Best Practices
The Young Entrepreneur's Guide to Hiring a CPA
Secure your startup's financial future and growth by understanding the importance of hiring a Certified Public Accountant (CPA) and the strategic benefits they can bring.
Operations
Best Practices
The Young Entrepreneur's Handbook: Crafting an Irresistible Value Proposition
Introduction So, you've got a fantastic business idea, but you're not sure where to start? Don't worry! One of the most critical aspects of building a successful business is understanding and communicating your value proposition. In this article, we'll break down the
Finance
Saving Money and Boosting Performance: How TCO and ROI Benefit Your Business
As an entrepreneur, it's easy to get caught up in the hype of the latest and greatest technology hitting the market. However, before making any purchase, it's important to consider the total cost of ownership (TCO) and return on investment (ROI) of the product. By doing
Marketing
Ruger's Business Strategy: Lessons Learned from Their Upselling Success
In the world of manufacturing, mistakes are an unfortunate reality. Defective products can lead to significant losses for companies, as they are often forced to sell them at a steep discount or even dispose of them entirely. However, one company has found an innovative way to turn its factory mistakes
Operations
Maximizing Your Business Potential: Why Diversification is Key
Having a diverse client pool can be key to your success. Relying on just a few clients can leave you vulnerable to financial instability if one or more of them decides to stop working with you. By diversifying your client pool, you can spread out your income sources and ensure
Best Practices
Preparing Your Small Business for Active Shooter Scenarios
In recent years, there have been numerous incidents of mass shootings in public places, including businesses. These events have resulted in significant loss of life and have raised concerns for businesses of all sizes, including small businesses. Small businesses have a responsibility to take measures to protect their customers and
Featured
From Hobby to Business: Why You Should Take Your YouTube, Instagram, TikTok Channel(s) Seriously...
In recent years, YouTube, Instagram, and TikTok have become some of the most popular social media platforms, with millions of users creating and consuming (keyword) content every day. Many creators view their channels as a hobby, a way to express their creativity, or share their interests with others. However, there
Best Practices
Insights for Improvement: Evaluating Your Business Model to Drive Success
As a business owner, I know firsthand how important it is to periodically step back and evaluate my current business model. This involves taking a close look at my operations, financials, customer base, and market trends to determine what is working and what isn't. By doing so, I
Featured
How to find your niche... Example of how to start a business idea based on your skills.
Becoming an entrepreneur can be an exciting journey, but finding the right business idea to pursue can be a challenging task. With so many potential opportunities available, it can be overwhelming to decide where to start. However, by identifying your skills and interests, you can narrow down your search for
Best Practices
"Ecto-gammat" - Never without my permission
In recent years, you may have noticed an increasing number of websites that require you to consent to the use of cookies before allowing you to proceed. This is because of the General Data Protection Regulation (GDPR) and other privacy laws that have been introduced in many countries. These laws
Operations
Managing Multiple Clients when you're small
As a freelancer or small business, managing multiple clients can be challenging, but it's also an essential part of running a successful business. Juggling multiple projects and deadlines can be overwhelming, but with a little planning and organization, you can keep all of your clients happy and ensure