Even before the arrival of the COVID-19 pandemic, the work-from-home model had gained traction in the corporate world. Gallup recently surveyed 15,000 working adults in the US and the study revealed that 43% of them spent at least some time working remotely during their work hours. The crisis only exacerbated the trend. Keeping in mind […]
The growing business scene means that our gut instinct is no longer enough to remain abreast of the competition. The dynamics of decision making have changed today as organizations are slowly realizing that data lies at the heart of decision making, meaning that they are becoming data driven decisions. The technology that we use today […]
Unless you live in a state or a country that does not impose sales tax, you must be aware of the strict obligations regarding its fulfillment and payment. Yet, many small businesses tend to take the sales tax for granted. It is also difficult for them in the know of all legislation and bills passed […]
It is a fact of life that if you plan to run a business, then you must pay taxes. If you’re an online retailer, then you’re also responsible for charging sales tax to customers living in states where your business has a physical presence. This tax is then remitted to the relevant tax authority. Filing […]
Right now, the whole DIY thing is a huge trend. People are making their own farmhouse tables, home décor, skincare products, and accounting… wait? that sounds out of place. That’s because it is, you shouldn’t try to do your own accounting if you have no experience with it. While you might be able to get […]
As small businesses seeking to grow and expand, hiring becomes part of the game. As a business owner, it’s often tempting to do everything yourself. But trust me, with the perfect team in place, you’ll be able to scale and grow in a more sustainable and successful way. Continue reading to learn four tips for […]
Writing a business plan is the most crucial and challenging step that every entrepreneur has to go through. Many business owners fail to provide a clear idea of the business to the reader by adding unnecessary stuff in their business plan. An ideal business plan is the one which smoothly takes the reader to the […]
Ask 20 different people what it means to be an entrepreneur and you’ll get 20 different answers. Being an entrepreneur means a roller coaster ride of highs and lows. It’s easy to stay motivated when you’re having fun and making money, but every entrepreneur faces unique challenges and sleepless nights – and that’s when motivation […]
About one-third of small businesses fail within the first five years. There are lots of reasons why a seemingly healthy business can go under, some of which may be outside the business owner’s control. But there are also some very common (and very avoidable) money mistakes small business owners make that contribute to their eventual […]
Passion-based business, or being passionate about your business and what it offers? You are not alone in this question and the struggles that ensue. So many business owners and entrepreneurs wrestle with this question. I also from time to time struggle with the passion-based business question.
As your business grows, how do you transform, mature, and grow from a start-up entrepreneur to the leader of your company? Many small business owners reach a point in their career where the next step is unclear. Are you unsure of how to scale your business effectively? There are ways to kickstart the process. In […]
Have you ever heard the boiled frog metaphor? It goes like this: If you’re trying to cook a live frog and you put it right in the boiling water, it will just jump out. But if you put the frog in a pot of cold water and bring it to a boil slowly, the frog […]
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