Starting a food truck is an exciting venture that allows you to bring your culinary dreams to life. However, turning that dream into a reality requires capital, and for most aspiring food… Read More
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I provide practical advice and tips to empower business owners with knowledge and tools to succeed at starting and running their businesses.
Topics covered include prelaunch activities, finances, and leveraging social media to manage your operations.
So, you've decided to start a food truck! That's fantastic. It's a great way to share your passion for food with the world, and you're joining a vibrant, fast-growing industry.
Â&nbs… Read More
This article explains what an executive summary is and the layout of it.
The purpose of an executive summary is to summarize the business and marketing plan.
An executive summary should… Read More
Running a food truck can be a profitable and exciting venture, but it requires careful financial management to thrive.
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With profit margins in the food truck industry often ra… Read More
The food truck industry has exploded in popularity over the past decade, becoming a multi-billion-dollar market that attracts both seasoned restaurateurs and aspiring entrepreneurs.
This… Read More
The food truck industry is booming, with market revenue expected to grow steadily in the coming years.
According to a report by IBISWorld, the US food truck industry is projected to reach… Read More
Launching a food truck business offers an exciting chance for food enthusiasts to combine their passion with the freedom of a mobile venture and want the flexibility of a mobile operation… Read More
What we will cover in this article>
What Makes Accessing Traditional Financing Challenging for Small Businesses
What are the Advantages of Alternative Small Business Financing
What… Read More
Finding a niche in the business world is like looking for that needle among all those other needles! Yet, your competitive advantage can be the magnet for that needle to come right in your… Read More
The business world looks very different in the digital technology age. Thanks to e-commerce, your small business is no longer limited to the local market; it is now international.
With the… Read More
By: Mark Chodosh
Introduction
The principal mission of a salesperson is to gain a commitment.
Would you believe that over half of salespeople make sales calls without attempting t… Read More
Introduction
Let's be honest: as a small business owner, poring over financial statements probably isn't your idea of a good time.
However, understanding your income statement is crucial… Read More
A company's balance sheet provides a handy snapshot of its financial position. But to the uninitiated, it can read like hieroglyphics etched on some ancient stone tablet.
Fear not … Read More
Introduction
Well, hello there, my enterprising friend!
So, you have decided to plunge into the wild and wonderful world of entrepreneurship. Buckle up because you are in for quite the r… Read More
Writing a strategic marketing plan is crucial for any business looking to grow. However, most standard marketing plans are overly complex, textbook-like, and dozens of pages long. These he… Read More
Hiring new employees requires a systematic approach, especially for small business owners wearing many hats. Without clear stages and steps, hiring becomes disjointed and inconsistent, lea… Read More
Starting your own small business is an exciting adventure - one minute, you're dreaming up the perfect product or service; the next, you're staring down a mountain of legal paperwork.
As… Read More
Providing exceptional small business customer service is key to your company's success. But in today's competitive landscape, how can small businesses stand out through their customer exper… Read More
As a small business owner, a solid grasp of financial management fundamentals is essential for making intelligent decisions, staying profitable, and securing growth funding.
This comprehe… Read More
Revenue and profit are two of the most critical metrics for any business owner or entrepreneur. While they may sound similar on the surface, there are crucial distinctions between them… Read More
Learn how to create a strategic plan for small businesses to drive growth. Our free SWOT analysis for small business templates will help simplify and organize your strategic planning proces… Read More
Today, we're delving into a cornerstone concept that can be a game-changer for your business - the 5 Ps of Marketing.
But why should you, as a business owner, care about these 5 Ps? The a… Read More
Welcome to mastering the art of writing a one-page business plan!
Have you considered writing a business plan but are intimidated by the time and effort required? If so, consider a one-pa… Read More
As someone who's started and worked with individuals who have started businesses, I know firsthand the effort required to get a new venture off the ground.
When my partners and I op… Read More
When starting a new business, choosing the right business structure can be a challenge.
We will guide you through the four most common business structures: sole proprietorship, part… Read More
Managing accounting and finances tops the worry list for most business owners who are starting or running a business - and for good reason.
With 30% of new companies failing due to cash f… Read More
As a small business owner, you have a lot on your plate. Between managing day-to-day operations, juggling finances, and providing outstanding products or services, effective marketing is o… Read More
Launching and growing a successful small business from scratch is a gratifying accomplishment. However, with growth often comes some growing pains if you try to manage everything indefinit… Read More
Starting and growing a successful small business is a challenging feat. With limited resources and intense competition, the odds are stacked against you.
A staggering 20% of small bu… Read More
Choosing the correct legal structure is one of the most critical early decisions owners must make when starting a new business. Your options will impact liability protection, administrativ… Read More
Starting a new business venture can be an exciting yet daunting task. As you get your operations up and running, one of the first legal decisions you'll need to make is how to structure yo… Read More
Deciding on the right legal structure for your new business venture comes down to weighing many key factors, from tax treatments to long-term flexibility goals.
As such, thoroughly unders… Read More
Deciding on your company's ideal legal and tax structure is complex.
Entrepreneurs are often drawn to the potentially alluring benefits of S corporations. The reduced self-employment tax… Read More
Deciding on your company's ideal legal and tax structure is complex.
When starting a partnership, you should craft a partnership agreement. Let's address one common question: Is a writte… Read More
Deciding on your company's ideal legal and tax structure is complex.
Launching a sole proprietorship provides an accessible way for entrepreneurs and small business owners to establish an… Read More
A well-structured 'checklist when starting your business' can be an invaluable tool, providing a clear roadmap to navigate the complex landscape of entrepreneurship.
The importance of a… Read More
If you're considering starting a business, selecting a business location is one of the most important decisions you will make.
Your business location can significantly impact your s… Read More
When starting a company, crafting the perfect business name is a foundational branding decision. The right business name attracts loyal customers, builds brand identity, and sets you up fo… Read More
Starting a successful, sustainable business is an arduous yet rewarding undertaking. Careful planning and execution of key strategies from the outset can set up entrepreneurs for long-term… Read More
You have what you believe to be a brilliant new business idea.
Before you quit your day job, sign an office lease, or max out your credit cards launching this idea, stop and think critic… Read More
Entrepreneurship is not merely about starting a business; it's a testament to one's ability to innovate, overcome, and lead in adversity.
Successful entrepreneurs are distinguished… Read More