Taking the leap into self-employment can be scary, but it can also change lives for the better. Many self-employed people talk about how their job offers them a sense of purpose and fulfillment that evaded them when they worked for someone else, not to mention the more logistical benefits of being your own boss and […]
Written by Joseph Muscente
Autonomy, flexible hours and the ability to earn more without jumping through hoops: Given these perks, it’s no surprise that over 9 million Americans have chosen to start their own businesses, according to the latest data available from the Bureau of Labor Statistics. Of course, this is much harder to accomplish than simply deciding to […]
Written by Joseph Muscente
The first order of business — for most businesses, anyway — is making money. That’s not news. But these days, with a plethora of options on the market, many customers vote with their wallets. That means choosing to support businesses that align with their values, sometimes even at greater financial expense. A 2024 customer survey […]
Written by Joseph Muscente
The holiday season can be a critical time for small businesses. In fact, small business owners recently surveyed by QuickBooks said they expect to bring in 33% of their yearly revenue from holiday sales. Taking a strategic approach could help you meet — or surpass — your target. This time of year offers a golden […]
Written by Joseph Muscente
In any small business, risks come in many forms — natural disasters, legal disputes, employee injuries and even cyberattacks. These risks may seem unavoidable, but the right insurance coverage safeguards your business, protecting its stability and long-term success. Choosing the right business insurance is about more than just compliance; it’s about maintaining your assets and […]
Written by Joseph Muscente
As an entrepreneur, making the decision to expand your team can feel exhilarating. After all, it probably means that your business is growing. About 18% of small businesses in the U.S. have paid employees, according to the U.S. Small Business Administration (SBA). But hiring new talent comes with certain legal obligations, plus effort to recruit […]
Written by Joseph Muscente
Effective credit management is more than just a back-office function; it’s a strategic tool that can drive business growth. For small business owners, managing credit effectively means protecting cash flow, reducing bad debt and strengthening relationships with customers and suppliers. In this guide, we discuss the role of credit management in business success, present three […]
Written by Joseph Muscente
As a small business owner, you are responsible for your own retirement savings. This can be a daunting task, especially given most adults believe they’ll need nearly $1.5 million to retire comfortably. The good news is that proper retirement planning can set you up for success. There are several small business retirement plans you can […]
Written by Joseph Muscente
Running your own business has its perks, but you’re also vulnerable to legal risks. Legal costs can add up quickly; in 2021, they cost small business owners $160 billion, according to the U.S. Chamber of Commerce Institute for Legal Reform. Safeguarding your business against legal challenges is essential for sustainable growth and stability. Here are […]
Written by Joseph Muscente
Starting a successful online business is like starting a tug-of-war between your time and money. For early-stage entrepreneurs, you constantly have to ask yourself if you should invest your hours into learning new skills, like web design and video editing, or if you’re better off hiring experts. And then there’s the question of how you’ll […]