Being a business owner means you wear several hats. With all your varied responsibilities, making business bloopers is something many of us do. After all, with all the plates we have spinning in the air, the likelihood of one or two falling is high. Though many business mistakes are common, they can be costly and…
Entrepreneurship
Five Smart Ways to Invest Profits from Your Mom-Owned Business
Congratulations! Your mom-owned business is generating profits! This means you are more successful than over 60% of businesses. However, now that you are making money, you face a new conundrum: what to do with the profits. Fortunately, you can find excellent suggestions below on where to invest your profits for optimal returns. Put money back…
Turning Visions into Ventures: Tips for Starting Your Business
Are You Really Ready To Start A Business With Your Partner?
If you and your partner are contemplating a joint business venture, it’s crucial to thoroughly assess several key factors before taking the plunge. It’s common for couples to feel ready to start a business when they might not be. Let’s examine what to consider in determining your readiness to start a business with your partner….
How To Raise Capital for Your Mom Business
One of the biggest challenges for a mompreneur is managing finances. Unless you have a bank vault full of cash — which is unlikely, given the expenses associated with raising children — you will usually need to raise some capital, either at the start of your business or when you’re looking to expand your operations….
Revitalizing Your Business: Strategies to Get Your Business Back on Track
Running a business is inherently challenging, and encountering periods where things seem off track is not uncommon. You may feel as though you’ve invested hours in your business’s growth, only to see few results. Recognizing that things aren’t as good as they could be is the first step towards regaining your footing, a task that…
Transforming Passion Into Nonprofit Success: 5 Key Steps To Found A Charity
If you’ve always been passionate about volunteering and charitable giving, but you are also ready to put your entrepreneurial skills to the test, this may be the best time to start a not-for-profit organization. The road ahead is certainly not free of challenges, and it may come with steep learning curves. However, setting up a charity…
Seven Strategies To Help Brands and Small Businesses Grow in a TikTok-Free Marketplace
The potential ban of TikTok could pose a challenge for brands and small businesses that rely heavily on the platform for marketing and engagement. However, this could also be an opportunity to explore diverse marketing strategies and platforms. Here are some tips and resources for growth in a TikTok-free environment. 1. Diversify Social Media Presence…
E-Commerce And You: Why It Should Be Your New Go-To As A Parent-Entrepreneur
Embarking on the e-commerce journey can seem a tad overwhelming. It’s like trying to assemble a 1000-piece puzzle with a toddler in tow. But focusing on your online storefront is not just a good move; it’s your secret weapon to increase your revenue while balancing motherhood. There are benefits such as time management, schedule flexibility,…
Debit vs. Credit Cards: What’s Best for Your Business?
Picture this scenario: You’ve just clinched a deal after months of negotiations, and it’s time to celebrate your hard work. As you reach for your wallet to pay for the team dinner, the decision between pulling out a debit or credit card seems trivial but is, in fact, a reflection of your business’s financial strategy….