As a small business owner, you wear many hats and juggle countless responsibilities every single day. From managing employees to handling finances to keeping customers happy, strong leadership is critical to your company’s success. But what makes a truly effective leader? While there are many qualities that great leaders possess, one that is often overlooked […]
Read MoreYou started your business as a labor of love, nurturing it through those tough early years with grit and personal sacrifice. Over time, that seedling grew into a successful enterprise through your sheer force of will and hands-on leadership. Your business has become an extension of yourself. After all, you are the boss, the visionary, […]
Read MoreThe path to entrepreneurial success is paved with challenges and triumphs, often born from humble beginnings. Today, I’ll highlight such a story. Audrey Finocchiaro and Sam Lancaster are the founders of The Nitro Bar, a cold brew coffee business in Rhode Island. They started their business in 2016 in Audrey’s parents’ basement, and with long […]
Read MoreAs an entrepreneur, you can appreciate how difficult it may be to get funding for your business. You’ve pitched your heart out, refined your business plan, and networked like it’s an Olympic sport, yet the only word you seem to hear from investors is “no.” But fret not! It’s possible to turn that “no” into […]
Read MoreManaging a business comes with its own set of challenges, and one of the most formidable is the potential for litigation. Legal disputes can drain your financial resources, consume precious time, and tarnish your company’s reputation. However, strategic planning and support from a trusted advisor can significantly mitigate these risks, safeguarding both your personal and […]
Read MoreWelcome back to our exploration of foundational strategies for building a successful business. In the first part of this series, we discussed the importance of partnerships, preparedness, inclusivity, team support, and maintaining a unique business identity. In this second installment, we continue with 5 more strategies that are essential for modern entrepreneurs aiming to thrive […]
Read MoreAny successful entrepreneur will tell you that starting your own business is a thrilling endeavor that requires creativity, resilience, and strategic thinking. Whether you’re planning to launch a disruptive tech startup or open a charming local cafe, there are foundational strategies that will help you lay a strong groundwork for success and help you survive […]
Read MoreThe Federal Trade Commission’s (FTC) recent decision to ban non-compete agreements marks a significant shift in how labor markets will operate across the United States. This rule, passed by a narrow 3-2 vote on April 23, 2024, prohibits the use of non-compete clauses nationwide but allows some leeway for senior executives. As a small business […]
Read MoreThe journey of launching a new business or expanding an existing one brings the thrill of crafting a unique identity—choosing a catchy name, designing an eye-catching logo, and selecting other branding elements. This creative process is exhilarating, yet it’s fraught with hidden dangers, notably the risk of infringing on another company’s established trademark. This mistake […]
Read MoreStarting a business is an exciting venture, but it also comes with a plethora of challenges, not least among them securing adequate funding. In a previous article, I discussed the pros and cons of business loans and lines of credit. Here, I’ll cover another funding resource: credit cards. However, the thought of using credit cards […]
Read MoreIn the entrepreneurial world, where innovation and vision drive the future, the importance of effective communication is often overlooked. But the ability to convey your ideas clearly, persuade and inspire action can make or break your business. Being able to communicate well is crucial for business leaders. It’s not merely a “nice to have” skill […]
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