Stop! Do you really think you are ready to start your new business venture?

Did you know there are a series of steps you must take before even starting your business?

While you don’t want to spend too much time planning and researching for your business, there are certain tasks you must ensure you have checked off before starting up. [click to continue...]

What are you spending most of your time doing?

Pretend you recently started a new business. What do you picture yourself doing?

Are you cleaning up your new office? Sorting your staff into departments? Ensuring all of your equipment and computers are up to date or planning numerous meetings with your accountant and banker to talk about financing? [click to continue...]

So your business has failed, huh? It seems as if all hope has been sucked down the drain.

What do you do? Learn! Learn from your mistakes so you wont make the same missteps in the future and instead become a better leader and entrepreneur.

Here are some very important points you should take note of after a business failure so you can emerge from the rubble as a stronger and more savvy business owner. [click to continue...]

Four out of five new businesses fail. This is a frightening statistic.

However, there are many simple reasons why this can happen and as long as you approach your business with a level head, take calculated risks and know your market and industry, you have significantly less to worry about.

Below are some reasons why your new business wont end up as a statistic.

Everyone else’s capabilities don’t reflect yours [click to continue...]

When starting anything, be it writing, learning or starting a business, we often fail to plan enough, and instead we dive right into whatever project it is we are taking on.

What we don’t realize, however, is that putting together a plan of action will help us stay on task and accomplish what we hope to more effectively and efficiently.

I have noticed that my writing is always better, clearer and more focused when I plan and outline first, and the same is true when starting a new business. If we set steps and milestones for things we need to accomplish in the start-up stage of our businesses, we will find that we will become more equipped to make informed decisions more quickly, and profitability will come sooner than if we hadn’t planned. [click to continue...]