For many, operating a business from home is a convenient and enjoyable way to make a living. No wonder there are nearly 15 million home businesses in the U.S. alone—that’s half of all businesses in the country.
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Partnership Dissolution: What You Need to Know
If you started a business as a partnership, both partners probably had high hopes and big dreams. You might have been imagining making it big, or at least doing something that you loved with your life.
The Perfect Name for Your Business Is Out There—Here’s How to Find It
Finding the perfect business name is a key part that all entrepreneurs should focus on when they are launching a brand. It is typically the first aspect of the business that potential customers will interact with. A name will help people learn about your business as well as your mission and values. It should attract […]
Cast Your Vision With a Vision Statement
You’re the leader of your business. The visionary. The person in charge. The “Big Cheese.” Your business (and employees) will go in whatever direction you point it. So, it’s your job to cast the vision you have for your company. When it comes down to it, your business’s success depends on the vision you set […]
Should You Use a Credit Card to Finance Your Startup?
Over the years, more and more small business founders are turning to credit cards as a viable source for financing a new business. And it’s not hard to see why startup business credit cards have become so popular. Thanks to the 2008 financial crisis, banks have become much more risk-averse, preferring to lend mostly to […]
How to Write a Company Description for a Business Plan
Nobody does what you do better than you, but … what is it that you do again? You might have trouble describing your business in one sentence, or you find yourself at a loss for words when it comes to writing a company description. Knowing how to write a company description for a business plan […]
How to Pitch to Investors
If you’re like many small business owners, you use your personal savings, startup business credit cards, and small business loans to fund your company. But, sometimes, you need more funding to grow. How to pitch to investors Once you find the right private investors for your small business, you will need to plan for a […]
The 3 Startup Criteria Your Successful Business Idea Needs to Meet
It’s easy to come up with a business idea. You can copy an already successful business. Or, you can build on something you are passionate about. However, it’s difficult to come up with a successful business idea that will lead to a thriving organization. Today, my companies sell recruiting software, payroll software, and accounting software, […]
Business Succession Planning for Your Small Company
Whether you own a startup or an established company, you likely focus on growing your business. That’s why it might be hard to think about the day you step down from your leadership role. But, the earlier you start business succession planning, the easier the transition will be. A business succession plan helps you when […]
Track Your Most Important KPIs for Small Business Success
As a small business owner, some days might feel more successful than others. As the owner and CEO of an accounting and payroll software company, I have experienced this first-hand. But, do you use quantifiable data to record your progress? If not, apply your most important KPIs (key performance indicators) to your business practices. KPIs […]
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