Entrepreneurship Advice

There’s really no perfect time to expand your business. It’s a process that involves as much risk as when you first started. Having said that, there are things you can do to make sure that you are as ready as you can be, and you can bring down that risk to a minimum. If you […]

The COVID-19 pandemic continues to hurt the U.S. economy as research at the University of Illinois, Harvard Business School, Harvard University, and the University of Chicago say economists estimate the closure of more than 100,000 small businesses since the pandemic surged in March. Recent data also suggests more job cuts by U.S. state and local governments

More people are quitting their 9-to-5 to turn their hobby into a successful business. Although opening a shop is easier now more than ever thanks to the internet, running a business is still risky. There are so many other competitors who are after the same target market. With little to no budget for marketing, how

Businesses are always looking for ways to engage their target audiences. Before, this is quite easy as long as you offer great quality products at a reasonable price. But since competition in the market continues to grow and consumers are becoming smarter and more demanding, this now becomes a tricky task. How can one win

Every website owner wants their page to garner a lot of traffic. You want people, especially your target audience, to find and visit your website. That’s why a lot of businesses are investing now in building their sites, hiring a web design and development agency to help optimize their pages to generate more traffic. But with the overwhelming

Some products are easier to promote than others. Apple, for instance, could produce aesthetically stunning iPhones that look awesome in the hands of mobile users. Unfortunately, not all brands are like Apple. Majority of the companies in the world don’t produce or manufacture flashy gadgets. Despite this, the products made by these businesses help make

The current world health crisis has an undeniably negative impact on some businesses. Some industries that used to be on top of the world are now suffering thanks to the many restrictions and limitations that were and are still being implemented. According to Market Watch, some of the most COVID-19 affected industries are the tourism, sports, and

The idea of starting a company or business is appealing to many professionals. While they might already be employed, the routine of a 9 to 5 schedule might not be as fulfilling as before. You might be in a similar situation. You might be searching for signs that indicate your readiness to start your own

Got a taste for ice cream? Buying and running an ice cream franchise business is a great way to earn a living doing something you’re passionate about. However, it’s still a business at the end of the day and it’s not always fun and games. Even though franchises are generally considered a safe bet since

As the song goes, “Even the best fall down sometimes.” The problem is for businesses, this stumble can cost thousands or millions of dollars. It may even bring them down to their knees, which is bankruptcy. One of the effective ways to mitigate this risk is to create a feedback management system, especially during the