You’ve heard the horror stories about recent college graduates. There is an unprecedented amount of student loan debt and despite an improving economy, 10.5 percent of recent grads are unemployed (as compared with 8.4 percent in 2007). As the Economic Policy Institute put it in a May 2015 …
Business Plan Articles and Interviews (tag)
5 Steps to Small Business Success
Google the phrase “how to achieve small business success” and get ready to receive over 94 million search results. Although there are a lot of results, this is great news, as it means that there are many ways to reach your small business goals and do wonderful things. However, on the flip side, to …
Why You Should Put Your Small Business Goals in Writing
I am a pretty fly-by-the-seat-of-my-pants kind of business person. While I have some general idea of which way I want to go professionally and I continue to take steps to get there, I largely follow the flow of what feels right at the moment. For instance, when I first went into writing, I …
7 Steps for Creating a Budget for Your Small Business
Just as it is with your personal expenses, it is essential to have a budget in place for your small business. A good budget helps you estimate your income and expenses over a period of time – usually a calendar year with a small business –allowing you to make important decisions for your …
Act II: Tips for the (ahem) Older Entrepreneur
What does the typical entrepreneur look like? If you are like most people, you probably picture someone in his or her 20s. Maybe someone who is fresh out of college or maybe even still in college. Right? Wrong. According to the 2014 Kauffman Index of Entrepreneurial Activity, the largest age …
How to Create an Impactful Mission Statement in 5 Simple Steps
Although most small businesses only have a one to two-line mission statement, it is the words contained within this small declaration that can have a huge impact on its success or failure. After all, the mission of the company not only tells the consumer what your company stands for and strives for, …