Do Student Loans Stifle Potential Businesses?

Approximately 50% of the American private sector is comprised of small businesses. But due to student loans, the American entrepreneurial spirit has suffered a hit and in 2016, CNN reported that US entrepreneurship has been at an all-time low for nearly 40 years.

College student starting up a business

According to a 2015 study done by Brent W. Ambrose, Larry Cordell, and Shuwei Ma, student loans can stop Americans from financing a startup and inadvertently hamper economic growth. The researchers say that potential business owners are encumbered by student loans that they longer have any way of borrowing more money. The student loan debt in the United States is now over $1.3 trillion.…

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International Business Trends to Look Out for Throughout 2018

It is very important for businesses to adapt to their market, but also to update their technology and business operations according to what the competitors are doing. Indeed, most industries are in such competitive environments nowadays that not keeping up with the current technologies, trends and innovative business models might put you out of business.

International business talk

New tools, apps, platforms and other kind of technologies allowing businesses to improve on their day-to-day operations by advertising more efficiently or saving more money for instance are created almost everyday, and keeping up with all of them might be a little challenging, however, knowing what will become popular on the market remain important if you would like to stay ahead of your competitors.…

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Virtual Office: Mail Service Only or Full-Fledged Service?

If you find yourself reading this, it’s likely you’ve been considering renting a virtual office for a while. Making the move to a virtual office is a decision that shouldn’t be taken lightly, just as you wouldn’t rent the first physical office your Realtor shows you. For all intents and purposes, the virtual facility you rent will be listed on your website, marketing materials, and government business registration profile.

Businesswoman working in a virtual office

Some CEOs rent a virtual office merely to legitimize the business, receive official mail, and have it forwarded from the virtual location to their actual location. However, that’s not all a virtual office service can offer.…

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How to Grow Your Business Through Online Education

The internet has allowed more people than ever to eschew traditional offices and desks in order to work remotely at their jobs. As a business owner, you may not have that option – your business probably requires you to show up in person and put in long hours every day. Fortunately, that doesn’t mean you can’t take advantage of the internet to help your business grow – by using it to get the education and skills you need to take your business to the next level.

Business owner taking online education

For many entrepreneurs, an online MBA program is a viable option to get a top-notch business education without neglecting their companies.…

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How to Strengthen your Personal Finance to Run your Organisation

Business operational

They say 90% of all startups fail. To succeed then, perhaps you should launch 10 startups?

Jokes aside, a major reason for startup failure is poor financial management (amongst other factors – such as a poor team or product). And often, such poor management is symptomatic of a bigger problem – poor personal finance habits. An entrepreneur in control of his personal finance is far likely to manage his organization well. This is why it is vital to follow some crucial good practices on the personal finance front – it translates into great results both on an individual and organizational level.…

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Why Your Home Business Should Have an Office

With more and more people deciding to work from home or starting up their own business venture, the idea of working at an office seems to be fading. Why wouldn’t it when you can work from the comfort of your own home, hang out at a café and log on to their free Wi-Fi or anywhere else you can get work done?

Home business owner working at an office

However, depending on what type of work you are doing, having an office may actually be more beneficial to your business than you realize. Especially if you grow to the point of needed to hire a team, you’ll want a dedicated, organized space meant for your business.…

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3 Tips on Becoming Crypto Nomads

With technology offering even more ways for people to work away from their desks and offices, the term digital nomad has become prevalent for the past decade as the best way to make money while living life on the road. With only a laptop and an internet connection, millennials can work and get paid from any corner of the world.

Crypto nomad

But now there is an emergent wave of a new type of nomads – Crypto nomads. These people take the concept of nomading even further by trading in cryptocurrencies to fund their traveling lifestyle.

The invention of Bitcoin has made crypto nomading a reality.…

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Three Areas to Expand If Your Business is Ready to Grow

The oft-cited statistic that 90% of startups fail has been attributed to various factors, from not being able to carve a niche in the marketplace to lacking a solid business model. However, in a 2017 article, Entrepreneur noted that most of the reasons that the remaining 10% succeed are related to attitude and flexibility within their staff.

Business team meeting for business growth planning

In a sense, if your startup is lucky enough to be included in that ten percent bracket, you’ve found success. However, finding a way to continue expanding your small business after its initial flush of prosperity is the crucial next step to ensure its longevity.…

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Importance of Best Customer Experiences to Increase Your Retail Store Revenues

If your customers enjoy their experience while shopping at your store, then they will choose your store over your competitors. That way, you will be assured of loyal customers, who will keep giving you repeat business, thereby helping you increase your profits or revenues.

Helpful salesperson enhances customer experience

In this post, we shall check out some of the critical aspects of improving the customer experiences at the retail stores.

Train your staff about the importance of building customer relationships

The success of your retail store will depend on the repeat business from your customers. That is why you will need to emphasize on proactive engagement with your customers to improve their shopping experience.…

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FHA Loans for Small Business Owners

When you own a small business, the phrase “home sweet home” can also mean “business sweet business” as everything overlaps. If you have a home-based business or have money tied up in developing your startup, it can be challenging to get a mortgage.

FHA loans for small business

For small business owners, a Federal Housing Administration (FHA) loan is an alternative option to conventional mortgage plans. Those who don’t qualify for a mortgage may qualify for an fha loan. Here’s what you need to know about this option to determine if it’s the path for you as a small business owner.

What is an FHA Loan?

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