Published: June 22, 2017, 4:01 am
How to Turn Your Hobby into a Profitable Business
Have you ever heard that old saying, “If you truly love what you do, you will never work a day in your life”?
Well, you can take that saying to heart, because it couldn’t be truer. The only real problem is finding a job that allows you to do something you love. This is why many people are turning their hobbies into full-fledged businesses, and you can do the same. Whether you have a wood-working hobby, a sewing hobby, or an interest in teaching, you can take any of these hobbies (Read more...
Published: June 22, 2017, 3:55 am
The 5 Steps You Need to Take Before Writing Your Business Plan
If you want to start a business, you need to have a business plan. However, before you even begin the drafting process for your business plan, there are some steps you should take to get your personal finances, logistics, and ideas in order. Without that foundation, writing a business plan will be substantially more difficult, so take the time to organize yourself in advance.
Steps to Take Before Writing a Business Plan
Follow these steps to give yourself the best platform for writing a business plan: (Read more...
Published: June 21, 2017, 3:45 am
Why Business Owners Should Make Studying a Habit (and How to Do That)
Studying is a tool to acquire and store information, but the word is almost exclusively associated with its academic context. High school and college students need to make studying a habit so they can get good grades and pass their courses, but even after you graduate and start your own business, you shouldn’t stop studying—ever. Nobody will be grading you, at least not in the formal sense, but the breadth of information you have and how up-to-date you stay on current events will have a direct effect on (Read more...
Published: June 21, 2017, 2:55 am
3 Tips for Having a Successful Business in a Highly Competitive Industry
If you’re a business owner, you probably realize the amount of work it takes to have a successful business. This is especially true if you’re in an industry that has a great deal of competition. For instance, if you provide consulting services to others there are likely to be many other providers in your area.
You should take time to find ways to market your business to aid you in getting and keeping clients. There are various ways you can accomplish this goal, and being aware of how to (Read more...
Published: June 21, 2017, 2:50 am
The Vital Importance of Confidentiality for Startups
Starting a business is not an easy task. Neither is it easy to maintain confidentiality over its most sensitive aspects.
An entrepreneur is an individual who is able to convert an idea into a profit-generating business. It can be tough to do this successfully. One of the chief reasons is that other people can so easily steal and use your ideas—if you are unwise enough to disclose the details heedlessly.
For this reason, you will need to take precautions. It is of vital importance to play your cards close to your vest. Below are (Read more...
Published: June 21, 2017, 2:41 am
Base Your Marketing Choices on Cost-Effective Solutions
Cost-effective marketing solutions can communicate the substance of your business and put you on the road to success.
For example, a focus on content marketing doesn’t have to be a huge expense. But it can give your business a much-needed boost. Just focus on providing quality content and the results are sure to follow.
When you upgrade your online content marketing to maximize SEO (Search Engine Optimization), you can be sure that you’re making the best use of your marketing budget. Such a strategy will give your business the cost-effective, long-reaching advertising it deserves (Read more...
Published: June 21, 2017, 2:36 am
Living It up in Atlanta
Are you thinking of moving your business to another location but you’re uncertain as to where? Which city would be a smart move for a young, business-savvy entrepreneur like you?
Haven’t you heard the latest news? Atlanta is a new up-and-coming business center as well as a vibrant entertainment capital.
RELATED ARTICLE: 3 THINGS TO REMEMBER WHEN MOVING YOUR BUSINESS’S LOCATION
Atlanta Is Booming
According to the latest studies, the city of Atlanta is becoming one of the most culturally diverse and economically profitable cities in the US. In recent years, Atlanta’s (Read more...
Published: June 19, 2017, 12:36 am
Debt Consolidation Scams: Know the Signs to Avoid Getting Burned
In a perfect world, debt consolidation scams wouldn’t exist. But unfortunately we do not live in a perfect world. So just like any other industry, there are unscrupulous companies out there. These companies try to take advantage of businesses that need their services as well as good, unsuspecting people like you.
Instead of falling prey to these heinous scams, prepare yourself. Know what to look for when you seek help from debt consolidation companies.
Let’s take a look at some of the most important things to look for when you’re seeking to (Read more...
Published: June 19, 2017, 12:34 am
Get Creative: Use Consolidation Solutions to Diminish Business Debt
One of the biggest problems with any debt, but particularly business debt, is the concept of lending at interest. This is great for the lender, but it’s not so great for your business.
Interest can double the cost of a loan relatively quickly. Consider a $10,000 loan at 5% interest compounded monthly. After the first month, the price goes up to $10,500. After the second month, you’re looking at $11,025.
At that rate, the principal will double in less than a year and a half. Now, this (Read more...
Published: June 19, 2017, 12:32 am
Remember the Tax Man: Tax Consequences of Debt Relief for Businesses
When you’re trying to get your business out of debt, you have some options. However, regardless of what you choose to do, you’ll need to consider the tax consequences of debt relief.
Covering All the Angles
If you can negotiate with creditors and end up with a debt consolidation or a debt settlement, you’ll have to consider the taxable implications of those actions as well. What basically happens is that, in the US, the Internal Revenue Service considers funds which have been excised from debt to be income.
According (Read more...