One of the greatest challenges for most new businesses is securing capital; in fact, four out of five businesses fail in the first five years due primarily to a lack of capital. For this reason, it is crucial for you to create adequate start-up and reserve capital prior to starting your business. Now – as […]
Creating a mission statement has the power to bring direction, clarity, and focus to your business, which will – in turn – bring about a unifying force throughout all of your business activities. For this reason, constructing your business’ mission statement is one of the most crucial components to starting your own small business. To […]
If you’re considering devoting your full-time efforts toward running your own small business, it’s important to take some time to determine how much money you may need to have on hand in order to meet your personal financial obligations – for a time – in order for your small business to build sufficient cash flow. […]
Once you have secured your business name and determined your preferred organizational structure, your next priority is to make sure your business and personal expenses are kept separate from one another. This can be accomplished by establishing a small business checking account and using it to pay for all of your business expenses. To get […]
When starting your own business, you may need to acquire an occupational license so that your business can legally operate in your geographical area. Occupational licenses are used by your local municipality to identify the existence of your business. Additionally, they are used to verify whether or not your business is in compliance with local […]
Small business owners can encounter a variety of challenges as they begin to build and enhance their business. Today’s focus will provide you with the opportunity to identify the personality characteristics you have which will increase your chances of building a successful, full-time small business. Compiled below is a list of the common personality traits […]
Have you ever considered designing your own dream business? Small business ownership can provide you not only with the freedom to independently choose the focus and goal of your business, but it can bring about unlimited financial opportunities, as well. And – in today’s world, access to the Internet makes starting your own business the […]
Undoubtedly, you are aware that small business ownership provides unlimited opportunities. But – did you know that a part-time, home-based business has the potential to create thousands of dollars in tax deductions every year, regardless of how profitable the business is or isn’t? Tax benefits are just the beginning. Our Business Development System can be […]
To become aware of the personality traits shared by successful entrepreneurs and to identify your entrepreneurial potential. For the income potential and numerous tax benefits, almost everyone should consider their own small business. Some entrepreneurs affectionally refer to it as a “side hustle”. However, small business owners can encounter a variety of challenges as they […]
Today we’d like to introduce you to Shane Hackett. Hi Shane, we’re thrilled to have a chance to learn your story today. So, before we get into specifics, maybe you can briefly walk us through how you got to where you are today? I attended William Jewell College in Liberty, Missouri graduating with BA degrees […]