Getting the urge to strike out on your own to satisfy your entrepreneurial itch? Before you begin, be sure to obtain the necessary permits and licenses you’ll need to operate your small business legally. Whether you’re ready to launch your new start-up, or you’re growing an existing enterprise into a thriving business, your business must be run …
If you’re a small business owner, chances are you spend a good amount of time thinking about your inventory. If you’re not, you should be! Effective inventory management can save your business lots of money, probably in ways you don’t yet realize. This article describes 5 ways to save money with inventory management than you …
The two most important jobs you have as a business owner is getting business and getting paid. Being a bill collector is one the toughest jobs you’ll have as an entrepreneur. But if you take control of the situation up front, you can minimize any delays with payments. The key thing to do is make …
Managing Positive Cash Flow in Your Small Business Read More »
If you are ready to take the leap into entrepreneurship, you must get really focused on your finances, like to bring your invoice template online. It will be a real test to get back to only the bare necessities. Check out billig wordpress hjemmeside design from YGO.dk for your new website. Are you willing to reduce …
Everyone has good ideas. Some of them may even be million dollar ideas, but if you live from paycheck to paycheck or way beyond your means, you may never be able to quit your job and start a business. As the Smallbizlady, often I get emails, facebook messages and DM’s on Twitter from people asking …
Here are 8 tips from Melinda F. Emerson, SmallBizLady, that small business owners can implement now to save money. 1. Track Expenses Using a Budget. Budgets are about planning and tracking spending – you need financial information to make business decisions. Track business expenses by month or by quarter. Ideally, you should have a twelve month budget, …
8 Things Small Business Owners Can Do Now to Save Money! Read More »
African-Americans are starting new businesses in record numbers. If you’re planning to launch a new business, here are seven do’s and don’ts to help ensure your entrepreneurial success. 1. Do plan to start with your own money, not someone else’s “Unless you win a business plan contest or inventors’ competition, for the most part there’s …
The best resource to find grants, loans and financing for entrepreneurs is the federal government’s website https://www.sba.gov/. There, you will discover a wealth of resources for all kinds of small business owners, including: those just starting a business current entrepreneurs trying to grow their operations women minorities people with disabilities those in rural communities home-based …
Best Place to Find Grants, Loans and Financing for Entrepreneurs Read More »
Q: I am interested in trying to own my own business but don’t want to use loans. What types of grants are out there and how do I get my hands on them? A: We asked small business expert Melinda Emerson, author of Become Your Own Boss in 12 Months to answer this question: “It’s …
Melinda Emerson on Starting Your Own Business Without Using Loans Read More »
If you’re a woman or an ethnic minority looking for more resources for your small business, additional help is available for minority-owned or women-owned businesses from any of the SBA’s small business counseling and training partners, including: SCORE SCORE stands for the Service Corps of Retired Executives. There are more than 10,500 SCORE volunteers in …
Additional Help for Minority and Women-Owned Businesses Read More »
A Woman-owned Business Enterprise (WBE) is a business that is at least 51% owned, operated and controlled by a woman or women who are U.S. citizens or legal Resident Aliens. The primary place to get certified as a woman-owned business is the Women’s Business Enterprise National Council. The WBENC is the country’s leading third-party certifier …
Tips for Getting Certified as a Woman-Owned Business Read More »
A Minority Business Enterprise (MBE) is any business that is at least 51% owned, operated and controlled by an American citizen or citizens of the following ethnic groups: African American Asian American Latino/Hispanic American Native American The primary place to get certified as a minority-owned business is the National Minority Supplier Development Council. About the …
How to Qualify for Certification as a Minority-Owned Business Read More »
Many laid off workers are contemplating a life of entrepreneurship. If you’re thinking of starting a business, there’s much to heed before you start dipping into your retirement savings or severance pay to launch your own business. Here are six quick tips if you plan on financing your business or expanding existing operations: Do seek …
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