Hello Women on Business community!! I am so excited to be a contributing writer to this page. I can’t wait to connect with you all, and I hope to provide value and helpful information over the coming weeks and months! One of the most frequent questions I am asked about starting a business is how to create a business entity, and which business structure to choose from – an … [Read more...]
Is Your LLC Really Protecting You?
You may think that your limited liability company (LLC) will limit your personal liability if someone sues your company, but will it? In reality, this liability protection can be breached purely based on the way you run the company. If there are multiple members in the LLC and one member exposes the company to liability, are all the other members protected in their personal … [Read more...]
4 Questions to Ask Yourself before Turning Your Hobby into a Business
Sponsored by InfoTrack: A lot of people have been starting online businesses recently, and it's a welcomed trend. Customers just have to browse through a seller’s online product inventory, fill out the online order form, submit their payment information, and wait for the product. Other sellers even go as far as to get services like InfoTrack’s Electronic Contract for Sale … [Read more...]
Best Practices to Help Your Startup Business Take Off (Part 1 of 2)
If even established companies encounter occasional catastrophes, startups just getting a handle on their businesses will definitely experience a few bumps along the way. In fact, venture capital database CB Insights found that nine out of 10 startups fail due to practical reasons. These include the lack of a market need, financial instability, and cost issues. These cold … [Read more...]
4 Simple Ways to Turn Your Hobby into a Business
What does it take to turn a hobby into a business? For many, the very idea can be daunting. Yet just as any journey begins with a single step, so too does the union between personal and professional fulfillment. Starting a business will require complete dedication from all business owners regardless of gender, but a number of specific opportunities cater to women in … [Read more...]
How to Run Your Own Business Successfully
Are you thinking about starting your own business? Does something always get in the way? From insufficient funds to lack of experience, spending time with the kids, to the hours you dedicate to draining your brain in the nine-to-five job you already have; there’s always an excuse that prevents us from biting the bullet and taking the risk. More often than not, what really stops … [Read more...]
Starting a Business? Here’s What You Need to Know [Infographic]
Globally, the median amount required to start a business is $15,000, but 29% of businesses fail when the owner runs out of money. That’s because 82% of startup funding comes directly from the owners or their families. Only one out of 100 entrepreneurs will ever get venture capital to help make their businesses successful. [Tweet "Only 1 in 100 entrepreneurs will get venture … [Read more...]
Are You Looking for Cheap Business Ideas?
Are you ready to start your dream business? Many people associate starting a business with huge expenses. The great news is that if you want to start a business, you can do it very inexpensively. There are literally thousands of entrepreneurs making hundreds of thousands of dollars working from home. An equally high number have combined their home and a vehicle to provide … [Read more...]
3 Steps for Starting Your Own Business
Passion. Creativity. Passion. Marketing Plan. Passion. Support Network. The key ingredient to successfully starting your own business is your passion---your conviction of the viability and merits of the goods and/or services you offer; your total, unwavering commitment to seeing it through; your ability to work whatever hours that are needed and your personal mantra - “I … [Read more...]
4 Misconceptions of the Entrepreneur Lifestyle
From the outside looking in, entrepreneurship seems to be a breeze. You are your own boss, you can set your own hours, and can work from anywhere. That sounds so amazing, and it is! However, there are some misconceptions. 1. You’ll Work Less Hours One of the most common phrases I hear from aspiring entrepreneurs that are currently in Corporate America is, “I can’t wait to set … [Read more...]