Category: Starting a new business

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

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