POST CATEGORY : Entrepreneurs

4 Areas to Focus on to Make Your SMB More Profitable

Profits are the thing that keeps small business owners up at night. Sales might be increasing, positive reviews may be landing online, but if your business isn’t profitable then it could be game-over. No two businesses are the same, but whatever type of company you run, there are some key areas of focus for making your small business more profitable.

SMB Profits

Read on for 4 essential tips from insolvency experts on increasing a small business’ profitability.

1. The customer must come first

Customers are the lifeblood of any business. Without an engaged and loyal customer base, making your small business more profitable is going to be an uphill battle.…

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3 Ways to Confront Your Business Fears

As an entrepreneur, your work probably inspires a variety of feelings throughout the day, including excitement, pride, happiness, and … anxiety, stress and fear. Thoughts like “Will I be successful?” “How will I get funding for this idea?” and “I’m not sure I really have what it takes” are not only signs of business fears, they are also defeating statements that can derail your success.

Confronting Fears

Fortunately, you do not have to live a business life ruled by fear. You can overcome them by learning a number of tips and techniques, including the following:

Recognize that Everyone Has Fears—You Are Not Alone!

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Why Events are Necessary for Start-ups

If you’re an owner of a start-up business, you already know how difficult it is to breakthrough and get your product or service out there in the midst of all the competition surrounding you. That’s why one of the major strategies used in start-ups of all types of industries is attending events.

Startup event participants

Attending events and networking isn’t an option for a start-up, but rather a must if they want to build up their brand and its name. The very least you will gain from attendance is learning something new, which in itself is a great gain.

Here, we’ll cover with you some other benefits you and your business will gain from attending events.…

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Tried and Tested Tips to Keep Your Business Growing Fast

You often hear people emphasize that going into business guarantees financial freedom and how the richest people in the world are all businessmen and women but those same people fail to tell you how difficult it could be to make something out of business. Statistics have shown that most businesses fail within 5-10 years of incorporation, so starting, let alone, growing a business is not as simple as they make it seem.

Female entrepreneur

This is not to discourage you, however, there are indeed businesses that actually thrive. That idea you have in the cradle of your mind or what you’ve already started could be one of them.…

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4 Tips for Successfully Running Your Business From Home

Working from home has become pretty common over the last decade. The growth of the internet, cloud technology, and mobile devices has made it practical and cost-effective.

Home based entrepreneur

But what about running a business from home? Is it a good idea?

The Challenges of Running Your Business From Home

There’s no sense in sugarcoating the topic. Running a business out of your house presents numerous challenges. Issues that are commonly encountered include:

  • Restrictions. It’s not always legal to run certain businesses out of your home. This is especially true in residential neighborhoods with HOAs that have documented guidelines, restrictions, and covenants.
  • Distractions.
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Young Pros – What to Do to Get the Best Out of an Online Course

With almost everything porting to the online space today, one will be left wondering what is not accessible online. At the current pace of technology, you can even take online courses today. This is especially beneficial for those that don’t have the time to travel to and from office.

You can take online courses in places like e-Careers, where numerous courses are offered such as an online bookkeeping course. Such courses are as good as those held offline. Some people who have taken online courses have been proven to display more competence than those who haven’t.

taking online course

Here are a few pointers to make the most out of online courses:

Self-discipline required

You should be disciplined enough to stick to your study hours and the course you’re taking.…

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7 Tips for Succeeding in the Landlord Business

Like any profession, success as a landlord depends on hard work, determination, sharp business acumen and a touch of good luck. Many people find investing in real estate a stable way to boost their income. However, those who rush in with little advanced preparation may find their landlord journey filled with more money pits than income-producing properties.

Landlord business tips

Attaining success as a landlord starts before even selecting an investment property. Those who first take time in educating themselves often report greater satisfaction with their side hustle in property management. Some even go on to make their landlord duties a full-time endeavor and reap high rewards in passive income.…

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5 Courses That Will Make You a Better Entrepreneur in 2019

Being a successful entrepreneur in today’s competitive and volatile business environment takes more than being innovative.

Entrepreneurs of today need to possess various business-related skill sets to stay competitive.

Businessman taking courses online

This article is meant to give the reader an idea of a few courses they should take to boost their success at business.

1. Marketing

Entrepreneurs are inherently deeply involved in marketing activities.

From trying to sell their ideas to investors to selling their products or services to consumers, an entrepreneur is always in sales mode.

Having a background in marketing is hugely beneficial for this reason.

A marketing course will help one gain valuable insights as they research how to develop products and services that people want or need.…

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7 Things Founders Forget to Consider

Starting your own business, being your own boss, building a cool startup company, choosing your own team, etc. All of this is very exciting and for many, a dream come true scenario. What stops you really? If you have a brilliant idea, motivation, and some money aside for investment, the risk of failure should be pretty small. After all, what drives you to success is your passion.

Busy startup founder

However, in all this excitement, new founders might experience difficulties with managing expectations and seeing things in other colors than pink.

The work-life balance

At first, the idea of being your own boss is lovely because, in principle, you can choose your own work hours.…

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Building Credibility When You’re Small – 4 Tips

It’s never easy building a strong reputation for your small business, but the Digital Age has certainly made things easier than they used to be.

Building business credibility

In fact, if you know how to leverage the right methods, there’s absolutely no reason your small business can’t enjoy just as much credibility as your much bigger competitors do.

4 Ways to Become More Credible Than Your Larger Competitors

The online age has made it easier than ever to build a presence and market your services and products to customers. That being said, building a strong, credible reputation is more important than ever. Prospects that find you credible will find it easier to become your customers.…

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