Tags: business plan

    Can I Take My Hobby As Profession?

    Playing guitar, cooking and stitching might your favorite pass time hobby but have you considered turning your hobby in to business of profession. If you like to play guitar in your free time, have you ever wondered of becoming a professional guitar player? If not this is the right...

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    How to Make a Precise Business Plan

    You stopped by to read this article most probably because you have to make a business plan for yourself or for someone else. How would you feel if I say that what you are going to read is 5 pages long report on how to make a business plan?...

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    Never Heard Twenty Inspirational Quotes for healthy business

    Here are 20  Inspirational Quotes for healthy business: 1. “You can’t have a million-dollar dream with a minimum-wage work ethic.” — Stephen C. Hogan 2. “When I was young, I observed that nine out of 10 things I did were failures. So I did 10 times more work.” —...

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    5 Ways to Identify Future Business Opportunities

    There are as many ways to evaluate as there are fish in the sea, but here are some basic topics that I use to measure my success keep me open to future opportunities. 1. Simplification I know you have heard of the KISS Principle: Keep It Simple, Stupid!  This...

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    12 Leading Reasons of Business Failures

     According to Business Survey.  magazine, 33% of all new businesses fail within the first six months. Fifty percent of new businesses fail within their first two years of operation and 75% fail within the first three years.   Here are the leading reasons of business failures.   1. No...

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    How To Recruit a Board of Directors

    “To succeed in these times of breakneck change, companies will often recruit a board of directors to help them make more effective decisions and lead them in the right direction during stormy times. By consulting men and women of wisdom these organizations reduce the number of mistakes they make,...

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    Seven tips and tricks to help grow your new venture

    Growing any business is a challenge. Growing a new business–which usually also means limited resources to invest–is many times more difficult.   Here are seven tips and tricks to help grow your new venture with no money.  Build relationships:  Relationships matter and good ones may be the most important...

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    Warning Signs That Your Business Partnership Is Failing

    You need to read these steps for good health of partnership. Because, A business partnership can be every bit as complicated as a marriage. And, like matrimony, some partnerships end unhappily. Wouldn’t it be helpful if you could spot the warning signs of an implosion before it occurred — or, better yet,...

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    Get a Website and connect to the world – Start a small business – Part 5

    1. Get a website:  If you’re selling online, get your eCommerce in gear and either build a website, or have one built for you. It’s your storefront, so anything and everything you can do to make people want to visit, and want to stay, do it.     2. Hire professional designers: They...

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    Managing Your Finances – How to start a Business – Part 4

    1. Cover your startup costs. How are you going to finance your business initially? The bank, venture capitalists, angel investors, Small Business Administration (SBA), your own savings: these are all viable options. When you start a business, be realistic. You will probably not roll out of the gate making...

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    Covering the Legal Side – How to start a small Business – Part 3

    Covering the Legal Side 1. Consider finding an attorney or other legal adviser: There will be many hurdles to leap as you go from working stiff to overworked and underpaid small business owner. Some of those hurdles will be composed of stacks of documents with rules and regulations, ranging...

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    How to start a Small Business – Part 2

    Writing a Business Plan 1. Create a business plan. A business plan helps to define what you think you need to launch your business, large or small. It summarizes the sense of your business in a single document. It also creates a map for investors, bankers, and other interested parties...

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    How to Start a Small Business Part 1

    1. Have an idea. It might be a product you’ve always wanted to make, or a service you feel people need. It might even be something people don’t know they need yet, because it hasn’t been invented! It can be helpful—–and fun—–to have people who are bright and creative join...

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