April 25, 2016

Opportunity Cost – What It Is, and Why It’s Important?

Opportunity cost is a term that you will hear fairly frequently when you start thinking about starting and funding a business, but what does it really mean? Simply put, opportunity cost is the cost of giving something up, in favour of starting your business. For the average new entrepreneur, who has been employed, they’re gambling financial security, in the form of a job with a fixed salary, in favour of something that is not a sure thing. For a financier, […]
April 3, 2016

Tips for Young Entrepreneurs

There have been plenty of successful companies started by very young entrepreneurs – think Facebook, Google, Microsoft and several others – but there are some significant challenges that face a young entrepreneur and his or her team. Lack of Experience One of the biggest hurdles for young entrepreneurs – particularly if they want to obtain financing for their business – is that they usually lack experience in business. It’s the same as finding a job really – you can’t find […]
March 14, 2016

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March 14, 2016