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Business Advice

4 Compelling Reasons to Hire a Small Business Coach

Every year, over 600,000 new businesses open up in the United States. Unfortunately, about 50 percent of these businesses will fail within five years. If you own a small business, there’s no doubt the prospect of failure keeps you awake at night. The good news is there are steps you can take to give your enterprise […]

How to Avoid Debt When Running a Small Business

Starting a small business is no easy task. You have to hire all the necessary staff, acquire all the tools you’ll need to produce your products or services, and maybe even set up an office or storefront.  With everything you need to start a business, it can be tempting to get into debt to get […]

Selling a Business: When Is the Right Time?

As half of all businesses fail within the first five years, if you’ve made it past that mark, it means you’ve got a great concept. If you’re hitting it and on the decline, it might be time to make a hard decision. Selling a business is never easy, especially one that you love, but sometimes […]

5 Ways to Beat the Competition Without Even Trying so Hard

About 50 percent of all new businesses fail within five years. There are many reasons behind this alarming failure rate, but one of the biggest is strong market competition. As an entrepreneur, you know only too well that competition is part of the game. Unfortunately, sometimes fierce competition can bring your business to its knees. […]

How to Be Environmentally Friendly: 9 Ways Businesses Are Going Green

If the advanced societies in the world continue down our current path, it won’t be long until we’ve used up all of the planet’s fossil fuels. For example, we could be out of oil in 2051 and gas in 2061. Additionally, because of our mass consumption of these fuels, we’ve also caused a lot of […]

The Different Types of Consulting Services Your Business Needs

The global consulting market currently has a valuation of approximately $262 billion. Clearly, businesses are willing to spend a lot of money to work with consultants who can help them refine their approach, streamline their workflow, and maximize their earnings. There are lots of different types of consulting services that you might want to utilize to […]

7 Cost Reduction Strategies to Maximize Your Profits

22% of businesses make under $10,000. Does this sound like your business? You may receive a decent amount of sales. But when you fill out your profit and loss statements, do you realize your profits are shrinking? If so, you’re probably spending more than what you should. Overhead costs can add up quickly and can […]

Don’t Leave Home Without Them: 10 Business Travel Essentials

In the United States, around 488 million business trips occur every year. As a business person, you might have contributed your fair share to this number. Although you may be well-seasoned in travel, there are probably still a few things you can improve in to make each trip an optimal one. Here are 10 business […]

What to Do When Your Business Debt Spirals out of Control

Have you taken on one too many loans to keep your business running? If so, you may think you don’t have many options to get your debt under control. You aren’t alone if you’re in this situation. 82% of small businesses fail because of cash flow problems. Luckily, there are steps you can take to […]

How to Accept Credit Card Payments as a Small Business

Is your small business meeting your growth expectations? Would you like to start accepting credit cards? If so, this is a redefining move for your company. Small businesses face myriad challenges in the contemporary business environment. To overcome these hurdles, you need to take innovative measures such as diversifying payment options. Most consumers today use […]

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