Blog posts tagged with "Startup Business"

Pros and Cons of Starting a Crowdfunding Campaign

August 07, 2018
Crowdfunding as a concept has existed for centuries, but it has only recently become a popular way to finance business ventures. Through crowdfunding, you can attract relatively small investments from a large number of people, usually through the internet.

Scaling Your Business: 5 Ways to Smoothly Go from Solopreneur to Team

August 06, 2018
Many successful ideas started with a single visionary looking to make a large impact. Still, somewhere along the way, more hands are necessary to help build that dream. Every solopreneur must go through the process of assembling a team of talented professionals who can bring their business to the next level. This transition can be a little tricky, and sometimes awkward, so it’s important to properly prepare yourself before you start your hiring process. Keep reading to find out five ways that you can go from a solopreneur to the leader of a growing team!

One Man Show? How to Run a Successful Independent Business

July 27, 2018
Running a business by yourself is extremely difficult. You’re responsible for every task – from marketing, to financial management, to customer service. Although it can seem impossible, there are many independently run businesses in the U.S., and these entrepreneurs have been able to grow their operations without the help of a team.

How to Turn a Side Hustle into a Lucrative Business

July 25, 2018
With the rise of social media, digital technology, and networking marketing companies, there’s no shortage of options for people to start a side hustle. You could join a network marketing company (Rodan and Fields, Plexus, Advocare, LuLaRoe, etc.), start an eCommerce store, or do freelance jobs like writing or graphic design.

The Pros and Cons of Buying an Existing Business

July 18, 2018
Starting a small business can be a rewarding opportunity. You can pursue your entrepreneurial dreams, and build a successful company from the ground up. Still, this isn’t for everyone. Rather than starting your own business, you could instead purchase an existing one. Buying an already established business will allow you to avoid the often painful startup period, while still allowing you to run a business.

6 Helpful Tips for Future Restaurant Owners

July 09, 2018
There are numerous factors to consider before opening a restaurant. It can be a challenging process that takes a lot of preparation and hard work, but it can also be extremely rewarding. If you have plans to open a restaurant in the future, here are some important things you’ll need to know before opening your doors to customers.

6 Effective Tips to Save an Emergency Fund as an Entrepreneur

June 12, 2018
Starting your own business is a risk – but, of course, you know that. Along with leaving behind a steady paycheck, you might have to get small business financing and take on debt to endure startup costs and certifications, plus fund your day-to-day operations, purchase inventory, and pay rent. That doesn’t even account for potential economic or industry volatility – neither of which you can control.

Entity Evaluation – Is Your Corporate Structure Satisfying Your Business’s Needs?

June 08, 2018
In our complex and modern economy, U.S. laws permit numerous ways for business owners to set up their businesses. In this article, we’ll review the most common options for small business owners either looking to start a business or are considering a change of business entity. This list is by no means exclusive, so if you have a business entity structure that works for you, let us know how you’re organized and why you prefer this type of structure!

4 Reasons You Shouldn’t Use Your 401k to Start a Business

May 16, 2018
If you’re thinking about starting a new business, you’re probably considering different ways to secure funding. In order to avoid the costs of a loan from a bank or the Small Business Administration (SBA), many new business owners choose to start their business with whatever wealth they already have.

Pros and Cons of Coworking Spaces

May 15, 2018
Coworking spaces are becoming increasingly popular amongst individuals who work remotely or are self-employed. With more of these spaces popping up in cities nationwide, you’re likely to find one in your area. If you’re considering moving your small business to a coworking space, review our list of the pros and cons of coworking spaces below. Although group work settings aren’t conducive for everyone, it might be the right decision for your business!