Starting a small business is no easy feat. While it’s an accomplishment in and of itself to get a team together, you’ll want to make sure your small business continues to grow. You’ll want to retain customers by thinking of innovative ways to improve your product or services to satisfy their needs. Here are a few ways to improve customer… Read more →
If you’re a small business owner, you’re in charge of doing everything in your power to limit risk so your business can run smoothly. One important risk to limit is the possibility of a lawsuit. But how exactly does one work to reduce the risk of a lawsuit? If you want to avoid getting in legal hot water, take these… Read more →
Barry Schwartz is an American psychologist. Schwartz is the Dorwin Cartwright Professor of Social Theory and Social Action at Swarthmore College. He frequently publishes editorials in the New York Times applying his research in psychology to current events, and is the author/co-author of several books including Practical Wisdom: The Right Way to Do the Right Thing about topics such as… Read more →
In the first post of this two-part series, I discussed the benefits to an MBA. In this day and age, more and more people are asking: is an MBA really a necessity? While some people view an MBA as prestigious and the only route to a well-paying job in business of finance, some people are seeing it as antiquated, or… Read more →
Social enterprise is a great sector for people who want to make a difference in the world while also generating revenue. Social enterprise is a popular type of business, but there is a lot of debate over the exact definition of social enterprise. Social enterprise is a revenue-generating process that has two goals. One of the these goals is… Read more →
When it come to small businesses, the name of a company can make or break your organization. A company’s name should convey the expertise as well as the uniqueness of your product or service. It is surprising how much time and effort it can take to come up with a name. It may seem like a trivial detail, but a… Read more →
Nearly all startups struggle to get funding. There are a number of obstacles that startups can face, and many of these difficulties are specific to particular startups. But funding is an obstacle all around. When entrepreneurs struggle to get funding for their startups, it is easy for them to feel defeated. But getting investors doesn’t have to be impossible.… Read more →
Many people with good ideas have businesses that fail simply because they choose the wrong legal structure. Choosing a right legal structure is one of the most important decisions you can make in a company. This decision affects how much you pay in taxes, as well as the amount of paperwork your business will need to do. It also… Read more →
Believe it or not, many reputable financial institutions debate the necessity of MBA’s for business success. This causes many aspiring entrepreneurs to question whether or not they want to put in the time, effort and finances it takes to obtain one. The point of these posts will be to look at the pros and cons of the MBA, helping those… Read more →
Every business must start with the strongest of documents: a solid business plan. A business plan is crucial to success because it lays the foundation for the businesses practices, procedures, vision for the future and financial sustainability. Any business that does not have a business plan is more likely to experience rocky and troubling times, versus a business that is… Read more →