Category: Small Business Tips

Is Being a Franchise Owner Right For You?

Starting a new business is scary. Whether you're entering a competitive market or trying to build a category that doesn't even exist yet it can be extremely difficult to execute your idea and turn it into a successful company. Furthermore there are many Americans who may not have an idea for a new business but still have a desire to be their own boss and run the show. In these cases...

Employee Perks Perfect for Building a Small Business

For small businesses looking to grow a loyal team your first instinct as an entrepreneur might be to offer a strong starting wage and lofty raises. Unfortunately that might not always be an option especially in the early days of any new company. Luckily a survey by Glassdoor shows that there are several other options when it comes to offering perks that employees will love. Jeff Murphy at Business2Community recently...

7 Big Businesses Who are Small Business Allies

When it comes to small business and larger corporations there's often an "us versus them" mentality. For example small shop owners might fear a big box retailer coming in and crushing their business. While that may be a legitimate concern not all big businesses are bad. In fact many giant companies have made helping entrepreneurs a special focus. With that in mind here are seven big businesses (in four different...

SEO Essentials Every Small Business Website Needs to Get Results

No matter what the nature of your small business is it's never enough to just exist — you need to get the word out about your business. One of the most effective ways to do this is by utilizing what's known as search engine optimization (SEO). While SEO helps potential customers find your business easily and organically, Business.com reports that less than half of all small business take advantage of these...

3 Small Business Lessons Learned from "Shark Tank"

Whether you tune into ABC every Friday night or you've come across reruns on CNBC chances are that you've at least seen part of the reality show Shark Tank. On the program small business owners present their companies to the Sharks — a panel that currently includes Robert Herjavec, Lori Greiner, Kevin O' Leary, Daymond John, Barbara Corcoran, and Mark Cuban — in hopes of getting an investment. Like any reality...

Social Media Dos and Don'ts for Small Businesses

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 wrong when it comes to effective social marketing. Here are some simple dos and don'ts when it comes to using...

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

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 in The Huffington Post there are a number of ways that small business owners can sabotage themselves and aid in their own...

Big Things Entrepreneurs Forget About Financing

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 in Entrepreneur many business owners don't realize that being proactive and thinking about financing before they need it could benefit them...