Why Are Small Businesses Turning to Quick Financing?

The global financial crisis that began in 2007/2008 quickly spiralled out of control and resulted in credit markets tightening up around the world. That crisis may be in the rear-view mirror, but the ramifications of it linger to this day. The failure of Lehman Brothers and the subprime mortgage crisis that precipitated the worst recession since 1929 has left a bad taste in the mouths of banks, non-bank lenders and the financial industry overall. For starters, credits markets have tightened considerably since 2008. Continue reading “Why Are Small Businesses Turning to Quick Financing?”

Is Your Partnership Giving You Grief? 4 Conflict Resolution Strategies from the Pros

Having a business partner can be a huge advantage. It offers you extra funding and expertise to help get your business off the ground. As far as success rates go, studies show that businesses that start with more than one founder have a 30 percent higher chance of success in the long run, and they grow three times as fast. Continue reading “Is Your Partnership Giving You Grief? 4 Conflict Resolution Strategies from the Pros”

3 ways to ensure all aspects of your business are connected

Making sure that all aspects of your business are connected is a fantastic way to save both time and money. The last thing that you want is to find out that two areas of your business are wasting their efforts by carrying out the same duties. It can also be disastrous if different aspects of your business are running without a unified strategy. While one part of your team might be heading in a certain direction, the rest of your team might be moving in another. This level of chaos will make it almost impossible for you to inspire confidence in your potential clients. Continue reading “3 ways to ensure all aspects of your business are connected”

15 Sources of Funding For Small Business – A Detailed Analysis

You’ve a killer business plan, a great vision and supportive family members and friends. The next biggest thing that comes into the picture is financing. Financing is required to start a business, scale it up to profitability and even sail through a rough patch. Financing varies depending upon the size and type of your business. Some businesses like online ventures need a small amount of funding while processing businesses require a substantial amount of capital. Small business funding can be an uphill task to attain and sometimes, many small business owners feel like they’ve run out of options. Continue reading “15 Sources of Funding For Small Business – A Detailed Analysis”

How Australian retail can ward off the Amazon effect

As Australia’s $222 billion retail industry enters the fight of its life against e-commerce giant Amazon, the advice from industry experts is clear: know your enemy, lift your game or risk going out of business. Since April, when Amazon confirmed its plans to open an Australian distribution centre in 2018, the retail industry has been in a state of flux. Expert commentary has wavered between catastrophic predictions and share price downgrades, to reassurance and soothing tones. Continue reading “How Australian retail can ward off the Amazon effect”

Business Funding Routes You Probably Haven’t Considered Yet

Setting up your new business is a rewarding, exciting, if not stressful time of your life. You’re about to launch something that could completely revolutionize your life, and you’re finally able to work for yourself rather than for someone else’s company. Getting started is probably one of the hardest parts of being a business owner. You’ve got to try to work two jobs at once – unless you can take a break from a full-time salary. You’ve got to create a business plan that can withstand intense scrutiny. You’ve got to find ways to attract customers. You need to plug any skill gaps and work out whether you need contractors or in-house employees. Continue reading “Business Funding Routes You Probably Haven’t Considered Yet”

What steps should you be taking to keep your finances in check?

Money talks, and if you’re a business owner, it’s got an especially loud voice. As Forbes notes, eight of ten businesses fail and, for the vast majority of those, the reason is that they simply run out of money.  So, how do you avoid falling down a financial black hole? Here are some steps to take to ensure that you stay on top of your money, rather than letting it get the better of you: Continue reading “What steps should you be taking to keep your finances in check?”

Top 10 Websites Where You Can Earn Money by Blogging

The growth of the Internet has made it possible for a lot of individuals to completely do away with the idea of having to travel several miles and work in a predefined time to earn. Today, it is possible to earn money from the comfort of their home, while also being free from any obligations or contracts over a long-term period. This freedom is provided by the rise of blog writing opportunities. Today, there are several sites that aid a freelance writer to earn money by completing writing jobs or even host their own blog. Here are the top 10. Continue reading “Top 10 Websites Where You Can Earn Money by Blogging”

5 Hacks to Get Money for Your Small Business

The most important role for any small business owner is managing cash flow.  Let’s face it, without bucks there would be no buck rogers, so keeping your eye on the cash coming through your business is a necessary function if you want to survive. However, there are times when you need some extra cash.  Maybe it is because you are growing too fast, or maybe you need to buy new equipment.  Either way, a little extra cash every now and then can come in handy.  Here are five hacks to help get you the money you need for your small business. Continue reading “5 Hacks to Get Money for Your Small Business”

The Financial Industry: 3 Reasons to Explore It

There are not many small businesses and startups that focus on the financial industry, despite the market being very lucrative and competitive at the same time. With the economy growing at its present rate and the financial sector as a whole showing significant signs of progress, setting up a business in this field may lead to the great success you have been chasing. Continue reading “The Financial Industry: 3 Reasons to Explore It”

How to Improve Your Credit Score Before Starting Your Business

Having a poor credit report can affect you in a multitude of different ways. Not only does a poor credit score limit you from borrowing more money in the future, it can also get in the way of finding great jobs, as many employers – especially those working with finances – will run a credit score on job applicants beforehand. Continue reading “How to Improve Your Credit Score Before Starting Your Business”

How to Launch Your First Software

The world of software engineering is definitely a competitive field. With demand for virtually every type of product and service, one might think that there’d be more room for good ideas to dominate in an uncontested atmosphere. This simply isn’t true. However, that doesn’t mean that even the smallest of firms or the most novice of individuals can’t force their way into this industry, develop a great product, and dominate. Continue reading “How to Launch Your First Software”

Tips for Keeping Your Small Business Running for 5+ Years

Have you been dreaming about opening your own business? A lot of small business owners can get wrapped up in the wonderful idea of owning their own business, without properly preparing themselves and their company for the rocky road ahead.  Since many small business owners aren’t taking the proper steps to ensure success, the U.S. Bureau of Labor Statistics recently found that, “about half of all new establishments survive five years or more and about one-third survive 10 years or more. As one would expect, the probability of survival increases with a firm’s age.”  Continue reading “Tips for Keeping Your Small Business Running for 5+ Years”

Top 5 Reasons to Incorporate

It takes time to build a successful business. In the beginning, you may begin as a sole trader, but as the business grows, there will come a point when you think about incorporating or forming an LLC. You don’t have to do this, but there are many good reasons to take this step, and if not now, then at some point in the future. Continue reading “Top 5 Reasons to Incorporate”

Branding Do’s and Don’ts for New Business Owners

Your first year in business will be both one of your most exciting and stressful times of your life. Fortunately, things can go much more smoothly if you know how to brand your company correctly.

Here are some general guidelines to follow (and some common mistakes to avoid). Continue reading “Branding Do’s and Don’ts for New Business Owners”

Should You Consider Starting A Subscription Club

For awhile it seemed like every business and every individual with a passion or a dream was starting a subscription box. There seem to be fewer of them coming out of the woodwork now, and if you check any sites that collect them you’ll find that many are even long gone. However, there are still plenty of them with devoted subscribers. Continue reading “Should You Consider Starting A Subscription Club”

TOP 5 Mistakes Small Businesses Make about Website Design

Having a professional looking website is not an option anymore. The first thing people do when encountering a new business is checking their online presence. If they can’t find information about their products or the business itself, they choose the competition instead. Continue reading “TOP 5 Mistakes Small Businesses Make about Website Design”

7 Ways to Save Money As a Small Business You Probably Didn’t Know

As a small business, reducing your bottom line to let your profits flow is by far the most important thing. You can be making $10,000 in sales every week, but if your business costs $8,000 to maintain, it will be hard to sustain your business for long. Continue reading “7 Ways to Save Money As a Small Business You Probably Didn’t Know”

10 Most Promising Start Ups to Follow in 2017

Many startups are gradually gaining prominence in this digital era, due to the innovative offerings and innovative business plans they are enabling. In this article we highlight some of the most innovative ones we found which started recently. Continue reading “10 Most Promising Start Ups to Follow in 2017”

5 Things To Remember When Starting A Business

Entrepreneurs launching their new business ventures face a challenging road ahead.  There are many different aspects to cover that are essential to the success of the venture.  Though there is much to be said for independent research, face to face communication has its benefits. Continue reading “5 Things To Remember When Starting A Business”

Smart Moves to Grow your Small Business

Entrepreneurs just beginning their journey in the world of small business all face the same conflict sooner or later; what moves should be made to grow the business?  When a company is quickly outgrowing its original intentions, it is important to understand what a growing business can do to continue their hard-fought success. Continue reading “Smart Moves to Grow your Small Business”

How to Avoid Contract Disputes

In the business world, contracts are meant to form a clear breakdown of the agreements between you and your clients. Despite this though, there are instances where these can be disputed, which needless to say, can be quite challenging and difficult to deal with. Continue reading “How to Avoid Contract Disputes”

How Social Media Plays Into The Launching Of Your Business

You’ve come up with an idea for a business you want to launch. It could be something small that you’ll do on your own, out of your living room, or it could be something big that you’ll need employees and a rental space for. No matter the size or the idea, you’re going to want to get it on social media. Continue reading “How Social Media Plays Into The Launching Of Your Business”

Why Green Buildings are Productive Offices

An average employee spends about 40 hours a week in the office. As their job demands increase, they expect more from their employers. This is not about requesting a salary increase or a promotion. Employees demand green and sustainable buildings to their bosses because it makes their day jobs less miserable. Continue reading “Why Green Buildings are Productive Offices”

Tips For Moving Into Business While Still a Student

As a student who plans on eventually starting a business, there are a number of different avenues that you can take. The one thing to be aware of is that you’ll most likely be starting with lots of great ideas, but absolutely no experience. That’s where you’re going to have to make sure that you wedge your potential upward. Continue reading “Tips For Moving Into Business While Still a Student”

How To Make 2017 A Successful Year For Your Small Business

It’s a few months into the new year and your business may still be suffering that holiday and winter lull, but now is the perfect time to start making some changes. You want to boost your business now so that when things pick up they pick up big. Continue reading “How To Make 2017 A Successful Year For Your Small Business”

Enantra – The Entrepreneurship Festival from Anna University

Enantra – the Entrepreneurship Mantra, South India’s Biggest Entrepreneurship festival is an extravagant gala hosted in the breathtakingly beautiful campus of College of Engineering – Guindy, Anna University. It is au courant in every aspect and comprises of 6 ingeniously crafted mega events, 4 opportunistic workshops and over 10 success stories from eminent guest lecturers. Continue reading “Enantra – The Entrepreneurship Festival from Anna University”

Scheduled Updates – An Ergonomic Guide to Rethinking Your Office Space

Innovate or perish. Sounds dramatic, doesn’t it?

However, it may not be such a bold statement after all. Innovation is a driving force in cutting edge tech companies, and there’s no reason why all companies, large or small, shouldn’t adopt an attitude of innovation. A big part of being innovative is updating, as you need to always think about how you can change and reform your business for the better. Continue reading “Scheduled Updates – An Ergonomic Guide to Rethinking Your Office Space”

5 Tips For Managing A Senior Living Facility

Managing a senior living facility is not exactly like managing a business. While there are some similarities, and some things that you can learn from running a business, there are a few things that are entirely unique to senior living centers. If you’re the manager of one of these centers, or you are about to be, then it is important that you know as much as you can in order to give your residents the best experience possible. Below are a few tips to help get  you started, and hopefully make your senior living facility the best it can be. Continue reading “5 Tips For Managing A Senior Living Facility”

How to manage your working capital requirements

Ask any business owner, big or small, what the biggest challenge is when running a company, and they will tell you it is managing finances. What makes it so difficult? Many people feel that a company will only function successfully once it has acquired clients. While this is partly true, what is equally important to a company’s success is how well it can manage, and strike a balance between the funds that come in and go out. Continue reading “How to manage your working capital requirements”