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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. )

Home-Based Business Insurance – What Coverage Do You Need?

by Neal Frankle, CFP ®, The article represents the author's opinion. This post may contain affiliate links. Please read our disclosure for more info.

If you are in business for yourself and don’t have the right home-based business insurance coverage, you could face huge risks. I don’t care if your company is an LLC, Professional LLC, C or S Corp or Sole Proprietor. Home-based business owners owe it to themselves and their families to have the right insurance. And […]

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How to Start a Freelance Business from Scratch

by Neal Frankle, CFP ®, The article represents the author's opinion. This post may contain affiliate links. Please read our disclosure for more info.

The economy is heating up.  Even though it might be easy to find a job right now, it might be a better time to launch your own business.  There is a great deal of  demand for enterprising people presently.The good news is you can easily start a freelance gig from scratch. Of course it’s great […]

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Budgeting for Small Business Success Made Simple

by Neal Frankle, CFP ®, The article represents the author's opinion. This post may contain affiliate links. Please read our disclosure for more info.

No matter now small your business is, you’ll gain a lot by budgeting.  When I started in business 30 years ago I didn’t pay much attention to my budget as long as I had a positive bank balance.  That was a huge error.  As a result of ignoring my budgeting I didn’t really know what […]

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5 Ways To Keep Your Struggling Business Alive

by Neal Frankle, CFP ®, The article represents the author's opinion. This post may contain affiliate links. Please read our disclosure for more info.

Every small business owner sails into rough waters now and then.  Rather than go down with the ship, let’s identify where those problems are and what you can do about them. As I see it, there are 5 big trouble spots most businesses have to learn how to deal with: Cash Flow. Working Capital. Staffing. […]

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7 Business Mistakes that Almost Sank Me

by Neal Frankle, CFP ®, The article represents the author's opinion. This post may contain affiliate links. Please read our disclosure for more info.

You may yearn to get into business for yourself. If so, I’m on your team.  I love running my own shop.  But we both have to curb our enthusiasm a little and go into this with our eyes wide open.  Many small businesses fail – but not as many as people think. According to the […]

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MyCorporation Review – Business Set Up Made EASY

by Neal Frankle, CFP ®, The article represents the author's opinion. This post may contain affiliate links. Please read our disclosure for more info.

Deborah Sweeney and her company “MyCorporation” want to make it easy and inexpensive for small business owners to set up their business entity and maintain their ongoing legal requirements. The concept is for you to use their services to prepare all your documents and file them as required, when required.  It’s true that using MyCorporation […]

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Who is Neal Frankle

Neal Frankle

I'm a CERTIFIED FINANCIAL PLANNER™ Professional with more than 25 years of experience. I feel very blessed and hope to share my personal financial experience and professional wisdom with readers of WealthPilgrim.
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