The safety deposit box at the bank is a small stronghold where people can store selected valuable items, such as family heirlooms, jewelry, or coins. Advancements in cloud-based systems have turned the cloud into a safety deposit box of sorts, where users can keep data, documents and files under digital lock and key.
At the casino, doubling down on a bet can potentially increase your winnings if all goes well. In corporate circles, the term takes on a whole different meaning. It could refer to someone doubling their investment in a certain company, thus increasing the risk factor, but in one case, it refers to a large-scale separation process.
Much like the birth of a baby, the birth of a new small business is an exciting time. Ideas are fleshed out, leading to the creation of innovative products and services, and a power team is built to drive the business to a successful future. But if there’s one thing that every new start-up needs before getting called up to the big leagues, it’s a source of funding.