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December, 2017

Why Debt Is a Business Killer and how to Eliminate It

Submitted by Dan Radak on Wed, 12/20/2017 - 10:21

Driven by ambition and zest for fast success, entrepreneur beginners often fail to anticipate some financial issues. Although this is something that happens to many business rookies, it has to be nipped in the bud. The main reason for an immediate action is that not paying enough attention to finances can result in a serious business stall or even a closedown. So, if you don’t want to cut a potentially long business story short, learn more about avoiding, controlling and eliminating your debts.

Give Yourself the Gift of Financial Confidence with an Individual 401(k)

Submitted by Stuart Robertson on Thu, 12/21/2017 - 08:51

The holiday season can be a particularly stressful time for the self-employed. In addition to maximizing end-of-year sales, solopreneurs are focused on finalizing projects, issuing and paying invoices, closing books and preparing for tax season – all on their own.

Therefore, it’s no wonder the year-end deadline to set up an Individual 401(k) is often overlooked, but even as your year-end to-do list grows, there are compelling reasons to put establishing your plan at the top of it. Individual 401(k)s, which allow you to contribute up to $54,000 of tax-deferred income each year, have the potential to boost your bottom line and financial peace of mind, and could even move you into a lower tax bracket. 

Business Sentiment is Up Heading into 2018

Submitted by Ryfka Shaked on Thu, 12/21/2017 - 09:23

US small business sentiment is on the rise, and it’s thanks to bullishness on major US indices that this is happening. The business confidence index in the US has steadily been increasing since 2015, in line with global economic trends. This bodes well for 2018, and investors across the spectrum are looking to dig in their heels to profit from the upside momentum. Business confidence is a measure of how businesses perceive the current performance of the economy. It is a quantitative assessment based on positive/negative reviews and it provides useful insights into economic performance projections.

5 Tools For Solopreneurs To Launch Their Own Offline Business

Submitted by Harry Trott on Fri, 12/22/2017 - 08:05

There is a lot of expert advice online about launching your own business. While a lot of this is targeted at online businesses, there is not a lot of information available for solopreneur professionals or skilled traders. Given that nearly 46 percent of such business owners are under the age of 45, it presents a huge opportunity for these young traders to scale their business up with the help of cloud based tools. In this article, we will take you through five tools that solopreneurs can deploy to launch a successful offline business.

How to Get the Word out about Your Brand New Business

Submitted by Meghan Belnap on Fri, 12/22/2017 - 08:09

Starting a new business requires overcoming many obstacles. From creating a reasonable budget to hiring a new staff, most of them can be overcome by planning. What many forget to plan for, though, is how they’ll get customers to pay attention to their new business.

Getting customers in the front door is always tricky, but it too can be accomplished with the right strategies. Below are four ways to help promote your new business and create a core group of customers who can support you through the earliest days of your operation.