Small Business Tips

Small business Idea “Small business idea: How to clean up your finances and keep your company in the black,” managing a business can be both rewarding and stressful. While keeping an eye on their small business finances might not be an owner’s top priority when first establishing their business, it should become ingrained into their daily routine. [...]

Starting a Business? A few things You Need to Know Starting a business? Here are a few tips to help you along the way. I've been in business now for 23 years. I've been very lucky because it's been estimated that up to 85% of new businesses fail within the first four years or less. Some studies state as high as 60% of new businesses fail within the first year. [...]

Are you a producer, singer, promoter, blogger, writer... whatever kind of black entrepreneur you are this information can help you. My name is Kevin Ross and for many years I was a DJ on several radio stations. Truth be told I was good at it but I hated it, I could not be myself and I saw a lot of dirty deals and many of my bosses were not in it for the love of the craft but they were crooks trying to make as much money illegally as they could. [...]

There are many things that set winners and losers apart in the small business game.  I'm sure you have heard the old saying... find your passion and the money will come. That's incredibly true and passion is FIRST. If you are in business ONLY to make money chances are you will fail miserably. You will not be dedicated to the creative end or quality service and it will be garbage in and garbage out. For the true black entrepreneur who wants to win... here are some tips.  (click "NEXT" to see each segment) 1. [...]

As always, here are some quick tips to build your business. These are things that we often overlook but could generate more revenue, of course, this is on top of providing great service. Not a lot of budget? Use services like Fiverr and Upwork. 1. Hire a young Social Media Whiz Kids are becoming marketing machines and they are better at it than expensive ad agencies because they don't rely on flawed research.....THEY LIVE THE LIFE. [...]

By Michael Glauser, Next Avenue Contributor The Silicon Valley approach for building companies has become the main strategy taught at many business schools. It goes like this: You create a prototype you can quickly test, preferably in the tech industry. You find a group of users and gain proof of concept. You raise capital and scale the business as rapidly as possible. You plan an exit strategy that may include going public or selling to an industry buyer. You shoot for a 10X return to investors. [...]

  Want to be a Successful Entrepreneur? Here are my BEST Lessons Learned After 25 Years in Business Being a black entrepreneur is extremely rewarding. Unfortunately, there are other aspects to it that are very challenging. When you're the boss, it is often difficult to have leverage or to have camaraderie with people that work for you. You have to maintain a level of authority. Most of the time, black entrepreneurs, surround themselves with other black entrepreneurs because they understand each other best. Working for yourself is and is not what people think. [...]

Over the last few months I have been doing many beta tests. Not only on my online business but the company that I keep through my business which is outrageously important for your personal growth. Not surprisingly, I have found that almost ALL of the people that I know/knew who have their own businesses are either not as advanced as I am in business. Most of them are struggling and out of about 50 there may be one or two who are at the same juncture as I am right now. [...]