Entrepreneurship

Why Your Company Culture Matters, and How to Improve It

It’s 6 a.m. and your alarm clock just went off. As you reach over to turn it off, what are you thinking? Carpe diem!? Today’s the day!? Or… Did you have a rough night of sleep?  Is your head aching? Should you have said no to that third glass of wine? Are you scrambling to remember …

Social Media Basics for Your Business

As I suggested in 15 Ways to Grow Your Business This Year, it’s time to pick a social media platform that best suits you or your business and crush it! Below are some basic steps to start your company toward building an effective social media strategy. Do an Audit Take a snapshot of your company’s social media …

Small Business Saturday: How Tiesta Tea Brewed Up Its Success

It all began with a conversation among friends at a teahouse during a semester in Europe. It could have ended there, like so many college daydreams do, the wistful chatter that populates so much of undergraduate life. But Patrick Tannous and Daniel Klein made their dream come true. The exact date of that conversation remains …

Perfect Your Sales Pitch to Convert More Customers

For the budding entrepreneur, the path to success is filled with roadblocks. What might seem like surefire strategies often flame out quickly. The challenge of attracting and keeping customers requires extensive research of your market and attention to detail. There may be false starts along the way, but this seven-step process will help you perfect your …

Industries That Are Ripe for Disruption

dis·rupt verb \dis-ˈrəpt\ : to cause (something) to be unable to continue in the normal way : to interrupt the normal progress or activity of (something). That’s according to Merriam Webster dictionary. Disrupting an industry involves more than just gaining market share from your competitor. It’s a shift in how business is done — the money …

How Will Dailey Makes a Living as a Middle-Class Musician

Will Dailey’s music career began with a spatula and a tennis racket. As a child, the Boston-area native would lead imaginary orchestras while listening to the classical music, show tunes, and Placido Domingo records his mother would play. The tennis racket was Dailey’s guitar until he got the real thing at age 12. Now 38, …

15 Ways to Grow Your Business This Year

When I look back at my 15 years of business, people often ask what my specialty is. With a diverse background in startups, working in finance, a former business address on Wall Street, and as the co-founder of two nonprofits, the only common theme I see is business growth. Some have grown steadily in the double digits, …

Best Small Business Loans for 2015

Right now could be the best time to find a small business loan since the 2008 subprime mortgage crisis. Better economic conditions and a big increase in competition mean lenders are willing to slash their rates for good prospects. Of course, that doesn’t mean it’s easy to obtain a small business loan from traditional banks. …

How Volunteering Can Help Your Business

Small businesses are always looking for ways to strengthen the culture, empower employees, find new clients, and build goodwill in the community. Many companies will invest time and money in outside consultants, training, and company outings hoping to improve the business environment and achieve these goals. But what if there was a low-cost or no-cost …

Insuring the Sharing Economy

Any doubt about the depth of wisdom of a mother’s time-honored aphorism to “share and share alike” has been laid to rest by the meteoric rise of the sharing economy. From Airbnb to Zipcar and an ever-growing list of collaborative enterprises, the opportunities for consumers and entrepreneurs abound almost equally. No matter whether you attribute …

Why I’m Going Back to Grad School — Or Not

To go or not to go? That is the question. If you’re in a mental traffic jam about graduate school, this post is for you. The grad school debate has been going on for years in my own head, and in the minds of countless others. With the rapid evolution of technology, emerging sectors of commerce, and century-old …

Quick Year-End Tax-Saving Ideas

Holiday stress is boiling over, and the last thing you want to worry about are your taxes due next April. But while enjoying a good year financially thanks to increased earnings and the stock market’s all-time highs is great news, it means your tax bill is going to increase as well. Ideally, you’ve been working taxes into …

Small Business Saturday: Building a Brewery at Proclamation Ale Co.

For longtime musician Dave Witham, crafting beer at his new brewery, Proclamation Ale Co., is a creative process that’s equally, if not more, satisfying than making music. That doesn’t mean launching a nano brewery has been easy for the Rhode Island resident — or without its own long hours. But his new line of business …

How to Make Money Selling Crafts on Etsy

Have you ever knitted a scarf, made jewelry, or sewn clothes for your kids? Can you build a bench, take intriguing photos, or make a picture frame from scrap wood? Or do you have a good eye for vintage styles and know where to find them at a bargain? If you’re at all crafty, chances are …

Becoming Rich Is a Matter of Mind Over Money

Mindset plays a much bigger role in reaching our financial dreams than most of us realize. The good news is, you can work on your mindset without spending a dime. Today’s post touches on a timeless book, nearly 100 years old, with some financial advice garnered from the greatest financial minds who ever lived. And …

Navigating the Small Business Administration

Like so many government endeavors, the Small Business Administration (SBA) can be both incredibly helpful and terribly confusing. Here’s how to use it effectively to help your small business. There are many organizations that can help you structure and finance your business, understand permitting, laws and regulations in your state or local municipality, provide guidance on …

How to Make Money as an Airbnb Host

Anyone who has stayed at a nice hotel in the past decade knows it’s not cheap. When was the last time you stayed in a major city for under $100 a night? Or under $200 for that matter? There is money to be made in the lodging industry. And it’s never been easier for average …

How to Insure Your Home Business

A business is a business regardless of where it’s located. That includes home-based businesses, which is why decisions about insurance should be based on need and not location. Each of the almost 40 million home-based businesses in the United States is unique. From the smallest part-time venture to multimillion-dollar international enterprises, they all need insurance to …

Small Business Money Traps to Avoid

First off, accept that you are going to make mistakes running your business. Calm down, we all do. And while it’s okay to lose a battle or two, just don’t lose the war. Remember, each time we make a mistake there is a valuable lesson to learn from it. Financial mistakes are often the result …

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