For the love of your business
For the love of your business
Last week, we shared the first part of our series on cryptocurrency risks and scams, and if you haven’t read it yet, you can do so here. In part two, we discuss two more common traps for business owners to be wary of in their digital currency dealings. If you are considering using cryptocurrency as […]
Read MoreCryptocurrency is one of the hottest topics in today’s business sector. The first and most well-known cryptocurrency was Bitcoin. Launched in 2009, Bitcoin went from something only computer geeks and hackers talked about to a global phenomenon that’s transformed how the entire world views money. As of November 2017, a single Bitcoin was worth more […]
Read MoreWorking for yourself comes with many benefits. But it can also throw you into unfamiliar territory, financially and emotionally. Taking that leap into entrepreneurship doesn’t just require a business plan and funding, it takes emotional intelligence – the capability to recognize and work productively with your own emotions and those of others. In fact, this […]
Read MoreFamily businesses tend to bring to mind small mom and pop enterprises that make a profit but aren’t necessarily industry leaders. True, you can find mom and pop at the helm in many family owned and operated businesses. But an analysis done by Boston Consulting Group found family controlled businesses account for more than 30% […]
Read MoreBusiness growth is a dream that sparkles in the eyes of many small business owners. But bigger is only better when your business operations are scalable. Significant growth without proper planning usually comes with extra costs and more work that could leave you and your business vulnerable and unprepared for the challenges of success. If […]
Read MoreAs more banks close local branches and eschew brick and mortar growth, small businesses face uncertain times. With fewer branches in which to form trusted financial relationships, business owners often must rely on online banking for everyday needs. This poses a problem for small business owners who previously benefited from personal relationships with bankers when […]
Read MoreGood business practices like transparency and corporate responsibility can be leveraged to build valuable relationships. But throwing around these buzzwords will only get you so far. If you really want to see results, what you may want to consider is a practice of karma: the idea that helping others become successful—suppliers, customers, even competitors—is the […]
Read MoreMentoring can play a significant role in the success of any entrepreneur. Mentoring takes vision, dedication, and respect, all vital attributes for a mentor to attain in order to contribute positively to the growth of a mentee. Let’s look at a few things you can do to mentor up and coming entrepreneurs and how these […]
Read MoreOne of the most critical components to building a company, as opposed to a solo practice, or even a business where you are managing everyone and everything, is to learn to step into your full leadership. A primary key to that leadership is your ability to train your team so that you can confidently delegate […]
Read MoreYou’ve put in the time to get your business off the ground and now you’re up and running. You have a product or service that’s selling well, team support to keep everyone happy and a proven income model. Congratulations! You’ve overcome the biggest obstacle to business sustainability. Surviving the startup phase is often the toughest […]
Read MoreOpening a new business location is an exciting venture. It also comes with inherent risks. A new site can increase profits and brand exposure, but it also opens up possibilities for failure. Rushing into expansion and opening a new location can do more harm than good if proper preparations are not made. Increase your chances […]
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