According to often published statistics, more than 80 percent of small businesses fail. On the surface, this is lamentable and common scapegoats for small business failure are often “the economy” or “systemic disadvantages for small businesses” or “lack of access to capital”. However, the causes for business failure are quite often preventable through sound practices, Read More

Costs to start businesses vary wildly according to industry, location, and size. Clearly, it costs more to start a car dealership than it does to start a lawn service. But when it comes to startup costs, you must plan for the unplanned. We know that business planning can be a dry subject. Check out the Read More

Small businesses can be competitive employers and provide their people with security and a good living. However, jobs at large companies are normally sought-after and openings are competitive. One major reason is perceived security and quality benefits. Startups and small businesses often find themselves competing against governments and large corporations for talent. But, the thinking Read More

When developing a business, don’t make the common mistake of omitting insurance. Some businesses are easier to insure than others, and it is often difficult to determine the exact amount of insurance needed. Almost anything can be insured. Actress Julia Roberts insured her smile for $30 million, singer Bruce Springsteen insured his vocal cords for Read More

When starting a business, a location is a very important factor in your marketing. Find the right place for your business according to considerations normal for your industry. For example, do you want to be near your competitors? Consider an arts district for example. The area itself is a destination, so art galleries are located close to each Read More