If you are a small business owner, you are likely inundated with marketing messages everywhere you go about the latest in cutting edge business technology. Every new device comes with the promise that it will unchain you from your desk and earn you thousands of dollars. It can be easy for a business owner to [...]
With innovative ideas such as mini-retirements, outsourcing, and the paradigm the “New Rich,” the book The 4-Hour Workweek written by Timothy Ferriss received rave editorial reviews upon its release in April 2007. The book also reached the New York Times Bestseller list almost immediately, and continues to be a hot topic of discussion all over [...]
There is an old saying that holds true even today: “Success breeds success.” In the early days of your business, you were likely concerned with simply staying afloat. Lining up consistently paying customers may have been difficult and you may have gone for long periods with little business. However, something happened since then that caused [...]
If you run a small business, you may find yourself quickly overwhelmed by the sheer volume of work that is required. Not only must you juggle constant deadlines from a wide range of clients, but the housekeeping tasks can be immense. From bookkeeping and accounting to cost estimating and project management, the small business owner [...]
Many small businesses begin as one-person operations. A new small business owner may have neither the budget nor the workload to justify hiring employees. In the early days, this generally works just fine. A small business with a slow stream of work usually allows its owner plenty of time to focus on all aspects of [...]
As a business owner you are comfortable with the daily routine of your office. You know the intricacies of your workplace and are comfortable with the workflow. You can see the friendly faces of your employees in every cubicle or behind each desk. Your business has a rhythm and when you achieve that rhythm, everything [...]
Business owners who are advancing from the solopreneur to a staffed organization can’t always make that leap from one to the other cleanly. They will often discover that there is an intermediate step in between, although not everyone knows this.
It’s true! In the steps between running a business on your own and running a staffed [...]
When you are considering the possibility of hiring staff – whether that staff includes a virtual assistant, an onsite assistant, freelance consultant, or an entire office of staff – you want to make the right decision as quickly as possible and get the role filled. After all, every passing day without a person in the [...]
Have you ever wondered what separates a headlining “superstar” of an industry from the rest of the pack? What makes Seth Godin or Tony Robbins or Jeffrey Gitomer a thousand times more successful than the rest of us? There are plenty of potential answers (and certainly, I believe it’s a combination of factors), but there [...]
Small business owners are not always the most qualified to run their business. They are often very good at performing the service they provide but they might not be skilled at administration, marketing, sales, or the myriad of other tasks required. So here are nine tips to help small business owners manage their businesses more [...]
As a small business owner, you need to make important decisions regarding the business structure for your company. Each structure has certain advantages and disadvantages, particularly in the area of tax requirements. Due to the complexities of tax law, it’s highly recommended that you seek legal advice from a qualified tax professional prior to making [...]
