The United States Small Business Administration (SBA) defines a small business as having these basic elements: is a profit endeavor; is based in the U.S.; is independently owned and operated; is not nationally dominant in its market industry; could be a sole proprietorship, partnership, corporation, or other similar structure. Small businesses are a positive influence…
Raise prices. A hike in prices may have the adverse effect of turning customers away, but if you’ve got the right niche and offer good quality services and products, you may be surprised how loyal your customers are. Target the niches with the greatest need for your services. A smart way for a small…
If you want a fast, secure, scalable Internet connection and a reliable service carrier for your business, there are several aspects you need to consider before entering into any agreement with a certain carrier. This will guarantee that you will get an optimal solution that meets your specific business needs. These aspects include, for instance,…
   Starting a small business can be difficult. There are some things you can do to make your life easier and your business more successful from the outset. These include writing a business plan, budgeting for expenses, sales forecasting, keeping great financial records, and hiring professionals. If you are in a service industry,…
Every business has a life cycle; it has a start-up phase, and then it grows (or shrinks) and then it eventually dies. Many businesses have short lives, which end only a few years after launching. The most successful businesses obviously enjoy long lives. To get your business to grow and keep growing, there are no…