• Take the money or run? 3 reasons to take VC money and 3 reasons not to

    When your company is poised for exponential growth, you may have a shot at convincing venture capitalists to take a gamble on you, your team, and your product.

    But should you go down a VC-backed path when offered the opportunity? What are the advantages and disadvantages of taking venture capital? Some entrepreneurs take the VC plunge and others are nervous about sharks in the water—loss of control and a significant equity dilution are two elements that scare away many …

  • Why company culture lies at the crux of success for startups

    Seasoned entrepreneurs who have experienced the ups and downs of working at a startup know how critically important it is to create a culture that solidifies and connects the team. It is what inspires people to do their best work. 

    Additionally, when you’re fundraising, the quality of your team is an important consideration for investors. They want to make sure that the founder’s team can work well together and have the skills and experience to succeed in the marketplace. …

  • Should I quit my 6-figure corporate job to start my own company?

    Many of us who are stuck in the rat race of an everyday office job aspire to start a company. But if that job is paying you a handsome salary, does it make sense to trade it in for the uncertain and often stressful life of an entrepreneur?

    Here are six questions to ask yourself if you’re considering walking away from a regular paycheck in pursuit of your startup dream:

    Q1: Do you have something you are passionate about?

    Most entrepreneurs leave their corporate job …

  • 10 steps for setting up your startup accounting function

    Guest blogger David Ehrenberg is the founder and CEO of Early Growth Financial Services, an outsourced financial services firm that provides early-stage companies with accounting, finance, tax, valuation, and corporate governance services and support. He’s a financial expert and startup mentor, whose passion is helping businesses focus on what they do best. Follow David @EarlyGrowthFS.

    If your company is in the early stages, now may not be the right time to worry …

  • Funding fit tip 10: rekindle your passion

    This is the last post of our 10-week “Funding Fit” blog series, and it’s hard to believe that ten weeks have gone by so quickly. Hopefully our weekly tips have given you a better sense of what to expect in the fundraising process. Here's a recap on the full series: 

    Tip 1: Can you pitch in a tweet?

    Tip 2: An idea is not a product

    Tip 3: Fundraising is like another full-time job

    Tip 4: Get your product/market fit 

    Tip 5: How much do you want to …

  • A client story: Valant Medical Solutions

    Dr. David Lischner is the founder and CEO of Valant Medical Solutions, a web-based EHR and electronic billing system that serves the needs of mental healthcare professionals. In 2005, David had a practice of 18 psychologists and 5 psychiatrists. He loved his work as a psychiatrist, but didn't appreciate the hours he lost working as an administrator. Realizing his time can be better spent elsewhere, David teamed up with his brother Ben, a software architect to create a solution. …

  • Funding fit tip 9: be professional

    After a lot of preparation and networking, you finally landed a meeting with a promising investor. Now you need to maximize your chances for success.

    Here are some guidelines to make the most of every encounter. These tips may seem remarkably basic, but you’d be surprised by how many entrepreneurs slip up when it comes to professionalism. Since being professional is so fundamentally simple, the mistake is amplified when it’s made. Here are a few reminders on how to put your …

  • 7 ways to build a successful startup revenue model

    Guest blogger David Ehrenberg is the founder and CEO of Early Growth Financial Services, an outsourced financial services firm that provides early-stage companies with accounting, finance, tax, valuation, and corporate governance services and support. He’s a financial expert and startup mentor, whose passion is helping businesses focus on what they do best. Follow David @EarlyGrowthFS.

    Developing a revenue model for your business is perhaps the best step way to get …

  • Funding fit tip 8: optimize your digital presence

    As an entrepreneur, you are duking it out in a competitive environment. To get the upper hand of attracting customers and investors, you can take a lesson from the animal kingdom: appearing bigger and stronger than the competition.

    Luckily, the internet makes this possible. Just because you’re a small startup run by a lone entrepreneur or a small team doesn't mean you can't look just as imposing as more established companies in your industry. While you may want to be seen …

  • Wine Management Systems expands with Lighter Capital

    We love funding SaaS, software companies across all industries. Last year, we funded Uncorkd, an interactive wine list platform, and we’re happy to have added another software company in the wine industry to our roster of clients.

    Wine Management Systems (WMS), a leading cloud-based provider of wine production and wine club software, helps small- and medium-sized wineries better manage and track their winery operations. The company intends to use the funding from Lighter Capital to …