Marketing is one of the most vital aspects of a business. Not only does it portray your brand image, but it also connects you directly with your target audience. While companies can experience difficulties with their strategies, small businesses have a more complex situation. With limited resources and a small following, it can take a long time before they see any … [Read more...] about 5 Common Marketing Challenges Your Small Business May Face
Home Business Mistakes
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
5 Home Business Mistakes to Avoid for Entrepreneurs
Owning a small business is rewarding and fulfilling, but it also can be stressful and frustrating. As a new business owner, you are going to make mistakes, some that are small and easy to correct, and some that are large and can affect your business success. While making mistakes isn’t something you can avoid entirely, you can minimize your risks by learning from the … [Read more...] about 5 Home Business Mistakes to Avoid for Entrepreneurs
5 Money Management Mistakes that Small Business Owners Make
With the need for flexible working and an attractive work-life balance, the thought of starting your own business and ‘being your own boss’ continues to be the dream for many budding entrepreneurs. However, considering that 30% of businesses fail in the first year it can sometimes make potential business owners apprehensive about getting into their chosen sector. This is why … [Read more...] about 5 Money Management Mistakes that Small Business Owners Make
First Business Fouls Make Second Business Successes
Starting your own business is always risky. You could copy step-for-step the actions of a successful enterprise and still fail to make it to your second year. If you have suffered an entrepreneurial disappointment, it might help to remember that over 50 percent of small businesses go under before their fifth anniversary. Not every business idea is a home run — or even a base … [Read more...] about First Business Fouls Make Second Business Successes