According to the recent post, Have Entrepreneurial Dreams? Watch These 11 Industries in 2019, health and wellness services, products, and experiences are among the most compelling options for potential business owners.
According to May 2019 figures from the US Bureau of Labor Statistics (BLS), approximately 3.4 million people voluntarily left their jobs in March of 2019. Many of these former employees made the choice to leave corporate America to pursue their own entrepreneurial ambitions.
Once your business has opened its doors, the pace and demands as the owner increase rapidly. When your company opens, you need partners who will help with key business functions that, while necessary, may be time-consuming and unfamiliar.
Tax reform legislation passed in late 2017 is having an impact on small businesses beginning with the 2018 tax cycle. How can small-business owners make the most out of the new tax laws and what impact will it have on their business finances?
For many small businesses, especially those just starting out, cash flow is a classic challenge.
Businesses starting out do not yet have the customer base and revenue flows established that allow for steady, reliable cash flow. Yet, as noted in the recent post, Entrepreneurial Dilemma: Do I Have Enough Money to Start My Own Business?, businesses still have many financial obligations that need to be met, no matter how much cash is in the coffers.
No business owner likes surprises, especially those that cost money. Regardless, new small-business owners often find that their first year of operation will be filled with unexpected challenges and opportunities.
You have come up with a great idea for your own business, one that you are confident will be financially, personally, and professionally fulfilling. You are ready to start developing your business plan, doing market research, and testing marketing ideas.
As a female franchise owner, is work/life balance possible? Are the competing demands of business and family too vast to realistically expect there to be a way to maintain control of both?
Surprisingly, many women franchisees say it is the move into franchising that has allowed them to find and maintain the sought-after work/life balance most of us aspire to.
Franchise ownership is a powerful way to become a business owner. Franchises come with established brand recognition, best practices, support and processes that can accelerate profitability and growth.
Are you thinking about buying a franchise? For female entrepreneurs, buying a franchise is a great way to become a business owner, but knowing how to research the many available options can be daunting.
Below are some steps to take on how to research a franchise opportunity and questions to ask before investing. As seen in the recent post, Women in Business: Is Franchising in Your Future?, franchising has many advantages. Making an informed choice helps entrepreneurs to choose the right opportunity.