One of the important questions when starting a business is finding the right legal structure for that business — and understanding the tax implications of that legal structure. Here is one question from one of our readers sent via our Consult Your Guides service: Q. I have three small business operating as corporations and my [...]
Follow @powerhomebiz9 Killer Mistakes to Avoid When Starting a Business
What are the common fatal mistakes when starting a business? According to Ed Hess and Charles Goetz, authors of the book “So, You Want to Start a Business? 8 Steps to Take Before Making the Leap,” you need to avoid the following mistakes if you want your business to survive and have a chance at [...]
Follow @powerhomebizArticle Marketing and How it Impacts Search Engine Rankings
I attended today a 2-hour Google Webmaster Event (“Tricks and Treats”) hosted by several Google employees and attended by 400+ webmasters around the world. After the presentations, participants can ask questions for Google employees to answer. Being in the business of information publishing, one question caught my eye — that of article marketing and its [...]
Follow @powerhomebizAdvantages and Disadvantages of Selling on QVC Home Shopping Network
If you want instant — and HUGE — exposure for your product, check out home shopping networks such as QVC. If you’ve got the right product, QVC can be an excellent distribution channel. QVC has been instrumental in the success of many products. Footless hosiery Spanx first appeared in QVC in May 2001 and sold [...]
Follow @powerhomebizStarting a Business: Pursue Your Passion
One way to start your business is to find your passions, and build on the things you are passionate about to create a successful business. Diane Dreher, author of the book “Your Personal Renaissance: Twelve Steps to Finding Your Life’s True Calling” defines passion as the “collection of innate talents that drive them.” But can [...]
Follow @powerhomebizHow to Sell to a Big Company
Selling your products or services to a big company can be a huge boost for your small or home-based business. Imagine Wal-Mart carrying your product or Carlson Group hiring you to train their employees. That would be a great accomplishment! However, it is not easy, especially if you are just a new company without a [...]
Follow @powerhomebizContent Rich: Writing Your Way to Wealth on the Web
Success on the Web starts with the quality of your content. It is your content that engages the visitors, and turns these visitors to buyers for ecommerce sites. Your site’s traffic depends on how well you write your content, and how well you understand what search engines look for in a site content. One common [...]
Follow @powerhomebizHow Can a Small Business Provide Excellent Customer Service
In this economically challenging times, excellent customer service becomes even more important for home-based and small businesses. Excellent customer service can help you retain the customers you need to keep your business afloat, or with a lot of good luck and great strategy, even thriving. But how do you know if you are providing the [...]
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