Opening a small business is one of the toughest challenges a person can take on. Small business owners are full of passion, motivation, and talent. But on the same token, they also are vulnerable and naive. Many small businesses fail because the new entrepreneurs aren't ready to take on the responsibility and sacrifice that it requires to, not just open a small business, but to run it successfully. Small businesses succeed with a combination of hard work, creativity, talent, and luck...lots of luck.
Work-life balance may indeed be mythical in the sense that sometimes, you'll have no choice but to put your nose to the grindstone for days at a time. You'll get tired, you'll miss your family, and caffeine will be the only thing keeping you on your feet. Even during your busy season, though, there are things you can do to put a little more balance in your work-life equation.
It's a sad and well-known fact that many small businesses are doomed to failure. In fact, according to one estimate, one-third of businesses fail within their first two years. That might be a generous estimate, though. Other statistics have said that up to 80 percent of small businesses fail within the first 18 months. However you look at it, the entrepreneurial lifestyle is not one for folks who are afraid of failure. No one wants to fail, of course, but you have to accept the possibility.
Green business is good business! Not only is it cost effective for your company, it’s great for the environment. By cutting down on little things and promoting the use of other options, you can make a huge difference within your office and ultimately the world!
Every company is held to some type of accountability. There has to be a system in place so you can measure the event's success and continue to grow.
How did a small business retail shop gain 570% more sales? They did it with one partnership.
If you own a business, you likely track your own finances. And if you keep track of your finances you know tax season is just around the corner. Even if you have a service running your numbers every year, compiling your tax reports can be a pain. One way to simplify this process is to start using an automated billing software. Don’t let manual input and data entry slow you down. Relieve the overhead with an online invoicing service that keeps everything right where you need it.