Category Archive

  Fatigue can get in the way of even the best of plans. It can leave you feeling overwhelmed and out of your depths, especially when you’ve got a business to run. Life can be a lot just as-is, but add in the stresses of being a business owner & it can truly derail you. So, how can fatigued business owners like yourself remain focused even when you’re simply overwhelmed? You’ll need to develop a few coping strategies, along with finding ways to tend to your mental health while also looking after the well-being of your company. With all that in mind, here’s some general advice on how to press-on even when you are spread thin.     Identify the Cause of Your Fatigue   What exactly is causing your fatigue? It’s hard to conquer a problem without first identifying its root cause. Take a moment and really think about …

  As a business owner, you likely know that profitability is a very essential sales metric. Without a profit, you cannot keep your business afloat. Which is kinda the whole point of this starting your own business thing. According to data from the Bureau of Labor and Statistics (BLS), about one in five new businesses fail within the first year. Finding ways to increase the profitability of your business can help you avoid becoming another casualty. Sales as a whole can be a bit overwhelming, with so much information out there. It’s hard to know what you need to know, and how to apply your findings to your actual business. In the following guide, we’ll cover the most effective strategies and resources for generating larger profits. That way, you can take some of the heat off yourself & have a good starting point to begin from. Let’s dive into SALES …

  Inflation is clearly a hot topic in the news & in our minds lately, as the prices for goods and services continue to skyrocket. While the news often focuses on the impact of inflation on consumers, it’s also a major issue for business owners. In this post, we’ll take a detailed look at inflation and how it may impact the way you run your business. We’ll examine exactly how inflation works and explore some of the best methods for dealing with it as best you can. Whether we like it or not, we all have to face it in some way or another. Especially in business though, it’s important to not only understand how it can affect things but to be prepared. While we all reminisce nostalgically about simpler, cheaper times of the past.. it’s sadly not our current economic reality. BUT, it’s ok, we’ll press on. Let’s dive …

  Being productive in your business and completing all of your tasks and projects is more than just working all the time. You could even say that optimizing workflow is actually more important than just working a ton of hours, which you most likely already do because you’re a business owner. The thing is, you can work tons and tons of hours every day and have low output and productivity, if what you’re doing during all those hours is not high-quality work. That is, if you’re not working on the right things at the right times, taking the long way around to complete projects, or working in a very unfocused way, then the work you’re doing is not quality work. There are many ways that you can change this, if you find that those characteristics describe you. Keep reading if you want to learn how to improve the way you …

  Close to a third of adults set New Year’s resolutions, but only about one in ten is actually likely to follow through on them. I’m sure that isn’t a shock to most of us who are professional procrastinators, though. Businesses should also make it a priority to set goals for the coming year to make sure you are setting yourself and your business up for success. However, if you want to increase your odds of reaching your objectives, you need to start strategizing now before the year is over. Here are 15 quick tips that may help you with prepping your business for the new year:     1. Analyze Successes and Failures from the Past Year   The end of the year is the perfect time to reflect on your successes and failures. Think about what went right and also what went wrong with your business. You can …

  Owning any type of small business requires a sufficient amount of financial capital to cover orders, payroll, and many other expenses. Unfortunately, many business owners are unsure about how they can get enough cash to make ends meet until the profits can pay for the debt and all those operating costs. That’s why some may turn to things such as small business loans or grants to help lighten the burden. But where do you even begin with all that? What options are out there? AND How do you know which option is best for you and your small business? Two of the most common solutions involve applying for either loans or grants. Of course, it can be difficult to navigate this process, especially for entrepreneurs who have not had a lot of experience with either. Deciding which is most appropriate for your situation involves developing a thorough understanding of …