Tagged: small business

Small Business, Smaller Budget: 8 Ways to Get Started with What You Have

29 March, 2017

By Doug Bonderud, writer and regular contributor for OnDeck

The rate of small business failure is trending downward, Entrepreneur reports. The trend stems partly from savvy business owners who do their homework before putting their product or service on the market. It can also be attributed to the rise of accessible, cloud-based eCommerce tools and accounting solutions, which make it possible for even home-based businesses to enjoy global impact.

The opportunity for success has never been greater than it is right now. But there’s a problem: While you’re long on ideas, you’re short on cash. So how do you start making money when you don’t have any to spare?

Categories: FINANCES

Tags: business plan Doug Bonderud OnDeck small business startup

8 Non-Negotiable Rules for Retaining Employees

24 March, 2017

By Jane Wesman, president of Jane Wesman Public Relations, Inc., and author of Dive Right In—The Sharks Won’t Bite.

Does this scenario seem familiar to you? You have a terrific job opening. You interview a dozen candidates and hire the person whom you think is going to be perfect. But after just a few months or perhaps a year, your employee becomes sullen and unproductive—and either quits or is asked to leave. And the hiring cycle begins again.

What’s the secret to retaining staff when you’re a small business that doesn’t have the luxury of a big HR department or hefty corporate perks?

Categories: Company Culture Hiring LEADERSHIP PEOPLE/STAFF

Tags: employees hiring Jane Wesman Public Relations manager retaining small business small business administration

8 Building Blocks for a Small Business

7 June, 2016

This article was originally published on EO’s Inc.com column.

Morris Tabush, an Entrepreneurs’ Organization (EO) member from New York, is the founder a president of Tabush Group, a successful cloud computing, technology solutions and IT company focused on serving small businesses. We asked Morris what it would take for a small business to be able to grow and reach the next level of success.

Ever since my parents bought our first family computer back when I was a kid, I have been passionate about technology and assisting others. Throughout high school and college, I often found myself helping friends and neighbors learn how to use computers. In 2000, between my junior and senior years of college, I turned what I was passionate about into a real business, officially becoming an entrepreneur. I worked from my dorm room, providing IT services to small companies.

Categories: Best Practices Entrepreneurial Journey FINANCES Lessons Learned

Tags: entrepreneurial journey eo new york Morris Tabush small business starting a business

How I got Beyond Payroll Survival

1 December, 2014

By Aaron Lee, president and creative director of Illuminati Studios and a member of EO South Florida

I’ve been a business owner for 10 years, but I feel like I’ve been an entrepreneur all of my life. Several months ago, like many of my fellow small business owners, I was just trying to understand how to survive from one payroll period to the next. Surviving is not a way to run a business and I sat back and really considered pulling the plug because I just wasn’t having fun anymore. Soon after, I decided that I didn’t know how to not be an entrepreneur anymore and chose to succeed, not just survive. As the saying goes, I threw my hat over the wall with no idea how to get it.

Categories: Entrepreneurial Journey Lessons Learned

Tags: best practices entrepreneurial journey entrepreneurs' organization small business

Small Business Owners’ Top Three Accountability Problems

9 June, 2014

By Beth Miller, an EO Elumni and Overdrive contributor

As an EO elumni and a Chair for Vistage International, one of the biggest benefits that peer groups can provide for a business owner is accountability. Often, small to mid-size business owners don’t have someone they are truly accountable to. They may have a few industry mentors or an advisory board, yet are they truly accountable to them?

So what can happen when an entrepreneur lacks a system of accountability? Here are the three top problems I have seen leaders face when they don’t have an accountability system for their performance:

Categories: Best Practices Coaching FINANCES Goal Setting Guest contributors

Tags: beth miller budget entrepreneurs' organization eo financ small business

Small Business Finance: Myth vs. Reality

3 February, 2014

By Rodrigo Laddaga, an EO Monterrey-Elumni, and Chairman of the board at E-Myth Spanish

After many years of working with thousands of small businesses, I have noticed that finance is often an area of weakness for small business owners. They say that the language of business is finance, but unfortunately, most small businesses do not fully understand this language.

Categories: Best Practices FINANCES LEADERSHIP

Tags: E-Myth Spanish entrepreneurs' organization eo financial statements small business

3 Ways to Keep Your Creative Juices Flowing When You’re Always Busy

23 October, 2013

By Debra Kaye, Entrepreneur magazine

As a small-business owner, it can be hard to find the time to do the sort of activities that help tone the brain’s innovation muscles — activities like committing to a six-month course of study; making it to weekly networking meetings at your local business club or engaging in nightly journaling and tinkering. These take up a lot of time. But you don’t need a lot of time to keep your creative muscles working.

It’s possible to boost your brain power constantly and on-the-go, by incorporating brain-boosting and creativity increasing activities into your daily routine. Here are three activities I recommend to busy entrepreneurs:

Categories: Networking Productivity

Tags: creativity entrepreneur small business time management

The Pitfalls of the Perpetual Startup

21 June, 2013

By: Diana Ransom, special to Overdrive

Here’s a question for you: When did Facebook lose its startup status? I found myself befuddled by this question recently, and it led me to wonder when a business can no longer call itself a startup. Case in point: A 5-year-old company (which will go unnamed) I was profiling recently billed itself as a startup. I wondered: Is there any advantage to a company continuing to call itself a startup even though it has been around for a few years?

Categories: Best Practices FINANCES

Tags: advice best practices better business business company culture entrepreneur entrepreneurs' organization lessons learned management marketing small business technology

Five Qualities Employees with High Potential Possess

14 June, 2013

By: Beth Miller, special to Overdrive

As business leaders, it is important to be able to see and cultivate the employees who will be the future of the company—and direct its present course. These high potentials, as they are known, can be identified in a number of ways, but are you identifying them in your business? Or are these emerging leaders slipping through the cracks—maybe to another company that will identify their ability to rise through the company ranks?

Categories: Inspirational PEOPLE/STAFF

Tags: best practices business entrepreneur entrepreneurs' organization eo lessons learned management marketing money small business technology

The 5 Branding Rules of Attraction

20 May, 2013

By: Jason Ankeny, a Special to Overdrive

“Your brand is the magnet that draws consumers to your product or service,” says Ken Carbone of Manhattan design and branding firm Carbone Smolan Agency. Here are five rules of attraction:

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Categories: Best Practices PR/MARKETING

Tags: best practices business entrepreneur entrepreneurs' organization lessons learned management money small business social media

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Tagged: small business