When you start a franchise business, you’ll benefit immediately from the people and resources available to you that are designed to make sure you're successful. However, there are some essential steps you need to follow if you want to ensure you start a franchise that has a chance for growth and success. Five of those steps are discussed below so you can launch a successful … [Read more...]
What You Need to Know Before Starting Your Business
Have you ever thought to yourself, how can I start a business? Maybe you've wondered, what do I need to know to start a business? Starting a business isn’t just about creating a website. You have to plan and research what you need to know about your particular business even if it’s an online business. Having a business implies having a location/web presence, business … [Read more...]
Franchising – Is It Right for You?
Franchising is a great way to start a business without having to start from scratch. An established and reputable franchisor will help you with everything from operations, legal, and finance to marketing, sales, and human resources. Since many aspects of running a business might be outside of your expertise, franchising makes it a lot easier to become a business … [Read more...]
Business Planning is a Business
Starting a business seems easy enough. Obtain a business license and do what you like forever all while making money. Sounds like a dream come true. That’s pretty much what I thought when I started my first business 10 years ago. No, I wasn’t quite that naive, but I did think it would be easy. It was far from. There were easy parts of course, building the website, marketing, … [Read more...]
10 Qualities of a Successful Female Entrepreneur
A couple of years ago, I quit my 13 year career with a FTSE30 company to set up my own online business. The driving force behind my decision was the fact that I have two young sons, and I was sick of not being there for them. I felt like I was in a permanent state of compromise. If one of my boys was ill or had a school play or concert, I had to choose; miss the event and … [Read more...]
Setting up Your Business Entity
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...]