Entrepreneur

Can Your Company Raise Money? Ask These Questions First.

To grow, you've got to spend. But where does the money come from?
Source: Sakonboon Sansri | EyeEm | Getty Images
Sakonboon Sansri | EyeEm | Getty Images

So you think you’re ready to scale. The foundations of your business are solid, revenues are up and word is getting around. Now it’s time to grow your team, increase your marketing and maybe even move to a bigger space. Right?

Not necessarily. Scaling isn’t just about increasing revenues -- but increasing revenues while keeping will boost revenue; they buy too much . And they run out of money.

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur3 min read
You’re Never Out of Options
YOU’VE HIT a wall. Maybe it’s an idea that won’t work. A pursuit you were rejected from. An effort that failed. Now you feel stuck and frustrated. I’ve felt it too—but I learned four simple words that help me move past it. I think they can help you t
Entrepreneur3 min read
What’s the Real Damage?
Miri Offir knows how to talk to people in crisis. After serving in the Israeli military, she came to the U.S. in 2003 and took a secretary job at the post-disaster recovery franchise 911 Restoration. She worked her way up—eventually becoming the comp
Entrepreneur2 min read
3 Ways to Build Real Businesses on the Side
If you have marketable skills, but you aren’t sure how to spin them into a business, try teaming up with someone from an entirely different industry. Together, you could pinpoint opportunities for innovation. That’s what Gene Caballero did. Back in 2

Related Books & Audiobooks