Small Business

Developing a Strong Environment for Entrepreneurial Risk

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I’ve worked closely with many startup companies for over 25 years and have observed what factors create a successful climate for startups to succeed.  The creation of a strong environment for startups requires four major components: infrastructure, outstanding educational institutions, the ability to attract a talented and diverse workforce, and access to capital.

 

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Latest Posts in Small Business

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Studies show that roughly 20% of new small businesses fail within their first year and a major factor in their failure is a lack of funding. It’s no secret that all businesses require money to operate and achieve their goals. But did you know you can acquire funding in non-traditional ways? 


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In the coming year, we expect many new small businesses to come out of the gate. And we will be here, cheering them on. We are committed to telling the stories of small businesses who are pressing on in the face of great adversity.


Hidden costs of grants, loans, and other funding

Getting approved for a grant or a loan is an exciting opportunity for your business. But before you accept the offer, it’s important to be mindful of some of the hidden costs that may hide beneath the surface. 


New Trends Among Seattle Startups

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Startup Metrics: What you need to grow your company

As a startup or early stage business, tracking metrics brings direction and strategy to your company. It also encourages a change in performance when evaluating those metrics and the goal is always to improve those metrics. Without measuring your metrics, you’re unable to improve.