Blog

When you come up with a great business idea, it might be tempting to take on a business partner. However, before moving forward, this decision must be weighed with careful consideration. A great business partner can help your company accomplish amazing things. However, if they are unreliable, it could present problems down the road. Like any relationship, a business partnership has benefits ... Read More

Have you been thinking about starting your own business, but keep coming up with reasons for why you shouldn't? If so, you're probably not alone. Starting a business can be risky, but the rewards can also be great. Some entrepreneurs may face difficult financial obstacles or other circumstances that hold them back. However, excuses don't have to keep you from creating the venture you always ... Read More

According to a recently released report, small business confidence is the highest it has been in over 6.5 years. The National Federation of Independent Business reported that its Optimism Index is at the highest level since September 2007, according to an article from CNBC. The Optimism Index was at 96.6 in May after experiencing an increase of ... Read More

Starting a business involves some degree of uncertainty. Lots of factors come into play that will influence the way your business grows and evolves. Being aware of these factors can help you prepare for a successful venture. For some entrepreneurs, starting one venture may lead to another opportunity. If you have big ideas, you don't have to limit yourself to just one business. One entrepren... Read More

Sometimes a moment of inspiration can lead a great entrepreneurial idea. When figuring out a problem, the solution may lead to a product or service that people could benefit from. Products that cater to the needs of a niche audience can make for great small businesses. We've often emphasized on this blog the potential that veterans have to be successful in small business. A recent Read More

There are many factors that go into managing a small business. While owning your own business comes with inherent challenges, it also carries many benefits, notably, increased flexibility and freedom. If you are considering starting your own business, it's a good idea to think ahead about what your responsibilities might look like once your business is up and running and begins to grow. The ... Read More

Entrepreneurs are commonly thought of as being risk-takers. After all, the willingness to take risks may lead to big opportunity, innovation and the creation of something new. However, uncalculated risks can be detrimental to business. For many entrepreneurs, this means having to find a way to cope with uncertainty while developing a business venture. Deciding to go down the entrepreneurial ... Read More

For those seeking to start their own small business, finding a unique aspect that differentiates a new business from its competitors is an essential factor that will help create a successful venture. There may be many companies out there already that provide similar services. Those who fill a niche in the market may be able to create a business that stands apart. What can entrepreneurs do to... Read More

For some individuals, the desire to be an entrepreneur is something they are born with. Having a vision, tenacity, and a willingness to defy convention are some of the traits of successful entrepreneurs. As we've discussed previously, entrepreneurs and veterans share many of these common trait... Read More