No one is paying small businesses back. The federal government shutdown may be over—at least temporarily—and some government…
Don’t Be A Small Biz Scrooge
Are you the Scrooge in your small business? Remember “A Christmas Carol”—Charles Dickens’ tale of a miserly business owner…
Honest Advice on Business Planning
Excerpted from Entrepreneurship: A Real-World Approach, 2nd Ed, now available Challenge: Identify the opportunities and challenges when launching a new business Solution: Develop a business plan to help navigate the new company on the sometimes bumpy road to success Two thirsty guys walk into a supermarket. No, that’s not the beginning of a joke. It was the beginning of …
You Built It. Now What?
Few things in life beat the excitement of starting a new business or launching a new product. Creating a startup is thrilling. Sure, there’s risk—but risk can be exciting. There’s also challenge and creativity—figuring out how to build something from nothing, finding money, solving problems. But what happens when the startup is started? You built …
“Be a Tiger” in your Small Business
This past Sunday, the great golfer Tiger Woods gave entrepreneurs and small business owners an important lesson: no matter how hard you fall, how much you fail, you can come back. Woods has had more than his share of problems, humiliation, and, let’s face it, plain bad judgment. But on Sunday at the Tour Championship …
Think Like an Entrepreneur
Can entrepreneurship be taught? Can your students learn to be entrepreneurs, or must they be born with an entrepreneurial spirit? While some people are naturally more oriented toward an entrepreneurial lifestyle, and feel more comfortable with the uncertainty that comes with entrepreneurship, it’s definitely possible to work on developing some of the key attitudes and …
Women Biz Owners: Give Yourself a Raise
Just about everyone knows women employees earn less than men—about 80 cents for every dollar. That’s one reason many women start a small business or become self-employed. When you set your own fees, you’ll make the same as men, right? Not so fast. Self-employed women still make a lot less than self-employed men. Ladies: it’s …
Table: Median Revenue for Men- vs. Women-run Businesses
See below for research on median revenue for men- vs. women-run businesses that serve at least 100 clients: Industry Median Male Revenue Median Female Revenue Percentage Gap Arts and Entertainment $ 96,097 $ 80,165 -17% Construction and Trades $ 196,713 $ 201,247 2% Creative Professionals …
Table: Median Revenue for Men- vs. Women-run BusinessesRead More
Run your Small Business from your Phone
Once upon a time, if you wanted to start a small business, you needed a whole bunch of stuff. You needed an office or store, office equipment, staff, a website. Even when I started my own one-person business from my home, I needed an expensive computer and software, not to mention a printer, copier, and …