One of the common questions of many small business owners — especially those running a service-oriented business such as plumbing, cleaning, landscaping — is whether they need to be bonded. Is insurance enough? Why do they need to get bonded? I’ve invited Kevin Kaiser, a small business compliance expert at nationwide bonding agency SuretyBonds.com to shed light on what is a surety bond, and why your small business needs to be bonded.
Follow @powerhomebizStartups and Surety Bonds: Does Your Small Business Have to be Bonded?
November 17, 2009 By 10 Comments
Common Mistakes in Starting a Business
June 23, 2008 By 2 Comments
I’ve previously written about the common mistakes of startup entrepreneurs in the article Top 10 Home Business Mistakes. However, it is also interesting to see what other authors and experts consider as the most common mistakes small owners make: Maria De Lourdes Sobrino, Founder and CEO of Lulu’s Dessert Corporation and the author of Thriving [...]
Follow @powerhomebizAvoiding the Common Excuses of Startup Entrepreneurs
April 25, 2008 By 1 Comment
Starting a business can be scary, exciting and daunting at the same time. That’s why it’s not uncommon to find those thinking of starting a business frozen in fear and making excuses: “Is this business really going to work?” That’s why you need to do research first before starting the business. It is important to [...]
Follow @powerhomebizHow Do You Survive Starting a Business?
April 16, 2008 By 2 Comments
Starting a business is tough. More so when things are heading south and not enough income is coming in that you have to dip into your personal resources to get by. The worst part, of course, is when your personal resources are almost depleted and you see nothing in the horizon that could change the [...]
Follow @powerhomebiz21 Common Mistakes of Home Business Startups
December 4, 2007 By 4 Comments
What’s the biggest mistake you did when you were just starting the business? The ideal situation, of course, is to go through the process of starting a business without a single misstep. Unfortunately, that doesn’t always happen. We sometimes trip; or even stumble; or worse, fall flat on our faces. Discounting complete ineptitude and bad [...]
Follow @powerhomebiz40 Best Business Tips for Home-Based Entrepreneurs
November 18, 2007 By 4 Comments
We all love great tips on how to increase our incomes, be more productive and generally make our lives easier. So how about 40 such tips? We’ve compiled tips, strategies and tactics from various magazines and books on different topics affecting the home based entrepreneurs. From choosing a home business to raising capital from angel [...]
Follow @powerhomebiz10 Biggest Business Blunders
October 18, 2007 By 1 Comment
The authors of the book The Maui Millionaires, David Finkel and Diane Kennedy, continue their exploration for amassing wealth in their new book “The Maui Millionaires for Business. The publishers sent me an excerpt of the book, which focused on how entrepreneurs and business-people can successfully solve wealth challenges. According to the book, here are [...]
Follow @powerhomebizChallenges of Working from Home
September 28, 2005 By 2 Comments
“I now believe you!,” a friend exclaimed to me the other day. “Working from home is HARD!” My friend’s husband just quit his top-level job to be a full-time consultant working from home. At the top of his list as the most difficult aspect of starting a home business is the part of working from [...]
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