According to data, 9.1 percent of businesses are majority-owned by veterans. In actuality, 1 out of every 4 veterans proceeds to build their own businesses after getting honorably discharged from the service. If you are a veteran, this article will discuss why it is important to verify military service status so that you can take advantage of government support for your … [Read more...] about How The Law Supports Veteran-Owned Small Businesses
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5 Small Business Payment Processing Solutions
According to predictions, 95% of all retail sales will be made online by 2040. The current situation won’t change what has already started. If anything, the global coronavirus pandemic will only accelerate this transition. Many people, who used to be reluctant to buy some things on the web, have already been convinced that it’s much more comfortable and, very often, also … [Read more...] about 5 Small Business Payment Processing Solutions
4 Ways to Save Money on Your Small Business
When you start a small business, your initial target is to save money as much as possible. Everyone wishes to establish a business in a way that will help them build a strong brand image and give them a good revenue over the passage of time. However, there are certain measures that novice businessmen and women can take in order to save more cash such as opting for a multi line … [Read more...] about 4 Ways to Save Money on Your Small Business
How to overcome the funding gap as a first-time business owner
Thousands of people decide to start their own small business every year. They may have an excellent business plan and tons of enthusiasm but they all have one thing in common: they need funds to make their vision become reality. In our current economic climate this is quite a daunting task, not every start-up qualifies for a traditional bank loan so they need to be aware of … [Read more...] about How to overcome the funding gap as a first-time business owner
How to secure financing as a small business owner
Being an entrepreneur can often be stressful, and while you have managed to bring your brand into the market, you might currently be struggling from a financial point of view, and monetary support may be required to keep your business going, or to obtain growth. Regardless of the exact purpose you currently need financing for, applying for a loan is the solution you should … [Read more...] about How to secure financing as a small business owner
A PEST Analysis Of Entrepreneurship
Is entrepreneurship the future of work? Maybe. Nowadays, many people feel unappreciated at their corporate jobs. They yearn to make their own profits without ever hitting a ceiling. They fantasize about working in their PJs, on the couch, comfortably at home. As an entrepreneur, they can do just that. They choose their hours and never have to report to a boss – because … [Read more...] about A PEST Analysis Of Entrepreneurship
4 Unfortunate Small Business Marketing Mistakes to Avoid
Small businesses have to be smart about their marketing. Budgets are limited, but the need to connect to customers prevails. But even the tiniest of mistake could have devastating consequences for the company. Let’s avoid unnecessary fallout. By knowing about these typical blunders, you can take the right steps to further develop your brand. 1. Lack Of … [Read more...] about 4 Unfortunate Small Business Marketing Mistakes to Avoid
4 Surprising Ways Small Businesses Waste Marketing Money
Many small businesses have tight marketing budgets. There’s literally no room for error. Your money will burn if you’re not smart. Instead of pulling your hair out while you watch your money burn, learn the four ways small businesses tend to waste their marketing budget so you can avoid a similar fate. 1. Your goal is to “build a following.” Small businesses see other … [Read more...] about 4 Surprising Ways Small Businesses Waste Marketing Money
How to Do SWOT Analysis for Small Businesses
Are you using SWOT analysis as a small business tool? You definitely should be. You can use SWOT analysis to position yourself as a leader in your industry. The competition won’t know what hit them! But it’s important to be thorough, honest, and diligent. Many people tend to focus on the first half of the analysis and forgo the rest. But doing the whole analysis for your … [Read more...] about How to Do SWOT Analysis for Small Businesses
What Is a Business Strategy? An Overview
The future is not detached from the present. If you want make an accurate guess of where you business will end a few years down the road, all you need to do is answer this simple question: How Do You Define your Business Strategy? If your business strategy isn’t clearly defined, that you will find impossible to develop and achieve growth, while also failing to meet your … [Read more...] about What Is a Business Strategy? An Overview