Small Business Tips

Social Media Dos and Don'ts for Small Businesses 33

In today's world maintaining a presence on social media is an absolute must for any small business. After all these networks and apps offer entrepreneurs a large (and free) platform on which to engage with and acquire new loyal customers. However there are a number of ways that businesses go...

3 Actions (or Inactions) That Are Hurting Your Small Business 4

The majority of small businesses will fail within their first five years. That's a frightening fact not only for entrepreneurs but also for the economy as an approximate 60% of employment in the U.S. comes from small businesses. So where do owners go wrong? As Toby Nwazor recently wrote about...

Big Things Entrepreneurs Forget About Financing 4

You've started a business, you're making money, and all is well. So why would you need to think about financing, right? This is a common mistake that first-time businesses owners make — only thinking about extra cash when they're running low. As Eyal Lifshitz points out in his recent article...

Tips for Cutting Costs but Not Jobs 7

There are many great aspects of being an entrepreneur and owning your own small business. Unfortunately the occasional need to layoff staff isn't one of them. With a reported 70% of business costs being staffing related, many businesses first look to their employees when money gets tight. However, as a...

Why 2016 Will Be a Great Year to Start a Business

Note: I originally wrote this post for Medium and am re-publishing it here for my regular readers. Jon Dyer Has starting a small business and becoming an entrepreneur long been on your bucket list? It may be time to upgrade that goal to "New Year's resolution." 2016 is shaping up...

What Entrepreneurs Need to Know About Taxes 4

Even though April seems pretty far off  from now there are already important tax-related deadlines for small business owners quickly approaching. For example W-2s for all of your employees must be sent out no later than January 31st. Even if you normally have an accountant or other tax professional prepare...

One Big Factor in Your Small Business Loan's APR

If you're looking to grow and expand your business, a small business loan is a great way to do so. Of course these loans aren't free and so you'll have to pay a fair amount of interest on the money you borrow. The interest rate and APR (annual percentage rate)...

Who's the Boss? Your Business Is 4

Ask any entrepreneur what they like best about having a business and they'll likely give some variation on the answer "being my own boss." However, the most successful small business owners realize that they are actually not the boss — the business is. So are you an employee worth keeping...