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When I was in high school, I started my first, real, business. Looking back, I can clearly see why it failed and what I did wrong. But just because it failed, didn’t mean I stopped trying out different things. I ran an online t-shirt company. It was called Shirts-N-Giggles. I designed my own humorous t-shirts and [...] Here’s an interesting video regarding motivation and incentives. If you run a small business, this may give you new ideas on how to motivate yourself and your employees. The speaker’s name is Dan Pink. Whether you’re just starting out or trying to expand, having a business plan is essential. There are many resources online on how to write one, but I’m just going to cover the most important parts of a business plan. Executive Summary Unless you’ve been living under a rock for the past few months, you’ve heard about the new health care plan proposed by President Obama. While this post may seem more fitting for a political blog, I thought I should bring up some points that relate to small business. Here’s an excerpt from the White House’s website [...] Freelancing can be a great way to start earning extra money while keeping your salaried job. It can help you find a great niche before you venture on to your own business. You can pick all sorts of different jobs and dabble in many areas to find what you like doing the best. Plus, it [...] It is very important for you to have repeat business from your customers. Having your existing customers come back means more money in your pocket. Send out thank you letters/e-mails If you’re thinking about setting up an online business where you sell your products, there are a few ways of doing so. You could either set up your own website and sell from there or you can set up an Ebay store. I’ll go over some pros and cons of running an Ebay store to [...] The best way for your small business to succeed is to focus on a niche in your market. You will be focusing in one small area, but you’ll be a specialist in that field. Most of us want to get as many customers as possible, but when you’re a small operation, it’s a bit hard [...] If you plan on starting a business or already have one, you need a website. Even, if you’re a brick and mortar only company, having a website is crucial. A website is a great way to showcase your products and service, serve as an advertising medium, and be a hub of information for your existing and [...] If you have a great idea for a business, but you aren’t sure if it’s viable or how you would go around forming it, some of these steps may help you. 1. Brainstorm |
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