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Tag: small business

The Local Business Report: Gyms Are Doing Extra Reps

by Kasen Wysong on December 9, 2020.

2020 has been a tough year for most businesses. We’re beginning a Local Business Report series through which we will highlight different industries and the impact the last 12 months have had on them. The first industry in our series is fitness; in particular, we wanted to shine a light on gyms.

The SMB’s Survival Guide For The End Of The World

by Malcolm McDonald on November 11, 2020.

70% of small businesses are worried about financial hardship because of prolonged closures and 58% worry about permanently closing. Raising capital is the #1 problem for SMBs, according to a survey by Guidant Financial. Since raising capital is kinda our thing, we’ll start our survival guide there.

How Community Involvement Changes Your Life

by Kasen Wysong on October 13, 2020.

Have you ever seen a group of young men singing Disney songs while swinging a sledgehammer at a cement parking lot? It’s quite a paradoxical spectacle. During college, I spent a blazing hot summer in Israel helping renovate a community building. Our first mission was to break up a parking lot, but the catch was that we only had one sledgehammer.

The Move to Microinvesting

by Joshua Rollins on October 7, 2020.

Apps like Acorns have brought the phrase “micro investing” on the scene with their approach of rounding up to the next dollar whenever you spend money to invest in exchange-traded funds (ETFs). So your $3.78 latte would trigger $0.22 moving from your checking account to your Acorns account. While this function fits the connotation of...

Top 3 Ways to Promote your Crowdfunding campaign

by Malcolm McDonald on October 6, 2020.

So you did it! You launched an investment crowdfunding campaign and you’re going all-in on a local legion of microinvestors and brand ambassadors. Now what?  As wild and new as it might feel to pull in capital from your fans, customers, and community, promoting your crowdfunding campaign isn’t all the different than promoting your business....

How Small Business Raise Campaigns Work

by Kasen Wysong on September 29, 2020.

Growing up, I always enjoyed reading Calvin and Hobbes, a comic series by Bill Watterson. There were comic strips where Calvin would ask his dad questions like how ATMs work or what causes wind. In typical “Dad” fashion, Calvin’s father responded with explanations like there’s a little guy inside the ATM who hands out the...

How to raise money for your non-sexy business

by Malcolm McDonald on September 23, 2020.

Asking someone for money is rarely fun and almost never easy. But if you’re trying to grow your business then you’ll almost always reach a point where you need to bring in capital from outside investors. Turns out, going and getting money from strangers isn’t so different from asking your parents for cash.  So here...