Category Archives: Small Business

4 Tips for Running a Small Business

There can be something extremely rewarding about being an entrepreneur and running your own business. However, there can be a lot of headaches and responsibilities that go along with it. According to the Small Business Administration, roughly 50% of all businesses fail within the first year. This is precisely why it’s important to take note of the actions you can take to minimize this failure rate and to maximize your personal success.

Create a Business Plan

First and foremost, any new business owner should create a business plan before they do anything else. This will outline your entire plan for starting and running your business. This includes everything from how to raise capital to fund your operations, the number of employees needed, the prospective clients you want to reach and how you plan on reaching them. Having a carefully thought out plan will allow you to minimize unplanned expenses that can be detrimental to many small businesses.

Have the Right Infrastructure
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Tips to Build an Effective Consulting Business

Tips to Build an Effective Consulting Business

Who is a consultant in the first place? A consultant is a professional who gives expert advice in any particular field. After you’ve got yourself the required certifications and special licensing, you can start your networking process and gather yourself some clients. Follow the following tips to start and run a killer consulting business: Your… Continue Reading

Why Do Most Startups Fail?

While most business leaders preach about how you should follow you dreams and start your own company instead of working for someone else, helping them build their dream, while they pay so some decent remuneration, what is the real deal about startups? With so many young entrepreneurs and with so many new products in the… Continue Reading