll, Business

One of the most common problems we see from startup founders that are first moving off from DIY accounting is a wide range of “personal transactions” being made with the business accounts. This is known as “commingling your books” and is a huge no-no as well as one of the most common ways businesses find themselves on the barrel end of an IRS or state audit.

Startup Spotlight on Gadget Flow, the Best Way to Discover—and Share—Better Products

Posted by Melissa Hollis to Customer Spotlight, Startup Tips

As the saying goes, “do what you love, and you’ll never work a day in your life.” While usually easier said than done, Evan Varsamis and his lifelong friends, Cassie and Michael, found a way to follow this advice when they started Gadget Flow.

Do All Businesses Need to File a Federal Tax Return?

Posted by Elise Fajen to Taxes

They say “in this world, nothing is certain but death and taxes.” Well, we’re not sure if we hate or love to break it to you, but it turns out the latter is not as certain as the former, at least when it comes to business taxes.


If you’re just getting started as a business, filing taxes may not be the first thing that comes to mind. Some businesses can get away with this (for the first year or so) and others cannot—and things can get expensive if you fail to meet your tax obligations from the start. Follow along to see if your new business comes with a side of immediate tax filing responsibilities.

A Beginner’s Guide to Small Business Tax Deductions

Posted by Melissa Hollis to inDinero Academy, Taxes, Business, Guides

Whether on an individual level or as a business owner, every living, breathing citizen or resident of the United States of America has some familiarity with federal and state taxes. The mission of the Internal Revenue Service is to "provide America's taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the tax law with integrity and fairness to all." This is why we must file taxes annually on our income each year.

Success starts when you take charge of your finances.

Talk to an Expert

Subscribe:
inDinero Weekly Digest