An additional income is always welcomed. But the question is how to make that income. By launching a business venture, your dream project. But do you have enough personal funds to pursue your dream of starting an enterprise? No Money or shortage of money is a major logistical hurdle when you want to start a business. However, if there is … Continue reading
If you are a small business owner, you will definitely have competition from other small businesses as well as big businesses. Whether you are a new player or an established one you have to be wary of the existing competition from both upcoming and established players. Even if you are doing well presently there is no guarantee your small business … Continue reading
The road to success of any entrepreneur is never an easy one. The path to financial success is always long, slow and painful and never a cakewalk. However, as a small business owner becomes a success, there are a few things that he has to keep in mind to build a long-term, healthy and sustainable business. If he has already … Continue reading
Many of us may have impressive and incredible small business ideas. However, we tend to put them on hold because of lack of capital. We assume or rather presume that the formula for a successful small business should be something like this. A great business plan in place and a truckload of money to materialize the venture. However, the truth … Continue reading
There are some who like to read, and there are a few who don’t. The question is, do entrepreneurs read and whether they find time to read. If you look at the success stories of any small and medium sized business CEOs, they would have mentioned how certain books gave them the inspirations and ideas that they had used in … Continue reading
Hobbies are a great way to unwind and relax. People derive a lot of satisfaction and enjoyment by indulging in their hobbies. It is a good idea to make your hobby into your business. This way you will be doing something you enjoy and are passionate about while also making money and fulfill your business goals. However, running a business … Continue reading
Many people consider becoming entrepreneurs for varied reasons. Before venturing into business it is important to be aware of the associated risks. This will definitely help improve the chances of succeeding. As in life, in business also, entrepreneurs need to take risks. The challenge is to anticipate pro-actively all possible risks to emerge as financially successful, reputed, efficient and long … Continue reading
Time is money, an old adage holds very true for new and established business owners. Time is a valuable asset which cannot be leveraged by paying more. In today’s economy, it is very unstable and many business owners are forced to work long hours to keep their business afloat. Whether it’s a startup business or an established one, owners should … Continue reading
As a small business owner, acquiring and retaining customers is a major priority. However, many firms do not understand the importance and techniques of following-up in a business operation. Do you have an impressive number of leads but business does not materialize? This typical scenario repeats itself time and again. The cause is fairly simple – shortcomings in the follow-up … Continue reading
All of us have the same amount of time and busy small business owners are no exception. Some entrepreneurs manage to accomplish more than others within their similar time constraints. How do they do it? They simply have better time management skills. These skills can be learned and mastered over a period of time, similar to driving a car. To … Continue reading
