1,893 results found
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Get, Set, Fail......Five Common Mistakes New Franchisees Make In the First Year
Credit : Pexels So. You’re the proud owner of a brand new franchise business. You did your research, explored all of the options, investigated the legals fully and you’re confident that the franchise you’ve chosen to invest in is the right one for you. You’re fully behind the product or service that you’re going to be
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How to create a good culture for your small business
While the culture or atmosphere at any business can be critical to attracting and retaining top workers, it needs to be a focus for small business owners who can't offer the kind of salary and benefits that bigger companies do. Many owners are busy with customers, vendors and finances, and culture isn't something they
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Key Marketing Mistakes Entrepreneurs And Small Business Owners Should Avoid
Company team gets bad news about latest marketing campaign.gettyThe term “mistakes” has a negative connotation to it. You made a decision or implemented something that didn’t go as planned, and now you have to deal with the repercussions. Marketing mistakes, even ones that seem massive in the moment, only end up being
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Solo 401(k)s and SEP IRAs: What you need to know
As an owner of a small business, you have multiple roles to play, and saving for retirement is probably the last thing on your mind. However, with proper planning, it can minimize taxes and help make your business profitable. Solo 401(k)s and SEP IRAs are both tax-deferred retirement savings accounts for small business
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Taking a vacation on a budget [outline]
A vacation—be it a week in an exotic locale or time off at home—provides a well-deserved break and a chance to reset. This is why the finances of taking vacation shouldn’t be stress-inducing. In fact, there are a host of vacation options depending on your budget. This piece will discuss several key components of vacati
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The Difference Between Revolving Credit vs Line of Credit
Revolving Credit vs. Line of Credit: An Overview Revolving credit and a line of credit are financing arrangements made between a lending institution and a business or an individual. The lender provides access to funds that the borrower can use at his discretion; it's like a flexible, open-ended loan. In fact, a revolvi
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These Amazing Facts May Change Your Mind About the Internet of Things
If you were to judge the Internet of Things (IoT) relative to some of the expectations and figures that have been publicized over the years, it might be fair to categorize the much-hyped "third industrial revolution" as a bit of a letdown thus far.
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To Be an Effective Leader, You Need To Handle These 7 Challenges
You too can master the challenges that make or break all leaders. Here is a self-test to get you started. As a business adviser, I often talk to business professionals who are critical of their CEO, and are convinced that they could do the job better. Yet I suspect that few of you have seriously thought about the scope
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Using A Solo 401(k) For The Soon-To-Retire Entrepreneur
The Roth IRA Peter Thiel used to amass billions in tax-free dollars has renewed interest in using tax-advantaged retirement plans as a means for accumulating wealth. What hangs up entrepreneurs is they don’t want to set aside wealth only to have it be taxed away. Whether you think of this as greed or good business, tax
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What is inflation and when you should really start worrying about it
Economists are bracing for the strongest US inflation in decades as the country reopens. Where some expect inflation to be temporary, others fear a dangerous spiral, or "runaway" inflation. Here's what you need to know about inflation, where it stands today, and when you should really start to worry. See more stories o