Creating a Plan

How to Start a Homemade Cosmetics Business

A homemade cosmetics business is likely to become a profitable venture, as people increasingly seem to prefer natural and homemade products to use on their hair and skin. If making homemade cosmetics is one of your hobbies, you can earn an attractive income by turning this hobby into a business.

4 Techniques to Value a Business

When buying or selling a business, it all comes down to price. Is the offer fair? Does it overestimate the value of the company? Underestimate the value of the company?

3 Ways to Know if It is a “Good” Idea

As an entrepreneur, you likely have a new business idea every day, if not every hour. How do you know the difference between just another idea and one that can really be a winner?

Be Prepared: 5 Problems New Businesses Mishandle

There is virtually no business in the world that doesn’t run into at least a kink or two every now and then. Running and growing a small business is not a task suited for the faint of heart. Things can and will go wrong, and it’s important to know how to handle it properly. These are five problems that new businesses commonly face, but just don’t know how to handle well.

Top Mistakes to Avoid When Writing a Business Plan

The entrepreneurial industry is booming with idealistic youth hoping to strike gold with their concepts. But before money can start pouring in, entrepreneurs will need to capital—often through small business loans from banks, but also from venture capitalists and other investors.

Avoid These Mistakes If You Launch a Creative Business

Businesses come in all shapes and sizes. If you’re a creative type—a photographer, designer, videographer, animator, illustrator or other artistic person—your business model will be different from other professional situations.

Is It an Over Saturated Market?

I would be rich if I had a penny every time someone told me their company was an over-saturated market! I have heard it from all different companies, both large and small, in every product line. People who live in the back woods and the big cities all say the same thing:

The Top 7 Expensive Mistakes New Businesses Make

It is always an exciting time for entrepreneurs to start a new business and work hard to ensure that it grows. Sometimes, however, the focus on revenue growth overshadows or masks cost decisions that could have been made differently. Here are seven areas where too much money is often spent by new businesses.

Only Those in the Fight Can Win

Entrepreneurism is all about risk. Sometimes, you can reduce your personal risk by taking in other people’s money, starting with a contract from a customer, purchasing a going business, or spinning off an existing revenue-generating portion of an existing business.

No One Is Going to Pay You for Your Ideas

Untested ideas are like unwritten novels. All unwritten novels are brilliant—on the minds of would-be authors who didn’t write them.

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