If you have ever wanted to be your own boss, starting a small business is one of the best ways to do it. You get to test out your own ideas, make your own products or offer services that can help the community that you serve. How can you manage your small business with confidence and authority and still be looked upon with a degree of admiration? (more…)
Unfortunately, many businesses can count on being sued at one time or another. Whether you’re a small business or a lone entrepreneur, at least one lawsuit in the life of your company is almost inevitable. Being prepared is always ideal, so read on to learn how you should handle this situation if it ever happens to your company. (more…)
If you look at the origin stories of many successful businesses, you’ll find that quite a few began in their founders’ homes. Converting a garage into a home office is a popular way to get a fledgling company off of the ground. When turning any garage into a business headquarters, be sure to complete these integral steps. (more…)
Small business owners have a variety of challenges when it comes to growing their companies or sustaining the levels of success that they have already reached. They may not have the financial or human resources available to advertise and advocate for their brand. However, just because a business may be small doesn’t mean that it can avoid compliance.
How can small business owners keep their companies in compliance with the law? (more…)
Many of today’s entrepreneurs find themselves in a constant battle against the corrosive realities of bureaucracy and red tape. While they try to focus on their strategic plans, new startup business managers often spend precious time struggling to keep up to date with ever-shifting regulatory requirements.
What follows is an examination of some of the many red-tape barriers that new business owners will sooner or later face and how to prepare for them. (more…)
It could be said that one of the reasons many businesses aren’t profitable is because making a business profitable isn’t very exciting. It often involves rather arcane things like spreadsheets, shaving a few cents a unit off manufacturing, making sure the temperature is set right, and so forth. It may also explain why so many businesses fail.
Profitability is not optional, especially in a small business. Here are some ways a 21st century business can maximize its profits in a difficult and challenging economy. (more…)
A good business owner wants to have the most effective security system to protect their investment, and there are a number of considerations to take into account when choosing the right type of security system. Everything from the location of the business, type of business, level of security required, access control, and more must be looked at in order to find the right tools to protect your assets and inventory. (more…)
Launching your business requires that you focus and pay attention to every detail. You must make sure that you have satisfied every last requirement of successful entrepreneurship to help your company not only get off the ground, but also survive well into the future. As you prepare to start your own business, you should include these important steps on your business startup checklist. (more…)
Taxes are one of those things every company has to take seriously. If you’re a new small business, you need to take careful and detailed records in case you are chosen by the IRS for an audit. Some industries are at greater risk for an audit, like the service industry, people who work out of their homes, and those who claim large deductions. Use the tips below to make this process a little easier for your startup. (more…)
