Starting a business is exciting and rewarding. But determining how much everything will cost can be challenging, as can finding those funds. A Shopify survey of 300 small business owners and 150 aspirational entrepreneurs in the U.S. found that they spent, on average, $40,000 in the first year of business. But every business is unique, and costs will vary…
Still looking for cash for your small business? Here are 4 options
As the economy bounces back and the U.S. transitions out of the pandemic, small-business owners will need access to capital to both recover and grow. However, since federal relief from the Paycheck Protection Program ended on May 31, business owners may be wondering where to get financing…
Why saying ‘no’ can actually help your business or startup
Generally speaking, the word “no” carries a weighty, negative connotation. From an early age, we’re taught that “yes” — its affirming counterpart — is more favorable. This duality is further reinforced when we enter the workforce. Understandably, we want to prove ourselves to peers, management, clients and customers…
How can you tell whether your employees are ‘FIT’ for leadership? This simple acronym can help
Leadership, in its complete and holistic definition, is a skillset every person needs. This can take different forms: There is the visionary leadership which we are most accustomed to. Then there is the interpersonal leadership that is associated with groups and one-on-one relationships. There is self-leadership, the leadership required to lead oneself through...
7 steps to grow your startup into the next billion-dollar company
Growing a business from a startup to a unicorn requires some unique strategies.
When you see startups like SpaceX and Pinterest grow from a low valuation to a billion dollars in just a few years, it’s easy to assume that if you just keep doing what you are doing, you can get there as well. Yet as a business…
How to give your small business a boost post-COVID-19
It’s been an extremely trying time to be a small-business owner — many businesses have shuttered their doors over the course of the pandemic. But even if you’re one of the lucky ones who survived, it’s likely that you’re still struggling and may not have fully bounced back. I tapped…
5 things to consider when selecting a website platform for your business
Every business needs a website, and every business has different needs: different online objectives, products, services and more. No cookie-cutter website platform will work perfectly for everyone.
There are some platforms that we hear of more than others, like WordPress for blogs and small local businesses and Shopify for all things…