Blog posts tagged with "Startup Business"

Bed and breakfasts are small home-like properties where guests can stay overnight and enjoy a home cooked breakfast. Research from Dun and Bradstreet found that there are approximately 17,000 bed and breakfast establishments in the U.S. and 3,000 of them have paid employees on staff. The industry is worth an estimated $3.4 billion globally and is continuing to grow.

Although the Internet is one of the most powerful marketing tools, you can’t dismiss traditional advertising, especially if your business has a brick-and-mortar location. In a MarketingSherpa study, 69 percent of its participants said they trust out-of-home advertising, such as billboards and signage. This is especially relevant if you own a brick-and-mortar location, because it’ll allow you to reach nearby patrons.

Looking to escape the 9 to 5 grind? If sitting behind a desk for eight hours a day doesn’t seem like your ideal work environment, you should consider starting your own business, based on your passions. You don’t need to be Elon Musk (or Ernest Hemingway) to escape the cubicle; all you need is a skill that people will pay money for. Don’t think you have one? You’ll be surprised at how your skills could be turned into lucrative business opportunities.

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.

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!

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.

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.

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.

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.

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.