Home Business — who would not want to work in the comfort of their respective homes? Aside from saving money on expensive office rental, home-based businesses enable you to work flexibly. In this case, you have more quality time with your family. At home, you own your time. But are you really in control of everything? Home is a safe zone for you, but is it for your … [Read more...] about 5 Reasons Why Most Home Businesses Fail
Business Failure
5 Warning Signs Your Startup is About to Fail (and Here’s What to Do About it)
Most startups begin with a dream that transforms into an idea and later, a business. For the better part, entrepreneurs have their ideas figured out. They know the amount of capital, team members, and even the audience they wish to target. But along the way, things change. It is estimated that up to 90% of startups collapse in the first year. There are various reasons … [Read more...] about 5 Warning Signs Your Startup is About to Fail (and Here’s What to Do About it)
Tips for Avoiding Wasting Time and Money in Your Home Business
One of the reasons home businesses fail is not having enough money to keep it going. First-time entrepreneurs often underestimate expenses, count on income too quickly, and spend on items they don’t need. Here are common areas where home business owners waste money and tips on how to avoid the financial pitfalls of entrepreneurship. Spending too Much Time on Start-up and … [Read more...] about Tips for Avoiding Wasting Time and Money in Your Home Business
Your Business Isn’t Failing; You’re Failing Your Business
Despite your big dreams of entrepreneurship - despite all you did to raise the capital, to attract the talent, to increase visibility and to build a strong and successful business - it looks like your business is failing. Like it or not, it’s probably your fault. Though sometimes businesses fail due to genuinely chaotic market forces, more often, businesses fail because … [Read more...] about Your Business Isn’t Failing; You’re Failing Your Business
Turn a Failed Business into an Opportunity
It’s happened. You took your chance at the dream business idea you had, and it didn’t work out. Sometimes, it’s a matter of the wrong place and the wrong time, perhaps you were hit with a crisis you couldn’t recover, or maybe your idea had flaws you didn’t see at first. Regardless, you may feel like you’re in limbo, but bankruptcy may give you the means to move onwards. Know … [Read more...] about Turn a Failed Business into an Opportunity