If you love the rush of hosting a party and staying busy while your guests kick back and enjoy tasty food and drinks, you might have what it takes to become a great caterer. The catering industry offers opportunities for people who love all kinds of food and are interested in all kinds of…
In light of such bleak predictions, there’s still good news to be had for seasonal small businesses. Here are five of the industries that can expect to experience an increase in sales this winter.
We all build up equity in different aspects of our lives, whether in the homes we own or in our retirement accounts. But did you know you can offer equity in your small business in exchange for funding? Or that you can use your retirement equity to buy shares in your company? Many entrepreneurs like…
The start of a new year is a natural time for business owners to reflect on what worked in 2019 and create goals for 2020. While there may be any number of changes businesses want to make — including scaling in size, rebranding, or expanding their line of products or services — one of the most…
Four factors you must consider when deciding between starting an independent business startup versus a franchise.
Hiring is an exciting milestone for a business. The company is growing and sales are increasing. Now, small business owners have the chance to hire talented individuals that can help the business reach its full potential. Before you start suddenly hiring tons of workers, it’s a good idea for…
While many Americans would like to run their own business, many are held back by the financial commitment required to buy a business. But if you have a 403(b) retirement plan, you can access the funds available in it via an innovative financing strategy called Rollovers for Business Startups…
The Pros of ROBS Leverage retirement funds tax penalty-free No risk from collateralizing of your home as with traditional loans Start a business without debt payments Invest in yourself, not the stock market No credit score requirements Tax benefits Ability to use retirement funds as the down…
Measures of Entrepreneurial Success 78% of small businesses are profitable. 80% of small businesses are still in operation after 1 year. 50% of small businesses are still in operation after 5 years. 53% of entrepreneurs are extremely happy owning a small business. (Ranking their level of…
