8 Ways to Reduce Your Risks When Starting a Business

Risks and entrepreneurship are like two peas in a pod: they go hand-in-hand together. The key is for the small business owner to anticipate the risks and understand what could possibly go wrong.

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How to Successfully Start a Small Business

You start a business with the hope of seeing it succeed. Whether your goal is for your business to become the next buzzword or to just earn enough to support your family, you put a lot of passion, time, money and resources to the business. Here are twelve factors that are important in creating and building a successful start up business. 1 – Develop a clear short and long term vision for your business. Your vision will give you purpose, and help you keep focused, on what you want the business to achieve. Your vision will help your clients understand,

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How to Convert a Sole Proprietorship to an LLC

I currently have a business structured as a sole proprietorship. I work full-time and my husband runs the business. How do I know when to convert from a sole proprietorship to a corporation or an LLC.

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How to Manage Your Time Efficiently

Life for a business owner is hectic. You’ve only got 24 hours, yet you’ve got a thousand and one things to do. The only way you can be productive and get things done is to be efficient with the way you manage time. Here are strategies to manage your time:

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How to Overcome Your Fear of Starting a Business (Video)

We’ve prepared a video version of the article “10 Ways to Overcome Fear When Starting a Business”. Overcoming your fear is one of the most difficult hurdles of starting a business. Starting a new business is such a leap of faith, that it can scare the wits out of you, more so when you are leaving the comfort and security of a steady paycheck. Watch the video and let us know what you think. Don’t forget to subscribe to the PowerHomeBiz channel in YouTube

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The No BS Guide to Getting on TV

Getting in TV is one of the best ways of generating publicity that increases your brand awareness, your credibility as an expert, get more clients, and increases sales. Yet, it is not easy if you don’t know how to craft a pitch that is tailored perfectly to meet the needs of the show. Many business owners make the mistake of drafting the same pitch to various TV shows; however, that’s a no-no because no two TV shows are the same. Each pitch has to be tailored to match what the TV producers are looking for. Furthermore, a TV pitch letter

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Closing a Business: What You Need to Do

Closing a business is part of the process of entrepreneurship. Whatever the reason, there are a number of things you need to do before you can wrap things up. Learn some checklists for closing a business

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How to Start a Home Business: 10 Things You Need to Know

It’s New Year, and I hope that everyone is ready for all the thrills and challenges of starting and running a business in 2010 .  For me, one of our strategies this year is to create multimedia repurposing of our content, from PowerPoint presentations to videos. Our first video product is the video version of the article “10 Things You Need to Know When Starting a Home Business” by George Rodriguez. Making the decision to start a home business is just the first step (and for many, that is the easy part). Deciding on what to start and how to start the business

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Using Twitter for Your Small Business

Following the post “20 Tips on How to Use Twitter for Your Small Business” I’ve prepared a PowerPoint presentation that expands and illustrates the tips I’ve made in the article. This presentation includes examples of how some users are setting up their Twitter IDs and names to increase their visibility on Twitter and more easily gain followers.  Also included are some examples of the types of content some small business users posts on Twitter. The presentation contains: Understand What Twitter is All About Set Your Goals for Using Twitter Consider Carefully What Your Twitter ID Will Be Twitter IDs of Small Business

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The 12 Small Business Phone Tips ‘Til Christmas

Ah, the holidays. That wonderful time of year when families gather ‘round the fireplace to drink a little eggnog, trim the tree, and experience the joy of being together. For most of us, the holidays are also a very hectic time of year. Especially the 12 days leading up to Christmas. And that’s true even if you don’t happen to celebrate Christmas, because it still sets a very short deadline for getting business done since most of the business world seems to come to a stop from December 25 until around January 3. How do you reconcile the high-pressure needs

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20 Tips on How to Use Twitter for Your Small Business

It’s been a while since I posted “My Experiment with Twitter” . My number of followers has significantly grown during these past months: in May, I only had about 375 followers, and now I have 1,840. More than the numbers, however, Twitter has brought significant exposure to our home-based business. We got an offer to produce a radio show covering home-based businesses, which unfortunately we had to turn down. Traffic brought by Twitter is also good, bringing in visitors who are engaged to our content. I’ve also found several of the entrepreneurs we’ve featured on WomenHomeBusiness.com from Twitter. More importantly,

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Are You Missing Out on a Profitable Opportunity?

To succeed in business, you need to be constantly on the lookout for opportunities that can help advance your business and improve your bottom line. Unfortunately, one of the common mistakes of small business entrepreneurs is the failure to recognize opportunities that their customers demand, or those that can help expand their target market. Many are too focused on doing what they need to do everyday that they fail to recognize signals that can significantly grow their business. Take for example these two small business owners: A virtual assistant who frequently receives questions from both existing clients and email inquiries

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