The Honest Truth About Your Business

29 Questions to Help You Determine if What You’re Doing is a Business or a Hobby Are you a true business owner and entrepreneur? Or are you pursuing your business dreams more like a hobby but may not even be aware this is what’s happening? In meshing business and personal life in the past… I

[ Read More ]

The Immediate Goals of Starting a New Business

Are you tired of your boss? Or are you getting ready for greener pastures? Setting up your own business can be very exciting. However, before you even take the first step, save yourself time and money by being aware of what’s involved in running a business. Investing time and money into proper planning is paramount

[ Read More ]

Managing Your Small Business Budget

Not surprisingly, small businesses often operate on relatively limited budgets. Regardless of the financial situation the business may be in, it is always important to conserve money whenever and wherever feasibly possible. While this may seem simple, it is often very difficult to track and manage business expenses without having a well-thought-out business budget. This

[ Read More ]

The Importance Of Adequate Insurance Cover To Small Businesses

One of the largest risks facing small business owners is a failure to ensure an adequate level of insurance cover for their company – this is particularly true of small businesses who may not quite have the resources to cope with the large financial losses which may be suffered as a result of ‘underinsurance’. A

[ Read More ]

So You Want to Run a Massage Business From Your Home

I received my license and certification as soon as I finished school for massage therapy. I knew right away that I was going to start building my own practice out of my house as soon as I finished school (which is why a prerequisite of the home I was purchasing had to have an extra

[ Read More ]

Starting a Minority Owned Business

Starting a business involves planning, making financial decisions and completing legal activities; minority business owners also face challenges accessing capital, marketing and resources. However, in recent years thanks to the Minority Business Development Agency, it’s now possible for minorities to become successful entrepreneurs. The agency helps minorities secure financing, create effective marketing plans and provide

[ Read More ]

Home-Based Business Entrepreneur Working At Home

Being an entrepreneur is very appealing but not everyone can become one. One of the quickest and easiest ways to become a successful entrepreneur is by working at home through a home-based entrepreneur business. Firstly, you need to evaluate your strengths and weaknesses. After the evaluation, you can now determine if you can manage your

[ Read More ]

Anchor and Nooses: Two Big Drains on Your Business

Business is a tough game. Continually we need to operate in three areas to ensure we produce consistent outcomes. The businesses we work with are challenged to: Tend to the business. We operate our business daily, tend to the issues and the pressing needs as they arise. Prune the business. At times we all need

[ Read More ]

What Comes First: Business Strategy or Tax Strategy?

Any business advisor will tell you the answer, but what’s happening in the real world? Here are a few examples: VAT When Jeanne started her exercise class business, she decided after taking advice that she wouldn’t register for VAT. It makes sense. If you want to compete with everyone else then you can’t charge 20%

[ Read More ]

5 Common Mistakes Holding Back New Business Owners

It is really trending and the economic status of the world now favors a lot of people owning their own businesses. That on its own throws up very many challenges principal among which is how to start and manage such businesses. To start a business, your first major challenge is having a good plan and

[ Read More ]