Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

Business 101 – Identify and Focus on Your Target Market

Part of running a successful business is matching your products or service with the right audience. If you operate a wedding dress boutique, for instance, you’ll want to focus your marketing efforts on newly engaged women, simply because this demographic is most likely to purchase your products. By identifying your “target market,” you’ll have an…

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Polio, World War II, the Academy Awards, and Business Financing

“What on Earth can financing of a worthwhile Project possibly have to do with Polio, World War II and the Academy Awards?” Occasionally, Intrepid will receive a business plan that is genuinely inspired but – for some reason – the timing for the Project just isn’t quite right. Perhaps the technology to make the concept…

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Do What You Love and You’ll Never Have to Work Again

There’s an old saying that goes: do what you love and you’ll never have to work another day in your life. The famous Chinese teacher, politician and philosopher Confucius was responsible for pioneering this phrase. And while he made the statement thousands of years ago (yes, it’s THAT old), it still holds true to this…

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Stick with Your Business Idea (Don’t Give Up)

Many entrepreneurs have a tendency to jump from idea to idea, experimenting with a variety of business ideas instead of focusing their efforts on just one. In some cases, this may work. In most cases, though, it’s a recipe for failure. New Businesses Don’t Become Profitable Overnight If you recently launched a new business and are…

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You’re Only as Good as Your Employees – Choose them Wisely

One of the most important steps in launching a new business is choosing your employees. These are the people who will be representing your brand, so it’s essential that you choose the right ones. Employee Theft There are a number of reasons why it’s important to hire the right the employees, one of which is…

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Networking is a Key Component in Business

As a business owner, you should constantly be working to develop a strong network of contacts. These contacts may include clients/customers, suppliers, vendors, service providers, marketing experts, and other like-minded professionals. But many entrepreneurs are reluctant to acknowledge the importance of networking, assuming it offers little-to-no benefit. So, why is networking such a critical piece…

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Startup 101 – Choosing a Profitable Industry

So, you’re thinking about starting your own business? Being an entrepreneur certainly has its perks, such as the ability to set your own hours, be your own boss, and control your financial destiny. Here are some tips to help you achieve startup success. The success of a startup relies heavily on the industry itself. If you…

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How to Write a Solid Business Plan for Your Business

Regardless of industry or niche, every entrepreneur needs a business plan. In addition to acting a roadmap for professional success, banks and venture capitalists may require a copy of your business plan before they will invest in your idea. But how do you create a business plan? And what should it include? Business Plan: The Basics While…

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Pay Your Business Taxes and Keep Good Records

With April 15th fast approaching, entrepreneurs and small business owners throughout the country are scrambling to prepare their taxes. But some business owners place taxes at the bottom of their list of priorities. Perhaps they assume their business is a low risk for an audit, or maybe they just don’t know the proper way to…

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Business Management 101- Learning to Delegate Tasks Effectively

One of the many hurdles faced by entrepreneurs and small business owners is trying to delegate tasks efficiently. Depending on the venture, you may able to handle everything yourself — but this is rare. More often than not, effective business management means that owners need to delegate smaller tasks so that they aren’t micromanaging each and…

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How to Get Startup Capital

How to Get Startup Capital for Your Business or Project

Among the biggest hurdles faced by aspiring entrepreneurs and business owners is acquiring startup capital. Without capital, you won’t be able to turn your vision into a reality. But ever since the 2007-2008 housing market crash, banks have been reluctant to loan money. So, the big question is how to get startup capital to fund your…

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IMF Places China’s Yuan in Reserve Basket

The International Monetary Fund (IMF) announced earlier this month that it would be placing China’s currency, the yuan, in its Special Drawing Rights (SBR) basket of reserve currencies, alongside other globally recognized currencies like the dollar, euro, pound and yen. The world’s most populated country has been pushing the IMF to place its currency in…

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