Frequently, I find that startup ventures simply do not have a financial plan. They know their business in and out but when you ask them about their financial methods of keeping track of operations, they look at you like you asked them how many planets are in the galaxy. 
 
Agreeing on a structure, having a plan, and making sure there are checks and balances can help mitigate a lot of issues in the near future. It is stated that approximately 80% of small business fail within their first year with the primary reason being the lack of cash. Here are a few suggestions to help keep your business from going under:

Who are the faces behind a company? How did the company get started? These are common question you may have about startups you see and hear about. If you don't get a chance to personally meet the founders, you're unlikely to ever know their story. That's what Founder Fridays is all about.
 
In honor of all the college students returning to the city, this week we have Boris Revsin, CEO and co-founder of CampusLIVE (and local UMass Amherst alum!). CampusLIVE is a site dedicated to helping students connect with other people, events and local businesses on and near college campuses. (You can also learn more about CampusLIVE on their Posting on the Greenhorn Career Connector)

This post on "Agile" continues a mini-series on misunderstood terms in technology. Previous terms were the cloud and NoSQL.

Going from receiving a nice paycheck weekly or bi-weekly, walking into an office, or having coffee and bagel in the morning to not knowing where you’re going to end up the next day, is a scary change. Every Entrepreneur who has a full-time gig and is looking to make the jump always has doubts, fears, and concerns which are all reasonable. 
 
When to quit or not quit, now that is the question! Here are a few suggestions that will help you decide when to make the leap:

Who are the faces behind a company? How did the company get started? These are common question you may have about startups you see and hear about. If you don't get a chance to personally meet the founders, you're unlikely to ever know their story. That's where we're starting Founder Fridays. 
 
This week we are featuring Neuron Robotics  founded by Robert Breznak, a company that provides open source, programmable and cross-platform solution, the Bowler Communications System (BCS)  by lowering the costs of entry into robotics and CPS development to within the ability range of the average person.

This post on "Agile" continues a mini-series on misunderstood terms in technology. Previous terms were the cloud and NoSQL.

After you understand what your true talent is and the value that you bring to an endeavor, it is time to think about what type of business partner you need. Having been a part of  few startups, here is a collection of 5 distinct factors that I look for when choosing who to start a company with:  
 

Who are the faces behind a company? How did the company get started? These are common question you may have about startups you see and hear about. If you don't get a chance to personally meet the founders, you're unlikely to ever know their story. That's where we're starting Founder Fridays. 
 
This week we are featuring FIVI founded by Nabil Aidoud , a company that is fusion between your workout site and integrating social media to help its users achieve their goals.

This is an inside look into our growth as a company.  Along the way, we’ve learned some incredibly useful lessons (many that we thought we knew before), and discovering more as we go.

Most often individuals who start companies do not necessarily have a strong financial background. Having a general understanding of the fundamentals can help prevent potential problems in your company. Here are a few guidelines that can help with the finance side of your venture: