A great way to make a small business more successful is to harness the power of word of mouth advertising. I’ve been in business for myself for over 20 years. I am convinced that word of mouth marketing is the pillar. There is simply no better way to grow your business. The price is right […]
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. )
LLC vs LLP – Which is Right for You?
You are smart if you are starting your own business (or are already in business) and are considering an LLC vs LLP structure. Both are easy to create, protect the owner from liability and save on taxes. The question is which formation is best suited for you? Here’s a primer in easy-to-understand English that will […]
5 Questions to Ask Before You Invest In Your Business
If you own your own shop, you need to know when to invest in your business and when to keep your powder dry. I’ll show you how to answer this question. But first lets’ understand why even successful business owners find this a difficult question to answer. First, remember that we are dealing with a […]
How to Write a Business Letter that Gets Results
When you (either as an individual or a business owner) enter into a transaction with another party, sometimes you have to roll up your sleeves and use leverage to get the other party to live up to their promises. If you want to get results from someone you are doing business with, learn how to […]
Does an LLC Really Have Limited Liability of Members?
There are many advantages of a small business LLC. One is limited liability of members. Who wants to be personally liable for the debts of a sole proprietorship or partnership? LLC members and partners aren’t personally liable for the debts of the business, and that’s why many join in the first place. That means if […]
Do I Need a DBA to Open My Small Business?
If you want to run a successful business, you have to come up with a strong business name. And if you run your business under a name that’s not your own, you need a “DBA” (“Doing Business As”). The good news is that if you create a DBA, you can use just about any name […]