Entrepreneurship

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, …

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 …

How to Start Your Own Insurance Business

Looking for a recession-proof business? Insurance is one of those industries that is largely untroubled by the state of the economy. The reason is that most insurance products are necessary part of modern life. You can’t own a car without automobile insurance, and while your mortgage company may not require that you have homeowners insurance, would …

How to Land Your First Client

If you build it, they will come. Wishful thinking. And unfortunately, it’s the mentality many first-time entrepreneurs have before opening their doors. I, too, fell victim to this Hollywood logic. After putting the finishing touches on my first group of services and launching my website, I was certain the dough would come rolling in. Well, it …

10 Life Lessons of Entrepreneurship

When I started my own business several years ago, my primary goal was to surpass the five-year mark. I’d heard time and again that the majority of small businesses don’t survive past that point, and I was determined to defy the odds. Not only did I survive, but I gained some valuable insight into who I …

Everything You Need to Know About Crowdfunding

Ryan is trying to raise money for his startup. His idea is to build a luxury cooler (yes, the kind you store lunch and drinks in) for the beach or a camping trip, equipped with all the bells and whistles. In short, he wants to build a party on wheels — the world’s coolest cooler. This cooler …

Eight Ways to Prevent Entrepreneurial Exhaustion

All work, no play — at least until you meet your income goals. I used to think this was the surefire way to attain success as an entrepreneur. Little did I realize, each time I surpassed a milestone, I would push myself even harder until I reached the next level. But one day, my extreme work …

14 Tips for Surviving the Startup Years

Dreams don’t always become reality, at least not on your timeline. That’s one of the most valuable lessons I’ve learned as a small business owner. Too bad it took attending the school of hard knocks and letting life, the most valuable teacher, impart this nugget of wisdom into my stubborn brain. Beyond childbirth, taking the …

Best Project Management Software for 2015

Part 3 of our Small Business Tools Series tackles the best project management software. Previously we covered Best Cloud Storage Providers and Best Email Marketing Services; now we enter the realm of project management. There are many project software providers out there these days. While it speaks to the necessity of project management, it also can be …

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