Challenges For New Startups

Cash Flow:

One of the most challenging issue for a startup at early stage is financial management. A large majority of startups fails because of low or no cash. A 2004 study says, almost 80 percent of small business or startups failed due to “starting out with too little money” which lead them to business downfall. Every Startup business owner should be optimistic about seeing profits. (more…)

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Working With a Virtual – Startup Team

Virtual team, is a concept that all the team members working on a project have limited or no direct interaction with other members of team, it allows startups or enterprises to have a broad talent pool available globally. In this scenario the teams normally not meet face-to-face, and conduct all project work using online tools for meetings, project/team management and task distribution. (more…)

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