Some may think that developed countries are built on the backs of millionaires, but the truth is that small businesses help countries move forward. The problem is many business owners are retiring, and millennials are not filling in those spaces. Do Millennials Even Want to be Entrepreneurs? Currently, millennials are the most disengaged workforce. Many […]
5 Ways to Encourage Collaboration in the Workplace
It’s no secret that technology has revolutionized the way we work. Thanks to mobile technology, it’s easier than ever before for people to get up from their desks and collaborate anywhere in the workplace. Not only is collaboration good for employee morale and engagement, it’s extremely beneficial for the company as a whole. The more […]
Coworking Space vs. Business Center Office: Which is Better?
There is a common misconception that coworking space is the same as business center office space, but is cheaper with more opportunities for networking and collaboration. These are the claims made by coworking providers, however, often these are misleading claims using an apples-to-oranges product comparison – and assume business centers don’t have networking and collaboration […]
Can Business Failure Damage Your Personal Finances?
This is a question often asked by entrepreneurs, and the short answer is maybe. The longer answer is that it depends on your circumstances and the type of finance you take out. If you’re a sole trader or member of a non-limited liability partnership, of course, then it’s an unequivocal yes—you are personally responsible for […]
How and When to Use Short-Term Business Loans
Almost every small business needs to borrow at one time or another. However, not all loans are created equal—and some types of finance are more appropriate in particular circumstances. So, what is the best guidance on a short-term loan? All about short-term loans As its name suggests, a short-term loan involves borrowing a fixed amount, […]
When You Should Seek Financing for Business Growth
Growth is the lifeblood of every young business. Yet sometimes it seems too risky to take out finance to take your company to the next level. So what are the signs that you should seek to borrow? Your customers are spending more Growing your business doesn’t simply involve taking on new customers: you may find […]
4 Innovative Strategies to Make Your Lead Generation Soar
Lead generation is the basic fundamental step for small business growth. Without high quality leads from strong prospects, it’s difficult for a small business to grow and achieve higher altitudes of success. Then, how can a small business capture strong leads? Here are a few strategies for small businesses to capture new leads and nurture […]
The Growth Dilemma
Adapted from the upcoming book The Growth Dilemma: Determining Your Entrepreneurial Type to Find Your Financing Comfort Zone. If you ask me to describe the primary tension that has kept me awake over the past eight years as I have built my company, it is whether I am investing fast enough to ensure the best […]
5 Ways You Could Be Damaging Your Company’s Credit Score
Almost every small company needs to borrow at one point or another, and ideally sooner than later. And when you do, your credit score will dictate who does business with you and at what interest rate. So it’s in your interest to keep your score as high as possible. Here are a few common pitfalls […]
Authority vs. Anarchy at Work: What Works for You?
The ideal office job has suffered a litany of changes through the past few decades. Working in an office setting has gone from the dream of the 1950s to a state of being parodied to death in popular media, lamenting the loss of a more innocent worldview as corporate culture struggles to adapt to a […]
