In their book Start Your Own Business, the staff of Entrepreneur Media Inc. guides you through the critical steps to starting your business, then supports you in surviving the first three years as a business owner. In this edited excerpt, the authors discuss the basics of creating a projected budget for your first year in […]
Most people get an MBA with one goal: becoming an executive. After graduating from the University of Southern California in 1983, Israeli-American immigrant Adam Milstein decided to become a commercial real estate agent. He worked for several years until his manager gave him a suggestion that changed his life: He told Adam to approach Israeli […]
In their book Start Your Own Business, the staff of Entrepreneur Media Inc. guides you through the critical steps to starting your business, then supports you in surviving the first three years as a business owner. In this edited excerpt, the authors outline 10 important criteria you should evaluate when considering a location for your […]
Most of you will have a business plan for your startup, as this document acts as the blueprint and roadmap for your company. Whether it is to share with management to help with strategy or present to investors for funding, the business plan will provide the basis for future decisions. However, despite its importance, your […]
Running a startup is not all sunny days and clear skies. In fact, first-time founders and serial entrepreneurs alike will tell you, there are weeks and months of struggles, minimal hard-won successes, daunting lessons, crushing pressure, and financial instability involved in running a company. That’s why it takes a certain kind of person to believe […]
Well-chosen goals and objectives point a new business in the right direction and keep an established company on the right track. Just think about what football would be without end zones or what the Indianapolis 500 would be without a finish line. When establishing goals and objectives, try to involve everyone who will have the […]
When how to write a business plan is at the top of the SBA list of the ten steps in how to start a business, it tells you something about how important the experts consider it to be. Planning a business and writing a business plan is more than just having a location picked and […]
One of the most crucial roles you’ll play as an entrepreneur is the role of “decider.” Hopefully, one day you’ll rely on a team of advisors from individual departments within your organization to give you information and advise you of your options, but even in that context, the final decision will come down to you. […]
Please join us today in supporting America’s small business and entrepreneur community by participating in the sixth annual Small Business Saturday! Small Business Saturday plays a key role in driving customer traffic and growing revenue for our 28 million independent businesses during the important holiday retail season. Learn more
We already know that women business owners are driving the growth in small business, and that within that group, it’s women of color who are making the most progress. But slice the data slightly differently, and you’ll find an unexpected trend: The group of business owners who are really putting stakes in the ground are women […]
