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As a startup founder, you might be well-versed in the ways that you can raise money for your business. However, raising funds from investors follows a more specialised process. Known as ‘funding rounds’, different rounds of raising capital occur at different stages of a business’s development and they play different roles in growing a startup […]
Getting a business loan as a startup can be challenging. Most Australian startup founders rely on friends and family, equity investors, or maybe even take out risky personal loans to finance the growth of their business. These options are popular, but that doesn’t mean they are risk-free or available to every entrepreneur. Giving up equity […]
Photo credit: Geekwire and QualtricsA recent report quantifies the growing sense of caution amongst startup CEOs, as the fastest central bank fiscal tightening in a generation continues to create economic turbulence. The survey reported more than 88% of the 250 CEOs and startup founders polled were either “extremely worried” or “somewhat worried” about the current fundraising […]
In times of struggle, many businesses are forced to cut costs in all kinds of expensive places just to make it through to the next month. But why should you wait until your business is on deaths door to streamline the company expenses? Outsourcing is an efficient working practice designed to reduce overhead costs. From […]
“Running out of cash” has been listed as the second most common reason for the failure of startups since 2018. It’s so common for startups to get lost in cash flow management, that they end up struggling to make sense of the numbers. But accounting for the cash is crucial for successful funding applications and […]
In 2014, taxi-giant Uber partnered with leading music software, Spotify in order to give passengers the option to play their own music during a ride. Not only was this a brilliant PR move, but the strategic alliance has facilitated growth in the popularity (and profitability) of both companies. Uber has grown its annual revenue by […]
Running a startup is kind of like joining the circus. One day you find yourself putting on a stellar performance, while the next involves you walking on the tight rope, managing the animals and trying to juggle all in one go. One wrong move and the whole tent will come crashing down. It’s pretty common […]
Have you ever heard a customer say, “I would have paid far more for a product like yours“. Turns out one price doesn’t fit all. So how then, do you cater to different tiers of paying customers and facilitate SaaS success? Pricing based on segmentation is your answer. What is scaled pricing? Scaled pricing refers […]
As the second person to join Fundsquire and being at the helm of this company since the start, Scott Spence embodies all things Fundsquire – from its vision and goals to unprecedented growth.Establishing a company from ground up means Scott has worn many hats, the most recent one being the Global Director of Marketing. We […]
As the second person to join Fundsquire and being at the helm of this company since the start, Scott Spence embodies all things Fundsquire – from its vision and goals to unprecedented growth.Establishing a company from ground up means Scott has worn many hats, the most recent one being the Global Director of Marketing. We […]
In 2019, 45% of large businesses requested additional finance in order to expand their Australian companies into international waters. These are companies with annual revenue of over $5 million. This reveals that it doesn’t matter how successful or skilled you might be at your trade, sometimes we all need a little extra support. So the […]
The Recurring Revenue Business model, with its proven ability to continuously grow your customer base without losing current clientele, is here to stay. In theory, it allows your SME to provide your service (or product) continuously through the idea of licensing, so customers pay for repeat access to your software. But before you jump into […]
