Whether you have a tiny business or a full-blown factory, product liability insurance is important. Roger commented on my post on how to get cheap business insurance. It seems like the cost of insurance was going to stand in the way of him launching his business: “‘It looks like the cost of product liability insurance […]
Small Business Strategies
Owning your own business might be the key to your personal and financial freedom. But if you are already in business, are you running your shop to its full potential? If you are trying to become self-employed, where do you start? Which pitfalls must you avoid? You find all the information you need to find a business idea and launch your business - and keep it running smoothly once you open your doors.
(This category contains some of the most powerful tips on the entire blog. That’s because I love being an entrepreneur and love helping others who want to do the same. )
Can You Get Rich Working for Someone Else?
Very few people get rich working for someone else. Those who do are: The tiny fraction of actors who star in movies; Pro athletes in their twenties and thirties; and Partners in law firms, assuming you don’t count their divorces and cocaine habits. Even United States senators don’t get rich off their $174,000 annual salaries. […]
“Save My Business” – 5 DIY Business Saving Steps
“Is it possible to save my business?” That was the question Jane sent me a few weeks back. She’s the proud owner of a small catering business. The business had done well for more than 10 years, but now it’s in real trouble. She didn’t want to know how to make a business successful. She […]
What Is My Business Worth? 3 Easy Steps to Find Out
What is my business worth? I’ve asked this question many times before. Not because I want to sell it. I have worked really hard to build this business, and it’s just nice to know how much it’s worth. If you work as hard as you do, you also deserve to know the value of your […]
Buying an Existing Business – 7 Steps to Success
If you’re thinking about buying an existing small business, it could be a fantastic decision – if you do it right. It’s still a tough economy out there. As a result, you may be able to buy an existing business much cheaper – and with much less risk – than setting up a small business […]
Setting Up a Small Business Made Simple
There are three critical steps for setting up a small business for success. Keep in mind that your success is not a matter of luck. It’s a question of design. When I opened my business 27 years ago, I had no idea of what to do. I didn’t know how to set up my business […]