As any experienced entrepreneur can attest, the first year represents a make-or-break period for most small businesses. A fledgling enterprise’s ability – or inability – to balance its finances is often the determinant factor in whether it’s able to keep its doors open after the one-year mark. That being the case, meticulous money management should […]
Startup
5 Startup Biz Tactics for Millennials
Founding a startup and nurturing it from conception to mainstream success can be financially rewarding as well as intellectually satisfying. Of course it is also easy to have a good business idea, but difficult to actually put it into action and realize your ambitions. With that in mind, here are a few helpful tactics that […]
Don’t Ignore These 3 Factors That Can Make or Break Your Business
Building your own company from the ground up can be a real challenge, but that challenge can yield massive rewards. However, those rewards are reserved for those who come prepared. Small businesses are uniquely positioned to face more severe penalties for even minor mistakes, so the majority of small businesses don’t even last a full […]
Top 6 Cities To Move To & Start a Small Business
If you’ve been thinking about starting a small business and you have all that it needs to make it successful, now’s the best time to do it. The economy is robust, countless government programs can aid you, even financially, and the US has the most motivated and talented pool of workers that will make your […]
8 Handy Tips to Generate Business Ideas
As Richard Branson once said, business ideas are like buses; there is always another one coming. Business ideas are everywhere – if you pay close enough attention to them. Although generating business ideas can become natural to some, for others, it may seem like a daunting task. Generating a business idea is not necessarily an […]
Take These Steps to Form a Non-Profit Business
If you’re looking to form a non-profit corporation, there are several important steps for you to follow. Incorporating a non-profit corporation is often similar to a for-profit corporation, but there are some differences to be aware of. Here are some general guidelines for incorporating a non-profit. Pre-Incorporation Matters Prior to incorporation, you should have a […]
How to Buy a Franchise Business for Sale
A franchise business is one in which the owner (franchisor) sells to a third party (franchisee) the name, logo or the rights of the business so that a replica of his/her establishment is set up. The franchisee sets up the place in a similar manner to the franchisor’s establishments. This includes wearing the same uniforms […]
How Bill Gates Was A Role Model For New Entrepreneurs
Sometimes I like to drop the comment socially that “I knew Bill Gates back when he was a regular guy.” I know that dates me a good bit, but it also shows that I have been hanging around startups for a long time. The honest truth is that I worked directly with him in the […]
5 Due Diligence Tips Before Investing In A Startup
After you have heard a few startup success stories, like Google, Facebook, and Microsoft, you may be tempted to invest some money yourself, maybe by pooling your funds with other investors who claim to have a great track record. My advice is to leave the investing in startups to the professionals (or friends and fools). […]
Starting Your Own Machine Business: 4 Tips To Drive Sales
Taking the reins of your own business can be a fulfilling and rewarding process, although there is definitely a learning curve to accommodate. You will also need to tweak your strategies to boost sales as you get underway, fixing imperfections to win new customers. If you are looking for advice on what it takes to […]
