As the economy flourishes after some tough economic times, more and more people seem to be turning to entrepreneurship as an alternative to traditional employment. I applaud this trend, but caution all of you thinking this direction to approach entrepreneurship with your eyes wide open. It is not for everyone, as the entrepreneur’s path is […]
Getting Started
Started a Small Business? Now What?
Congratulations! You’ve started your business! After that burst of excitement and glee comes all the considerations; you might be worrying about your responsibilities, taxes, government compliance and reporting deadlines. Here’s a quick start guide to help you work through these elements. First, celebrate that you’ve started something you’ve been considering and bringing it into reality! […]
Why Buy a Franchise? Three Reasons
You think you’re ready to take the plunge into business ownership, and then the big question hits you… “Do I start my own business from scratch, or do I go with a business template, such as a franchise?” This is a question that may not have a set answer for everyone. First, you must decide […]
How to Choose a Profitable Industry
Most people who step into the small business world have some idea of what they want to do. They’ve got a passion, some kind of inspiration that lights them up—and that can be a great starting point. The problem is, passion projects aren’t always profitable and that represents a huge barrier to success. When shaping […]
9 Fantastic Family Business Ideas That Are Easier Than You Thought
Who says you can’t mix business and family? Even though our families may drive us crazy from time to time, especially the no-filter uncle at Thanksgiving, there are plenty of business owners who have created startups with their families in charge. While coming together to act as one family may be easy, finding the perfect […]
Make Sure to Consider These Common Expenses When Preparing Your Startup
You’re almost ready to start your new business. You and your partners have come up with a killer idea for a company that you know your clients are going to love. You’ve even thought about what you’re going to name your brand, and how you can improve your chances of getting your product or service […]
USA vs. UK: Where is It Easier to Set Up Shop?
Often, it isn’t the lack of a good idea or entrepreneurial spark that stops new startups flourishing, it’s the barriers to entry in the market itself. New startups often underestimate the costs imposed on new business by the country they are in, making it too difficult to do business in your homeland. Seeking that ‘greener […]
The Right Franchise for Your Climate
Once you’ve decided to become a franchisee, you have to choose a franchise to invest in. There are many factors to take into account. How comprehensive is the training program? What is the required investment? What are the pros and cons of the business model? In addition to these questions, it’s important to consider where your […]
4 Road Blocks to Business Ownership
If you have dreamed of business ownership, you may have found a business concept that captured your interest. Yet, after a short period of a few days or a week, that interest and even excitement was gone—even before you had done any serious research on the opportunity. What happened? You began to encounter road blocks. […]
What Do I Need to Do to Become an Entrepreneur?
Q: What do I need to do to become an entrepreneur? Being an entrepreneur is simply somebody who has launched a business. It’s not a set of traits or qualities, a state of being, or an attribute. It’s not a degree or certificate. It’s not an expertise. It’s did you start a business, or not? […]
