of

5 Essential Basics of a Small Business Domain Name Strategy

What is a Domain Name Strategy?
The purpose of a domain name strategy is to proactively protect your brand online by reducing the chance for others to use your brand name in their online activities, specifically, in their website URLs.

complete article




of

Stages of a Small Business

As a small business develops, it moves through five growth stages, each with its own distinctive characteristics. Small businesses vary widely in size, industry focus, management styles and capacity for growth.

While each enterprise is unique in many ways, all experience common problems arising at similar stages in their development. For owners, understanding what can be expected in each stage of development will aid in assessing challenges and smooth the transition for business growth.

complete article




of

What the Internet of Thing Means for Small Businesses

The Internet of Things includes, among many other items, sensors for monitoring business and home security.

How IoT Can Help Small Business Compete
Here are two examples of small businesses that have figured out to compete against Goliath by finding low-cost ways to incorporate IoT into their operations:  

complete article




of

What Goes In Your IRA? None of Your Small Business!

Can you operate your own small business inside your IRA? From 1974 to 2013 that question was in a gray area--the answer was a definite maybe. But the multiple shades of gray have recently turned to black and white.

complete article




of

The 6 Types of Buyers for Your Business

There is a reason it’s called exit planning -- the steps involved in determining how to ultimately leave the company you have built require careful thought, deliberate consideration, and plenty of time.

There are many directions you can take in the sale of a company, and considering who you’ll eventually find at the other side of the negotiation table is one of the most important things to understand as you get started down the path to an exit.

complete article




of

Five Ways Small Businesses Can Make the Most of Facebook

Why devote 10 minutes a day to Facebook? There are many reasons why, but most importantly Facebook can help strengthen your relationships with your customers. The smaller your business, the more important these connections can be to help keep your company thriving.

complete article




of

The Basics of How I Built a Seven-Figure Business Without Employees

There is a lot to be said for those rare few that possess the ability to create huge companies with hundreds or thousands of employees that are all just ecstatic to be at work. It is exceptionally difficult and equally as impressive, which is why they end up taking up space on the front page of a major magazine or journal.

Although it appears flashy and glamorous, particularly with the amount of celebrity that todays super entrepreneurs wield, there is a tremendous amount of flexibility that is lost, almost by default, once you pass a certain size. Now, not only am I not one of those few, but I really do not want to be.

complete article




of

34% of U.S. Small Businesses Have Been Hit by Disasters - It Pays to Be Prepared

No business owner ever expects it to happen. After closing up for the day or the week, a phone call at 6 a.m. lets you know that the severe storm that passed through town overnight took a punch at your small business, with flood damage, fire, tornado or other damage.

Or it could have been an earthquake or hurricane. Still, what may have taken years to build is in ruins. How do you begin to recover?

complete article




of

Three Kinds of Logos

Though a diverse range of logos exist, logo designs can ultimately be categorized into three different general styles. Each of these styles tends to suit different aesthetics differently. For this reason, you may find that a certain style of logo seems better suited to your purposes than the others depending on the nature and niche of the brand you intend to build. The three main types of logos are as follows:

Three Kinds of Logos




of

5 Ways to Maximize Word-of-Mouth Marketing

If word-of-mouth marketing sounds simple, do not be fooled -- it is not. Creating cutting edge buzz-worthy messages that go viral is no easy task.

While more than half of small business owners anticipate growth for their businesses in 2015, according to a Small Business Report, 56 percent say they are investing less than 3 percent on marketing. When they do invest, most of these business owners are likely thinking about traditional forms of advertising or collecting new customers instead of connecting with them.

complete article




of

77 Percent of U.S. Consumers are Planning to Shop Small

As small business owners across the nation gear up for Small Business Saturday, a record number of shoppers are making plans to support their favorite local businesses. According to the fourth-annual Small Business Saturday Consumer Insights Survey, released by the National Federation of Independent Businesses and American Express, supporting local small businesses continues to be a priority for shoppers nationwide.

complete article




of

2016 Social Media Trends Businesses Need to Take Note of

Social media has become a necessary business tool for companies big and small. There are now more than 2 billion active social media users around the world, according to a LinkedIn article about upcoming social media trends. More people are now regularly using social media than the populations of the United States and China combined, and the number is growing at a clip of 25 percent a year.

complete article




of

The 20 Best Entrepreneurial Stories of 2015

These founders embody the reasons so many Americans are drawn to entrepreneurship: passion, purpose, fulfillment, and financial success. This year they all shared with Inc. readers the secrets to how they did it.  

complete article




of

71 Percent of Small Businesses Expect Growth, Report Says

Small businesses are hopeful about growth this year according to the new State of Small Business Report by software solutions provider, Wasp Barcode Technologies.

The study says 71 percent of small businesses expect revenue growth, although 50 percent of small business owners said hiring new employees would be the key challenge facing them this year. And 45 percent said that challenge would be increasing profit.

An earlier survey conducted by Yelp had similarly found small business owners optimistic about growth in 2016. According to that survey, the percentage of American small business owners expecting to see revenues grow, however, is higher (85 percent).

complete article




of

Be Highly Successful: 9 Body Language Secrets of Exceptional People

Your body language is a fundamental part of who you are; chances are you do not even think about how you stand, sit, and move. You should, of course, because other people instinctively pick up the nonverbal signals you send.

Oddly enough, you also pick up on your own nonverbal signals. Gestures and postures make a dramatic impact on how you think, feel, and perform.

Want to use body language to be an even better you? Here are ten simple ways:

complete article




of

10 Examples of Instagram Ads and the Lessons They Can Teach

Without further ado, then, here are some of my favorite Instagram ads, as well as some that I would have handled differently, and the lessons you can learn from them.

complete article




of

How Small Businesses Can Make the Most of Big Data

Big data and business intelligence (BI) used to be only for enterprise companies. Now, however, thanks to the software as a service (SaaS) revolution, even small businesses can afford to track and tap into a wealth of information.

However, becoming a data-driven small business is not easy. Because you are dealing with complex troves of records that have multiple sources and are therefore highly unlikely to be structured uniformly, it can be difficult to process it all and interpret it into insights your business can actually use.

complete article




of

7 Offbeat Small Business Growth Strategies to Follow

Because small businesses have shoestring budgets, they lack all the privileges large businesses enjoy. Tilting the ground in their favor is incredibly difficult for them. It’s no surprise that 90 percent of startups fail.

Expert tips can help them lower the cost while keeping the quality of the work high and meeting deadlines. Here are some offbeat growth strategies for startups:

Working as Outsourcing Partner
Competition with large businesses is futile for a small business. Co-habitation, on the other hand, can drive growth. A small business can cohabit with a large business by becoming the latters outsourcing partner.

complete article




of

Cheaper software puts small businesses in big leagues

Until recently, small businesses assumed that they could not access the same kinds of technology and opportunities that big corporations can with vastly greater resources. Rapid technology shifts have led many smaller businesses to expect more from technology.

complete article




of

Businesses try to keep calm amid uncertainty of Brexit vote

Britains vote to leave the European Union is already taking a toll on some small U.S. businesses, with canceled tour bookings in New York and U.K. retailers cutting back their orders from American suppliers.

The plunge in the pound against the U.S. dollar after the vote three weeks ago makes goods and services more expensive for those in the U.K. and means British tourists get less for their money while traveling elsewhere.

Many of the companies are trying to plot a course without clarity on exactly when or how a split may occur.

complete article




of

The Advent of Access: How Smart Phones Have Changed the World

With the ongoing move of smart phones towards near-ubiquity, much of society has come to take these do-all devices for granted. In overcoming the novelty of smart phones, many of us have lost our one-time sense of awe at this technology, and have ceased marveling at the effect it has had on the world around us. However, it is undeniable that smart phones have exerted a huge and multi-faceted impact on society, and continue to do so to this day.

The Advent of Access: How Smart Phones Have Changed the World




of

8 Secrets of Great Communicators

Great communication skills are a powerful tool to have in your arsenal. Here are eight proven strategies that will improve yours today.

complete article




of

Small businesses put out of business by Internet crooks

Do you own a small business? If so, you are a favorite target of the Internet bad guys. More and more, they are moving away from well-prepared big businesses and stealing from small businesses, who are often unable to cope with even the most basic cyberattacks. Answer the following questions and then think carefully about what the answers mean for you.

complete article




of

10 Overlooked Elements of Running a Successful Business

Running a business is complicated, which means there are some factors or tasks that tend to get overlooked. From basic concepts to more involved processes, members of our small business community have plenty of tips for dealing with those sometimes overlooked business tasks. See the full list of tips below.

complete article




of

68 Percent of Millennial Small Business Owners Rely on Social Media for Brand Promotion

Millennial business owners depend on social media for brand promotion more than any other medium.

Shocked, right? OK, probably not. But just how much Millennial business owners are using this relatively new media — or how much they don’t use traditional media — may come as a surprise.

New data (PDF) from Magisto shows that 68 percent of Millennial small business owners and entrepreneurs depend on social media channels for developing awareness of their own brands.

complete article




of

Sales, Profitability Are Up For Small Businesses As 2016 Ends

U.S. small businesses are wrapping up 2016 with stronger sales and improved profitability.

Businesses with less than $10 million in annual revenues have experienced, on average, 7.3 percent annual sales growth during 2016, according to a financial statement analysis by Sageworks, a financial information company. That represents the fifth consecutive year that sales have grown more than 7 percent.

complete article




of

4 Quick End of Year Legal Tips for Small Businesses

To make lives easier, Moore offers the following legal tips to help small and medium-sized business owners.

complete article




of

3 Ways Small Businesses Can Improve Profit Margins

As a small business, you are uniquely positioned to be able to compete for above average margins, and this should be your focus.

complete article




of

6 Ways to Increase Your Chances of Success When Starting a Business

Are you starting a business for the first time? It can be challenging to step out of your comfort zone and go head to head with competitors, manage customer orders and deliver a desirable product. Putting in the right amount of market research goes without saying. But how do you increase your chances of success when starting a business? Check out these 6 ways here.

complete article




of

7 Tips for Building the Small Business of Your Dreams

Being a business owner is a dream of many; but a reality of only a few. Especially when it comes to actually making it in the small business space. It requires persistence, preparation and dedication.

complete article




of

7 Power Habits of Great Leaders and Business Icons

Our never-ending quest towards self-improvement is a long journey of small steps. Small habits we repeat day after day, week after week, year after year. Small habits that have turned us into who we are today can also determine who we will become in the future. Below are 7 Power Habits of some of the greatest human beings to ever live.

complete article




of

The 5 Pitfalls Of Naming Your Small Business

Everyone told us that the name Worstofall Design would not work. You can not use negativity in your branding, they said.

We decided to go with our gut and ignore the rules.

complete article




of

6 Tools You Need to Make 2017 Your Most Profitable Year Ever

Getting there starts with breaking down profit into its components and using six tools to move those pieces in the right direction.

Profit is revenue minus costs. But to boost profit, it helps to break it down further into gross profit -- price times quantity minus variable costs (e.g., costs that increase with each unit of product you sell) -- minus fixed costs (e.g., salaries, benefits, rent, and utilities).

complete article




of

Why Brick-and-Mortar Retail Technology Is One of the Best Industries for Starting a Business in 2017

Tech startups can help optimize retailers' in-store operations and customer experiences, enabling them to keep up with competition from e-commerce companies. This category includes hardware and software such as sensors that track foot traffic, interactive tablets that boost customer engagement, and mobile point-of-sale applications.

complete article




of

Meet The Future Of Small-Business Health Insurance: Self Funding

A few months before most of the Affordable Care Act provisions that restructured health insurance markets took effect, a broker described the great lengths to which he thought many small businesses might go in order to keep their relatively low insurance premiums. He anticipated that these small companies would start to pay employee health care costs out of their own treasuries — what's called, in the industry, self-funded insurance.

complete article




of

10 Ways to Break Your Small Business Out of a Rut

When your small business gets stuck in a rut, you need to find a quick way to snap out of it. This can mean finding a new source of inspiration, following some new trends or even kickstarting your marketing efforts. For more on breaking your small business out of a rut, check out these tips from members of the online small business community.

complete article




of

The 15 Most Profitable Small-Business Industries

Thinking about launching a new business? Here is where to look to for high profit margins.

complete article




of

The A-Z of Popular Business Startups: A State by State Guide (Infographic)

So many small businesses start as a dream. But what types of businesses are entrepreneurs currently dreaming about starting? Online equipment marketplace Bid on Equipment recently created an infographic showing the types of businesses that are most popular with prospective entrepreneurs and current business owners. Here’s a rundown of the findings.

complete article




of

The State Of Small Business Marketing

Marketing is a moving target these days. Technologies evolve and customer behavior seems to change almost every day.

Small businesses tend to be a little slow with marketing developments. Some are cutting-edge, of course – but most wait until theres proof a tactic works.

complete article




of

21 High-Paying Jobs of the Future

When looking for one of the best jobs of the future, two considerations will be crucial: what jobs are well-paying, and what jobs will expand dramatically in the next decade?

Jobs in healthcare and tech tend to tick both boxes.

The US Bureau of Labor Statistics recently released its biennial projections for job growth across hundreds of occupations between 2016 and 2026.

We took those projections and combined them with BLS estimates of the 2016 median annual earnings of those jobs -- using the geometric mean of the two numbers -- to come up with a ranking of the best jobs of the next decade.

To focus on good, high-paying jobs, we restricted our list to those with salaries higher than the 2016 median annual wage of $37,040.

complete article




of

Amazon takeover of Whole Foods may be good for small businesses in natural food industry

For entrepreneurs in the natural food and products industry like Constantine, Whole Foods has served as a launchpad of sorts for companies looking to get on mainstream store shelves. Companies and local farmers often would get into one or two locations and grow from there if their products took off. Like the big supermarkets and food manufacturers who are nervous about Amazon's size and power, many small suppliers can see benefits of the combination, but are also concerned what it could mean for them.

complete article




of

Amazon Officially Eliminates Cashiers...And Other Small Business Tech News This Week

Here are five things in technology that happened this past week and how they affect your business. Did you miss them?

1 — Amazon Go cashier-less convenience store opens to the public in Seattle.

This week in Seattle, Amazon opened its cashier-less convenience store to the general public. At Amazon Go, customers scan their smartphone on the way in and are then tracked with cameras and other sensors as they browse.

complete article




of

7 Ingredients of Small Business Success Online

Building a small business online is scary. Big businesses can easily outspend you with PPC, SEO, SMM and inbound marketing campaigns.

However, smart startup founders grimly pass around business battles on the blogosphere, charging low prices for quality product, reversing their vision, failing to voice their opinion on their podcasts, showing contempt for our product, and disrespect for our craft.

And yet, look around at the World Wide Web jungle. It's watered by the services offered by small businesses. The technology to produce product and convert customers exists because we create codes, design services, and write web pages, blog posts, and marketing materials that generate leads and close sales. And every 350-pound gorilla company uses our products or services to thrive.

complete article




of

Look out for the rise of the robots

Continuing with our annual look at the top trends in small business, this week we get to the Top 5. Apparently, the only thing constant is change.

5. You will get hacked. In fact, you probably were in the past year, right? The Equifax hack alone exposed the private data of almost 150 million people. Or how about Yahoo? Last year the company divulged that all 3 billion of its accounts were hacked a couple of years ago. Other notable breaches this past year include:

complete article




of

10 Helpful Insights to Help You Make Use of Video and Better Communicate with Customers

Video is a medium that gives your small business lots of different options for communicating and sharing information with customers. But it can be sort of overwhelming for some small businesses. Arielle Kimbarovsky of CrowdSpring offers some suggestions for businesses looking to make the most of video in a recent post.

complete article




of

10 Tax-Savings Hacks That Small Business Owners Often Miss

Being a small business owner is expensive as it is -- every penny counts when entrepreneurs are living on razor-thin margins and fighting for market share. But owning and operating a small business is even more expensive when you pay more taxes than you owe.

In a survey personal finance expert Garrett Gunderson conducted of his small business-owner clients and wrote about for Forbes, approximately 93 percent of them had overpaid over the past dozen years. Now, nobody expects owners to be tax professionals -- you do have businesses to run, after all -- but it's important to know where you can save money in order to invest that money back into your business.

complete article




of

What Are the Elements of a Business Contract?

As a small business owner or self-employed individual, you may need to enter into a business contract. A business contract is a legal agreement between you and another party, and may be used in situations where services are rendered for a fee or specific duties are required to be performed. To be legally valid, a contract must contain several key elements.

complete article




of

Survey: 64% of Small Business Owners Believe Trumps Policies Have Helped Their Business

A majority of small business owners, 63.8 percent, believe that President Trump's policies have helped their business, according to a survey from the Job Creators Network.

More business owners—57.5 percent—believe Republicans do a better job of managing economic issues than do Democrats (14 percent). The survey finds the support is likely due to Trump's ability to roll back regulations and red tape on businesses.

A majority of businesses also support the tax reform package that was signed into law and believe media coverage of the proposal was biased.

Sixty-eight percent of small businesses view the legislation favorably or somewhat favorably. Fifty-eight percent said the Tax Cuts and Jobs Act will benefit their business.

complete article




of

Do Not Ask for a Raise If You Fall Into 1 of These 3 Categories

Below I have outlined three circumstances that should give you pause about the timing of asking for a raise:

1.You have been out of school for less than a year.
2.Your job has not changed at all.
3.You have not made your company any more money.

complete article




of

It is Going to Get Easier to Make Money the Next 5 to 10 Years, and It is Because of These 5 Technologies

As an entrepreneur and an angel investor, I get really excited about the future of personal finance.

As new technologies develop, from cryptocurrencies to virtual wallets, I see advantages for businesses. I also see opportunities for everyday Americans and our families to make--and keep--more of our own money.

In meetings with financial technology startups, I am seeing so many incredible new developments on the horizon. Any innovation that improves how we live, shop, and pay sets off alarm bells--of the good kind--in my friendly neighborhood Certified Financial Planner brain.

Here is a sneak peek of why I think the next five to 10 years are going to make making money easier for all of us. It is thanks to these five emerging technologies:

complete article