The National Small Business Association (NSBA) released its annual 2011 Year-End Economic Report on Wednesday. The report shows that small business owners are the most optimistic they have been in a quite a while...
Love him or hate him, there’s one thing we all can agree on. Donald Trump sure knows how to make a buck, and he also knows how to rebound from seemingly insurmountable failure too. That being said, is it any wonder that his books are so popular―especially in this day and age when the prospect of taking...
The events and conferences designed to inform, educate, celebrate and inspire today's prospective and established entrepreneurs are considerable in number once again this year. Here's a look at what's going on around the U.S. by region:
Note: Just click on the event title for more information.
In just ten years, the organic food and beverage industry has grown from $1 billion to more than $26 billion, according to the Organic Trade Association. Moreover, the
Once again a new year presents us all with the chance to reinvent ourselves and set an exciting new course toward prosperity by taking control of our own futures. If that includes, for you, starting your own home-based or other small business or franchise, you’ve come to the right place!
The list...
When the stock market fell in 2008 and panic ruled the land, Dave Ramsey wondered what was wrong with him that he just wasn’t afraid. “I was not vulnerable to the mess that seemed to be looming,” he says. “I was like the little pig who built his house of brick, not hay or sticks.”
In his new bestselling...
In his recently released New York Times bestseller, “The Lean Startup,” entrepreneur and master business-startup blogger Eric Ries lays out a host of business strategies that have caught the nationwide attention of prospective and current business owners alike. The basic supposition of Ries’...
Entrepreneurship in America is a vital source of employment, economic growth and innovation. In fact, it’s one of the few things that continues to make our nation great and that will ensure we remain globally competitive for the foreseeable future. Policymakers and pundits alike would agree that encouraging...
Mixing business with pleasure, they say, is never a good idea. But millions of home-based and other small business owners who run successful businesses with their spouses would disagree. Despite these success stories, the truth of the matter is that it just doesn't make sense for everybody.
So before...
If you're in the market for a business opportunity or other small business or franchise, your credit standing may very well be a critical part of your ability to get started and stay afloat, especially during the first year. That’s why it’s so important for you to understand what your personal credit...
If you’re an entrepreneur who is marketing a home-based or other small business opportunity or franchise to others, making the investment of time and resources into any prospect is somewhat of a risk. And let’s face it, your hard work doesn’t always pay off when someone you thought would be a good fit...
A recent Associated Press-LifeGoesStrong.com poll shows that baby boomers are seriously worried about their finances as they approach retirement age. In fact, many believe they...
SCORE is America’s leading source of FREE and confidential small business advice for entrepreneurs, offering both online and in-person counseling out of its more than 350 locally based offices nationwide. The non-profit’s 13,000-strong...
Okay, so you’re getting ready to launch your own home-based or other small business venture. Half the fun is naming it, right? Although there are some rules that pretty much everyone can agree upon―don’t pick a name that’s too close to something that’s already been done or one that’s easily misunderstood...
If you’re the entrepreneurial type, the American Dream is to have a business of your very own. You may want to create or purchase a business opportunity, distributorship, licensee opportunity or small franchise that can be run right out of your home. Any one of these options is attractive for a number...
According to the U.S. Small Business Administration, your chances of making it in business for five years or more are roughly 50/50. Okay, so the odds could be better, but they could be a whole lot worse too. As is true with so many things in life, much of how you perceive your odds depends on your...
As the economy went south at the end of 2008, businesses around the country – large and small – were hit hard. Many large companies laid off thousands of employees (CitiGroup, AT&T) and others went completely under (Circuit City, Lehman Brothers). With the big guys going down fast, it’s easy to imagine...
Everywhere you turn, people are snacking on cupcakes. What began as a cute novelty is now a bona fide trend that is popping up everywhere. Instead of going out for coffee or a drink, people head to their local cupcake shop to socialize with friends.
Sometimes the next best thing can over saturate...
“According to a survey by Arthur Anderson Enterprise Group (www.anderson.com) among businesses with up to 19 employees that got (startup) funding, the sources were: 68% bank business loans, 22% leasing, 16% vendor credit, 12% credit cards, 9% private...
In today’s economic climate, obtaining a small business loan, and even a simple bridge loan to make payroll, can be a monumental task. While I can’t show you ways to “beat the system”, I can show you how you can stack the deck in your favor by doing some up-front preparation. Getting the proper...
If you’re establishing a work-at-home business or a home office to run a computer-based business opportunity you will need a few basics to get you started and keep you pointed in the right direction to grow your budding business.
Here are the basics you will need to get started:
If you’ve ever operated a home-based business opportunity or even a large franchise you know that setting goals is critical to gagging your success. Setting goals should be an integral part of your overall business strategy from the very first day. Taking advice on what those goals should be can be...
If you’ve been one of the unfortunate people that signed up for a home-based business opportunity, distributorship, licensee opportunity or even a small franchise only to NOT see the success you were sold on, I feel for you; however, you’re not alone. I have some tips for you to possibly revive that...
Many often ask this question of entrepreneurs, but have you ever asked it of yourself? Do I really love what I do? Maybe what you do is out of a real necessity or perhaps you feel the "need" to do it. If you are in business for yourself and don’t know the answer to this question, you need to ask it now....
Seeking sound legal advice when buying a business opportunity is a critical step one should take before signing anything. Consultation with a legal expert who can answer your questions while guiding you is worth the time and money. In addition, legal experts can review and evaluate documents before you...
An Exclusivity Clause is part of a larger legal document and is often overlooked by many who are eager to get started in business. In addition, many don’t take this part of the document as seriously as it should be taken, and don't truly understand the meaning after signing the legal document.
The...
While a Business Opportunity can have a lower threshold of entry investment with a fairly good shot of success, it doesn’t mean you’ll end up winning if you buy a Business Opportunity system versus a franchise system. In fact, a Business Opportunity has a couple of major pitfalls of which you should...
Buying a Business Opportunity is much easier than buying a franchise. This is not to say that buying into a franchise is a bad thing; it isn’t. Franchise investment has its own advantages that you may want to consider. However, a Business Opportunity has a few specific advantages that a franchise can’t...
MLMs used to be a questionable type of home-based business. This is no longer the case, as there are many that can be run successfully from your home. You can feel confident about running one if you know what to look for and what to avoid.
Multi-level-marketing (MLM), or in some cases referred to...
You’ve purchased your business opportunity, distributorship, or small franchise, and now you plan to operate it from your home. You’ve found your source of capital, you understand your business market sector, you understand your local zoning laws, you understand how to market your overall business and...
There are many factors that go into whether or not a small or home based business is a success or a failure. Competition, the economy, or just bad luck could all play a factor in how far a business goes. The most important element however is still the person or group of people that started the business...
Maybe it’s because you haven’t yet landed that dream job you hoped for right out of college. Or perhaps you’ve lost faith in what was once the more traditional standard for employment, where employee loyalty was reciprocated by employers. Maybe you’ve always been someone who takes the initiative and...
Retired and need some additional income? Maybe you’re older and wiser and want to pursue that long-held dream of being your own boss…finally! Looking to launch a second career? Read on...
Over 300 people turn 60 years old every hour in the United States. Each of them is a Baby Boomer. They are an...
Deciding to break away from the pack and walk out on the corporate world to start your own business is a big decision. You know it will require more work and dedication, and it comes with a high risk that you must face without the safety net you may have had when working inside another company. I believe...
Having known from the time he was a teenager that he wanted to be a business owner, Steven Dale is the founder of Blind Brokers Network. “It’s all I dreamed about,” he says. “I started my first real business at the age of 16 in my parent’s garage manufacturing after-market plastic parts for cars. And...
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