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February 2017 / 205 posts found

Starting an Arcade Business – It’s Fun, Entertaining, and Profitable!

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You should consider Starting an Arcade Business for public entertainment if you enjoy entertaining and amusing people! You can set your cash registers roaring by providing loads of interactive games, computer games, video games and all kinds of electronic amusement amenities. This is a fun and family entertainment business. Youngsters and young adults just want to chill out and get their adrenaline pumping and amusement arcades are just the environment. If you are looking for self-employment options that will earn you a stable and profitable income you need to consider the arcade business. Before Starting an Arcade Business you need […]

Is Starting A Cupcake Business Right For You? 5 Critical Factors You Must Consider

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All around the globe recently cupcake businesses have been taking off in popularity, and it doesn’t take a lot of analysis to see there are many reasons for this trend. In a nutshell, nearly everyone loves a cupcake. They generally come in a variety of delicious flavours and also presented sizes that are not too big or too small, which is great for those who are trying to watch their diet yet wish to enjoy a sweet indulgence now and then. In addition to this, with the financial situation that many people are struggling with in today’s economy, the cupcake […]

3 Marketing Automation Predictions Every Marketer Needs to Know

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The other day, a prospect was asking me about the upcoming marketing trends for 2017. Marketo has developed an informative article based off of a session at the 11th annual SiriusDecisions Summit entitled: Marketing Automation: What the Future Holds. This article and summit session outline predicted the automated marketing trends for the upcoming year. Seventy-four percent of marketers say converting leads is their top priority. Thanks to marketing automation, marketers can collect specific data to create more effective marketing campaigns. Here’s a quick peek at my top three marketing automation predictions for 2017: 1. Personalization Will Expand With the prominence […]

How Two Brothers Put Purpose Over Profits To Build A Top Insurance Franchise

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By Natalie Burg Brothers David and Michael Miller were brought up to fight for what they believe in. Some of their earliest memories are of attending civil rights rallies with their mother in the 1970s. Decades later, they draw a direct connection between the values of their upbringing and the astounding growth of the company they founded together, Brightway Insurance. “We were always raised that it was our responsibility to stand up for what we thought was right,” said David Miller, Brightway’s chairman and co-founder. “It was very natural to us to build a system that was doing things for the […]

True Story: Missing Assets Equal to A Year’s Sales – Planning, Startups, Stories

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You don’t think finance and accounting matter in small business? Here’s a true story, and it’s about a small business like the ones I write about, in fact one I was involved in, not a large publicly traded company. $3 million worth of assets went missing, but nobody took them. Where do you think they went? Let’s hope this accounting nightmare doesn’t come up in your business. This really happened I know, that seems like standard large-company stock market stuff, but here’s a true story of Creative Strategies International, which was then a medium-sized high-tech research and consulting company owned […]

50 Home Based Business Ideas You Can Start With No Money

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You don’t need a ton of startup cash to get a successful business off the ground. There are plenty of home based business ideas that you can grow simply through bootstrapping. If you’re interested in starting your own business at home but don’t want to put a huge investment in up front, read on for a list of 50 home based business ideas you can start with no money. Home Based Business Ideas You Can Start With No Money Blogger You can set up your own blog online for free using a platform like WordPress and then earn an income through […]

Factors to Consider Before Starting A Small-Scale Business

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Real easy to start a business. Register your business name at the Companies Commission of Malaysia known as SSM and in about 45 minutes, you already have a business. However, a short business registration process is not meant in no time you too can benefit your business. You are lucky if this happens. There are several other factors you should consider before stepping foot into the SSM. Does your business simply want the money? There is no doubt that every entrepreneur wants profits from the business. But, if you will continue to do business if you can not benefit in […]

Tips for Offering Move-In / Move-Out Cleaning Services

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People and businesses are moving from homes, apartments, and offices on a daily basis. As people and businesses move, they either need their old location cleaned or want to make sure their new location is clean before moving in. Your cleaning company can fill this niche by providing what is known as move-in/move-out cleaning. It can be an added service that your cleaning business provides, a way to give employees new skills, and a great way for your company to make more profit! Move in/out cleaning can be cleaning a building after an old tenant moves out or before a […]

The Secret Ingredient That Makes Someone a Great Entrepreneur

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As we celebrate entrepreneurs this National Entrepreneurship Week, it seems that there is one fundamental question that underlies the entire discussion: Just what does it take to be a successful entrepreneur? I’ll tell you what I think is the secret ingredient (having studied the question for, well, forever) but before I do, consider first the usual suspects: For starters, there is the issue of vision. The concept of entrepreneurial vision is ubiquitous for a reason, for, without a vision, there is nothing, literally nothing. I mean, think about it – what does it take for someone to create a business […]

How To Start A Personalized Gift Business

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Personalized gifts make very good options for creative people with a need to express love and gratitude in the most unique and special way. A personalized gift goes to show true care and people love receiving thoughtful creative gifts. If you would like to venture into the personalized gift business, you will need to work with a plan to make it all work for you. Here are a few simple guidelines that can help you start on a high note with your gift business. 1. Find your Niche – There are dozens of online stores selling varieties of personalized gifts. […]

8 Ideas to Attract Customers to Your Store on a Slow Day

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This is a tough time for retailers. You’re caught between the holiday shopping frenzy and the anticipation of spring. Bad weather in most of the country (even in Southern California where I live, it’s been pouring rain for months) tends to keep shoppers indoors. On one of those days when you’ve been open two hours without a single shopper walking through the door, how can you turn things around? Try these ideas. How to Get More Customers 1. Make the most of the shoppers who do come into your store. Don’t scare them away by being over-eager (shoppers can smell desperation). […]

What to Consider Before You Hire a Lawyer For Your Small Business

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For small business owners, dealing with legal matters can be time consuming and stressful. The small print, the legal jargon and the intricacies of decisions can lead to all kinds of problems. As such, it usually makes more sense to hire a lawyer to handle legalities. However, before choosing a law firm to take care of your business, there are a few things worth considering. Reputation and expertise As with anyone you hire, it is important to have a good relationship with the law firm you choose. You should be able to seek advice and counsel from them and it […]

How To Protect Your Business From Ransomware

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by Rieva Lesonsky for SCORE Is your small business at risk from ransomware? The latest cyberthreat, ransomware attacks work like this: Hackers infiltrate your business network, encrypt your data and then hold it for ransom, refusing to un-encrypt it until you pay up. While ransomware has been around for a while, it’s becoming more insidious and more widespread, Symantec reports. The latest development, crypto-ransomware, uses unbreakable encryption so that even if you remove the malware from your system, you still can’t read your data. Ransomware on the rise Ransomware has become easier for cybercrooks to use; as a result, the […]

20 Advantages and Disadvantages of Outsourcing from Your Small Business

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Over the course of the past couple of decades, outsourcing has become one of the most hotly debated topics in American politics. Nobody likes to see jobs go overseas, and lawmakers love to use a firm stance against the threat of outsourcing as a rallying point for their wider business agendas. But in the realm of small business, outsourcing doesn’t necessarily mean taking work overseas. When small business owners talk about outsourcing, they’re usually thinking of farming out content work to freelance writers, hiring an accountancy firm to take on the book keeping or relying on an employment agency to […]

Should I Quit My Job to Start My Own Business? 9 Questions You Need to Ask

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For many, the hardest part of starting a business isn’t coming up with the idea or choosing the right name. Deciding when the time is right to start a business is often the biggest challenge. How do you know when to take the plunge? Should you go all in, all at once—or take it more slowly? This can be an extremely difficult question to answer, and doing so involves a careful assessment of your own strengths and weaknesses, your position in life, and (of course) your financial situation. Generally speaking, it comes down to a decision between “jump right in,” […]

Cleaning Business Profits, Earnings and Salaries – How Much Money Can You Make?

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The cleaning business, while not the most glamorous of industries is nevertheless a fast growing multi-billion dollar business in the US and offers entrepreneurs unique opportunities to profit and earn a ‘six figure’ annual salary. Let’s examine the cleaning industry and look at how much money it is possible to earn and what it takes to get to the ‘six figure’ level. How much Money can you make Cleaning? Most small cleaning business owners who work at it full-time as sole operators in their first year are able to earn between $20,000 and $30,000. Once they are able to take […]

The Advantages and Disadvantage of Opening a Restaurant Franchise

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When I talk about running a franchise business, most people automatically assume I’m talking restaurant franchises. That’s because most franchises in the food industry are wildly successful and in turn growing in numbers and popularity. You’ll be hard pressed to find independent restaurants at all anymore due to the success of food franchises. The best part is that despite the growing number of food franchises, buying a restaurant franchise is still one of the few close to being a guarantee opportunity in the world of business today. It’s true that there are number of difficult issues that come with owning […]

The Top 4 Things Genius Entrepreneurs Do Regularly

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Smart entrepreneurs know how to do one thing extremely well—leverage the success of others. Leverage is the power to effectively get more done with the least amount of effort. When you know what successful people are doing, you don’t have to spend years trying to figure it out. That’s not to say that knowing what others are doing will make running your business effortless, but it will provide you with the ability to identify ways to succeed without having to stumble around in the dark. Here are four things that genius entrepreneurs do on a regular basis, and that you should […]

Small Business Idea – How to Become a Broker For Anything and Start Making Money ASAP

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If you are interested in making some great money with almost no overhead and start-up costs, then becoming a broker could be the business for you. Read on to find out how you can be the middle man in almost any transaction and profit from it. In a nutshell, a broker is just a person that matches up buyers and sellers, taking a profit for the difference in price between the sales price and the buyers price. It’s almost just like the stock market, where the market makers get a tiny cut of each transaction in order to keep the […]

Simple Accounting For The Small Business – Bookkeeping Using A Simple Spreadsheet Template

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Starting a small business out of your home, offering products or services like business consulting, photography, selling on the web or a MLM? You are now faced with tracking all your expenses and revenues for your business and you certainly don’t have the money yet to engage a bookkeeper or accountant. If your business is a sole proprietorship, whether it be a Canadian Proprietorship or a US-based Proprietorship, you do not require an accountant to submit your company financials (books) to the IRS (USA) or Revenue Canada). Your business revenue and losses are reported as part of your annual personal […]

Grants For Starting A Catering Service

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Starting a catering service requires some initial investment to get supplies, an equipped kitchen, advertising, and other business startup expenses. Of course, you don’t need to start big, so you won’t have too much startup costs, but it will be a good thing if you could find someone else to pay the initial money for you. It isn’t a dream. With the right business grants you can make it happen. Every year the US government simply distributes millions of dollars in the form of free business grants. The government does little to advertise this as it would not be to […]

Factors to Consider Prior To Starting a Landscape Supply Company

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Irrespective of one’s financial status, starting a company or rather business is not a walk in the park. It gets even harder when it is a landscape supply company. Unlike other supply businesses, a landscape supply business is highly profitable. Suffice to say, it is a very lucrative business that requires one to have necessary resources and ample skills to effectively run it. Therefore – prior to starting such a business – it is imperative for one to understand what needs to be done, when and how to go about the entire process that is involved in the daily running […]

How to Start Your Own Spinning Sign and Human Billboard Service Business

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You can start your own business working for yourself, as a human billboard or a spinning sign holder, either part-time on the weekends, or full time. These days, lots of companies hire individuals to stand on busy intersections and street corners, with large signs to entice customers to come in, or stop by. New home builders, grand openings, pizza places, political campaigns, etc… have been using people as human billboards to advertise for them, and the demand keeps growing. There are even classes on sign spinning, and doing tricks with the signs, that will get people noticed even more, when […]

Catering Business Profits, Earnings and Salaries – How Much Money Can You Really Make?

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Many people have turned their love of cooking and entertaining into a good living by starting catering businesses. Catering is a multi-billion dollar industry in the U.S. and as one of the fastest growing segments of the food and beverage industry, the catering business offers great opportunities for those wanting to start a small business with a low start up cost. In this article we will look at catering business profits, earnings and salaries and how much money it is really possible to make in this industry. Then we will examine some of the things that separate the really successful […]

9 Ways to Organize Your Small Business Using Binders

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Staying organized is key to an efficient, successful small business. A must-have organization tool is the binder. A binder, with its labeled page dividers and paper, can make order out of chaos in such a simple and affordable way. Vinyl binders are a great choice for the office because they are durable. There are many vinyl binder options available. There are binders with round or D-rings. The 3 ring binder is a popular choice. In addition to the standard 3 ring, there are 2 ring, 4 ring, 6 ring, 7 ring and more. There are different sheet sizes, pockets and […]

How to Build a Great Startup Culture

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Reader Resource Join Entrepreneur’s The Goal Standard Challenge and make 2017 yours. Learn more » Startup founders are usually so busy building their companies and improving their products that they underestimate the value of company culture. Company culture is not just about office game rooms, free snacks or casual Friday. It’s about how your team works together. It’s what your team believes in and what they value the most. In order for your team to collaborate effectively, you need to build a strong company culture. Related: 3 Ways the Work Environment Defines the Entrepreneur Build on your strengths. Startup cultures […]

Why Workforce Diversity Is Key to a Small Business’s Success

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The word “diversity” fits into all industries. In fact, it’s one of the keys to success. Many businesses can and have benefited enormously from a diverse workforce. Whether it’s women smashing the glass ceiling in the fintech sector such as Guste Sadaunykaite of TransferGo, or Martine Rothblatt breaking gender barriers in the pharmaceutical industry, the message is clear: Diversity is the key to success in life and in business. Diversity comes in a range of ways. Age, race, religion, gender, sexual orientation, disability, among others, are all classed by law as protected characteristics. You are protected by law under the Equality […]

Start a Cleaning Business – Choosing a Niche Market

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The cleaning industry has many different niche or market segments. When starting your cleaning business you first have to decide which market segments you would like to target. Focusing on one specific niche and specializing in that market segment only is a common approach although it is easy enough to cater to more than one cleaning market niche. You should at least decide if you want to specialize in residential cleaning work or commercial cleaning, as these two markets are quite different. Let’s take a look at some of the niches within the cleaning business to give you some ideas […]

How to Create a Wellness Program for Your Small Business

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In order for your small business to be as successful as possible, you need your employees to operate at full strength. If you have a staff full of people who are constantly at home due to illness or only working at half speed because they’re stressed about their health or even health-related financial issues, then your business can’t function properly. A wellness program at your workplace can help you keep your employees productive by making sure they’re as healthy and stress-free as possible. Here are some tips for getting a wellness program started at your office. Creating a Small Business […]

Sales Coaching vs. Sales Training: The Difference and Why It Matters

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Sales managers know it’s important to spend time evaluating their employees, talking to them, and making sure they have the skills and tools they need. Most managers will call this either coaching or training, with no differentiation between the two. If you want to truly excel as a sales leader and ensure your team is performing in top shape, it’s important to understand that training and coaching aren’t the same thing. Coaching is usually preferable, but training has its own strengths and weaknesses too. Here we’ll discuss exactly what the differences between coaching and training are, why they’re important, and […]

7 Things Startups Should Know About Outsourcing Development

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For a startup to get through the teething stage and gain recognization, it must have its own unique system. It must consider as all-important such activities as hiring, training and the outsourcing of development, plus such elements as brand, structure and values. Related: 5 Things Small Businesses Should Outsource Along the way, outsourcing is a common practice many startups use to complete these tasks. In fact, I know startup entrepreneurs who outsource virtually every task. There’s good reason for that: Outsourcing can lead to high levels of productivity at relatively reduced costs. A study by Intetics revealed that outsourcing can save companies 60 percent […]

Starting An Online Business? ECommerce Solutions – The Conclusion

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Over the past few weeks we have covered the various aspects of setting up an online business and what a business owner needs to create to become successful with their ecommerce solution. Operating any business is hard work offline or online, so by managing both, the business owner takes on the responsibility of dictating offline and online strategies to best suit their business. By going over the various guides that I have previously created, the business owner will have an online plan of what it takes to operate a successful online business. There are a few extra points that I […]

5 Tips to Get More Facebook Engagement

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Your business has a Facebook page, but is anyone actually paying attention? With so much competition on Facebook these days, it’s important to measure not just “likes,” but how many people are actually engaging with your posts. A new study by BuzzSumo has some valuable tips about how you can get more Facebook engagement—and get more results from your Facebook presence. BuzzSumo reviewed more than 800 million Facebook posts from 2016 to see which ones got the most engagement from Facebook users. Facebook is the largest social network, with 1.79 billion active monthly users last year, the study says. A […]

So You Want to Own and Operate an "Alarm Company" – What is Your Plan of Attack?

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There are an immense amount of things to consider once you choose to enter the electronic security and alarm field as your next business. In my experience, the people who take this endeavor on, are coming from careers as alarm installers or have a great amount of engineering experience. What attracts a person to the alarm industry and makes them want to run their own alarm company are usually the recurring revenues from monitoring. There is a great amount of money to be made in the monitoring side of the business. Many also find the industry to be somewhat recession […]

5 Must-Have Presentation Skills for Entrepreneurs

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By Ashish Arora The ability to present and persuade is crucial for entrepreneurs to sustain success within their businesses. However, with each presentation, there is a lot at stake. During the startup phase, being capable of bringing investors and customers on board is essential to your survival; in the growth phase, being able to keep your corporate vision alive and gain new and enthusiastic supporters builds on your ability to grow and prosper. In our digital age where people are inundated with messages, you need to be able to add a “wow” factor to your presentations. To do that, you need […]

Debunking Common Small Business Myths

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I’m constantly astounded by how many aspiring business owners there are who believe totally false narratives about what the reality of owning a business will be like. For example, I know lots of people are often concerned about not being able to raise any money to actually get started, but in actuality, this part is very doable. In fact, there are a ton of incorrect myths that surround entrepreneurship. For starters: There isn’t enough money to go around: Yes, of course during the recession capital was harder to come by, but let’s do a little thought experiment: Take a mental […]

Start Your Own Document Scanning Business

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The world is advancing leaps and bounds when it comes to the conveniences of modern technology. This principle certainly applies to the office environment. Today, more and more companies and small enterprises are choosing to do away with the old system and are converting their paper documents to digital files. So why not capitalize on the trend and open your own document scanning business? If you possess computer skills and a modest amount of capital, you can certainly benefit from the latest in office modernization. So how do you go about setting up a document scanning business? It’s not as […]

Start-Ups for the End of Life

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A new crop of tech start-ups is hoping to capture a slice of that sector. Many are founded by millennials, who have grown up online and expect to shop for — and curate — everything there. Continue reading the main story As baby boomers become more comfortable shopping online, these start-ups are finding a highly engaged audience. And those in their 20s and 30s, hitting major life events like marriage, the birth of a child or the loss of a parent, also require planning services. The typical customer would be someone like Michelle LaBerge, a resident of Oshkosh, Wis., who […]

SMBs: It’s Time to Embrace AI Technologies or Risk Falling Behind

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By Jamie Domenici It’s nearly impossible to scan the news without seeing a headline around the rise of artificial intelligence (AI) and the impact this technology is having on our daily lives. From pizza deliveries by drone to robots picking up dry cleaning to Google’s self-driving cars, the advancements in consumer-focused AI are quite remarkable. AI even works hard in the background, creating a memorable experience for consumers, as seen with Spotify and Amazon’s ability to recommend things based on purchase history and shopping preferences. Perhaps less sexy—but just as important—AI is also revolutionizing the workforce and how companies interact […]

5 Steps To Building A Profitable Home Internet Business In 2017

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Building as profitable home internet business is not as complicated as you may think. You may be nervous about getting caught up with technical issues that seem impossible to understand. Or you might feel that you’re too old, too young or too inexperienced. Or you may just not know where to start. As long as you know what you want to sell and who you want to sell it to, you’re ready to get started. Let’s take a look at the 5 steps to building a profitable home internet business. 1. Get Your Website Online With modern software and technology, […]

The Crystal Ball and Chain – Planning, Startups, Stories

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One of the somewhat hidden benefits of good planning process in a business is management accountability. And one of the problems that comes up, in organizations that introduce good planning process, is what I call the “Crystal Ball and Chain” problem. I’ve run into it several times as I’ve introduced the planning process into a new company or organization. Fear of accountability and commitment People in the organization sometimes fear business planning. In the background, the fear is related to accountability and commitment. Usually they don’t realize it. They state their objection as: “But how can I possibly know today […]

Are Business Partners Your Biggest Asset?

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If you’ve started a business, it goes without saying that one of your objectives is to make money. However, if you’re like most entrepreneurs, this may not be your only goal. According to a survey conducted by Bizjournals.com, there are four distinct types of business owners, each with a different reason for starting their business. First, there are the “passionate creators” who created their business out of a pure love for what they do. Next are the “freedom seekers” who started their business in order to gain control over their work life. Then there are the “legacy builders” who saw […]

Marijuana Company Prepares to Cross State Lines, as Legally as Possible

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“These changes are costly for small businesses,” said Joe Hodas, chief marketing officer for the company. In addition, because of federal laws, marijuana companies cannot open bank accounts, cannot use credit cards and cannot deduct business expenses from their federal taxes. Giant safes full of cash and pickups by armored cars are the norm. Many companies in the marijuana industry had been started by product aficionados with little business experience. As legalization spreads, the industry is quickly drawing more business professionals, as evidenced by Mr. Smith and Mr. Keber, who began their endeavor with experience in corporate finance, marketing and […]

5 Types of Startup Investors To Avoid

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Entrepreneurs rely on investors for funding, support and guidance. Naturally, this type of business relationship can bring out the best or the worst in different types of investors. Startup communities around the world depend on trusted, altruistic investors who are well-aligned with their founders — here are a few investor profiles you don’t want to be and a few you want to avoid if you’re an entrepreneur.  1. Monsieur pay-to-pitch All too often, we’ve encountered angel investors who actually charge entrepreneurs to pitch them. And without enough angel investors to accommodate new startup communities, it’s no shock that they get away […]

Are You Making One of These Leadership Mistakes?

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Giving your team a strong, motivating place to work is one of the foundations of being a good leader. Bringing out the best in each of your employees is another. These big picture goals are lofty. They’re also daunting enough to sometimes steer even the best leaders off course as they try to find their leadership style. If you’re struggling to keep your team motivated, here are five mistakes you might be making as a leader. 1. Not Delegating It’s easy to get trapped in the comfort zone of doing everything yourself. After all, if you do it, you know it’ll […]

How to Start a Gift Basket Business From Home on a Shoestring Budget

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Opening a gift basket business in your home can be one of the easiest ways to enjoy doing something you love, while making a nice profit for yourself. According to a recent government study, the home gift basket business is growing by leaps and bounds. If you have a creative mind, and like the idea of selecting unique items for gift baskets that make people happy, then this is a great business idea for you. Learning how to start a gift basket business begins with coming up with cool ideas for creating gift baskets at home. To make this task […]

Why Luck and Networking Can Catapult Your Business

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Catch me at a business event, and you’ll see me walking up to complete strangers, shaking hands, and asking lots of questions. Why? Because my philosophy is always be networking. It’s not that I’m trying to make money from every person I meet, but I have learned, time and again, the power of serendipity and networking combined. Embrace Random Encounters At a recent event, I walked into an elevator and greeted the man inside. Now, most people politely smile back, but I knew this guy was different when he responded enthusiastically, “It’s a great day!” We continued our conversation, and I […]

Top 10 Tips For Starting a Successful Multi-Restaurant Delivery Service

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When planning to start a restaurant delivery business, here are 10 tips to help you plan, start and succeed in starting up your own food delivery service. 1. Do a research first. Before starting any business, be sure to find time to dig up resources and valuable information about the business. This also applies when you have decided to start a multi-restaurant delivery business. Reading informative articles would be really helpful but you should also find time to talk to people who you think would give you additional information about the business. If you find a website that offers information […]

Insure This Business? Start-Ups Face Challenges

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But getting insurers on board wasn’t easy. He contacted five companies before finding one that would sign him on. Mr. York had to demonstrate that he could strap down the equipment in the van to reduce the risk of road accidents and that his certification as a personal trainer reduced the chance that clients would be injured. Continue reading the main story Initially, he tried to save money by not insuring his equipment, thinking that it would be safe while locked in a van. Nevertheless, after one van was vandalized in 2014, he started insuring the equipment as well. Insurance […]

You Don’t Have to Be Superwoman to Be a Sales Success

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Some salespeople are not as successful as they may seem. Even if they are exceeding their sales goals, what you are not seeing is the hefty price they have paid to make their high numbers. And who are these “super salespeople”? These salespeople are female, and they are making a big mistake because succeeding at sales isn’t supposed to kill you. Who are these women? Yes, I say they are women because I’ve never seen a guy run himself into the ground like women do. These women are smart, humble, and driven—qualities which make them perfect for sales. It’s not […]