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Starting a business can be an exciting venture offering many rewards. However, you must be prepared and you must understand the basics.
- Starting a Consulting Company. Starting a consulting business? If you have expertise and skills that others need, starting a consulting firm may be your ticket to the entrepreneurial ball.
- Starting a NonProfit Organization. Starting a nonprofit organization is easy. We walk you through the the steps to start a nonprofit, including recruiting a board and applying for 501(c)(3) status.
- Starting a Magazine. Starting a magazine? The allure of owning a magazine is irresistible to many would-be entrepreneurs, but it's tough to make it in the competitive world of publishing. We offer some tips for starting a magazine that will put you on the path to publishing success.
- Starting a Restaurant. Starting a restaurant? Are you aware that restaurants have a higher business failure rate than other businesses? The bottomline is that opening a successful restaurant is easier said than done.
- Starting a Moving Business. Starting a moving business? Smart move! Families move once every five years, and there's also good money to be made in moving businesses. But opening a moving business isn't a sure thing, as we explain in this article on how to start a moving business.
- Advice for Female Entrepreneurs. Looking for advice for female entrepreneurs? We've assembled some great tips for women entrepreneurs -- it's time to shut those boys up once and for all!
- When to Quit the Day Job. When starting a business, it's wise to keep your day job. But eventually you get to the point when it's time to cut the cord. We discuss how you can know when it's time to quit the day job and focus on your business full-throttle.
- Lessons from Parking Lot Economics 101. Opening a parking lot is a great business. That's one takeaway from this article. But, more importantly, perhaps you will think differently about starting a business after giving this article a quick read.
- eBay Entrepreneurs. Are internet auctions your ticket to starting a profitable new business or boosting revenues for your existing business? We think the recent eBay entrepreneurs phenomenon holds many lessons for all entrepreneurs.
- Starting an IT Consulting Business. Starting an IT consulting business is an excellent path for those who are interested in becoming an entrepreneur. Here's how to do open an IT consulting firm.
- A Case Study in Industry-Changing Entrepreneurship. Free MLS listings? Are you nuts? Learn how a game-changing entrepreneur is taking on the real estate industry.
- Common Myths About Starting a Business. Entrepreneurs often believe myths that cause them to have doubts while starting a business. We debunk common myths about entrepreneurship so you can successfully start a business without letting anything get in the way.
- Recurring Revenue Business Models. Starting a business? Buying a business? If so, there's one question that you absolutely must ask. Does your new venture have a recurring revenue business model? If not, you might want to go back to the drawing board and look at other options.
- Time Value of Money Businesses. When starting a business, making smart choices on your business model is critical. In considering the best businesses to start, you may want to look for business concepts that profit from the time value of money.
- Do You Really Need A Business Plan?. Investors usually don’t read them, they are based on future assumptions that never materialize, and they take a lot of work to put together, so are business plans required when starting your own business?
- Business Model Fixes. You’ve launched your business, are following your business strategy, but your business model is failing, what should you do?
- Constructing a Business Model. Business models are the foundation and core of what determines your business’ success or failure. Using the 7 questions below will help you articulate and analyze what your business model is, how it is constructed, and methods to improve it.
- Success is Standing Out, Not Fitting In. Fitting in with the crowd is often the norm because it is the easy thing to do, but taking a firm stand, by standing out from the crowd will provide your business with the attention you need to be successful.
- How Not to Charge Your Customers. Firms like Facebook and Twitter are rigorously scrutinized in the media for not charging their users access to these platforms. Many critics argue that since both social platforms have millions of users, they should be able to charge a few dollars for every user and generate hundreds of millions in revenue. We’ll analyze what would happen if they did charge their customers and what you can learn from how to properly charge your customers if you provide free services.
- When to Become an Entrepreneur. Those of us who have the itch to start our own businesses ask themselves, when should I do it? Many feel that working in the workplace for several years to gain experience would benefit them as an entrepreneur later.
- Doing Right While Doing Business. Business used to be seen as the necessary evil to generate a profit, however today’s businesses and entrepreneurs are approaching business as a new means to do social good while generating profits.
- How to Become an Entrepreneur. Almost everyone has thought about becoming an entrepreneur, fulfilling the dream, but for many the reality is they never even take a step towards entrepreneurship, it only stays a thought and a dream.
- Start With The Problem. Too many entrepreneurs get excited about their feature rich products that they lose sight of the critical issue at hand. What is the problem?
- What Type of Business Entity Should You Form?. Business used to be seen as the necessary evil to generate a profit, however today’s businesses and entrepreneurs are approaching business as a new means to do social good while generating profits.
- Do You Need an MBA to Start A Business?. Entrepreneurs come from a vast array of different backgrounds. Many have doctoral degrees, some just high school degrees, and some have MBA’s. Many want to be entrepreneurs see getting an MBA a means to learning how to launch there own business, but there are many gaps between what you’ll learn in business school and what you’ll need to know to be a successful entrepreneur.
- The 2-Minute You. The 2-Minute You is an exercise to help you identify who you are, what you want to do, what you’re good at, and help you find an entrepreneurial path that will help you leverage your skills & knowledge and help you follow your interests & passions.
- Characteristics of a Perfect Business. How do you build the perfect business? What strategies do you need? This article explains the critical factors and strategies you need to have in order to build your successful business.Business used to be seen as the necessary evil to generate a profit, however today’s businesses and entrepreneurs are approaching business as a new means to do social good while generating profits.
- Industries That Porter Would Recommend. Michael Porter has provided a fundamental framework to evaluate and analyze opportunities to generate a profit within a given industry. Using Porters own 5, we evaluate industries that have the highest criteria for each of Porters 5 forces and review how you can use Porters 5 to identify opportunities to start a business.
- Top 10 Reasons Not To Be Your Own Boss. I want to be my own boss. Really? Don't be so sure about that. In honor of Boss's Day, here are the Top 10 Reasons Not to Become an Entrepreneur and Be Your Own Boss.
- When Passion Isn't Enough. There’s no question passion is a requirement for any entrepreneur, but we also know that passion alone is not enough to create a successful business. This article discusses how passion can be both your saving grace and your troubling companion as one entrepreneur shares her story of the challenges.
- Profits vs. Passion. Passion is the primary ingredient for any entrepreneur to succeed, but focusing on passion alone will not guarantee success. Avoiding the blindness that can be associated with a strong passion and identifying profitable opportunities can help align your passions with the right business opportunities that provide you with greater probability for success.
- Before Writing Your Business Plan. Here are four steps to starting your business that get you ready to write your business plan.
- The Success of Unplanned Entrepreneurs. Some entrepreneurs plan, plan, and plan until they have a business plan that can raise venture capital and validate many assumptions about their business. Many other entrepreneurs forego detailed planning and move forward on a hunch and instinct that they can offer something better to the market. Many of these “unplanned” entrepreneurs have created some of the most successful firms within their respective markets.
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