Photo by Artem Bali on Unsplash Running a business is a very difficult venture. Did you know that nearly half of all businesses fail within the first five years? While this statistic has improved in recent years, it’s still challenging to keep a small business afloat. The reason for such failure is not always simple […]
Head Start – 5 Essentials Needed for Every Small Business Read More »
Photo by rawpixel on Unsplash If you’re launching a startup, you no doubt have already worked out your product development strategy and sourced your initial funding. The following stages are where it can get tricky if you’re not prepared. Although it is no secret that the majority of startups don’t go on to become successful,
Entrepreneurial Spirit – 5 Ways to Get Your Startup off the Ground Read More »
Source Starting your own business can be both exciting and stressful. On one hand, you look forward to being your own boss, the prospect of collaborating with fun clients, and making money for yourself. On the flip side, once you’ve made the decision to move forward with your startup, reality sets in when you consider
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If there is one thing a lot of the big names in business have in common, it is that they were able to channel their passion into successful business ventures. Maybe you have a hobby that you are very passionate about, instead of looking back with regret and wondering why you never thought of making
Turn Your Hobby Into a Successful e-Commerce Business Today Read More »
When you start a business your first priority is to market it and then sustain it for a little while until you can be sure that it is a good idea. Once that has happened though, and you are more established, your next step should be to grow the business; if you don’t grow it,
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Whether they’re easy to forget or not, you can’t be allowing certain aspects of your business to slip your mind. More to the point, you can’t afford to be forgetting them, because doing so will result in you losing out on what you, as a business owner, value the most: a profit. To discover some of
The Easy-To-Forget Bits About Business That You Can’t Afford to Let Slip Read More »
There are times in everyone’s academic career that they need to some inspiration to get through a tough semester. Here are some inspiring business success stories to motivate you as you seek your degree. Sometimes all it takes to be successful with millions of sales is to find a need that no one has addressed.
Inspiring Business Success Stories To Motivate You As You Seek Your Degree Read More »
Source Whether you’re shopping around to purchase a company like Marc Leder would do, or you’re looking to take your own business to the next level, continue reading to discover how to identify a company’s untapped potential. Take a good close look at the company’s accounts By looking at a company’s financial statements, you’ll be able
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When you are implementing a business plan for your startup, funds are a major headache. While the emergence of multiple unconventional lenders has made it easy for businesses with a track record access loans, the story is different for new startups. Basically, there are few lenders who are willing to finance a business with no revenues
Where Experts Get Loans for their Businesses Read More »
According to Small Business Administration, only 50 percent of companies survive the first five years. Running a business is tough, but what makes it more difficult are the costs that you could have avoided only if you’ve covered yourself with insurance. However, with so many insurance policies, it’s easy to feel overwhelmed, increasing the risk
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When you hire any type of IT professional, you need to ensure that you find the right person for the job. If you don’t, this can be a costly mistake to make and you may have to go through the whole interview process again if things don’t work out with your original selection. Below are
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Let’s face the facts. Owning a small business can be challenging at times. This is especially true during seasonal droughts. Being an entrepreneur is like riding a roller coaster – one season your profits are up, the next season they are down. What can you do to survive your company’s seasonal droughts? Take action. Here
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