Some of the biggest conglomerates today started small. Microsoft started in Bill Gates' garage; and so did Apple, which was started in the garage of Steve Wozniack. Mark Zuckerberg started Facebook in his dorm room, and so did Michael Dell when he started Dell. Mattel was also started in the garage of designer and co-founder Harold Mattson, while Google initially operated in … [Read more...] about How to Grow a Small Business into a Multi-Million Dollar Venture
Innovative Ways to Market a Restaurant Business
This morning Tom Martin was the plumber; by mid-morning he was the accountant. All afternoon he was busy doing research and development and ended his work day concentrating on purchasing. Like many small business owners, Tom Martin wears many hats on a typical day as a restaurant business owner. Despite all of his responsibilities as the owner of Taco Box restaurants in … [Read more...] about Innovative Ways to Market a Restaurant Business
What You Need to Know When Starting a Retail Store: Tips to First-time Retailers
Are you dreaming of having your own store? There are a lot of things that you need to understand before starting your retail store. Opening a retail business is more than just leasing a store, putting in shelves and creating your display. Here are some things you need to know when starting a retail store: The store owns you, not the other way around. Once you post those … [Read more...] about What You Need to Know When Starting a Retail Store: Tips to First-time Retailers
Cost of Opening a Retail Store
How much will it cost you to start the retail store of your dreams? Getting this number right can help you gauge whether you can really afford to start and successfully run a retail store. Unlike a home business, starting a retail business requires significantly more capital, more so if you want to locate your store in a high-traffic area. Given the significant investment … [Read more...] about Cost of Opening a Retail Store
8 Tips on How to Keep Your Home Business Legal
For many home-based business, one challenge is to keep up with the myriad legal requirements. Here are tips on making sure that your business meets all the legal requirements of your area: 1. Know the rules affecting your business Before you start your home-based business, find out what government regulations specifically apply to your type of business. You may not be aware … [Read more...] about 8 Tips on How to Keep Your Home Business Legal
What to Do If You Are Audited by the IRS
"You are being audited ..." Words that can strike fear into the hearts of the bravest, most stable and level-headed adults. A federal tax audit is a fearful thing to most of us - and with reason. Instinctively, we know an audit will take time, create frustration, and cost us money. It will make even the most intelligent and honest of us feel inadequate, dumber than a doorknob, … [Read more...] about What to Do If You Are Audited by the IRS
Leaflet Distribution as a Means to Advertise Your Home Business
Leaflet or Circulars distribution is one of the low-cost ways many small and local businesses advertise and spread the word about the products and services they offer. You can have some leaflets printed rather low-priced and distributed in the neighborhood and in the local community. The response rate can be anywhere from 1% to 5%, depending on the quality of your copy and … [Read more...] about Leaflet Distribution as a Means to Advertise Your Home Business
How to Make Money with Drop Shipping in 2016
Drop shipping has made selling online easy. It allows you to start an online business without investing capital in inventory and warehouse. But the ease it provides is a double-edged sword: since it is relatively easy to start a drop shipping business online, many online retailers use the model, making competition extremely tight especially in big markets such as Amazon and … [Read more...] about How to Make Money with Drop Shipping in 2016
Advantages and Disadvantages of Drop Shipping
Drop shipping is an ecommerce business model that allows you to sell products from your store without investing capital in inventory, warehouse and fulfillment. When a customer buys from your online store, the product is shipped instead from the vendor. You – the retailer – will fulfill the order by letting your vendor or their warehouse know the customer address or preferred … [Read more...] about Advantages and Disadvantages of Drop Shipping
6 Ways to Make Your Small Business More Productive
Finding new ways to improve the productivity of your business should definitely be your top priority. As entrepreneurs, we need to work smarter, not harder. Most small business entrepreneurs complain that work seems never-ending, yet there is so little time. Here are 6 strategies that you can use to improve productivity and take your business to the next … [Read more...] about 6 Ways to Make Your Small Business More Productive
