Working at a startup is a full-time commitment, often involving overtime. Several shops in the Bay Area have even moved to mandatory 10-hour days for their employees in order to meet their goals. But it doesn't need to be impossible to have a life outside the office as well. What are some ways you can switch from work mode to your everyday life?Read More >
Some of the Best Business Strategy Books for Entrepreneurs
You may think you’re stressed. We’re all subject to the pressures of the bland tragedy of life. But it’s even worse for time-strapped, overly ambitious, overworked entrepreneurs. Whether it’s creating a slide deck for that big presentation to the venture capitalists, making changes to an already popular product, finding new customers or managing the day-to-day mechanics of running a business, the experience of living the life of an entrepreneur can be maddening.
Every organization spends lots of time trying to work on its internal culture in order to get the results desired by management, shareholders, consumers or other constituents. Superior results don’t come from a single enterprise; rather, the best results emerge when business strategy, operational models, technologies and tools are firing on all cylinders in unity with one another.
Small business owners need all the help they can get, and accounting solutions can be one of the more complex issues for a small business owner to research and acquire. And let’s face it, running a small business is hard work. Adding onto all your other responsibilities the need to crunch numbers, balance income with expenses, and figuring out how much to pay your employees and how much to pay the U.S. government in taxes can be mind boggling. Fortunately, the right accounting solution can help you as a small business owner get away from all that number crunching and grunt work.Read More >
Every business will involve some level of customer service. How do you avoid nightmare experiences and keep your business in good standing with your customers? Here are 15 customer service tips to help you get ahead and maintain great relationships with your customers, clients and colleagues.Read More >
So you’ve successfully launched your small business—congratulations! It’s been a long, hard road but you have written your business plan, worked out your financial statements and generally have all your ducks in a row. But once you find a little bit of success, you are very likely to find that you need more money to grow the success of your small business. That means that when you are seeking more money for your startup, you will need to pitch your ideas and execution to new investors. Here are some tips for nailing your pitch presentation to venture capitalists (VCs) or other investors.Read More >
People often think that the most successful entrepreneurs were born that way, imagining that they emerged fully-formed as the men and women who lead industry behemoths to greatness or change the world through their creativity and innovation. But the truth is that people like Steve Jobs, Bill Gates or Richard Branson are mere mortals like the rest of us. The other factor that many potential entrepreneurs forget is that entrepreneurship, just like any other business-related skill, can be taught, learned and nurtured. It’s not always the most ambitious or aggressive individuals that emerge as entrepreneurs, who are indeed a rare breed. It may be the C-student who ends up being a multi-millionaire, and not the captain of the football team.Read More >
Struggling to figure out how to finance your small business? Consider trying asset-based lending to get the job done. In simplest terms, asset-based loans are just what they sound like—business loans that are based on the tangible physical assets of your small business. This usually means accounts receivable and inventory but can sometimes include less obvious items, such as company vehicles. It’s a pretty simple proposition, but it is important to understand the advantages, challenges and risks of asset-based loans. You are risking your future revenue in order to gain access to more funds today.Read More >
For small business, setting yourself apart from the competition is the key to success. So how do you identify your competitive advantage over other brands in your industry? Here are some concepts and ideas that will help you to define your small business in your market or community.
Wrangle Your Data With These BI Solutions for Small Businesses
You’ve taken the great leap forward and opened your own small business. After working with the Small Business Administration, your lending institution, your partners, and suppliers, you must feel exhausted but also invigorated by the idea of launching your own small business. But now it’s time for the real test of your small business: actually selling your product or service to real people. One of the most critical elements of opening a small business is finding, reaching and communicating with your customers. That means getting the word out. But we’re a long way from just running an advertisement in the newspaper or buying an advertisement in the Yellow Pages. There are now literally hundreds of different ways to advertise locally, so let’s look at the most common methods to help you decide which approach is right for you.Read More >