If you’re like most people, you spend quite a bit of time hanging out on social media. Companies know this and take great care to cultivate an online presence that engages, delights, and supports their target market. But, chances are, the firm’s CEO isn’t cranking out tweets, Instagram posts, and Facebook lives. They hire a […]
Money In Business
Tax Fraud – Are you unintentionally committing it?
Before you start to panic, understand that committing tax fraud involves more than making common mistakes on your income tax return. But there are numerous types of tax fraud and evasion that could result in civil or criminal penalties. The Internal Revenue Service (IRS) treats fraud and tax evasion seriously. If they conduct an investigation […]
What Do I Need to Be a Successful Virtual Assistant?
Becoming a virtual assistant is an increasingly popular way to have a freelance, home-based business. You get to set your hours, work remotely, and choose who you work with. But what does it really take to be a successful virtual assistant? We’ve got all the details here. What Does a Virtual Assistant Do? Before we […]
What Does it Take to Be a Successful Freelance Writer?
You’ve thought about becoming a freelance writer for years. It seems like the perfect way to express yourself while earning a living. But, you know you won’t become an overnight sensation. You wonder: what does it actually take to be a successful freelance writer? Growing your freelance writing business might be more involved than you […]
Pay Down Debt Quicker with a Side Business
Does your debt prevent you from living a stress-free life? How often does your debt come between you and your financial goals? Paying down debt can be a difficult task, but not an impossible one. There are a few different methods of paying off your debt quicker, but one of the best ways is to […]
Should You Ever Work for Free?
It’s always exciting to hear from customers or potential clients when you’re self-employed. But, if you’ve been in business long enough as an artist, musician, blogger, speaker, photographer, designer, coach, or personal trainer, there’s a good chance someone’s asked you to perform quality work without budgeting money to pay you. Freelancers from all professions get […]
Is Chase Business Complete Checking℠ Right for You? [Review]
Whether you’re a new business owner just starting your enterprise or a seasoned entrepreneur with years of experience under your belt, you need a reliable, low-stress option for your business banking. As your company grows, it’s essential to focus on your customers while improving and expanding your product and service offerings. But you must tend […]
What are the Significant Challenges of Entrepreneurship?
Lots of people are drawn in by the allure of entrepreneurship. After all, you get to ditch corporate life and call all the shots. But, while there’s a ton of potential upside, running a business is not always glamorous. You’ll need to do a lot of legwork before you even start your business. You’ll decide […]
Should I Work Full or Part-Time as I Build My Business?
You’ve finally decided to start your own business. That’s exciting — congrats! You’re passionate about your idea and confident in your ability to pull it off. Still, you’re not sure how to fit being an entrepreneur into your life – especially your professional life. The big question is: do you build your enterprise on the […]
Use Social Media to Save Money Marketing Your Business
Entrepreneurs and small businesses nowadays are taking full advantage of social media to promote their company, products, and services. And why shouldn’t they? Social media marketing is a form of “earned media” (as opposed to paid media) as it is driven organically by word of mouth, not dollars and cents. As such, it is a […]
Federal Funds Rate: What is it and how does it affect you?
You might have heard of the Federal Reserve and the terms federal funds rate, and discount rate. But what do they mean? And more importantly, how do they affect you? The short answers are: The Federal Reserve is the central bank system providing financial services to banks and government entities. It does not provide services […]
How Can Networking Help My Business Thrive?
At its core, networking is about meeting people and expanding your circle so you can get more done and make a more extensive impact. Often viewed as a helpful tool for job seekers who need to connect with hiring managers, networking is just as critical for entrepreneurs to grow their businesses too. Think about it. […]
Should You Hire Friends and Family for Your Business?
When you own a small business, you need to wear many hats to run and grow your enterprise. However, there will come a time when you can’t do it all alone and need to hire employees. When you reach that point, it may be tempting to enlist the help of family and friends. After all, […]
Which of My Business Ideas is the Best to Pursue?
You’ve always had an entrepreneurial spirit. Maybe you have family members or friends who’ve started successful companies. You’re realizing a hobby you enjoy could bring in money if you made it a business. Diversifying streams of income is something you want to pursue. There are lots of reasons starting a business is on your mind. […]
Is Joining a Coworking Space Worth the Expense?
If you work remotely or have a home-based business, you may question whether working from home affects your productivity. While you thought it would be great to work in sweat pants and prep for dinner during a quick work break, maybe even throw in some laundry between client calls, you’re realizing it isn’t easy to […]
Turning a Hobby into a Business, any Tax Benefits?
You started out designing t-shirts for a family reunion. Before you knew it, requests for other designs were trickling in. Does this sound familiar? Maybe it isn’t graphic design. Perhaps it’s dog walking, babysitting, reselling, or crafting. If you’re like most people, you have a hobby you love and are really good at. A growing […]
What Business Structure is Right for My Business?
After lots of dreaming and planning, you’ve settled on a business idea. You’ve chosen a name, identified target customers, started networking with other entrepreneurs and have a color scheme planned for your website and marketing materials. But before you get too excited, there are many additional considerations to be made. One of the most important […]
Creating Boundaries Between Your Personal and Business Finances
Establishing boundaries between your personal finances and your business finances is important for any entrepreneur. While you may have invested a portion of your personal finances to start your business, it is important to keep your finances separate now that your business is in full operation. Create financial boundaries at the start of your business […]
Do I Really Need Business Insurance?
You finally decided to start freelancing or start your own business. You know there’s a lot to consider when launching your gig. You’ve already chosen the right business structure, registered your business, opened a business bank account, got business cards printed, and built a business website. But you’ve never really thought about getting business insurance. […]
Is Attending a Professional Conference Worth It?
Today, more than ever, it’s clear that keeping your skills up to date is a must to remain competitive in the business world. Having the latest ideas and technologies in your arsenal will improve your chances of earning a promotion or pay raise and truly excelling in your profession or business. Moreover, updating your skills […]
Is Buying a Franchise a Smart Way to Make Money?
If you dream of owning a business, but you’re struggling with choosing a business idea, you may consider starting your own or purchasing an existing business for sale. Or you might consider starting a company by jumping into a chain business with buying a franchise. Some people think franchises are the way to go because […]
10 Finance Tips for Small Business
Would it surprise you to know that one of the major reasons small business fail is to do with budgeting and cash flow? At the end of the day they simply run out of cash. When we think of business failure we are more likely to think of a product that didn’t have a market […]
What to Consider Before Starting a Business
Statistics tell us 50% of small businesses fail in the first four years. And, the reasons are multiple, from the lack of the managerial experience to the lack of finances. Starting a business on your own comes with significant risks. There’s a substantial probability you will lose your time, money, and reputation. But, it doesn’t […]
Is It Time to Hire Help for My Small Business?
You’ve been building your perfect business idea for years. And, now you’re ready to finally make it happen. This is a super-exciting time of your life, but it’s also extremely stressful. There’s a lot to do and, at some point, you will ask yourself: Is now the time for me to finally hire some help? […]
