Home / Home Based Business

Home Based Business

A 3-Step Process to Making Better Decisions…

No area of leadership exposes a CEO’s weaknesses quicker than his or her approach to decision making. Some CEOs procrastinate for fear of making a wrong decision. Others spend too much time trying to build consensus. Some want to make every decision no matter how small. Still others dictate decisions ...

Read More »

6 Benefits of Coworking With Strangers…

Freelancers and contractor writers operate as independent entrepreneurs, but that arrangement doesn’t have to mean creating entirely in a vacuum. Gathering with other freelancers in a coworking environment can benefit professionals as well as their products. Coworking provides opportunities to observe and learn from colleagues who value their autonomy and often share other values, too. From ...

Read More »

9 Sales and Marketing Tips for Startups…

Marketing done right can be an incredible boon for your business’s net income. Done wrong, however, it can feel like throwing money into a raging bonfire. Because small business owners have to be whatever their small business needs — all the time — it can be difficult to master all the nuances ...

Read More »

3 Tips to Declutter Your Product Offerings…

The more bells and whistles your product has, the better, right? Not necessarily. A Berkshire Hathaway-owned company recently faced the consequences of an overly complicated product, in what turned out to be a worst-case scenario: legal action. Related: The Importance of Staying True to Your Roots as an Entrepreneur Applied Underwriters, a workers compensation ...

Read More »

What Exactly Is Your Income Statement Telling You?…

Our very first consulting client was a home health-care business. As part of our initial analysis, we asked to see financial statements, and the owner handed us a three-ring binder containing monthly financials — meaning an income statement, balance sheet and cash-flow projections. Related: Income Statement Each three-page statement was neatly stapled ...

Read More »

The Pros and Cons of Incorporating in Delaware…

When you are ready to incorporate your business, you’ll need to select a state of incorporation. You may have noticed that many companies are incorporated in Delaware — far more than are physically headquartered there. In fact, more than half of all publicly traded and Fortune 500 companies have incorporated ...

Read More »