Many startup businesses look to fractional CFOs for assistance with their finances. Now there are lots of reasons why startup business owners might want the help of a fractional CFO, but one of the main reasons is that startup employees are often busy! They usually “wear many hats” and juggle lots of responsibilities. If you’re […] Read more “Fractional CFO Services: What You Need to Know”
Tag: Start-up
Sticking to a budget can be one of the most crucial elements of success in any business, organization, or project. But it’s equally important to be open to revising your budget at the mid-year point. Knowing how and when to revisit your budget is a skill many business owners and managers overlook. As a result, […] Read more “How to Revisit Your Budget Mid-Year”
Do you really need an Outsourced CFO to scale your startup? The answer is yes. You put everything into this venture. You’ve figured a lot out along the way, and all that hard work paid off. Now it’s time to scale, and scaling’s complicated. You have a lot to lose but — if you do […] Read more “How Outsourced CFOs Set Founders Up to Scale”
Venture Debt Pros & Cons to Help Weigh Your Funding Options If you’re an entrepreneur, you know about venture capital and how it can play a vital role in funding your early-stage company if it has the requisite maturity. Fewer folks are familiar with the concept of “venture debt.” While it may not be as […] Read more “3 Reasons You Should Consider Venture Debt for Your Start-Up’s Funding Needs”
Your company’s journey from start-up to a mature, robust, and growing enterprise is like a long road trip. Before you step on the gas, you identify your destination, map out the best way to get there, calculate how long it should take you, and prepare for any roadblocks or mishaps which may slow you down […] Read more “Everything is OKR: How Start-Ups Can Use Objectives and Key Results to Keep on the Right Track”
The Rolling Stones famously told people to get off of their cloud. The City of Chicago, on the other hand, is perfectly happy for your business to be on the cloud. But you’ll need to pay taxes to the city for the privilege of doing so. Chicago’s so-called “cloud tax” set off howls of opposition […] Read more “The Chicago “Cloud Tax”: What Startups Need to Know”
Remember the good ol’ days, like 2016, when the focus on alternative funding for start-ups was on the revolutionary avenues of crowdfunding and peer-to-peer lending? Well, 2017 saw the rise of yet another way early-stage companies can get the capital they need to grow and thrive. The Initial Coin Offering (ICO), through which companies use […] Read more “3 Questions About Start-Up Funding Through Initial Coin Offerings (ICOs)”
As a small business or startup, you have the challenge of spending as little as possible to bring in (ideally) exponentially more – not a simple feat given that your time and energy is by definition split in multiple directions. Thus, the age-old debate: How should you fund your vision? Do you bootstrap, funding everything […] Read more “5 Reasons You Should Bootstrap Your Business Instead of Raising Capital Meta: As a startup, you have the challenge of spending as little as possible to scale your business. How should you fund your vision—bootstrap, or raising capital?”
As a mom, let’s be real: you already have at least one full-time job! But given many factors—including the affordability of new online marketing technologies, job instability, desire for flexibility, and general passion—you may have considered starting a business of your own. The kind of business that pays in cash. There’s never been a better […] Read more “Attention Mompreneurs: The Advantages and Challenges to Starting a Business”
Our firm are film enthusiasts, so what better way to start our 2015 blog post by discussing the 87th Academy Awards that are being held next month. There were a lot of great films in 2014 including some amazing performances – some that did and did not receive Oscar nominations. Best individual performance – Eddie […] Read more “Boyhood – A innovative approach to the film industry”
You have probably heard the term “pivot” in connection with start-ups and new businesses. What does a “pivot” mean? Basically, if your first business model is not working, then your company makes some changes and tries plan B. As Inc. magazine notes, “businesses can grow beyond their initial dreams by re-imaging their assets and talents, […] Read more “Small Town Pivots its Annual Event”
Welcome you entrepreneurs and small businesses to Pasquesi Partners LLC! Its great to see and feel all the energy surrounding Chicago’s start-up environment over the past five years. Since the launch of www.1871.com (as well as other tech incubators), we’ve seen many successful companies start as a two person entity and grow into mature organizations generating […] Read more “Hello & A Young Entrepreneur in Bali”