Tuesday, April 11, 2017

8 Things Every Startup Needs to Know




The startup phase of your new business is likely the most exciting and exasperating time you'll experience over the life of your new enterprise. Nothing beats the magic of creating something new from scratch, overcoming the naysayers and obstacles in your way. But equally, nothing is as frustrating as running headfirst into a wall — which, some days, it feels like you're doing repeatedly when all you want to do is move ahead.
From the vantage point of someone who's been through the startup stage several times, here's what everyone contemplating their own business startup should know.

Saturday, April 8, 2017

Best Small Business Ideas to Prosper in Tough Times



Belt tightening is always bad news for small businesses. But small businesses do not suffer equally in tough economic times; while some will be hit severely, other small businesses will only experience a slight dip and still others will actually prosper.

So when you're looking for small business ideas, whether because you want to invest in one or because you want to start a small business of your own, the state of the economy will play a significant role in your decision.
Here are what I think are the best small business ideas for small businesses to start or invest in tough economic times.

Tuesday, March 28, 2017

The Worst 10 Mistakes When Starting a Business



If you want to start a business, read through the following list of business mistakes and take them to heart. Any one of them could sabotage your new business venture and turn it into a failure rather than a success.
These are the big mistakes to avoid when you're starting out:

1) Not doing a business plan.

If I had even just fifty cents for every time someone asked me “Is this a good business idea?” over the years, I’d be a wealthy woman.
The problem is, unless I write a business plan, I have no idea – and you won’t, either. That’s the main purpose of a business plan. There are other good reasons, too; see 5 Reasons for Writing a Business Plan to learn more.
Yes, it’s time-consuming and demands a lot of research, but investing time now will save you so much time and money later.