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June 2018 / 32 posts found

How to Choose a Home Business

by Manuela
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The Internet is a jungle and can be a scary place when you are searching for that needle in the haystack. When searching for the perfect home business, don't give up and especially don't be discouraged. If you have made your mind up and are serious about changing your life; spending more time with your family, spending more time on yourself, realizing financial freedom and creating wealth that will allow you to achieve the lifestyle you dream of, then the only choice is to be your own boss. Of course that means you need a business that will create income [...]

How Are Small Businesses Using Social Media?

by Manuela
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How does your business’s social media use measure up? Last month, I shared some interesting updates about how American consumers are using social media. But how are small businesses using social media? MarketingProfs recently reported on a new survey by Clutch that has the latest insights. Here’s what you should know. The majority of small businesses use social media Almost three-fourths (71%) of small business owners in the survey say they currently use social media, and 16% say they plan to start to in the future. Only 13% say they have no plans to use social media in the future. [...]

Starting a Business – Making Money Online – Most Frequently Asked Questions!

by Manuela
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Everyone starting a business making money online is asking two very critical questions ... How do I start a business? "And" How do I PROMOTE a business? " Two simple questions ... yet there seems to be a million different answers or opinions. The answer or opinion will be based on the type on program or business you are promoting. Some will tell you what to do but very few tell the how. Explaining how to get it done is more important than the "what." If they never provide you with an explanation, then you never know if they realize [...]

Looking to invest? 2018’s best sectors for entrepreneurs

by Manuela
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If you’re got some spare cash to invest at the moment, it’s likely that you’re feeling positive about the range of investment vehicles on offer. With so many different sectors available, there’s never been a better time to get investing if choice and diversity are important to you as an entrepreneur. Whether you’re looking to invest in a digital-first business that operates through the internet or you’re more interested in traditional investment options such as property, there’s plenty to pick from. With that as a focus, here are some of 2018’s hottest investment sectors. Property The US property market has [...]

Getting a Line of Credit for Your Business Doesn’t have to be Hard, Read These 5 Tips

by Manuela
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Have you considered getting a line of credit for your business? If you haven’t, you should know the importance of this flexible financial tool, and the relative ease of getting access to one. While not every business needs a line of credit to survive, you should know how it works, and the best way to obtain one if and when you need it. In case you aren’t familiar, a business line of credit is a floating loan extended to a business for a variety of purposes. At any time, a business may draw upon that line of credit to pay [...]

4 Reasons Why Outsourcing Is a Good Strategy for Start-Ups

by Manuela
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No matter how hard you try, you can not be equally good at everything. Efficient division of labor has been the hallmark of all successful businesses. Regardless of how talented you are, there is a limit to how much you can do. Outsourcing, when made use of properly, can do wonders to your business. So, how to tell whether your start-up needs outsourcing? Here are four concerns that you should take into account: You are in a hurry Regardless of how talented your new hires are, they usually need at least half a year to settle down and get integrated [...]

How to Jump Start Your Online Business by Locating the Perfect Niche

by Manuela
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Can I Interest You in an Extra $ 300.00 a Week, $ 2,500 a Month ...? Let me ask you a simple question here ... Could you use some extra money? If you're anything like me or most people out there, I would assume that the answer is yes! And if I could show you how to earn an extra $ 300.00 a week or more consistently, and all you needed was to spend a couple of hours a day at your home computer ... Would that intrigue you? Then read on ... Very few people know what I am [...]

Essential Office Supplies You May Need to Start Your Business

by Manuela
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No matter what type of business you plan on starting, you’ll need some basic office supplies to support your operations. The exact items you invest in will depend on your own needs and processes. However, there are some items that can be helpful for businesses in a huge array of industries. Here are some of the office supplies that you might consider purchasing to get your own venture off the ground. List of Basic Office Supplies Printer Paper This is necessary for any important documents that you want to print out or copy. Notebooks These can be used for handwritten [...]

3 Ways to Avoid Startup Roadblocks

by Manuela
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Here’s a bit of not-so-surprising news: Startups fail. In fact, a 2018 Statistic Brain study says after just five years in business, 55 percent unfortunately do. And the reasons for failure vary: Most often, it’s incompetence (46 percent); other times it’s plain lack of experience (11 percent). But what if a new business fails because it hits a roadblock it can’t bounce back from? If your new business hits a bump in the road — and it might — proud entrepreneurs, don’t let it kill your startup. Ways to pivot do exist, but first you have to identify what went wrong. But [...]

6 Online Business Ideas for College Students

by Manuela
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Every student wants to earn money. However, it seems to be impossible as you do not have enough experience to find a part-time job and you do not have enough time to find a full-time job. Frequently, students think that they have nothing to do in this situation and decide to earn money working as waiters or dog walkers. Of course, there is no bad job, especially at the beginning of your career but today you have multiple opportunities to start developing as a professional while still being a student and not to lose your precious time on the jobs [...]

How to Create Perfect Custom Images for Your Website, Blog, and Social Media

by Manuela
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Using high-quality images on your website, social media channels, and blog posts not only makes your brand more appealing—it also drastically improves conversion rates. In general, humans are visually focused, and much more likely to read and remember an article with compelling visual accompaniment than one with a huge block of text. But here’s the catch: decent stock images can be costly, and while some businesses have the luxury of being able to afford a graphic designer, it’s not an option for everyone. Below, I’ll cover how to source and alter your own custom images, as well as how long [...]

What You Need to Start a Mail Order Business

by Manuela
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There are two main divisions in the mail order business; first, as carried on by a small dealer giving it his whole attention; second, as transacted by an established house, either as side issue to assist the traveling sales department, or as in case of Montgomery Ward & Co. and other catalogue houses, as a sole business. The underlying principles of the business are the same in all cases, differing only in application. The requisites for a successful start may be briefly outlined and if conscientiously followed out will bring a degree of success depending only upon the extent of [...]

More Than Half of Small Business Buyers are Under 50

by Manuela
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If you’re looking to sell a business this may be the time — and you may want to look for buyers under the age of 50. The 2018 Small Business Owner & Buyer Demographics study by BizBuySell has revealed 53% of small business buyers are under the age of 50. But the largest percentage of buyers in a single age bracket are between the age of 50 and 59 years old at 32%, the survey says. BizBuySell Q1 2018 Insight Report According to BizBuySell, around 10,000 small businesses changed hands in 2017 across the United States, which was a 27% year-over-year [...]

10 Tips to Improve Your Business AND Work Life Balance

by Manuela
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Increasing your sales through lead generation and content marketing doesn’t have to require a huge commitment of time or money. Instead, there are some effective strategies and tips you can use to get more done in less time, allowing you to also enjoy your family and life. If you’re interested in selling more without spending your whole life working on your business, here are some essential insights from members of the online small business community. Generate New Leads Without Spending a Fortune Increasing your sales quickly can be a major undertaking. It sometimes requires a large investment of both time [...]

Starting a Home Business – Some Precautions You Ought to Take

by Manuela
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Setting up a home business is stereotyped as the easy way out of an 8-hour job so many in the employed sector wants to escape from. And yet, setting up a home business can be fraught with risks and challenges. If you are thinking of going on your own, you should take an inventory of these first before taking the plunge. For one, you need to become a generalist. In your office job, you are perhaps a specialist. Your focus is on a specific area of ​​your company's business, eg, purchasing, logistics, finance, human resources, sales, marketing, and so on. [...]

9 Smart Bookkeeping Tips for Small Businesses

by Manuela
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Are you a numbers person? Some small business owners love going over their books—after all, it’s their personal scorecard of how well the business is doing. Others dread dealing with numbers or get so caught up in day-to-day operations that they neglect their bookkeeping. Whether you love it or hate it, good bookkeeping is essential to small business success. Here are nine bookkeeping tips for small businesses that will help put your business in the black. 1. Separate your personal and business finances When your business is just starting out, it’s easy to mix and mingle expenses and income—but it’s [...]

101 Survival Tips for Your Business

by Manuela
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There is no disputing the fact that a lot of businesses are collapsing in Nigeria and indeed the world over today because of lack of knowledge of what it takes to salvage the situation. This has even led to serious health conditions as many entrepreneurs have become hypertensive and their health state has defied medical solutions. This is because as long as the survival of their businesses is threatened, their own survival too will continue to be under threat. This is why I am reviewing this book this week as a textual solution. I wish you pleasurable reading. This text [...]

10 Growth Strategies From a Decade of Tech and Business Pioneers

by Manuela
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By Elisabeth Chin The past decade of global business has been exciting, scary, and disruptive, to say the least. Tech startups rule the world. Uber and Airbnb exemplify network-based models that grow at lightning speed. Robots have taken center stage, and innovation continues to drive the globe into an uncertain and unpaved future. This has been a decade of innovation, and my company has had the privilege of speaking one-on-one with some of the most highly influential thought leaders in the world of technology and business. Here is a summary of their mind-blowing work and how businesses today can apply [...]

5 Steps to Successfully Onboarding New Employees

by Manuela
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Onboarding is the process of starting new employees at your business, where you and the worker fill out a slew of new employee forms. But onboarding shouldn’t end when the last of the paperwork is signed. Onboarding should also help acclimate employees to their new job and work environment. To reduce turnover, you need to make sure employees adjust to their positions and are happy, and that means you need an effective onboarding program. Try the following tips to make your onboarding more successful: 1. Create a plan Create a detailed plan of everything you need do in your onboarding [...]

How to Manage the Stress of Starting and Running Your Own Business

by Manuela
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Getting your business off the ground and keeping it going comes with many challenges. You’re balancing everything from coming up with the right business name, developing your marketing plans, and figuring out how to maintain customer satisfaction. But throughout your career as an entrepreneur, you’re going to need to prioritize healthy stress management. By tackling that part of your well-being, you’re increasing the chances of being able to thrive under pressure. Here are some principles and tips to keep in mind. Don’t go it alone Perhaps you’re a fiercely independent person and want to handle as many aspects of your business [...]

Thinking about Names for Your New Business? These 20 Startup Name Generators Could Help

by Manuela
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Choosing a name is one of the most important early decisions you’ll make for your business. But it can also be tough to wait for that aha! moment where the perfect name just comes to you. So if you want to intentionally move the process along, you could try an online name generator. These tools essentially allow you to input some basic information about your business and then automatically generate suggestions that could help you create a relevant brand for your new venture. Of course, you’ll still need to check that your name of choice isn’t protected by another trademark [...]

Common Mistakes Young Entrepreneurs Make and How to Fix Them

by Manuela
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Starting a new business has its ups and downs. And with little or no experience in the business, there’s a high possibility of making some mistakes which affect the growth of your business in one way or another. But being aware of some common mistakes entrepreneurs often make and their remedies will put you in a better position to realizing your business goals. Here are 5 common mistakes and what you can do to avoid such mistakes. Lack of an efficient business plan A good number of novice solopreneurs often venture into business without having a proper plan in place. [...]

Home Based Business Opportunity – Top 3 Mistakes Made When Starting An Internet Home Business

by Manuela
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You are ready to jump on the web and make your dream a reality. You want to start an internet home business. This is a great opportunity for you to pursue your dreams and make a profit at the same time, but be wary of the many pitfalls and mistakes that can hinder the success of your home based business opportunity. Here are the top three mistakes that prevent the success of those starting an internet home business. The first pitfall of starting an internet home business is throwing away your money. You can start your internet business on a [...]

Complete 35-Step Guide for Entrepreneurs Starting a Business

by Manuela
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Starting a business entails understanding and dealing with many issues—legal, financing, sales and marketing, intellectual property protection, liability protection, human resources, and more. But interest in entrepreneurship is at an all-time high. And there have been spectacular success stories of early stage startups growing to be multi-billion-dollar companies, such as Uber, Facebook, WhatsApp, Airbnb, and many others. In this article, I give an overview of 35 key steps for entrepreneurs who are starting a business, with links to additional articles addressing some of the topics in more depth. 1. Understand the Commitment and Challenges Involved in Starting a Business Starting a business [...]

Home Business – 3 Simple Tips For Starting a Home Business

by Manuela
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When it comes to starting a home business, there are literally thousands of opportunities to choose from, whether you decide to only do it part-time or turn it into a full-time venture. There are options to suit anyone across the board, with some being fairly easy and don't require any fees to get started while others call for you to fork out some form of investment, whether it be money or skills. Consider these simple tips when you're searching for the perfect opportunity to start your own home business, and you'll be off to a good start. Tip 1: Make [...]

Why Every Student Should Start a Business

by Manuela
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With the economic downturn, students in all the major business schools have been dropping out of their entrepreneurship classes and transferring back to classes where they think they have a secure future. Students and professionals who were once planning to start businesses now have decided to go back to their cushy jobs. Everything is going back to normal. Or at least that is how it looks. Below are nine reasons why any student should start a business: You gain experience. Owning and running your own business is an incredible way to gain experience and credentials regardless of whether you decide [...]

“You Are Your Brand” Teaches Solopreneurs to Develop Their Businesses

by Manuela
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Getting a brand started can sometimes feel like starting an old car. The ignition key does not turn when needed, you hear the engine struggle to get its pistons running, and you are on a prayer hoping the car will run well enough to take you where you need to go. Well, there is no shortage of books to help a brand get started. For first time entrepreneurs and solopreneurs, they may want to consider You Are Your Brand, a personal branding book by Felicia Shakespeare. Shakespeare is the founder of Integrity International Group, a full-service personal business and professional development [...]

How to Avoid the 5 Most Common Small Business Accounting Mistakes

by Manuela
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Managing income and expenses accurately is an important aspect of running a business successfully. Unfortunately, many small businesses make mistakes in their books, without even realizing the impact those mistakes can have on their long-term viability. No system is foolproof, but whether you’re running your books through an accounting system like Quickbooks Online or Xero, or using Excel spreadsheets, human error can be costly.   With this in mind, here are the five most common small business accounting mistakes and some tips to help you avoid them. 1. Common data entry errors When you are manually entering the numbers in [...]

5 Tough Situations You’ll Eventually Face When Managing People

by Manuela
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As a business owner, managing people is by far the toughest responsibility of all. Every person is different, unpredictable, and motivated by a unique set of factors. And while good hiring practices will mean smooth sailing most of the time, every business owner will eventually encounter tough situations. Knowing how to respond will help you avoid making costly mistakes. Be Prepared for These 5 Management Situations Between 2003 and 2013, RainmakerThinking, Inc. interviewed 37,419 managers from 891 different organizations and asked them a simple question: “What is the hardest thing for you about managing people?” Instead of presenting multiple choice [...]

11 Genius Productivity Hacks You Need to Know

by Manuela
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Most of the time, being more productive means striking a better work-life balance and learning to mitigate the little stressors that eat away at efficiency and the psyche. These hacks will help you maximize your time and happiness. Work-Life Productivity Hacks 1. Know Thyself What time are you at peak productivity? Now schedule your most crucialtasks during that time. If you’re a genius between the hours of 10 p.m. and midnight, then by golly, do whatever you have to do to block off that time and get ‘er done. If you need a little help discovering your peak productivity, check out this app that promises to help you find it. [...]

5 Reasons Your Small Business is Struggling and What You Can Do About It

by Manuela
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Whether or not you like it, if you are an entrepreneur you are in sales. You have to sell your product or service somehow or you won’t make money. If you are scratching your head on why things are not working as planned, take a moment to review your marketing strategy and your overall business to find the source of the troubles. This valuable exercise can help turn around a struggling enterprise or help launch a growing business to the next level. Follow along and put on your thinking cap for ideas to turn around your business. How to Turn Around Your [...]

Apply These 5 Tips to Help Your Small Business Thrive in a Saturated Market

by Manuela
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Conventional wisdom tells us that before starting a small business it is important to research the marketplace to identify opportunities. Too many entrepreneurs and small business owners take this advice literally and abandon great ideas because they deem their chosen market to be saturated. Don’t fall into this mindset and miss out on great opportunities. Instead, search for ways to provide value and thrive despite the saturation. How to Thrive in Saturated Markets Do It Better One of the best ways to enter a seemingly saturated market is to provide better products or services. I sat down and spoke with Joe [...]