Are you serious about starting a business, but you’re afraid you won’t experience success? Don’t worry, this is an incredibly common fear. We've all heard the grim statistics. Only about a third of small businesses survive until their tenth year. But there are measures you can take that will ensure that your business is among these lucky few.
Today, entrepreneur Kumari Fulbright is here to talk about getting a Woman- or Minority-Owned Enterprise Certification (WBE/MBE). Kumari has helped several MBE/WBE firms secure contracts on big projects like the new Dallas Cowboys Stadium, Dallas Museum of Art and Dallas Love Field Airport. She has also played the role of consultant. As such, she provides tips on what WBE/MBE firms can do to land government contracts and grow their business edge among the competition.
One of the most exciting aspects of running a business from your home office is the opportunity to customize your workspace. To create a home office space that is functional and welcoming, you will need more than just work materials. Decor elements will help you create an atmosphere that encourages you to face the world and conquer your goals. Here are some of the best home office decor trends of 2018.
Lots of people have a startup idea. Some of those people actually get serious about owning their own business. Are you one of those people? Many people hold back on pursuing their startup idea for one reason or another. Often, that reason is funding. You might think you have to have some property to put up as collateral for a loan. You might even have heard that you need to have good credit to get funding for a startup idea. However, in today’s world, there are numerous ways to find the money to start a business. Read on for some creative ideas.
Purchasing an up-and-running online business is the way to go for many an entrepreneur. However, be sure to delve into the issues mentioned here before you sign on the dotted line. Avoid buyer's remorse with solid due diligence.
If the aim of the game is success and money, then entrepreneurs and blackjack players have a lot more in common than people think.
Starting your own business is at once thrilling and exciting. It's also frightening and intimidating. It's thrilling to think of breaking away from the 9-to-5 and the constraints of a fixed income. It's exciting to finally start following some of your true passions. And it's inspiring to think about waking up every day to the prospect of doing work that you enjoy. Conversely, it's only natural to be frightened at the prospect of giving up a predictable paycheck and an established routine. And it's intimidating embarking on an adventure into uncharted territory. For all of these reasons, franchising is one of the options you should consider when you're making your decision.
When people hear the phrase "grow your business," they often think that physical expansion is an essential part of that growth. It's true that expanding into larger office spaces or opening additional locations may be essential at some point in your business’s growth. However, those things aren’t necessary at every stage. In fact, you may be looking for ways to grow your business without having to put a huge down payment on a new office space. If that’s the case, here are 3 suggestions for doing just that.
When you're running an online business, there are a few mistakes you must avoid, whether you're a rookie or an expert. However, the subject of this article is a mistake that many online entrepreneurs make, even if they've been around a while. And what is that mistake? It is a failure to follow up with customers who placed an item in the cart but didn’t complete the purchase.
These days an increasing number of people are waking up to the notion that they are not limited to a single meager source of income. Thanks to some new money-making opportunities, a good number of people are earning extra cash by working from home. They have found that they can easily supplement their income each month just by thinking outside the box.
Perhaps you’re one of those people who has shown a knack in the past for choosing investments that are profitable. As a matter of fact, your investments outperform whatever market they might inhabit. If that is the case, there is a good chance that you’ve been able to make a pretty penny from such activities. But there is another way to benefit from this expertise as well. That is, you could become an independent investment advisor.
The financial crisis of 2008 is a decade behind us. However, the top financial challenge facing small business owners continues to be access to credit. When they do seek funds, they often turn first to those they know: main street banks. However, traditional loans are notoriously difficult to get, so small businesses are increasingly turning to alternative financing options.
Your professionalism shows up in the services and products you offer to your customers. And ultimately, it is your professionalism that will lead to your business's success. If you have committed to making 2018 the year in which you take your business to new heights of success, we have a few recommended strategies for you here.
Have you ever imagined yourself having a full-time freelancing career? Or maybe you are looking for a little extra cash on the side. No matter what your reason is, being a freelancer has its rewards. However, it also has some serious challenges. The thing with freelancing, though, is it will only reward you based on the amount of effort you put in. To help you get started with your freelancing, we’ve come up with a few tips on how to be successful as a freelancer.
Car sharing is hot right now. In fact, the car sharing business is so hot that many car manufacturers are afraid that the traditional model of car ownership is about to collapse. Between 2010 and 2015, the total annual revenue for car sharing businesses doubled. Before 2024, experts believe it could increase another 34 percent to $16.5 billion. It’s safe to say that now’s a good time to get into the business of car sharing. Fortunately, running a car sharing company isn’t much different from running any other business. Here are the steps you need to start your own car sharing business.
Product returns are an inevitable part of any business’s operations. However, while brick-and-mortar stores see about 10% of their sales returned, e-commerce businesses face three times that much—up to 30%. So if you operate an e-commerce business, it would behoove you to revisit your company’s returns management strategies.
If you're an IT professional who's looking for your next career move, consider going for a Cisco CCNA certification. That's because a Cisco CCNA certification will position you for a career in the fast-growing and lucrative field of computer networking. Employers complain of a scarcity of professionals in this sector, and global market research bears them out. What's more, if you're a CCNA-certified networking professional with an entrepreneurial bent, you're sure to find small businesses that would readily—and lucratively—contract for your services on an as-needed basis. So what are you waiting for?
When people marry they don't intend to divorce. However, the truth is 40-50% of all marriages in the United States end in divorce. And, as if divorce weren’t trying enough, things only get more complicated when you and your spouse own a business. Read on for two important ways you can prepare for the unthinkable before it happens.
Some say the cryptocurrency phenomenon is the wave of the future. You could ride that wave to riches by starting your own cryptocurrency business.
Lots of people dream about winning a big windfall. As a matter of fact, many entrepreneurs go into business with the idea of making lots of money. But what would you do if, say, you were to win big with the lottery? Would you retire early and live a life of luxury for the rest of your days? Take a trip around the world? Give money to family members? Donate to your favorite cause?