Profitable Growth Blog

Raising Capital Checklist

Raising capital is one of the four most stressful events for a growing business. Once a business has committed to a capital raise, there is a significant investment of time and resources.  There is also risk should the raise be unsuccessful or occur for less than desirable terms.  I am happy to provide this handy
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Veteran Owned Business Support

Proud to Support Veteran-Owned Businesses

I am proud to be working with veteran entrepreneurs and business owners. It is an honor to support those who have made sacrifices to defend the freedoms we enjoy. Veteran Entrepreneurs When you look at veterans, there are attributes that make them very suited to business ownership. Here are just a few: Mission-focus with a
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Multi-Unit Business Expansion

Why so many businesses stay mom & pop? Considerations for multi-unit business expansion.

Technology reduces tasks in many areas of business today making it much easier for companies to expand. Growth can increase brand recognition, build value for employees and customers, create a wider range of products and services for a larger geographic area, and generate economies of scale. However, there are still many challenges to prepare for
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SaaS: Learn to Fight Like the Dragon or Get Impaled by a Unicorn

In a prior posting, You Don’t Have to Be a Unicorn to Be a Great SaaS Company, I discussed that our SaaS company doesn’t have to be a unicorn to be worthwhile.  However, we will need to protect it from getting impaled by the rare beast.  In a world where software development is becoming a
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You Don’t Have to Be a Unicorn to Be a Great SaaS Company

There are many articles about rare Unicorn startups rapidly growing to $1 billion in revenue, but what if your company goal isn’t to be a Unicorn?  What guidelines and rules will help get your SaaS business on a path toward success on a smaller scale? A Healthy SaaS Business fundamentals still apply.  A team of carefully selected
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Software-as-a-Service Startups: Positioning for Growth

Many Software-as-a-Service (SaaS) startups seem to follow similar growth phases that take a year or two to complete. You begin determining the value of your product and business services by defining the product, pricing, the targeted consumer, and financing. Aside from your own financial contributions, you are going to need a chunk of capital to
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