Business Plan

What Are the First Steps when Starting Your Own Business?

The Coronavirus pandemic has been tough on us all, causing thousands of us to be rendered redundant by the economic ramifications that followed in its wake. If you’ve been deemed non-essential recently, or have just spent the time over lockdown reexamining your life and what matters to you, it might be time to start your own business. Hundreds of people are starting up new … [Read more...]

6 Tips for Creating Your First Business

Any entrepreneur knows that starting a business is no walk in the park as nurturing it till it is on its feet takes dogged dedication and hard work. A good businessperson will always employ strategy and business acumen to turn a profit. Transforming that business idea into a workable and profit-making venture is, however, not a complicated process. One merely needs to be on the … [Read more...]

Common Real Estate Investment Challenges and Their Effective Solutions

From the outside looking in, investing in real estate seems pretty cut and dry. You find a property to purchase, complete necessary renovations, and put it back on the market for sale or rent to earn a nice payday. While real estate investing can be profitable, generating a decent return on your investment doesn’t come easy. As with any business venture, there are challenges … [Read more...]

5 Tips to Keep Your Company’s Data Safe in the Cloud

Thanks to advances in cloud technology, small businesses can now get data storage and software solutions that are cheaper than ever before. In hopes of saving their business money, business owners are increasingly turning to the cloud for data storage solutions because it doesn’t require the staffing and upkeep of onsite servers. But is cloud storage safe? Threats to your … [Read more...]

The Importance of Cutting Costs during the Coronavirus Pandemic

The Coronavirus has already altered the way millions of individuals live, the economies in which people work, and how businesses operate. In a bid to stop its spread, many small and large companies have closed down—action that has taken a toll on every sector of the economy, globally. Businesses are now scrambling for ways to cut down on costs to preserve profitability and … [Read more...]

Tips for Restaurant Owners with Businesses Impacted by COVID-19

The recent outbreak of COVID-19 has had a major impact on the country’s economy, and while it seems that all businesses have been affected in some capacity, certain industries have felt the pain more than others. One industry that has continued to struggle mightily during this time is the restaurant industry as most locations are no longer able to carry out their primary … [Read more...]

Working from Home in a Post Pandemic World

According to the American Community Service (ACS), only 3.5% of the American workforce worked from home prior to the COVID-19 outbreak, and as many as 62% of Americans say they could work from home, in another poll conducted by Citrix in early 2019. When the outbreak hit, small, mid-sized, and large firms all over the world scrambled to set up work-from-home networks to keep … [Read more...]

5 Tips for Pulling Your Business Through a Rough Patch

No matter what kind of business you run or how much hard work you put into your operation, every small business hits a rough patch at some point. When this happens, it can be easy to get discouraged; however, seeing the positive side of things and being optimistic can help you function through the difficulties. If things are starting to get rocky, here are some tips on how to … [Read more...]

What Are the Best Ways to Grow and Improve Your Home Care Business?

Home care is noble and rewarding work, as it provides services to society’s most vulnerable people, but it can also be challenging. In this industry, you will want to do all that you can to both succeed and provide the best level of care possible for those that you look after. Read on to discover how you can improve and grow a home care business. Integrate with the … [Read more...]

Are Sporting Goods Stores Profitable?

Part of the profitability of certain industries is dictated by the state of the economy most of the time, which means that economic recession and crisis can impact all industries. Aside from that, the profit produced from a retail store or chain is dependent on its competitors and business plan. The sportswear industry alone is currently worth around $62 billion, and it has … [Read more...]