One of the things that most people have trouble doing is developing an appropriate business model for their new enterprise. This is usually do to the fact that most people do not know how to properly estimate the revenues and profits that can be generated from a business venture in any specific market. Continue reading
Category Archives: Start-ups
Things to Think About When Starting a New Business
Starting a new business can be a daunting task given the fact that you are going to be taking a leap of faith from having a full time job with benefits to a job where you are going to be responsible for producing all of the income for the business. Continue reading
Digital Rights Management for EBooks
Question from Ben from Texas: What is Digital Rights Management and how does it work for eBooks? I am going to publish an E-Book next month and its going to be a pdf file, and I don’t know whether anything can be done to prevent unauthorized distribution of pdf files on the Internet. Please let me know your suggestions. Thanks.
Answer: Digital Rights Management (DRM) is a technology used to place limitations like, access to or copying of, onto digital content (eBooks, music, etc.). You as the publisher or author of the ebook can determines the level of restrictions applied to an eBook. This includes how many times an eBook can be downloaded for a single purchase, and the number of devices (computers, eBook readers, etc.) to which the eBook can be transferred. Continue reading
Accounts Receivable Factoring Vs Angel Investors
If your business carries a substantial amount of accounts receivables then it may be in your best interest to use a factoring firm rather than seeking the assistance of an angel investor. Continue reading
Business Plans for Getting a Business Loan
Unlike a business plan that is specific for an investor, a document specific for a lending institution will be somewhat different. This is due to the fact that you are going to need to focus much more heavily on your credit, the tangible assets to be purchased with loan funds, and how the business will be able to repay its obligations over a specific period of time. Continue reading