As we’ve all heard before, timing is everything and that is especially true in business. Investors know that being one minute too late can sometimes be a costly mistake so careful analysis and timing is key to making money in business.
So you have the knowledge required to function within a particular industry. And you studied the factors needed to operate a business. But there are some basic non-academic tips that every new entrepreneur must follow.
A weakened economy provides many advantages for the ambitious entrepreneur ready to start a new business. This is mostly a consequence of turmoil among existing businesses when a recession hits. The entrenched competitors are deep in debt and can’t react quickly enough to reduce costs.
If a new business startup is a dream that you plan to make a reality in the near future, be careful to not find yourself in a trap that is common to many who have taken the journey you are embarking upon. It happened to me.
Two San Francisco roommates had a problem. They wanted to start a business but had difficulty paying for their rent. So they offered their apartment to out-of-town attendees at a business conference when the rooms at area hotels were fully booked.
Every great business has a great business name. Think about the brands out there that you instantly identify with a great product or service: Pepsi, Apple, Walmart, and Kraft are just a few. As a new business owner you undoubtedly are eager to craft the next viral business name and use it as a way […]
All corporations doing business in Mississippi are required to file an Annual Report with the Mississippi Secretary of State. Those reports are due by April 15th of this year.
Many people are opposed to the Obama Administration’s healthcare law and the amount of lawsuits challenging the law are mounting in numerous states throughout the United States. What many don’t know is that there was a little talked about provision placed in the bill that barely made a headline amidst the sweeping changes to our […]