Category Archive

  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 …

  There will likely be plenty of people telling you what they think is the ultimate secret to grow your home business, making it tough to discern who you should listen to. So, instead of giving you our opinion of what we believe you should do, this post includes 12 pieces of valuable advice from veterans of business. When you want to give yourself an edge & improve your ability to operate in any area, you go to the ones who have come before you that learned how to solve some of the problems that you’re going to face. There are also some things that could trip you up as a business owner which you may have never even thought of. You can decide which of these tips you should keep, and which ones you should throw away. In any case, you’ll find some great wisdom among them that you …

  As an entrepreneur, most of us are aware that when we put in the effort to improve by forcing ourselves to grow and learn in new and different ways, you will certainly see the benefits. There’s actually nothing very mystical about it because the more you work to change & grow, the better equipped you will be to handle the various challenges presented in life and work. Therefore the more able you will be to have success in your pursuits. As an entrepreneur, self-improvement can benefit you even more than others because constantly learning new skills and innovating for your business is part of the job description. If you’re one who is somewhat resistant to change or who doesn’t have a particularly strong thirst for knowledge, then this article is for you, too. Consider these reasons why continually improving yourself gives you a unique advantage for building a better …

  Your small business got off the ground. Congratulations! For many people, launching their own business fulfills a long-time dream. Maybe you love the product you sell, or you enjoy building a team, or you just want the freedom to be your own boss. Maybe you plan to turn your enterprise into a family business and leave it as an inheritance for your son or daughter. Whatever your reasons for starting a small business, you deserve a pat on the back for getting yours up and running. Over the next few weeks and months, however, you may start to notice a problem. Your small business isn’t growing. In fact, more money is leaking out than rolling in. Maybe a lot more money. That’s a scary place to find yourself, especially if you owe for a loan or (worse) you’ve mortgaged your property to kick off your idea. Before you start …

  Businesses have been looking for ways to cut their operating costs for as long as businesses have existed. It can be a troublesome area because business owners have to sort of use triage to figure out what gets cut and what stays, sometimes resulting in cutting things out that you don’t necessarily want to get rid of. There’s only so much money in the budget, though, which means some things are going to have to go. The trick is to take a really close look at where you’re spending money, down to the very smallest of expenses. In fact, the really small expenses can be the best things to eliminate because they tend to have less of an impact, or consequence on your business. If you find yourself in need of cutting costs, this post is going to help because we’ve compiled a list of a few ways you …

  Keeping employees happy has to be one of the most misunderstood elements of running a business. Every business owner thinks they know how to do it, and most have employees who wish they found themselves anywhere but at work. Of course, it’s a given that most of us would prefer to be sipping a cocktail in a hammock somewhere instead of sifting through work emails. That doesn’t mean that work has to be miserable or consistently difficult to get through, which responsibility falls on the owners of a business. You can make it either acceptable (and even enjoyable) for your employees to work at your company, or you can make it a place where everyone hates to be. Though it’s not all that complicated to create a satisfying work environment, it can be tough to know what moves you need to make so that the people working on your …