Guest Article If you recently launched a startup, congratulations – it’s a bold decision that deserves to be praised. While it’s true that an entrepreneurial venture can survive in any economic environment, today’s rocky landscape is going to put yours to the test. Apart from a solid business plan, the one thing that’s absolutely essential to […]
5 Questions Every Business Owner Should Ask Themselves
When you are coming up with ideas for a small business, often your mind can go wild with business concepts, but the key is to come up with an idea that has a profit center and a niche target customer because you need to turn that idea into a sustainable business. In my bestselling book, […]
How to Turn a Hobby Into a Small Business
This is the first of a two part blog series on how to turn a hobby into a small business. Hobbies are fun personal interests that people pursue out of love. Some use hobbies to spend quality time with loved ones, friends or themselves. Some people use hobbies to relax. Popular hobbies including scrap booking, […]
Are You Ready to Start Your Dream Business in 2014?
A New Year is the perfect time to start planning your new life as a small business owner. But don’t quit your job just yet! You need to make sure that the entrepreneurial lifestyle is for you. It takes on average 12-18 months for a small business to break even, let alone replace your corporate […]
What it Takes to Create a Successful Company
Guest Post If you’re starting a business, I have some good and bad news for you. The good news is that this will be one of the greatest adventures of your lifetime. The bad news is that the odds of success are grim. Have plans for a tech startup? According to Henry Blodget, founder of […]
What is the Best Structure for Your Small Business?
Guest Article Choosing a business structure can be unnerving for the new business owner. After all, your business structure affects how you pay your taxes, how you pay yourself, and how much paperwork you have to deal with. Two of the most popular legal structures for small businesses are the LLC (Limited Liability Company) and […]
How to Go From Self-Starter to Self-Finisher
From time to time as SmallBizLady, I conduct interviews with small business experts that could benefit my audience. This is excerpted from my #smallbizchat interview on Twitter with Michelle Mangen @mmangen is a Virtual Assistant specializing in Accounting, Payroll, Excel and Social Media services. She helps sole proprietors and small businesses by reducing the amount of time they spend […]
Could Franchising Be For You?
Franchising is a great opportunity to take a proven business model that has produced financial success and run it as your own business. While there are many wildly inaccurate statistics about success rates for franchises all over the internet, in general “a franchise is a lower risk proposition than investing in a pure start-up,” according […]
Are You Ready for 2010?
The economy is on the rebound, but the nature of business has changed. Is your small business repositioned for 2010? October and November is the perfect time to start planning for how you will kickoff the New Year. It’s not about making it through the recession; it’s about coming out of this recession with a […]
Do You Need A Business Plan?
Every week as SmallBizLady, I conduct interviews with experts on my Twitter talk show #SmallBizChat. The show takes place every Wed. on Twitter from 8-9pm ET. This is excerpted from my recent interview with @TimBerry. Tim Berry is president and founder of Palo Alto Software, founder of bplans.com, and a co-founder of Borland International. He built […]
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