Image source Studies show that at least 50% of all businesses go “belly up” within five years of their start-ups. Small retailers in strip malls open and close on a regular and consistent basis; that specialty burger joint lasted only a little more than a year; e-commerce websites come and go on a regular basis. […]
Continue readingMany entrepreneurs call their startup business their “baby.” When you take a look at the time people put into their businesses, it’s no wonder. Your startup is a reflection of your biggest aspirations. And nothing is better than watching those aspirations bloom into a tangible, booming enterprise. With that being said, nothing is worse […]
Continue readingThe common misconception is that a blog is based on a multiple of monthly earnings. Technically this is correct. However, a blog is a business that generates revenue and the traditional valuation method of a multiple of yearly earnings is the accepted valuation methodology from buyers when buying a blog. In this article we will […]
Continue readingPersonal Finance vs Business Finance One of the things about entrepreneurship, particularly in the early stages of any venture, is that the personal world is often still much entangled with the business world. Our time, our money, our risk, our stress, our hopes, our ambitions – there is no such thing as leaving it at […]
Continue readingOne of the most difficult things about starting a business is creating a reliable employee base while still having enough money to put into business operations. Instead of spending too much overhead money in your new company by trying to establish a workforce of full-time employees, consider using freelance workers, a practice which is becoming […]
Continue readingAdmit it. You do envy people who are rich, if only just a little. Life just seems to be easier for them; they don’t worry about the bills; they take nice vacations; they can pursue lots of interests and hobbies; they don’t worry about retirement. We also wonder how they became rich, if they did […]
Continue reading© tashatuvango / Dollar Photo Club The Balance Sheet is a snapshot of your company’s finances. The basic parts of it are Assets, Liabilities, and Equity. Knowing the numbers for just these three categories can show you how much debt you have and how much profit you have accumulated. If you want to build a […]
Continue readingBased on Small Business Association reports, businesses owned by women are enjoying a rapid growth. In fact, this segment of new businesses is currently among the fastest-growing segments in the US economy. So, whether you are a career woman who wants to shift to entrepreneurship, a stay-at-home parent who wishes to augment the family income, […]
Continue readingSo you’ve aced the interview for the internship or transfer to the Japan branch office. Or you have an upcoming business meeting with your Japanese work associates. Japan has precise and sophisticated hierarchical systems, complete with a special language of politeness called honorific language, keigo in Japanese. Keigo speech patterns are determined by the relative […]
Continue readingStarting and running a small business day to day can be a lot like juggling…while on a tightrope, in the air. It takes a lot to start a business and keep it successfully running, so anything or anyone that can help along the way makes a huge difference. Don’t be afraid to look for help […]
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