Protecting your home-based small business takes planning. Even if you live in a relatively safe and peaceful community, your company is still at risk. Indeed, the greatest threat to your business is not a physical break-in and theft, but a virtual one. That is why you must protect against both forms of intrusion. Here are a few practical measures you can take to protect your … [Read more...] about Practical Security Measures for Home-Based Business
Being an entrepreneur is not easy, and you may find yourself committing mistakes along the way (some more severe than others). Worse, you may even face failure. Unfortunately, that's what entrepreneurship is all about -- the ever-present risks and the potential for mistakes. David Finkel and Diane Kennedy in their book The Maui Millionaires for Business: The Five Secrets … [Read more...] about The 10 Biggest Business Mistakes of Entrepreneurs (and How You Can Avoid Them)
It is quite challenging and equally tough to survive on erratic income. Practically speaking, it is doubly difficult to survive on a really inconsistent income plus on top of that, when you need to divert back all that money into your startup, things could get really dicey. You need to make sure that you do not sink deeper into the debt trap, you must, therefore, develop … [Read more...] about How an Entrepreneur Can Become a Millionaire Despite Debt Scares
Being a small business offers some distinct and impressive advantages. Learn the 8 advantages of small business and how to get the most powerful benefits from your inherent advantage in size. Read the full article 8 Advantages of a Small Business … [Read more...] about What are the Advantages of a Small Business vs Big Business?
Initiating a business by yourself is no easy task. Even though the prospects of an enterprise may seem rosy when you start out but quite a number of issues arise. The effects of these issues can be classified from mild to severe depending on the ability of an owner to handle the situation. Knowing how to handle problems is a skill every entrepreneur must strive to have. How … [Read more...] about How to Overcome Challenges Faced by Entrepreneurs
So, the time has come to start thinking about moving to another state. There are millions of people relocating at this very moment, and millions of reasons for doing so. Some people want to be closer to their family. Some are just searching for a better lifestyle and want to lower their costs of living. And, maybe, some have fallen in love with another state or someone who … [Read more...] about How to Move and Start Your Business in Another State?
Though many people enjoy using social media on a personal level—roughly 2.62 billion to be exact according to Statista—these types of platforms can often feel like more of a headache from a business standpoint rather than something fun. However, just because social media isn’t always easy to use for business purposes, this shouldn’t stop you from using it because it … [Read more...] about How to Overcome the 4 Most Common Social Media Challenges Faced by Small Businesses Today
Photo by Melinda Gimpel on Unsplash Setting up a home-based business has become a trend these days. With the continuous growth of internet technology, more and more people are seeing it as a great and convenient way to up their financial needs. But like any other business, working home-based also has its own risks. For instance, managing wealth can be tricky, especially if … [Read more...] about Why Your Home-Based Business Needs an Asset Protection Lawyer
Starting a business can be a daunting task. There are so many things to think about and, unfortunately, so many things that can go wrong – it’s a risky decision. No longer are you being told what to do, and how to do it – all of the decision making and responsibility lies with you. Start-up businesses come with their own challenges, and we thought we’d prep a list for you so … [Read more...] about Challenges Small Businesses Face in 2018
Like many adventures, taking a headfirst dive into a shiny new small business involves taking a big leap of faith. The risk involved in opening the doors to such an endeavor is often the biggest roadblock that prevents lots of entrepreneurs from moving forward. The good news, though, is that there are a few basic measures you can put in place to reduce risk and give yourself … [Read more...] about 5 Tips to Reduce Risk When Starting a Small Business