As an entrepreneur, you’re probably tired of hearing about the importance of early morning gratitude sessions. It seems like everyone has ‘the one simple trick!’ you need to add to your routine to thrive in your business, but those tricks add up and take up your time. Not only that, but entrepreneurs are also living […] The post Want to Be a Better Entrepreneur and Leader? Build a Better Morning Routine appeared first on SmallBizClub.
Many of us sit in our office cubicles dreaming. Escaping the 9 to 5. Telling the boss you have fired “them.” Packing your bags and not coming back. But most of us never make the step. Daring to dream is where it starts and stops. Doubt creeps in. Fear It is the human condition. Our […] The post The Secret to Escaping Your Day Job appeared first on SmallBizClub.
It is 2018 and shopping has now become synonymous with online retail as much as with physical stores. New businesses are faced with the challenge of deciding which route they should take, and existing ones are trying to weigh up the benefits of shifting into the alternative. The brick-and-mortar store might seem like it is […] The post The Pros and Cons of eCommerce appeared first on SmallBizClub.
A recent survey of 1,794 small business owners revealed expected—and unexpected—results, some of which can help you find ways to better competitively position your business in the coming months and years. The first finding that surprised me is that well over half the respondents were women: 57 percent. Only 39 percent said they were male […] The post Small Business Survey Reveals Areas to Gain a Competitive Advantage appeared first on SmallBizClub.
The first year can be a particularly exciting period for a small business – but it’s also the most tumultuous. To survive the up and down nature of this initial… Read more » The post Investigating 4 Mistakes Businesses Often Make in the First Year appeared first on Noobpreneur.com.
Today, many small business owners are engaged in knowledge commerce, selling their expertise on a topic to students or businesses who want to learn. These “infopreneurs” are a growing class of small business owners and freelancers, that seek to teach students anything from cooking to accounting. Becoming an infopreneur isn’t easy, but here are some […] The post Thriving with Knowledge Commerce appeared first on SmallBizClub.
By Holly Reisem Hanna One of the questions that I frequently get from readers is … “Can you really make money from home by taking surveys?” and the answer is YES! There are many legitimate websites where you can offer your opinion in exchange for money, rewards, and sweepstake entries. While you’re not going to […] The post 18 Ways to Make Money from Home with Paid Surveys appeared first on The Work at Home Woman.
Sponsored Post Though we’re about halfway through it, there’s still a lot of “summer” remaining on the calendar. Which also means that there are still lot of potential “summer slump” distractions that can deter one’s focus on operating a small business. As an on-the-go entrepreneur, I am an extreme believer in the age-old adage that time is very often more valuable than money. And any processes or tools that I can utilize to save time and “automate” certain portions of my business – especially in the summer when pool dips, family gatherings and beach getaways are top of mind – I’m all for them. To keep the summer season from sizzling your productivity, here are three tips you can use as a small business owner to keep work moving forward. Set New Seasonal Goals and Stick To ‘Em Small business owners are accustomed to making fiscal year sales goals. Bur there is nothing written in stone that says they cannot be re-examined or even changed in the summer season, especially if seasonal changes have an impact on your business. For example, a caterer specializing in corporate holiday functions could set a new goal to cater five corporate summer parties. Or perhaps a moving company could explore expanding their service to a seasonal special for college students moving back home for summer break. The idea is that setting a new goal for the summer system not only keeps you productive in coming up with creative solutions to grow your business, you’ll also have an entire new business sub-segment to set goals for and increase revenues. Take It Back to Summer School When did you feel you knew absolutely everything about running, maintaining and revolutionizing your small business? The reality is that operating a small business is a continuous learning experience. And in the spirit of “summer school,” this could be an optimal time for small business owners to immerse themselves in learning new strategies, tips or tools that can elevate their business and improve their personal knowledge expertise. There are a wealth of resources – local continuing education courses, webinars, expert…
Microloans are small loans which are issued to businesses by individuals opposed to credit unions or banks. The concept of microcredit originated in the developing world, as a means of helping people in smaller economics have the ability to launch their own business. Microlending subsequently took off around the world, and today, small business microloans are an effective way to lend entrepreneurs and small businesses in the U.S. with the funds they need to start and develop their business. General Terms of Microloans The maximum amount a microloan will typically lend is up to $35,000. However, in some instances, lenders will lend up to $50,000. The average amount microloans lend is around $10,000. Businesses can use microloans to borrow as little as $500, making these types of loans a good option for small businesses needing to get their hands on smaller funds. One of the key attractions of a microloan is that they are generally easier to qualify for than a traditional small business loan. Specific eligibility criteria vary from lender to lender, and can be influenced by the type of industry the business operates in. Rather than being solely about credit scores, microloans work more closely with the small business owner applying for the loan, to find out about the business and its goals and objectives. The lender uses such information to determine whether they will lend the applicant the funds. The maximum repayment terms for small business microloans is generally six years, giving small businesses sufficient time to pay back the loan whilst they get their business up and running and make it profitable. Why Small Businesses Might Need a Microloan This type of loan is usually borrowed by a startup to help them fund the items required to get the venture up and running, such as equipment, the lease of an office, or employees’ salaries. Microloans are also sometimes used to provide small businesses with working capital to enable them to manage cash flow more proficiently, such as to cover outgoings as they wait for invoices to be paid, to develop a comprehensive marketing program, or to stock up…