I recently read Chris Guillebeau’s new book, “The $100 Startup.” I highly recommend the book to any aspiring entrepreneur. The book had many valuable tips, but I took away two ideas that I find the most important for new entrepreneurs. Have an Addressable Market When you create a new business, it should not just […]
Archives for March 2013
Does Your Business Have a Mobile Strategy?
March 20, 2013 By 1 Comment
Many of your businesses are based in a brick and mortar location, many others are based on the web. Either way, many business owners stop there when building an online presence. With the emergence of smart phones and mobile commerce, it is important that your business takes steps to have a mobile friendly website. […]
Will Your Small Business Succeed or Fail?
March 14, 2013 By 2 Comments
Entrepreneurship is a high risk and volitile endeavor. The infographic below explains that only 35% of small businesses are still around in 10 years. Check it out to see why so many small businesses fail and how you can try to stay ahead of the curve when you are getting started. Related posts you might like: How […]
Is an Entrepreneur Life Right For You?
March 12, 2013 By 2 Comments
While we all dream of Tim Ferris’s 4 Hour Workweek and taking time to travel the world on our luxury yacht, the entrepreneurship dream takes a lot of hard work and dedication. Longer Hours If you work 40-45 hours each week during normal business hours, and like it, running your own business may not […]
Cash Basis vs. Accrual Basis Accounting
March 4, 2013 By 3 Comments
When you are starting a new business, accounting may be one of the last issues on your mind. However, when you are getting setup for the first time, it is important to think of the long-term consequences of your accounting method. Cash Basis Cash basis accounting works like it sounds, you recognize income and […]
