planning
8 Quotes That Will Motivate You to Make a Plan and Stick to It

8 Quotes to Motivate You to Make a Plan and Stick to It

by Jonathan Michael

Forget about a “case of the Mondays.” Most weeks, it’s Wednesday when you start to wonder why you’re doing what you do. To get you through hump day with a little more pep in your step, we’ve gathered eight inspirational quotes from some of history’s greatest minds. Maybe they’ll inspire you to stick with what... Read more »

planning
An entrepreneur views information about Starbucks on his tablet while drinking coffee

Thinking About Buying a Franchise? Consider These Pros and Cons

by Scott Gerber

Like any other business, there’s a lot to consider when purchasing a franchise. Does starting your own business yield more long-term rewards, or is buying a franchise a better choice? To find out, we asked eight founders from Young Entrepreneur Council (YEC) their thoughts on the subject. Here are their answers are below. Q: I’m thinking about buying a franchise.... Read more »

planning
Museum of Modern Art Non Profit Business

How to Write a Nonprofit Business Plan

by Angelique O'Rourke

Starting and running a nonprofit is an exhilarating experience, but it also requires thoughtful planning and execution to be successful. Nonprofit organizations share many overlapping needs with traditional for-profit ventures, including the need for a good business plan. At some point in the process of starting or managing your nonprofit, you will probably realize that... Read more »

starting
Starting a Hair Salon

How to Open a Successful Hair Salon

by Lisa Furgison

Planning to open a hair salon? Check out these tips from a salon owner with 40 years in the business. Read more »

starting
iceberg square

What Should All Entrepreneurs Know Before Starting Their Very First Business?

by Candice Landau

We've turned to entrepreneurs and experts to get you the best answers to this question. Whether you're starting a business for the very first time or are starting a business for the third time, there are some things that it can't hurt to remember. Read more »

starting
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7 Quotes from Famous Americans About Business and Success

by Jonathan Michael

“Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” - Mark Twain “Failure is simply the opportunity to begin again,... Read more »

starting
How to Pick the Right Lawyer For Your Startup

How to Pick the Right Attorney For Your Startup

by Caroline Cummings

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. Read more »

starting

Guide: How to Start a Successful Photography Business

by Lisa Furgison

If you have some creative photography chops, you might want to open your own business. You’re not alone. Photography is a popular profession and hobby right now—and that’s the problem. In the past decade, camera gear has become more affordable and consumer friendly, and as a result, everyone is a photographer. But, that doesn’t mean you... Read more »

starting
pros and cons of subscription services

The Pros and Cons of Running a Subscription Service

by Josh Ludin

When my roommate and I returned home one day from work, there was a box sitting on our doorstep. With great excitement, we picked up the package, only to find out that while it was addressed to our apartment, it was sent to a name that neither of us recognized. Like anybody would, we immediately... Read more »

starting

Be the 25 Percent: 25 Tips to Make Your Startup a Success

by Rob Young

It will come as no surprise to learn that the majority of startups fail. But thanks to research by Shikhar Ghosh, a senior lecturer at Harvard Business School, we can at least put a number to the failure rate—75 percent—and hopefully avoid becoming part of it. With three quarters of venture-funded startups failing to succeed,... Read more »

planning
shutterstock_135615605

If I register a sole proprietorship or a partnership, how will I pay myself?

by Candice Landau

If you’re asking this question with taxes in mind, you should know that the structure of your business decides how you will be taxed and how you can withdraw money from the business. It’s not just a question of ethics, it’s a legal question and you’re right to be asking it. If you’re already in... Read more »

planning
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What You Absolutely Cannot Afford to Forget When Pricing Your Products

by Candice Landau

Pricing products correctly is an art. It requires an awareness of the market as it currently exits, the vision and ability to see a market as it could or will exist, and the logic to decide on a figure that will cover costs, send a message and maximize sales. Because there is no definitive guide to pricing, it is more worthwhile to get an accurate idea of how your price will affect other areas of your business. Read more »

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14 Business Resources Every Entrepreneur Should Know About

by Lisa Furgison

There are a ton of great resources available for entrepreneurs, but most of the time you don’t hear about them unless a fellow business owner mentions one. So, we asked dozens of entrepreneurs to tell us the one business resource that helped them the most. From their feedback, we’ve compiled a list for you. You’ll... Read more »

planning
exporting

The Pitfalls of Not Having an Export Business Plan

by Laurel Delaney

Below is an extract from Laurel Delaney’s book “Exporting: The Definitive Guide to Selling Abroad Profitably.” This book was published in December 2013 and is available for purchase online. If you would like to find out more about the author, the book, or about exporting in general, Laurel’s blog is an excellent source of information.... Read more »

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7 Strange Yet Innovative Online Subscription Services

by Ryder Cochrane

The premise is simple: sign up for the service, pay the company, and each month the product will show up at your door. The business model has been around for quite some time, but recently, the market for these monthly services has expanded. With expansion inevitably come new products and services, and none of them... Read more »

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white rabbit late

I’m Almost 29, Is It Too Late to Start a Business?

by Candice Landau

It’s Monday again and you’re back at your desk at work, wondering why you still haven’t started your own business; why you’re still having to compile reports of things you have no interest in; and where you went wrong… I’m here to help so grab a coffee, forget the report and the emails, blank out your own critical inner voice (and your boss’s voice if possible) and listen up. Read more »

starting

Mid-Week Inspiration: 10 Quotes from Entrepreneurs & Influencers to Motivate You

by Jonathan Michael

Forget about a “case of the Mondays.” Most weeks, it’s Wednesday when you start to wonder why you’re doing what you do. To get you through hump day with a little more pep in your step, we’ve gathered ten quotes shared by today’s entrepreneurs, influencers, authors, and speakers. Maybe they’ll inspire you to stick with... Read more »

planning
Hannah Meuser, a social media strategist, shows you what not to do on your social sites.

4 Social Media Mistakes Your Business Should Avoid

by Lisa Furgison

When it comes to social media, many entrepreneurs are self-taught. You’ve learned your way around Facebook and Twitter with personal accounts, so you figure you’re good to go when it comes to a business account. Your experience will help, but there are some unspoken rules in the social media world that you might have missed... Read more »

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What do Investors Want?

What do investors REALLY want?

by Candice Landau

Hundreds of episodes of Shark Tank and Dragon’s Den have taught us that if you do not know your business inside-out and if you don’t come across as capable of running your business without the ongoing guidance of your backers, you’re not going to stand much of a chance. In this post we will answer 3 questions: What do Investors Want? Should you perform market research before pitching? Will an investor steal your idea? Read more »

starting

9 Compelling Reasons to Start a Business (+ BOOK GIVEAWAY)

by Jonathan Michael

The following article is an adaptation from the book “Own Your Future” by Paul B. Brown with Charles F. Kiefer and Leonard A. Schlesinger. Paul B. Brown is a long-time contributor to The New York Times and a former writer and editor for BusinessWeek, Forbes, and Inc. Want to win a copy of the book? Scroll to the... Read more »