Startup Funding – A comprehensive guide for Entrepreneurs.

Businessman
April 16, 2020

Preface

I have been often asked about startup funding by entrepreneurs. There seems to be a lot of myths surrounding the subject of startup funding. So let me pen down some of my experience of startup funding.

Pre-Requisites of Funding

Gone are the days where you can get funded based on an idea. In order to secure funding, you must establish the feasibility of your idea through proper planning and implementation. You must have a prototype or a minimum viable product. You should also establish the proof of concept of your business before you can qualify for funding.
Here are some ground rules you must understand before you start looking for funding

  • Not all businesses are fundable
    A business must satisfy a certain set of criteria before it qualifies for funding. A business is only fundable from an investor’s point of view if it has the potential to scale up and give exponential returns.
  • Funding is not an indicator of success
    Regardless of the impression that you might get from the news and media, funding is just a stepping stone. Many businesses around us have grown without any funding. So funding might be a need in some cases, but it’s not an absolute necessity for all.
  • Business should be self-sustainable
    The primary source of your funds should be your paying customers, i.e. your business should generate enough revenue and profits to fund the growth and expansion. Only in the case that this is not possible or there is a specific need for additional funds then only you should look for funding.

Let’s talk about some of the reasons why you should look for funding

  • Scale up your operations
    One of the most prominent reasons for funding is to scale up your operations, for expansion, and to achieve economies of scale. For example: You have already started a business and successfully implemented your idea and the business is running well. Now you may want to scale up your operations or expand your presence. This is the point when you should definitely consider funding.
  • Establish a competitive advantage
    The next reason is to establish a competitive advantage over your competition and quickly acquire a substantial market share. Let’s take an example – In case of an Internet or app business, user traction and market penetration is a must. Getting users organically might take a lot of time and your competitors may take advantage of the situation. So, to get a large number of users inorganically, you would need funding. You must have seen a lot of startups giving out promotions, discounts, and incentives at the early phase of their business. This is primarily to gain market share and a dominant market position.
  • Fund your short term operational expenses
    The third reason is to fund your short term operational expenses or working capital. For example – A small manufacturing firm suddenly receives a large order. To fund the sudden spike in production, funds will be required for additional inventory and wages. Once the order is fulfilled and paid for, the funds can be paid back.
  • Research and development
    In very few specific cases, depending on the nature of the business, the business model might demand a large gestation period or extensive research and development. For these businesses it is imperative to get funding from the start, without which the business cannot be set up. For example – Any custom manufactured IoT device would require software development as well as hardware customization, both of which are expensive and time consuming. It is going to cost a lot of money just to get the initial batch of products to test the market and would definitely require external funding. This kind of funding is only applicable if the product is unique and innovative.

Apart from these reasons and leaving a very few special case exceptions, you would struggle to justify your funding need. Do not get funding because it is cool or it’s fashionable. Ensure that you create a strong foundation of the business before looking for funding. Seeking funds for wrong reasons is clearly a recipe for disaster.

Forms of Funding

Let’s start with the different forms of funding

  • Equity investment
    This is definitely the most popular and most talked about avenue for startup funding. These investments are done in lieu of shares or equity in your startup. The shares given out can either be common stocks or preferred stocks.
  • Debt investment
    This would have a repayment timeline and incur interest rate. Debt investments are primarily in form of long term loans (personal or commercial) and short term loans in the form of invoice debts and working capital loans.
  • Royalty based investment
    This is a very interesting mode of funding. In exchange for funding, you pay the investors a structured royalty, which is a portion of the sales. The royalty may be of a limited timeline, variable rate, or perpetuity based on the investment agreement.
  • Convertible bonds and convertible equity
    These are also another form of funding. Under this mode the stakeholders would have an option to interchange between debt and equity investment based on previously agreed upon terms and timelines.

In reality, investments can either be purely in one of these forms or may be structured as a combination of multiple forms. It is important to understand the funding structure stated in your term sheet and the advantages and disadvantages it may have for your business. For example, in case of royalties and debt investment you will have a regular cash outflow which might be a hindrance to the future growth. In case of equity, you must be prepared to give out a substantial portion of the equity over several phases of funding to the extent that you might not have the controlling share in your own company.

Sources of Funding

  • Bootstrapping
    I always recommend that you start with bootstrapping. Bootstrapping is when you put your own money or borrow from friends and family to set up your business. Bootstrapping inculcates the entrepreneurial discipline and financial responsibility to run a lean business.
  • Crowdfunding
    Crowd funding is also an option where you can raise funds through crowdfunding platforms such as Kickstarter. Unfortunately, Indian regulation only allows crowdfunding for some non-profit businesses.
  • Startup competitions
    Participating and winning startup competitions can also help you to accumulate some funds along with gaining some credentials and as well as getting some media mentions.

These were the options for initial setup.

  • Incubators and Accelerators
    Then we have startup platforms like incubators and accelerators. These usually play a role in the very early stage of your business, primarily pre-revenue. Accelerators and incubators support the startups with a small amount of funding, mentorship, networking opportunities, resources, and workspaces.
  • Government programs
    You should also research government programs such as subsidies, funding, and grants that are available for your business sector and ensure you understand the parameters to qualify for these.
  • Equity investors
    The third source of funding is from equity investors. Under this category you have angel investors, who would invest their own money, and Venture Capital (VC) firms, who manage funds aimed towards specific startup sectors and stages. For matured businesses there are Private Equity (PE) firms.
  • Debt investors
    The fourth source of funding is debt investors, which is usually banks and commercial institutions. The crudest form of debt funding is through credit cards. I have interacted with a lot of founders who actually funded their initial business expenses through credit cards. I would not suggest this unless it’s a dire necessity, because credit cards tend to have extremely high interest rates along with the personal liability to pay back. The second form of debt funding is personal loans. You can get a personal loan without a business plan. Personal loans would also have a personal liability to pay back and interest rates are comparatively higher than commercial loans. Which brings me to the next form, commercial loans. This is the most popular form of debt investment for businesses. Unfortunately, acquiring commercial loans from banks and lending institutions is very difficult for a startup and usually require collateral.

Now let’s have a deeper look into the different stages of equity based funding

  • Inception stage
    The inception stage is primarily focused on building the prototype or minimum viable product and validating the business concept. It is almost impossible to raise funds at this stage unless you have a proven entrepreneurial record of creating a large, successful business. I would suggest that you bootstrap during the inception stage.
  • Seed stage
    Once you have established the feasibility of the business concept and created considerable traction for your business, it is now suitable for the seed stage. At this stage investors would be expecting a return of 15 to 20 times their investment over a period of 5 to 7 years. The seed stage is focused on building the core team, product optimization, and exploring avenues for monetization.
  • Early stage
    Once you have created a footprint in the market the business qualifies for early stage investment. An early stage investor usually looks at a return of 10 to 15 times their initial investment. Early stage funding is primarily focused towards business expansion and increasing customer traction.
  • Growth and expansion stages
    Once the business has established a solid market position, and is at a point of influx, the investment stages that follow are the growth and expansion stages. The core focus of these phases are business expansion and scaling up. For these phases, investors usually expect a return of 5 to 10 times their investment.
  • Bridge or exit stage
    The bridge or exit stage is usually one of very large transactions and for companies with substantial valuation. These phases are focused on inorganic growth, mergers, buy outs, acquisitions, and exit preparation for the business. During this phase investors usually look for a return of 3 to 5 times the capital invested.

Stages of Funding

As you can see the expected return for the investors gets lower as the business grows. This is primarily because the risk is reduced as the business matures. As the business grows bigger it becomes more stable and sustainable. So the earlier you raise funding, the more equity you would need to shell out.

Let’s have a look at the investment ranges for different categories of investors. This chart will give you an indication of the quantum of funds invested by each category of equity investors. Please note these numbers are just an approximation and may vary case to case.

Investment Rages of Startup Funding

________________________________________

Process of Funding

Before we dive into the process of funding, let us identify what investors look for before investing. What are the investment criteria from the investor’s point of view that drives an investment? What do investors look for in a startup?

  • Idea and its potential
    The starting point is definitely the idea and its potential. The idea must be feasible, scalable, unique, innovative, and must have a market opportunity.
  • Business
    The investors also focus on the business, including the credibility and credentials of the core team and their ability to execute the idea. The business model and revenue model along with your positioning, pricing, and cost structures are equally important.
  • Future potential
    Investors not only focus on the present but also the future potential of the business, which can be showcased through a well drafted business plan. This should include the business strategies, usage of funds, value proposition, and exit strategy.
  • Return on investment
    Along with all of these, the most important point that the investors look for is the return on investment. It is important that the investors feel confident of the investment proposition and are confident that they will be able to earn back their investments.

Essential Components of your Pitch

Before approaching investors for funding, you must prepare your pitch. You must spend adequate time and effort researching, creating, and preparing the components of the pitch before approaching the investors.

  • The essential components of your pitch include a comprehensive business plan with projections for 5 years along with investment offering and estimated valuations.
  • Along with the business plan you must have a well-designed investor deck, which is a presentation of around 15 to 25 slides summarizing the business plan. The investor presentation comes in handy when you present in front of possible investors.
  • Your pitch also needs to have a well drafted executive summary, also called teaser summary. This is a 2 paged document summarizing the overall business plan. Teaser documents are usually used to initiate a formal communication with investors.
  • You should also prepare an elevator pitch, which is a 5 minute verbal summary of your business idea and the plan. It is called an elevator pitch because you should be able to pitch to someone during the time it takes to ride an elevator. An elevator pitch comes in very handy to pitch to investors when you meet them in events or conferences.

How to Approach Investors

Once you have the pitch along with its components ready you should start approaching investors. You can meet investors in startup events or competitions. You can also proactively reach out to investors by sending them emails with the teaser document and follow up for a meeting. You can also reach out to investment forums, investment networks, or get referrals from mentors.

The fund seeking process can be time consuming and challenging. You must understand that you will face a lot of rejection, but you will have to be relentless. Ensure that you balance your time between fund seeking and running your business because without a running business there is no question of funding.

Process of Funding

Understanding the investor’s psychology is very important.

  • First is the investability of your business. Entrepreneurs are passionate, as they want to change the world or solve a problem. Don’t expect the investors to be as passionate as you are about your business. An investor’s primary interest in your business is to make money. So, it is important that your business offer a lucrative investment opportunity.
  • Investors usually have a portfolio of startups. So, it is natural for them to fund companies which are complementary to the startups already in their portfolio. This is because the startups can complement each other’s businesses. For example, if I have an e-commerce venture in my portfolio, investing in a logistic startup or a payment gateway startup would make a lot of sense as they can be integrated. Moreover, there is always a possibility of a future merger and consolidation. So do your research into the investor’s portfolio before pitching.
  • Investors tend to invest in hot trends. You will see that whenever an innovative business pops up, a lot of similar businesses come up within a short period of time. This is based on a phenomenon called economic pendulum. So why do investors invest in similar businesses? If a major investor invests in a type of business, the other investors look for their competition to fund, primarily because the market is nascent so who ever executed properly would gain the market share. Moreover, similar businesses of scale with varied market reach are easy targets for acquisition, which ensures an exit for the investor. For example: Uber, Ola, and TaxiforSure, which was acquired by Ola, and Oyo, Fab Hotels, and Treebo. If you know other such examples, mention them in the comments. I would love to know about them.
  • Investors look for a balance, a sweet spot on the competition scale. They avoid businesses which aim to create a completely new category. This business would need to create awareness for the category, educate people, and then create awareness of the product, which makes the job very difficult. They also avoid a highly saturated market, full of competition. The sweet spot lies in between. They look for an untapped market within an existing business category.
  • One of the things the investors hate to hear is the “market share syndrome”. Often entrepreneurs pitch from the viewpoint of market shares. They say “The market is so and so billion and if we manage to get 1% market share we will have a company worth x million.” In reality, things don’t quite work that way. You should always avoid going the market share route. The research you do for the market and its growth is solely to substantiate the business case.

Once you understand the psyche of the investors, you can optimize your pitch accordingly.

Things investors won’t tell you

Now here are some of the things that investors won’t tell you.

  • You must understand that funding is a business transaction between the investors and the startup founders. Just like a startup would need funds from the investors, the investors are also eager to invest in lucrative startups. It is a symbiotic relationship. It has to be a right fit. So, you must ensure that you do your due diligence on the investors, their sources of funds, their management style, and the support system they offer before signing the deal.
  • Do not raise funding beyond what you require. Capital is expensive. Raising higher capital at an early stage means more equity to be diluted to the investors. And also, additional funds often result in unwise spending.
  • Never raise money with an increased valuation. It might be tempting to do so. But, in subsequent rounds of funding inflated valuation will be normalized resulting in a down round. This makes the existing investors extremely unhappy and tarnishes the market reputation of the company. You might have seen that valuations of several unicorns were suddenly slashed down. If you remember, Flipkart was valued at 15 Billion dollars in June 2015 but Morgan Stanley slashed its valuation to 5.37 billion dollars in 2017.
  • When you raise funds, you are literally married to the investor. If in subsequent rounds your existing investors do not re-invest, it gives out an indication that something is wrong. Other investors might think that the existing investors might know something which they don’t, so they are very cautious of investing in such a scenario.
  • It’s not just about the money. You must understand that you as a founder must gel with the investor. Your vision and goals must be aligned. A lot of funded startups fail due to expectation mismatch between the founders and the investors.
  • You must understand the responsibilities that come up with funding, such as Managing investor relations, compliance, and reporting. All of these require additional time and effort. So, it is extremely important that you manage investor expectations and maintain transparent communication with your investors at any point of time.

Hope the article has helped you to get an overview of startup funding.

Did you check out Crazy About Startups? It is made just for you. Get recent updates from the startup world, learn from experts and network with fellow entrepreneurs, investors and mentors. And it’s all for free. You can also connect with me on Crazy About Startups.

AUTHOR BIO
Arnab is an entrepreneur, management consultant, mentor and an early stage investor, deeply involved in the startup ecosystem. Arnab is the CEO & Managing Director at Array Innovative Services Pvt. Ltd. His portfolio of ventures include BPlan Experts, PresentationGFX, CrazyAboutStartups, Vezume, Array Consultancy Services, and Array MediaGraphics & Systems Apart from work he is a music enthusiast, avid traveler, foodie and out & out crazy about startups.

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Major Expenses to Account for When Creating a Furniture Business

Starting a furniture business can be an exciting venture, but it’s important to remember that there are major expenses associated with the process. From warehouse space and machinery to labor costs and more, these expenses must be taken into consideration in order for...

How to Reduce Health Insurance Costs for Employees

As a business owner, you know how important it is to provide your employees with quality health insurance coverage. But you also want to make sure that you’re not overspending on health insurance costs.  Fortunately, there are several ways to reduce health insurance...

How to Avoid Tax Trouble at Your Business

As a business owner, you know how important it is to stay on top of your finances and taxes. But if you don’t have the knowledge or resources to do it yourself, getting help can be the best way to make sure everything is handled properly.  Here’s an overview of some...

The Power of Women-Owned Small Businesses

     Women-owned small businesses are on the rise, and their impact is undeniable. In fact, in 2019 alone, women-owned nearly 12 million businesses that employed nearly 9 million people and generated over $1.9 trillion in revenue. From retail to technology to finance,...

Nyago Michael Emmanuel

We invite many people who can invest in our Akiba Ya umoja community benefit savings and investment group of Uganda to enable us expand our operations in Uganda

How Startups Can Ensure Health and Safety at the Workplace

Everyone, including the owners, management, and staff, is responsible for ensuring workplace safety. All parties must take the proper steps so that no one is harmed while working. If you are looking for ways to keep your workplace safe, here are ten tips to help you out.

How to Put Safety First at Your Business

As a business owner, it is your responsibility to provide a safe environment for both your employees and your customers. When you take the proper steps, you can prevent accidents, injuries, and even lawsuits. You need to make safety a top priority at your business. ...

What You Need to Know Before Hiring a Financial Advisor

As a small business owner or entrepreneur, you’ve likely felt the pressures of finances and budgeting. If you’ve been struggling to manage your company finances, you could benefit from working with a financial advisor.  Here are a few things you should know before...

How Entrepreneurs Can Stave Off Burnout

Have you been feeling more stressed and exhausted than normal lately? Everyone experiences burnout at some point in their career, and this is even more common with entrepreneurs due to the many responsibilities that they have. Here are a few ways to stave off burnout...

How to Demonstrate Your Leadership Skills in the Workplace

Are you looking to become a leader in your field? If so, you need to know how to demonstrate your leadership skills in the workplace. Many people think that leaders are born, not made.  This is simply not true. Anyone can learn the skills necessary to be an effective...

Supplies Your Business Should Donate to Schools

Back-to-school season is upon us, and that means it's time for businesses to start thinking about donating supplies to schools. Donating supplies is a great way to give back to the community, and it can also be a great marketing tool for your business.  Here are a few...

Precious Metals & Investing in Your Financial Future

Investing in different precious metals is a great way to increase your portfolio. While you can invest in silver and gold, you should also consider investing in Palladium, because it is a metal that is used in industrial applications. Gold is the most investable...

Why You Need to Be Specific When Writing a Will

No one likes to think about death, but it is something that we all have to face at some point in our lives. If you have children, it is especially important to make a will so that you can ensure that they are taken care of after you're gone.  These are a few reasons...

How to Decide Which Business Data to Archive

When it comes to business data, it's not a question of if you should archive it, but rather how you should archive it. With so many factors to consider — from the costs of storage to the ease of retrieval — it can be tough to know where to start. In this blog post,...

A Five-Step Guide to Starting a Logistics Company

If you've been considering launching a transportation and logistics company, now is the moment. The transportation and storage sector is very important and profitable. Statistics show that by 2027, the global logistics market would have grown from its 2017 valuation...

Which technology should businesses invest in?

Introduction The top three IT firms this month are Fair Issac Corp., Enphase Energy Inc., and Arrow Electronics Inc. With outstanding third-quarter sales records in a struggling electronics industry, semiconductor distributor Arrow Electronics has become a top bargain...

Strategies and Technology for Female Entrepreneurs

Since entrepreneurship is the foundation of any nation's economy, it is essential to economic development in developed and developing nations. In the last several decades, there has been a significant improvement in the role of women in our society. Women are now...

Role of female entrepreneurs in a changing society

Over the past few decades, there has been a significant increase in female entrepreneurship. More women are choosing to launch their businesses and participate in the world of business creation, one of the rapidly expanding facets of entrepreneurship globally. But in...

13 Best tech business ideas to start this year

Technology companies are concerned with the research and development of technology-based goods as well as their distribution. The products and services that technology companies provide are applicable in a variety of different markets. The following is a list of the...

How to Avoid Regrets When Selling Your Business

For years, you have spent countless hours and allocated immeasurable effort into growing your business, and now the time has come to sell. Even with an offer that exceeds your expectations, you may have trouble letting go. When selling your business, to avoid regrets...

How to Reduce Wasted Time in Your Business

In any business, time is precious. It's something that you can't get back, and it's always in short supply. That's why it's important to use your time wisely in your business.  Here are some strategies that you can use to reduce wasted time and make the most of the...

10 Strategies an Ecommerce Business Needs to Follow to Increase their Customer Base

Online retailers need to drive traffic to their websites to boost sales. It is important to choose the right marketing strategies to drive traffic since not every strategy will work for every business. This article provides an overview of efficient marketing...

Why Digital Menu Boards Are A Game Changer For Restaurants

There are numerous benefits of using digital menu boards in restaurants. The best drive-thru menu boards can be controlled remotely to make updating fast and easy. Convenience is the main focus of drive-thrus. Customers don't need to leave their automobiles to place...

The Best Ways to Scale Your Wealth Building

When it comes to building your wealth, you want to make sure that you are doing everything possible to maximize your returns. There are several different ways that you can do this, but not each path is right for each individual. Consider these three options to grow...

5 Strategies to Build Team Spirit in Your Business

The manner in which we connect and communicate with our staff members can have a considerable influence on their levels of motivation as well as their output. In this article, we explore a variety of psychological and motivational approaches that can inspire teams and...

What to Ask Yourself When Selling Your Business

Eventually, most business owners will reach a point where they decide it’s time to sell. Selling your business allows you to retire or move on to other projects while still keeping the business intact.  If you’re considering selling, there are a few questions you...

What You Need to Know Before Offering Equity Compensation

To attract the best-qualified employees, your benefits package needs to be competitive. When your company is in a start-up or growth stage, equity compensation can be an attractive option.  With equity compensation, your employee can benefit as your company grows....

Features Every Health Insurance Plan Should Have

When creating a health insurance plan for your employees, you want to be as thoughtful as possible. Not everyone is in the same situation and they need health plans that are flexible and customizable.  There are some features you can add to your plan to make sure your...

8 Video Marketing Tips for Startups

Video marketing is one of the most effective ways to reach your audience, especially when you are a startup. It is a cost-effective and compelling way to create content that you can use and repurpose on multiple platforms. Making the most out of your video marketing...

How To Promote Your Startup in 2023: Most Useful Strategies

Every startup hopes to make a splash when it first enters the market and find methods to get its name out there. This is when having a solid marketing plan comes in handy.  If you are a new business or an entrepreneur considering a startup, developing a digital...

7 Essential Tips for Maintaining a High Standard of Health and Safety in Your Organization

Workplace health and safety is a legal obligation that all employers must adhere to. But apart from ensuring compliance and avoiding legal issues, maintaining high health and safety standards can come with a number of benefits for your business as well. With the right...

11 Technology Trends to Improve Your Marketing Strategies

In 2020, many industries were at a standstill due to the Covid-19 pandemic. To help keep businesses afloat and their brands relevant despite these uncertain times, marketers were forced to embrace technology. Since there were lockdowns and safety measures, companies...

How Entrepreneurs Can Feel More Confident in Their Appearance

When you are an entrepreneur, the way you look is a big part of your success, because people will tend to want to help your business if you make a good impression. It can be difficult to like the way you look, but when you put in the effort, you can improve your...

Problems That Can Derail Your Business Event

Are you wondering how to plan a big corporate event without much prior experience? Even if you have experience planning business events, there are a lot of hoops you have to jump through to make sure everything is ready for the big event. Make sure that you’re aware...

How to Be a Better Mentor to Your Employees

As an employer, you have a lot of responsibilities on your plate that you need to take care of. And while you can get through your work by just handling those basic responsibilities, you can make a bigger impression with your business if you focus on creating an...

Why You Should Hold More Meetings With Your Employees

When you want to send a quick, simple message to your employees, email or interoffice messaging work great. But more often than you think, the better mode of communication is a staff meeting. In some situations, nothing can take the place of face-to-face discussions....

How Your Business Can Make an Impact on Local Youth

As a business owner, you are in a unique position to make a positive impact on your local community. One great way to do this is by supporting youth programs and initiatives. There are many ways your business can get involved, and the benefits are numerous. Here are a...

How to Start Planning Your Annual Company Event

Having a company event is important for many reasons. It can help strengthen your company culture, promote interaction between teams, help employees be more creative, and it helps increase company morale. To start planning your annual company event you need to notify...

Areas of Your Business You Need to Invest in More

Are you happy with the way your business is performing? If not, it may be time to invest in some new areas. Many business owners make the mistake of thinking that they need to focus on one area of their business and neglect all others. This is not a wise decision. To...

5 Key Benefits Of Having An App For Your Online Business In 2023 

Introduction    Do you want to grow your business in 2023? Do you have your business app with you to promote your brand? If not, you must take the right steps to build your branding process and brand recognition. Your branding is incomplete if your business cannot...

Best Facebook Guide For Small Businesses In 2023

Introduction Are you running a small business or thinking of starting a small business? Congratulations for your new journey. When you are starting a small business, you should collage your business with social media. Without Facebook, social media marketing is...

How to Turn Your Office into a Positive Environment

Your office is your unique space, whether you work from home or in an office building. Your surroundings can affect your mood, creativity, and productivity. The look of your office can also send a message about your brand and business culture to your clients and...

Answer the Following Questions Before Importing Items from Overseas

Importing goods from overseas for your business can be a good idea because you have access to high-quality items, something you might not get locally. However, importing is more challenging than you might think. You will need to look at various things before ordering...

Economic Factors That Are Affecting Businesses Right Now

With a worldwide pandemic and a war in Ukraine, the current state of our economy is on everyone’s mind right now. Oil and gas prices are soaring, and inflation continues to rise. Furthermore, the labor market is abnormally tight. But what do these economic factors...
Remember These Expert Tips to Prepare Your Estate

Remember These Expert Tips to Prepare Your Estate

Keep in mind that making estate plans can go a long way towards helping you safeguard your hard-earned money or even a business that you may have. This includes the investment that you’ve spent on ensuring that your home is comfortable and valuable. One of these is safeguarding your home from the likelihood of having flood problems. This is an important detail, especially given the fact that more than 14.6 million homes across America are at a high risk of some kind of flooding problem, according to iProperty Management.

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Recent Posts

Remember These Expert Tips to Prepare Your Estate

Remember These Expert Tips to Prepare Your Estate

Keep in mind that making estate plans can go a long way towards helping you safeguard your hard-earned money or even a business that you may have. This includes the investment that you’ve spent on ensuring that your home is comfortable and valuable. One of these is safeguarding your home from the likelihood of having flood problems. This is an important detail, especially given the fact that more than 14.6 million homes across America are at a high risk of some kind of flooding problem, according to iProperty Management.

How Entrepreneurs Can Work Through Periods of Stress

How Entrepreneurs Can Work Through Periods of Stress

Entrepreneurship can be an exhilarating journey, but it often comes with its fair share of stress and challenges. The pressure of running a business can sometimes feel overwhelming, and finding effective ways to navigate through periods of stress is crucial for...

Why Entrepreneurs Get Health Goals Wrong

Why Entrepreneurs Get Health Goals Wrong

The life of an entrepreneur is often glamorized, but behind the success stories and Instagrammable moments, there's a grueling reality that can have significant impacts on one's health. Business leaders face unique challenges in balancing work and well-being. We delve...