Not all entrepreneurs are prepared with a vivid business plan; meanwhile, some have a stellar scheme for success but lack that spark of an idea to get them started. If you fall into the latter category, you should consider leaning into one of the following 17 big business ideas prime for success in 2020. 1. Personal Training The global fitness industry is worth well over … [Read more...] about 17 Big Business Ideas for 2020
Can a small business learn ideas from a big business and adopt some of its top strategies after some modification? Absolutely! It’s understandable why this is not obvious. On the surface of it, the two kinds of businesses appear to have little in common. A small business is fairly limited in resources and influence while a big business has millions or billions, … [Read more...] about What a Small Business can Learn from Big Business
It is not uncommon for university students to start their own businesses to earn money. On the other hand, it is also not uncommon for business owners to go back to school for several reasons. Some do it to master skills that will make them better business owners. Others do it for personal reasons or to pursue a passion. What most business owners don’t realize is … [Read more...] about How to Balance Between Business and Education
This was one of the many rude shocks I learned the hard way: a profitable business can run out of cash and go bankrupt! Furthermore, fast growing businesses, even highly profitable ones, can continually run out of money and continually skirt with being forced into bankruptcy! Why does this happen? It generally occurs because your business is undercapitalized. In other words, … [Read more...] about Why Is My Profitable Business Going Broke?
Local businesses make their dollars from the community, regardless of the community size. Typically, the population correlates to the amount of competition. Sure, the more people you have in your town, the more opportunity there is, however, there’s often more businesses in the same field in bigger cities. Whether you’re starting your own PPC campaign or working with a … [Read more...] about How Sponsored Search Can Help Attract Customers to Local Businesses