I remember when I got out of law enforcement and started my own freelance writing business. It was a big move, but one that I made because I moved from Michigan to California and wanted a career that I would enjoy that’d also enable me to work from anywhere since my husband was likely going to be …
Strategizing Articles and Interviews (category)
The most successful business owners are always thinking ahead. If you are a new business owner, strategizing about mission statements, corporate culture and business plans are things you would be smart to address early on. More seasoned business owners can benefit from articles on everything from setting client expectations to creating a niche for your small business
Mission Statement Examples: Three Different Approaches
One of the most common pieces of advice I pass on to aspiring business owners is to never get stuck on any one thing. I often sum it up in the phrase, “don’t let ‘perfect’ be the enemy of ‘done’,” or some version thereof. Because almost every business how-to book/website/article stresses the …
Mission Statement Examples for Small Business Owners
Small business owners each take their own path to develop the mission of the company. For some it’s centered around making a positive impact on society, or advancing progress in their industry. For others, the motivation is simpler and closer to home. Whatever your reasons are, there’s value in …
Buying a Business: Forget Trust – Understand Due Diligence
According to the U.S. Bureau of Labor Statistics, over 50% of start-up businesses fail within five years. This is a staggering statistic and one that should bring concern to anyone seeking to start a new business venture. An alternative to starting a new business is to purchase an existing …
4 Professionals Who are Critical to Startup Success
Having a unique product or idea is not the only key to creating a successful startup. It is almost impossible to create a viable business by yourself, so you need to build a team with the right types of professionals. You should find people who will supplement your own skills and knowledge to create …
Understanding ESOPs and How They Can Benefit Small Business Owners
A large, demographic shift is occurring. The baby boomer generation is now experiencing significant wealth accumulation and its inevitable distribution. Many business owners from the "boomer" generation are now in the position to turn over the reins of their businesses to the next generation or to …