4 Key Factors on the Path to Maximizing the Value of Your Business

In business, maximizing value is the name of the game. When strategies clash, though, how are small business owners to know which path is right for them? Shareholders face novel problems today, including significant SKU proliferation, rapid technological evolution, cybersecurity threats, international trade wars, and the appearance of entirely new industries tangential to their own, among myriad challenges.

Business owners on the battlefield must navigate this shifting environment in order to maximize their value. A very basic framework to help think through these challenges is the “buy, hold, or sell” model. Specifically, at any given point for any decision, an owner or manager has only three options: buy (invest more), sell (divest), or hold (maintain the status quo).…

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Launch a Startup Today Using These 4 Tips

In 2019, there is more opportunity than ever to launch a brand new startup business, and this is definitely something you should consider. There is so much that can impact a new business, and becoming an entrepreneur is something that is becoming more and more popular among people. So, if you are serious about being able to launch the right business, you need to make yourself competitive.

Launching a startup

So many new companies are formed every year, and so many of them fail because they don’t get the basics right. There are a lot of things that you need to keep in mind these days, and making your business better is certainly something that requires a bit of work.…

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4 Tips for Successfully Running Your Business From Home

Working from home has become pretty common over the last decade. The growth of the internet, cloud technology, and mobile devices has made it practical and cost-effective.

Home based entrepreneur

But what about running a business from home? Is it a good idea?

The Challenges of Running Your Business From Home

There’s no sense in sugarcoating the topic. Running a business out of your house presents numerous challenges. Issues that are commonly encountered include:

  • Restrictions. It’s not always legal to run certain businesses out of your home. This is especially true in residential neighborhoods with HOAs that have documented guidelines, restrictions, and covenants.
  • Distractions.
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How an MBA in Marketing Can Help Your Entrepreneurship Efforts

In an era where almost every person has a basic education degree, it is mandatory to improve your marketing skills if you intend to succeed in entrepreneurship. One of the ways to do this is through gaining a post-graduate degree in marketing. Find details on how an MBA in marketing can help your entrepreneurship efforts in startups and already established businesses.

Entrepreneur learning marketing in MBA program

It provides the Education Entrepreneurs Need

While the undergraduate degree gives you basic knowledge on how to start up a new business, it takes more practical approaches for you to boost your entrepreneurship efforts. These you gain through a series of academic events that include case studies on the most effective strategies in your niche, all-round marketing that involves social media and online marketing, teamwork and leadership skills that work, and management of funds.…

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How to Combat Loneliness As a Solopreneur

When you first decide to strike it out on your own in the small business world, the excitement of starting your business can quickly fizzle into burnout. Everyone talks about the joys of maintaining your own schedule as an entrepreneur, but not many discuss the loneliness that can settle in fast. And if you’re a solopreneur dealing with the everyday loneliness of working alone, you’re not the only one.

How to combat loneliness as a solopreneur

To help you get through those days where being on your own doesn’t feel as exciting as it used to, we talked to entrepreneurs, freelancers, and therapists about the strategies you can use to avoid loneliness in your solopreneur career.…

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How to Launch a New Pipe Repair Business

If you want to start a new pipe repair business, you’ll want to start with the basics. The initial steps, aside from your training, which you’ll need to determine based on your state or province, is to incorporate your business. You can go through an attorney to incorporate, but there are plenty of online options.

Tips to run a new pipe repair business.

LegalZoom and the like will be able to help you incorporate your business quickly.

Why incorporate instead of running as a sole proprietorship?

  • You legitimize your business.
  • You limit your own personal liability.
  • You can easily transfer ownership.
  • You can issue then begin to issue stock in the business.
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Entrepreneurship: 3 Myths and Misconceptions About Starting Your Own Business

Entrepreneurship is alive and well in the USA as each month the number of entrepreneurs is growing. Whether a person just starts something small on the side for extra income, or quits their job and works at their business full-time, it seems like starting a business is a popular way to make money. It’s easy to see why.

Myths about entrepreneurship

When we think about starting a business, we think of the fact we can set our own hours, be our own bosses and be in total control of our lives and business. While this is the case for some and starting a business can be an awesome thing, it’s not all peaches and cream.…

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4 Life Lessons You Can Learn From Sharon Bush

Sharon Bush has proven herself to be resilient, generous, loving, and entrepreneurial despite life’s problems. Emulating her ability to overcome adversity and subsequently flourish, one can find valuable life lessons that will help them succeed.

Sharon has applied a variety of knowledge gained from her personal life experiences to become a well-known philanthropist and respected entrepreneur. You may think of her as just another every day entrepreneur, but her story offers many great life lessons that you can relate to and make use of on your own journey.

1. Build Resilience

After dealing with some personal struggles, Sharon soldiered on. Religion has helped her during her most challenging times.…

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3 Ways to Squeeze Every Penny Possible Out of Your Startup

If you’re looking at setting up a new business, the statistics for success are never great motivation. According to the Small Business Association, 30% of startups fail within their first two years, while 50% fail within five. After a decade, around two-thirds of all new companies will have closed their doors for good. Furthermore, the second most common reason for failure is lack of cash.

Why startups fail?

Managing expenses properly plays a pivotal role in the well-being of any company, but budgeting during the early days of your business’s existence forms the cornerstone of a healthy game plan for long term success. With this in mind, we’ve decided to highlight three easy ways of squeezing every penny, to ensure that your shoestring budget-run business has every chance of being a roaring success for many years to come.…

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4 Tips for Building a Better Blog

There was a time, not too long ago, that blogging was a novelty. But in just a little over 20 years, the concept has changed in a big way. Blogging has changed from being a way for individuals to stay connected to one another, into a multi-million dollar marketing opportunity for everyone — one that can benefit everyone financially from your 90-year old grandma, to Arianna Huffington of The Huffington Post.

blogging tips

Today’s blogs do more than act as personal web pages; they serve as profitable business ventures for corporations and individuals alike. If you’re thinking of entering the blogging world, consider using these four tips to build a blog that people really want to read:

1.

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