Day: March 13, 2022

Starting a new business

7 Important Things to Do Before Starting a New Business

The time is right: you’ve got your business idea, you’ve got the time to invest in it, and you’ve got the drive. You might think that you’re basically ready to launch your new business, right? Wrong. If you are serious

Starting a new business

6 Important Things to Know Before Starting a Business

Have you developed a new product or want to offer your professional services? That’s great! But be warned: starting a business can be tricky. After all, there are many selections to consider, like your business name, logo, and even slogan.  

Business Finance

7 Financial Considerations to Make When Starting a New Business

Are you a future business owner looking to start your own business? You have a clear business idea and have your 4 Ps down on paper. Have you created your financial plan yet? There are lots of financial considerations to

Marketing

9 Marketing Mistakes to Avoid When Starting a Business

Marketing can make or break your new business. Your marketing strategies must send a message that customers need what you have to offer. Too many small business owners jump into marketing blindly, without understanding their goals or which tactics to

Business Finance

7 Budgeting Mistakes to Avoid When Starting a Business

Starting your own business can be one of the most lucrative endeavors that you pursue. And, it also comes with a type of freedom that’s difficult to obtain through other occupations. As you may expect, though, you won’t get very far without

Business Finance

6 Tips to Create Successful Financial Projections for a New Business

It’s no secret that starting a business is one of the most difficult tasks that you can undertake. In fact, approximately 50% of small businesses fail within their first five years in operation. Fortunately, having a strong financial plan can ensure that

Starting a new business

Why New Business Owners Need to Create Financial Projections for Their Business Plans

When it comes to business plans and financial projections, some sources state they are not worth the time or effort. One old study even concludes that there is no “compelling reason to write a detailed business plan.” While this might be what many

Starting a new business

8 Mistakes New Small Business Owners Make and How to Avoid Them

After a long road, you are finally here. You’ve opened a new shop, set up your website, or started to promote your services or products on social media.  But will you be successful? In fact, will you even make it past