What can be better than having your most trusted ally working with you while you are trying to navigate the challenging route to small business ownership? You can rely on him / her to face whatever challenge comes along the way. Your spouse also understands your strengths and weaknesses better than anyone else and can […]
Are You Ready to Work From Home?
When launching a small business, you need to keep your expenses low. One great way to do this is to work from your home. There are 26 million small business in the US today and 16 million of them are solopreneurs, who in most cases are building their business dreams from their back bedroom, basement […]
New Foundation To Support Minority and Women Business Owners
(Philadelphia, PA—Oct. 10, 2012) National Small Business Expert, Melinda F. Emerson, known online as SmallBizLady, proudly announces the launch of The Melinda F. Emerson Foundation for Small Business Success (www.melindafemersonfoundation.org). Melinda believes that through technical support and education, small business owners can overcome the challenges they face and play an important role in building the […]
10 Mistakes People Make When Starting a Business
1. Spending too little. Naturally as a start-up you would expect to keep your costs to a minimum, yet being too frugal can actually prevent overall efficiency. Ensure the use is functional and essential; products are only worth investing in if they will directly benefit the productivity and efficiency of the business. 2. Letting optimism overrule […]
5 Best Moments of #SmallBizChat
Have you ever had a million dollar idea? Well that’s how I felt the day I launched #SmallBizChat. My initial idea was to create a peer-to-peer mentoring program online for small business owners, but what it has turned into over the last five years is a movement of people focused on small business excellence. This […]
What Do I Really Need to Start My Small Business?
I always get asked the question – what do I really need to start my small business? To get started, focus on the basics. The key is to generate revenue as quickly as possible. You can add all the bells and whistles as the company grows. If you think you’re ready to become your own […]
What Kind of Insurance Do I Need For My Home-Based Business?
Guest Article It’s no secret that many, if not most, new small businesses and start-ups are home-based. The days when a “virtual office” sounded new and hip are long past, and it’s practically expected that new enterprises begin as home-based businesses. It’s a great way to save money while engineering those critical first operations and […]
How to Hire Accounting Services for Your Small Business
Understanding the numbers in your business is essential to small business success. If you are not good with accounting, one of your first business advisors should be a good accountant. There are three levels of accounting experts you can hire to help you: a bookkeeper, an accountant and a certified public accountant, or CPA. The […]
10 Building Blocks to Small Business Success
Guest Article When it comes to starting a business, it’s best to start with the fundamentals. You must first come up with a good idea. Then figure out if you can generate a customer base. You must consider your financial position. Conduct a SWOT analysis. Then once you have some proof of concept you’ll need […]
How to Draft an Operating Agreement for Your Small Business
Guest Article Have you ever sat down and drafted an operating agreement for your small business? Despite the fact that an operating agreement is considered one of the most important documents an LLC can keep under its belt for structuring a company, many people skip over it. Depending on where you live, it may not […]
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