Owning your own business may sound fun and exciting. At certain points, particularly after a lot of hard work, it is. The road to entrepreneurial success is usually paved with several common challenges. Here is a look at five of the toughest things about own your own business. Being the Boss Being the boss is […]
Don’t Forget to Do the Math: Know Your Numbers
Specific reasons why small businesses fail are as unique as the businesses themselves, but there are some commonalities that explain many small business failures. In some cases, it’s easy to see the problem: there isn’t enough demand for what the business produces at a price that will generate a profit. In other cases, problems aren’t […]
Top Concerns for Millennial Entrepreneurs in 2016
Every business owner has issues, no matter what their age, but I wondered: what are millennial entrepreneurs worried about this year? There are certainly a large number of business owners born between 1980 and the mid-2000s, which would make them between 18-34 years old. When you launch a business, there are many things to worry […]
7 Ways to Promote Your Small Business Using Video
There’s no denying the power of video when it comes to marketing your business. After all, people can consume videos while they’re working, walking, or commuting, and many people prefer to get information this way over reading a blog post. If you’re not yet using video to promote your small business, I encourage you […]
How to Find the Perfect Business to Start
I get asked a lot by wannabe entrepreneurs: what business should I start? Often people really want to go into business, but they don’t know which direction to go. Some people want an instant formula for small business success, but the answer is: It depends. Entrepreneurship is as different as the people who run […]
Do You Have the Right Team in Your Small Business?
As you grow your small business, it’s essential that you have the right people on your team to help you run your business. The better aligned all your staff is with your company culture and values, the more efficiently you can all work together to move forward with your business. You also need to make […]
How to Save Money to Start Your Dream Business
If you follow this blog, you know that I preach that you must start saving aggressively while you are planning to start a business. I am always thrilled to hear about ideas people have for a business, but the bottom-line is people who have savings/assets have options for starting a business. No savings = No […]
5 Tips for Small Business Owners at Tax Time
It’s tax season and if you operate a small business, it can be an even more stressful time, especially during the first year or two after starting your company. What many people don’t realize is that there are actually a lot of tactics that make tax time a little easier, and even work in your […]
How to Think, Execute and Dominate for Your Dream and Business
Every week as SmallBizLady, I conduct interviews with experts on my Twitter talk show #SmallBizChat. The show takes place every Wednesday on Twitter from 8-9 pm ET. This is excerpted from my recent interview with Walter Bond (@WalterBond). Walter is an authority on peak performance. Walter has delivered his entertaining and dynamic message to companies and […]
How to Hire a Salesperson
Selling more of your product or service is the single surefire way to ensure the success of your small business. But how can you do that if you either a) don’t have time to commit to nurturing new sales or b) you have a fear of selling? This is a New Year and often small […]
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