Opening a business is hard enough when you have a brick-and-mortar storefront. When you run everything online, it can be even harder. If there's an e-commerce element to your business, your failure rate rests between 80-90%. Becoming a digital entrepreneur has its own set of challenges, some of which are entirely separate from your standard start-up woes. Here are six of the … [Read more...] about 6 Challenges of Becoming a Digital Entrepreneur
The Steps to Follow When Starting a Business and Articles on Starting a Business in Different Industries
Starting a business is something can be done by anyone. Contrary to popular belief, entrepreneurs are made and not born. Entrepreneurship can be taught and learned by all. The following article outlines the core steps aspiring entrepreneurs should follow to launch a business in any industry.
8 Steps to Growing a Profitable Business
(1) Develop a General Understanding of Business
(2) Understand Business Formation Types (Sole Prop, LLC, S-Corp, C-Corp, etc)
(3) Hiring Employees
(4) Raising Capital
(5) Understand Intellectual Property
(6) Integrate Technology into Your Business
(7) Growing Your Business & the Risks Associated
(8) Exiting (Selling) Your Business
Tips for Starting a Small Construction Company
You've managed to save up enough money to open your own business, but you're not sure what kind of company you should open. One of the most rapidly growing businesses has been construction companies over the past few years. Construction companies offer a wide variety of services, including buildings, renovations, and maintenance work on public and private property. If you are … [Read more...] about Tips for Starting a Small Construction Company
7 Tips to Know About Making Money on Etsy
With adequate resources, it's just effortless to make money on Etsy as long as you are following certain tips. These tips will ensure that you don't just set up an ordinary shop and expect the customers to buy from you. There are seven entrepreneurial tips that you should know about if you are willing to stand out from the rest of the competitors on the platform, and they … [Read more...] about 7 Tips to Know About Making Money on Etsy
Is Becoming a General Contractor Worth It?
If you've seen those home renovation shows and thought, “I want to do that," you might be a prime candidate for becoming a licensed contractor. The construction industry is one of the fastest-growing job sectors, with virtually endless opportunities for those looking to start a business in the flourishing construction industry. However, being a successful contractor is easier … [Read more...] about Is Becoming a General Contractor Worth It?
Do You Own A Manufacturing Business? Here Are Some Useful Tips
Manufacturing businesses have become the main source of income in most parts of the world. This is because people are in need for a wide range of products that includes appliances, computer systems, vehicles and others. As a result, manufacturing industries also continue to grow each year. However, this kind of business is not easy to manage especially if you are a beginner. … [Read more...] about Do You Own A Manufacturing Business? Here Are Some Useful Tips