Over the past couple of decades, I’ve talked with hundreds of thousands of small business owners and entrepreneurs. I can’t begin to tell you the number of times I’ve heard an entrepreneur share a story about a failed business venture that ends with, “I was ahead of my time.” Because entrepreneurs are visionaries, they sometimes […]
Small business lending is down for the third consecutive month according to the Thomas Reuters/PayNet Small Business Lending Index released last week. That doesn’t mean finding capital for your small business growth is impossible. Being prepared is one of the best ways to enhance your success. When you apply for a loan the bank is […]
The National Federation of Independent Business (NFIB) reported small businesses are beginning to add jobs — employment grew by 0.14 workers per firm last month, a bit slower than the pace in March but still the fifth straight month of gains. Are you thinking it’s time to add to your team? Making the decision to […]
When it comes to business planning — procrastination is your enemy. Small-business owners often avoid writing a plan because they don’t know how to do it. It feels likes an overwhelming, intimidating, insurmountable task. Rather than looking at your business plan as a mammoth project, think of it as a process of discovery. Unless you […]
Online storefronts are a wonderful way to sell goods and services, but presentation is key: too many businesses fail to market their storefronts successfully. Online storefronts have proven to be a cost-effective way to ring up more sales because they provide customers with self-service and self-ordering capabilities, which saves money and manpower. Those who don’t […]