You finally found and successfully launched your own coffee shop. It has been your dream since you were old enough to dream of opening your own business. You love coffee, you love people, so the best choice for you was to open the coffee shop of your dreams. Now, the ink is barely dry on the lease papers you signed. And you look around and realize you have no idea how to maintain the spanking new shop you are standing in. Never fear. Read on below for a few of the top tips for maintaining your newly opened coffee shop.
We entrepreneurs need to take our health seriously. After all, our work is demanding, and if we work alone, we are our business. We must stay healthy. If we fall ill, our business can take a serious hit. Many of us, therefore, take a keen interest in our diet. There’s a new diet, moreover, that is gaining popularity based on its effectiveness. The ketogenic, or keto, diet has proven time and again to help dieters lose weight. Even better, especially for us entrepreneurs, these dieters gain energy and reduce their risk factors for diseases.
Are you creative, talented, and hardworking? Would you like to turn your website or blog into a reliable engine for passive income? You can do exactly that with affiliate marketing.
Although you don’t have to go to school to be an entrepreneur, you can learn some valuable skills with an online degree. What's more, that degree will provide you with important knowledge for your business pursuits. The right education can help you to focus your entrepreneurial passions and build up the skills you'll need to run a business. In this post, you will find some online degrees for entrepreneurs, including some of the less obvious ones, that provide a solid knowledge base.
Starting a successful business depends on a lot of different factors. One of the first things you'll need, though, is a great business idea. And if you have several business ideas to begin with, you can soon narrow it down to the one that works best for you. Keep reading for some exciting online business ideas that will get you started.
Millions of independent professionals and traditional employees work from home by choice. With so many perks of working just a few feet from where you sleep, it’s a wonder everyone doesn’t do it. Of course, stay-at-home moms and dads have less choice in the matter. These 6 stay-at-home business ideas all offer real earning potential. It's possible that any one of them could provide you with enough to replace a full-time income, and then some.
If you've ever dreamed of launching your own business, you're not alone. In the United States there are more than 28 million small businesses. What's more, just consider this: Most large businesses started out as small ventures. However, statisticians report that only about two-thirds of businesses with employees continue after 2 years. And only about 50% survive after 5 years. All the same, if you follow a few basic guidelines, you may well find yourself among the 50% of small business that will still be going after 5 years.
It's tough being an entrepreneur. You deal with stress on an everyday basis. So now and then, you need to step back and take a mental health holiday. Here, we offer some suggestions for some quick and easy getaways that will leave your spirit refreshed.
Trade-based businesses provide a valuable service to the communities they exist within. From maintaining local roads to ensuring that the homes and businesses built are within certain safety specifications (and every trade in between), there’s no denying that we’d be lost without these individuals and their masterful sets of skills. But how do you go from a skilled trades worker to the proud new owner of a successful trade business? Here are a few tips to consider.
There are many costs to being an entrepreneur, and some of them are hidden costs. The SBA estimates the average cost of starting a business to be around $30,000. No matter what type of business you start, you’ll need to invest hours in its creation and development. These costs alone are enough to intimidate prospective entrepreneurs from ever following through on their ideas. However, they don’t paint the entire picture of entrepreneurship. There are also hidden costs to being the founder and director of your own enterprise. You’ll need to be prepared for them as well.
The evolution of technology means that small- and medium-sized businesses can now compete with larger organizations in international markets. Moreover, recent data from OECD (the Organisation for Economic Co-operation and Development) shows that 9 of 14 member nations have business creation trending upward. This is encouraging news for new entrepreneurs. But there are a few precautionary measures a small or startup business should take before plunging into overseas adventures. Here are 4 hacks for entrepreneurs entering global markets.
The business world is generally not a friendly place to small businesses. Statistics show that most small businesses will not make it past the first 10 years of existence. Small business owners who are able to raise capital to support growth will likely be more successful. To raise capital, make sure that your personal and business credit are in good shape. Also, consider making home improvements to get better home financing terms. Finally, work hard to establish initial traction in the market.
As we near 2018, the “mobile first” mantra should seem like old news to savvy marketers. For the first time in history, mobile officially accounts for more than 50% of all web traffic. If your retail website isn’t already optimized for mobile traffic, or at least responsive to small-screen viewing, it’s time to get on the stick. Use these 7 mobile design tips to turn casual visitors into committed customers.
Small businesses have big appetites for cash. By the time many entrepreneurs blink, their small business has generated yet another expensive bill. Or acquired an unforeseen overhead. So it’s important to take every opportunity to keep your business streamlined. You want to be sure that cash is converted to profit rather than debt. These money-saving hacks for your small business should help you avoid some potential pitfalls.
In the world of IT contracting you could find yourself on the road for a lot of the week. You'll be going from job to job and racking up the expenses as you go. If you’re new to this line of work, keeping up with your expenses can sometimes be overwhelming. As a matter of fact, some expenses might even slip past you. When that happens, you’ll end up paying out of pocket for something you could be claiming back. So it’s important to fully prepare yourself for the expenses you’ll be accruing for each contract. Here are some tips that will help you manage your expenses as an IT contractor a bit better.
Cryptocurrencies and blockchain technology are breathing new life into freelancing and revamping the online gig economy. That's because these services provide all parties with a safe, secure, and transparent avenue to conduct business online. Consider leveraging cryptocurrencies and blockchain-based marketplaces to ensure that you are not overpaying fees. Additionally, you'll be mitigating the risks involved in online labor as well as empowering yourself as an independent contractor.
Launching an e-commerce business isn’t for the faint of heart. Even if you have the most brilliant idea for a product or service, you still have lots of competition to face and some tough challenges to overcome. Here’s what you need to know.
CEOs have constant oversight by three key stakeholders. These are customers, employees, and the board of directors, who represent investors. If any stakeholder group becomes sufficiently unhappy with a CEO’s performance, it’s likely that the company will remove him or her, often quite publicly. Here we discuss mistakes, regrets, and reborn careers—and what current (and aspiring) CEOs should avoid.