As our economy stumbles through difficult times, people look for new opportunities to survive. This is a good thing. At the same time, it is the duty and responsibility of The Entrepreneur’s Advisor™ to warn potential entrepreneurs and those wishing to start up a micro-enterprises that they need to be very careful about spending much needed [...]
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You know it is time to run away if…
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There is no statement as important as Cash is King for a business. Without a positive cash flow no business can survive for very long.
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Far too often, life coaches, entrepreneur advisors and consultants who have never experienced the hardships of starting and running a business sell their services. “Experts” claiming 1-3 successful ventures, a book, or social media expertisesell their services. Unfortunately, most have never experienced the hunger necessary to coach and develop an entrepreneur. The internet has seen an explosion of people claiming to be experts. Find out here what to look for to avoid losing your money.
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The question becomes what can you do to grow your micro-enterprise to become a small, midsize or large business particularly when the economy is in dire shape? First let us review some tips for starting the business and then take a look at some methods of organic marketing to get and keep you going.
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“Mapping the Path” means going from point A (starting) to point B (business fruition). Doing so requires you to “Determine Your Objective(s)”, set out a “Plan of Action” to accomplish the objective(s), and Change Management.
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This is the second in a series of articles designed to help Entrepreneur’s understand the dynamics of starting and owning a business. Thinking Through Your Idea the Right Way – prior to creating a business plan In the first article of this series, we learned about the mindset usually needed to become a successful business [...]
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How do you define what building an “ORGANIZATION” really means to a new venture? Everyone seems to have their own concept in mind when defining how they will build their new venture or business organization. However, there are some very basic concepts that are often overlooked. Most importantly, the concept of an organization should be [...]
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This article is a brief summation of the issues that Business Advisors or other professionals run into when asked to assist people raise capital. Please read all prior blogs on Finding Funding for Your Venture to understand that a business plan alone will help you achieve your fund raising.
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Before you start a business based in the home there are several factors to consider and questions to ask yourself.
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