Starting a new business is a daunting prospect for anybody, whether you are a budding entrepreneur or just an ordinary individual that wants to do what you love for a living. Whilst we all dream about quitting the day job that we hate and working for ourselves, there are many factors to consider and the …
Excellence. It’s an interesting concept – especially, if you’re one who has always experienced “luck” in all aspects of your life. But – is “Excellence” about “luck”? Or – is it more about hard work and determination? Can you be #1 in your field – and not care about Excellence? Lucky people come in all …
Buying a business entails some risks but these are less than when you start a new business. An existing business has the necessary equipment and inventory; customers; trained employees; and performance history. Before committing to buy a small business, consider the following. 1. Emerging Threat in the Location A small business for sale may be …
The U.S. Small Business Administration has various loan programs that provide business financing for small businesses. It particularly caters to new and existing small businesses that are unable to secure business loans from lending institutions on their own. The SBA does not directly provide financing. It works with other lending companies and guarantees that the …
At one time or another, nearly every employee dreams of owning a business. Perhaps you’re tired of all your hard work ending up helping someone else achieve his or her entrepreneurial success, or you may fear for losing your job in a weakened economy. Whatever your motivation, the compulsion to own a business is strong …