Starting a new business requires start up money and while you may have a portion of the money you need you’ll likely need to find funding for the balance elsewhere. There are a number of sources available to you. Small Business Grants: Entrepreneurs generally have limited funds and their access to capital can be significantly stifled. There are a number … Continue reading
If you are planning to start a new business, you will need to create a business plan. Business plans can be extremely complex, but for most small businesses, this simplified business plan will be sufficient. Your business plan will answer many questions and besides yourself, lenders and investors will want to see your business plan. The order in which you … Continue reading
If you are planning to start a business and you are going to be looking to investors or banks for all or part of your capital be prepared to show the lenders that you understand the industry you are planning to compete in. Many entrepreneurs don’t recognize that no matter what happens in that industry it will affect your business, … Continue reading
Let’s be honest – at some point in the life of your business, you’ll face that one challenge that sends butterflies through your stomach. You may be successful but in order to stay that way you must maintain profits or increase profits, and in today’s tough economic times, you may be a little worried about how to grow your business. … Continue reading
It’s the dream of just about every entrepreneur – to take their business into a new market. It’s a continuous game of exploring new business opportunities to expand beyond where your current market entry strategy exists. Expanding into a new market takes a great deal of work and energy, as well as a number of other important factors that will … Continue reading
If you’ve decided it’s time to move into the world of being an entrepreneur you have two choices – starting a new business from scratch or you can buy an existing business. There are a many reasons why busing an existing business why many lean towards purchasing an existing business, but you must remember that when you buy an existing … Continue reading
Any business you buy, or start from scratch, should fit your goals, lifestyle, and skills. Before you start looking to buy a business, consider what it is you can bring to the business, and what it is you want to get back in return. Make a list of the things that are important to you. Be honest and look at … Continue reading
Today’s business has many tools they can utilize to streamline their business. Thanks to the internet targeted advertising has never been easier. It’s time you learn how to fine tune your email marketing campaigns for maximum effect. Value vs. Frequency Communication flow should always be kept alive but there’s a difference between receiving value in an email and it becoming … Continue reading
Many factors play into how effective and efficient any business is. You have big plans for your business, competition that keeps you moving forward, growing your business and sometimes this all becomes so unmanageable that the business fails. It doesn’t have to be that way. These 5 simple things will make your small business run effectively and keep you in … Continue reading
Whether a business is successful and wants to expand, or a business is struggling and looking for a way to improve sales, the question ultimately becomes whether to add a new product. How do you know if that’s the right decision for your business? Before you can answer this question, you need to walk in the shoes of your customers. … Continue reading
