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Tuesday, September 13, 2011

Three Important Websites for Business Planning, Back Log Full Sail discussion board post


From (http://abc.go.com/shows/shark-tank/tips) can many great ideas. One of those ideas is to stay informed. In this sense, there are two types of information. The first being the information you need in order to run a business (i.e. laws, tax breaks, new laws, etc.). The second type is development (i.e. market news, new markets, and tech, etc.)


What are some other types of information available on these sites that may be helpful?

From (http://abc.go.com/shows/shark-tank/tips) can many great ideas. One of those ideas is to stay informed. In this sense, there are two types of information. The first being the information you need in order to run a business (i.e. laws, tax breaks, new laws, etc.). The second type is development (i.e. market news, new markets, and tech, etc. In this sense, http://www.sba.gov/, leans more to information about how to fund a business and what legal laws effect taxes and registration.

Although it has many articles on starting business similar to SBA; Inc.com on the other hand, helps with more of the general information to news that effects business in relation to tech; moreover, it give articles that show what investors and markets are thinking as far as trends. Here, I can also find how to pitch to angle investors or venture capitalists.

http://www.nvca.org/, on the other hand, focuses more on venture capitalism and new and trends that effect larger scale businesses. Even a small business would benefit more from this site when it is consider seeking larger investors for a larger operation. Upon my searches, I did not find “Angel Investors”. This would be a third stop after viewing SBA and Inc.com and having gathered enough rescores for VCs to take a plan seriously.   

How might the information on these sites help you in obtaining financing for your business?

The idea is that these three sites should be treated in an order. SBA, Inc.com, then NVCA because it makes the most logical sense. The SBA would be what you would need to get the basis of what laws and grants could help you. One should also research the city, count, and state grants that link to the SBA as mention in previous classes. Inc.com is a great for “How to articles”, but I find other news sites like This Week in Start-Ups and other site can help spot trends. Still Inc.com can help shape how a person uses news to their advantage by showing how to structure it into a plan. Finally, after both the SBA, INC, and initial resources from additional sources like Angle Investors, NVCA is the last stop to convince adventure capitalists to move forwards with additional resources.