Financial, management, and business advice for entrepreneurs.
Managing your business requires you to make dozens of decisions every week, and growing your firm can be overwhelming. There are many aspects of managing a business, including the need to manage client relationships, keep your employees happy, and deliver a quality product or service. Finance may be the most challenging area of business management, […]
Many people are working as a freelancer these days, and a number of these professionals will stick with freelancing for the rest of their careers. Freelancers enjoy the flexibility that allows them to work where they want, when they want- and to choose work that is interesting. But there’s a big challenge: you have to […]
Imagine you spend months, maybe even years, developing a new product. It’s something you’ve poured your heart and soul into – not to mention a fair amount of cash. You’re excited to release it, hoping that the sales will fly so high that dollar signs appear in your eyes. But, when the product gets released, […]
Business owners need to get their budgets right to succeed. Nevertheless, this is something that most leaders tend to get wrong. The vast majority of projects tend to go over budget, and this can really hurt a company’s profitability. It is, therefore, of little surprise that this is often an area of focus for […]
A legal issue can happen to any business owner. Your business may never be accused of negligence, malpractice, or wrongful employee termination. However, it’s important that you protect your company from these risks, because the financial impact can be huge.
You may be old enough to remember David Letterman’s Will It Float? skits. Letterman would toss an object into a huge tank of water to see if it would float. There was music, dancers, and other fanfare to make it seem like a big deal- the skit was performed for years. This brings up another […]
A majority of new businesses fail. Why? Lots of reasons. Maybe the product or service isn’t attractive enough to motivate people to buy. Businesses also fail because owners don’t manage growth well. However, the biggest reason for a business failure may be financial- and you can take steps to avoid the problem. Here […]
Career paths can be very different. Some people have the same career for their whole working lives, but many people change career paths at some point. It can happen naturally, without you really making an effort to change, but sometimes you need to find a new direction. Here’s how plan for a career change: […]
Succeeding as an entrepreneur requires you to do two difficult things at once. First, you have to manage and grow your business, and that includes creating a great product or service that solves a problem for your customers. You have to deliver a quality product or service on time, market your services, bill your clients, […]
Starting your business is exciting. Having your website created, designing your user experience, setting up your invoice system, and cloud storage are just some of the things that need to be done. And if you’re a brick-and-mortar business, you’ll be in your store fixing up the decor, connecting the cashier systems, and stocking inventory on […]