Tag: business plan

5-Step Guide to Starting Your Own Business Successfully

Deciding to start a business is an exciting, pivotal moment in an aspiring entrepreneur’s life. It’s also when the real work begins to turn an idea into a profitable business model. There are many different ways you can approach the business launching process. In this five-step guide, we’ll cover how you can start planning and…
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How to Start a Junk Car Business

Everyone wants to be their own boss. The 9-5 p.m. office grind working for someone else can be wearying. For car lovers, starting a junk car business can be a dream career move. If you’re prepared to hustle for clients, you can earn a very comfortable income. The business relies on slim margins. People with…
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Starting a Family Business? 5 Ways to Ensure Success

~by Lizzie Weakley~ . Running a family business can be as challenging as starting a business with an associate or former coworker, if not more so. There are personal feelings to consider as well as bruised egos. Plus, they’re people you love. And if you don’t have a plan in place, dissension can easily detract…
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Do You Have a Succession Plan for Your Business?

~by Brooke Chaplan~ . Business stock distribution is normally determined early on in a business and is included in either the bylaws, operating agreement, term sheets, or some other formal agreement. Usually, stock distribution is reserved for founding partners, board members and investors. However, business owners should also consider making stocks available to other deserving…
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grow your business

Aiming at Forever: Long-term Plans to Grow Your Business

Running a business is a world fraught with perils, and if you don’t tread carefully, you’re likely to be in deep water at best, and bankrupt at worst. The key to powering well beyond those fragile first 18 months is to look at every single decision you make and assess whether or not that choice…
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Ready to Succeed? 4 Steps to Starting Your Own Small Business

~by Hannah Whittenly~ . If you don’t like your current job, don’t think you can advance in your field, or are just looking for more control over your professional life, it may be worthwhile to start your own business. However, before you start a company, it is critical that you think your plan through. What…
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Getting Regular is not Just Good for Your Health

~by Haley Lynn Gray~ .Getting regular is not just about your health. It is also particularly important for your business. It can be both the easiest thing and the hardest thing to do. It’s not like you can take extra fiber and instantly become regular and make everything consistent. However, if you make being regular…
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profit margins

How You Can Optimize Your Company’s Profit Margins

~by Lizzie Weakley~ . What business owner wouldn’t want to continuously widen their company’s profit margins? The bigger the margin between profits and expenses, the bigger differential you get to pocket or the more gasoline you get to fill your company’s tank to accelerate growth. Achieving these fat margins on a consistent basis, however, takes…
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Business Basics You Need to Know Before You Begin

~by Haley Lynn Gray~   I have a tiny confession to make. I’m a belt and suspenders kind of girl, especially when it comes to business. That means that I’m a huge fan of getting your ducks in a row before you start getting clients so that you can protect your family if something goes…
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Want Your Business to be Successful? It’s All About Sales, Silly.

~by Haley Lynn Gray~ One of the biggest realizations I have come to in business is that it’s all about sales. Everything we do hinges on sales. If you don’t get out and tell the world about your product or service, and make a sustained effort to tell the world about it, then you will…
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