Entrepreneurship is an exciting journey that often comes with financial pressure. Running your small business with a favorable cash flow position is a lofty goal for many new business owners. Achieving that goal exemplifies a healthy company. Having cash on hand gives small business owners a sense of security in the event of unexpected expenses. It also allows you to prepare to expand your business, and reinvest in your growth and future success.
External factors play a significant role in managing the finances of your small business. Market disturbance, lead flow, and future payments can all put the financial position ...Read More
Entrepreneurship is exciting, challenging, and rewarding. You get to be your own boss, set your own hours, and work on projects you are truly passionate about. To become a successful small business owner, however, positivity is key. As an entrepreneur, you dedicate 110% of your time, energy, and effort to your business. You eat, sleep, and breath small business.
Unfortunately, this may lead to burn out. It’s easy to get caught up in setbacks like a slow sales day, client complaints, or a milestone that you haven’t achieved. Persistence, perseverance, and positivity are key to becoming a successful entrepreneur. Here’s ...Read More
Does your dog have an entrepreneurial mindset? You might not think of Fido as the next CEO, but there's a lot he can teach you about becoming a successful entrepreneur. Check out these tips we've picked up from our furry friends on how to be the best small business owners we can be:
Overcome fear with love. Have you ever seen a shy, scared shelter dog come out of his shell and learn to love again? That's the attitude you should take when you become an entrepreneur. Don't allow the fear of failure stop you from taking risks. Allow the ...Read More
Steve Jobs said that “the only way to do great work is to love what you do.” Those immortal words have become the anthem of today’s entrepreneur. Love and passion for the work being done makes or breaks an entrepreneur. In today’s small business climate, those who succeed truly believe in the work they are doing. Turning your passion into profit has its own challenges: staying motivated, engaging your community, and securing startup financing can be overwhelming for new entrepreneurs. The good news is that if you have the passion, you’re already on your way to profit! Keep these ...Read More
Establishing a small business is hard work — even for the most industrious entrepreneurs. For instance, setting your company up legally, developing your brand, finding the best location, attracting customers and acquiring start-up financing can be a challenge. Occasionally after a business is up and running additional risks and problem can arise. To help newer companies avoid some of these high risk traps our team has put together a few tips and guidelines to promote continued to growth and success.
Work on the business, not in the business.
Initially, the long hours and late nights are inevitable when starting a new business. However, ...Read More