Advice

Opening a bar of your own is profitable, rewarding, and enjoyable. As a business owner, you can expect to make good profits depending on the type of bar you start. Following is everything that you will need to know about how to become a bar owner. Why You Should Open a Bar There are some

A strong brand identity has the power to elevate and position a company in a way that can yield greater success. July 25, 2021 3 min read Opinions expressed by Entrepreneur contributors are their own. A strong brand identity has the power to elevate and position a company in a way that can yield greater success.

July 22, 2021 7 min read Opinions expressed by Entrepreneur contributors are their own. After a year and a half of quarantines, lockdowns, loss of loved ones and economic uncertainty, supporting the mental health of your team is a necessity. Fear, anxiety and stress can come at any time, but in light of all that happened in 2020, these

As a restaurant owner, a lot of factors come to play to ensure a great customer experience. Given the fact that good food, cleanliness and the accompanying quality service factor heavily but very often the restaurant’s layout is overlooked. Restaurant interior design can impact customers’ psychology to encourage them to come back, order more, and

July 19, 2021 5 min read While most people might know Zoe Saldana from starring in movies like Avatar or Guardians of the Galaxy, last week the actor took on the role as host of Facebook’s Boost with Facebook Good Ideas Festival. The virtual event aimed to help small businesses as they navigate the post-pandemic business world. The business world isn’t

Big companies aren’t the only ones who can benefit from publicity. July 18, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. Without publicity and reputation, a business cannot grow and thrive in its respective industry. There should be a steady stream of efficient marketing strategies to build an audience that equates

If you run a handmade products business, one of the best ways to grow your business is to offer customers new and innovative products. By taking online craft classes, you can not only create more products for your business, but learn new skills that can help you come up with craft ideas to sell. In

It’s no secret that the popularity of craft beers is on the rise. In fact, it’s something better described as an explosion in popularity. Hops have two purposes in beer production. Hops preserve beer and provide flavor. All craft beer brewers need to continuously order hops. As the number of craft beer drinkers continues its

Stick to your plan. Don’t bite at bitcoin. July 13, 2021 4 min read Opinions expressed by Entrepreneur contributors are their own. I launched my first business more than three decades ago. I launched my most recent business six months ago. I’ve invested in dozens since then, and I’m considering a few more right now. 

Digital marketing is a pivotal part of most modern business success. While it may be a powerful marketing tool, creating an effective digital marketing strategy can feel overwhelming. Here are a few ideas to help you pull together an effective strategy for your online marketing activities. 1. Assess and Strategize First Before you start spending

July 7, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. It’s no secret that the Covid-19 pandemic was especially hard on small businesses. More than half of U.S. small-business owners surveyed last October reported a significant decline in sales and over 200,000 businesses closed in 2020. Lately, optimism among small-business owners

If you’re feeling discouraged after a rough 2020, you’re not alone. But all is not lost in the business community. This year may actually offer some unique opportunities for small businesses to grow, market, or even get started. Here are some thoughts from members of the online small business community. Take Advantage of Opportunities in

Corporate giants can withstand tariffs more easily than small and medium-sized businesses. June 30, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. The U.S.-China trade war is taking a heavy toll on the nation’s small firms and indicates that small and medium-sized firms across the country have been severely affected by higher

New infrastructure and technology are changing how businesses operate. June 28, 2021 2 min read Opinions expressed by Entrepreneur contributors are their own. Covid-19 forced businesses to pivot quickly to keep customers and stay afloat. Many industry experts and small business owners say at least 4 changes are here to stay, reports Nerdwallet.  1. Creative

June 28, 2021 6 min read Opinions expressed by Entrepreneur contributors are their own. Creating a solid social-media strategy for small companies requires a lot of imagination and hard work. A small amount of planning goes a long way too. In the previous 10 years, the use of social media in the U.S. has grown from

I was an hiker at an early age with my dad. Every summer, we would climb the Appalachian Trail in New Hampshire. During these times, my father showed me non-quitting spirit. In the last four years, I have become a long distance road cyclist. These challenges have taught me a lot about myself and the

Why 200,000 additional small businesses closed in 2020. June 25, 2021 3 min read Opinions expressed by Entrepreneur contributors are their own. Many small businesses struggled to survive during the pandemic. Quite a few didn’t make it. According to information from the Federal Reserve, 200,000 small businesses closed in 2020 and about 130,000 of them were

With more and more people going online to learn new skills, it’s a great time to share knowledge with others and earn money. On Skillshare, you can monetize any number of skills. But what is Skillshare and how do you leverage it? Here’s all you need to know to get started as a Skillshare teacher.

June 21, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. Purchase-order financing provides access to funding for undercapitalized, small-to-medium-sized businesses that have high-growth opportunities. This type of financing allows these companies to fill orders that they otherwise wouldn’t be able to handle. In the world of manufacturing and distribution, cash flow is

Real estate agents represent buyers and sellers and help them navigate the real estate process. The U.S. real estate market is worth about $16 trillion. So there’s plenty of room for agents to make good money in the industry. If you’re interested, here’s a guide to help you get started. What is a Real Estate

June 16, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. After over year of pandemic living, recent statistics suggest we’re inching closer to a new normal. Vaccine doses are on the rise, travel is picking up and states are starting to reopen. Heck, even the Olympics are back.  Optimism is the current

June 15, 2021 7 min read Opinions expressed by Entrepreneur contributors are their own. Creating an eye-catching and representative logo can be a challenging task for any business. Logos can misrepresent a company’s brand and offerings when business owners don’t consider the overall picture while creating them. So, where are small businesses falling short? To start,

If you buy something through our links, we may earn money from our affiliate partners. Learn more. Selling your business may feel like an overwhelming challenge. You can do it by focusing on three main requirements: Determine the value of the business. Collect documentation that supports that value. Prepare a statement that explains the reason

June 10, 2021 6 min read Opinions expressed by Entrepreneur contributors are their own. One of the key issues I hear consistently from my small business clients, especially the ones whose customer acquisition strategies focus on the B2B customer segment, is how difficult it is to acquire customers because of their size. The rub for

“No thanks, I don’t need more customers,” said absolutely no small business owner ever. More customers means more revenue and more profits, so every business wants to drive more of them. But that can be easier said than done, especially in the middle of 2021. The last year and a half have been tough for

June 7, 2021 7 min read Opinions expressed by Entrepreneur contributors are their own. When running a small business, profitability is of utmost importance. Businesses that aren’t profitable can’t stay up and running without a constant influx of cash from a steady source. Continually burning cash is no way to do business. It might seem to

The US workforce is planning on spending an average $747 on work-related items as they return to the office. This statistic involving the spending habits of workers as physical workspaces reopen across the US, was unveiled by online lending marketplace, LendingTree. LendingTree’s Post-Pandemic Spending Survey commissioned Qualtrics to conduct a survey of the spending habit

June 2, 2021 8 min read If there’s one thing Amazon wants you to know heading into this year’s Prime Day, it’s that it is good for small businesses. In a press briefing on Tuesday, the company announced that Prime Day 2021 will occur over June 21-22, thereby ushering in this summer of renewed American

May 30, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. Unfortunately, there are no shortcuts when it comes to effective HR management. So, if you are an entrepreneur who plans to hire employees, do yourself a favor. Consider these five HR challenges in making sure you are compliant in all aspects of

May 29, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. When it comes to running a small business, you have to do much of the legwork yourself. For better or worse, you are the master of your fate, and the success of your organization lives and dies depending your ability to