You may be aware of crowd funding strategies used by charities to raise money for a school or a disaster relief project. However, crowd funding has interesting potential for a business...

If Elvis Presley had believed the Grand Ole Opry manager who fired him and advised him to stop singing, he would never have achieved his ultimate success. Your response to failure determines...

Most people are aware of the e-commerce craze in the business world. The Internet has reinvigorated entrepreneurs across the globe and even those who may not have in the past taken...

Tired of the same old sales meeting? If so, create engaging and productive sales meetings for salespeople and managers alike. Here, we provide ideas and tips to help managers develop...

Upon their success, great entrepreneurs often offer up some of the best books on entrepreneurship including tips on how they climbed to the top of the success ladder. Here, we’ve...

If you’re a small business owner or new to the entrepreneurial world, you will need to learn how to predict sales, cost of sales, expenses and revenues and then compare them to...

Do you believe that “college debt,” “entrepreneur” and “success” are mutually exclusive terms? Occupy Wall Street protesters and columnists would...

Who likes writing business plans? No one, really, because the content they must contain is vast and lengthy. Here, Bright Hub wants to make the whole process much easier for our...

Winter brings a genre of businesses specific to the season. What are some winter business ideas for the season? Ronda Levine explains how you can pick up some extra cash during...

As a business owner, when the end of year is near, I start to think about preparing New Year business goals. Every small business owner should take a look at successes, failures, and...

Most people are aware of the e-commerce craze in the business world. The Internet has reinvigorated entrepreneurs across the globe and even those who may not have in the past taken...

Do you believe that “college debt,” “entrepreneur” and “success” are mutually exclusive terms? Occupy Wall Street protesters and columnists would...

If you are an entrepreneur looking to use technology to get more out of your business, check out these ten awesome iPad apps.

When you decide to become an entrepreneur your life changes or at least it should. In order to become a successful entrepreneur it is important that you develop your entrepreneurial...

The Timmons Model of Entrepreneurship considers opportunities, teams, and resources as the three critical factors available to an entrepreneur and holds that success depends on the...

People use the terms "entrepreneur" and "entrepreneurship" interchangeably. The entrepreneur is the person who starts his own business. The exact definition of "entrepreneurship"...

Are you a risk-taker and a people magnet? Whether you are a budding or seasoned entrepreneur, there are common attributes of an entrepreneur including being innovative and media...

Looking for business partners can be an involving process, but it is worth taking the time to find the right person. Networking and using online resources is probably the most effective...

A storage business rent space for businesses or individuals to store their goods. There are about fifty thousand such storage facilities in the US, and the industry is still in its...

What are important intrapreneur skill sets? What is an intrapreneur? Just like entrepreneurs, intrapreneurs are dreamers who make their dreams come true...

Upon their success, great entrepreneurs often offer up some of the best books on entrepreneurship including tips on how they climbed to the top of the success ladder. Here, we’ve...

You’ve probably seen the commercials on TV or the ads on various websites about how Google has partnered with Intuit, the maker of Quickbooks and Turbo Tax, to offer free business...

While there are perks in turning your hobby into a business, it's not a surefire way to success. Much like thinking a vacation spot would be the perfect place to live, the reality...

The Small Business Administration estimates that in 2008 some 627,200 businesses threw open their doors for customers, while 595,600 closed. Customer management is an integral part...

Success comes easily to a lucky few. The rest of us need to work for it. And, reaching your goals is not a Herculean task. Be clear on your goals (one goal at a time). Know...

If you are looking for an easy and fast way to start accepting credit card payments from your customers, then PayPal may be the way to go. Learn the pros and cons of using PayPal so...

Whether you are meeting potential investors, interviewing for a job or mingling with business professionals, you want to be on top of your game. You certainly want to fully participate...

Almost every business owners needs employees and some are lucky enough to have a human resources department to help them recruit and hire. For those companies not versed on HR processes...

To improve your customer service, identify any internal issues and fix them first. Satisfied clients are your best source of repeat business. These happy customers spread the word about...

Starting your own business, or heading up someone else’s enterprise, presents a challenge no matter what size it is or what product or service will be sold. Here you will find...

Who likes writing business plans? No one, really, because the content they must contain is vast and lengthy. Here, Bright Hub wants to make the whole process much easier for our...

As a business owner, when the end of year is near, I start to think about preparing New Year business goals. Every small business owner should take a look at successes, failures, and...

How would it change your profit bottom line if your customers could make contactless payments? The easier it is for people to purchase from you, the more likely you are to become...

Planning to go global with your business? Take a look at these global business guidelines and checklist that will help you to think global and act local.

Candy store plans should be devised in a professional manner. The candy retail and candy gift basket business is extremely competitive, and without a financially and strategically sound...

A question that some students and practitioners of management have is, “What’s the difference between mission and vision statements?” While a mission statement...

A business proposal is a written offer from a seller to a prospective buyer in a formal and structured way. The basic structure of a business proposal includes the title page, executive...

A thrift store dealing in second hand goods is a time tested business opportunity. With people trying to reduce spending owing to inflationary pressures and an uncertain economic outlook...

Although performance based budgeting (PBB) is harder to enact than line-item budgeting, it provides a better picture of what is accomplished rather than what is spent. This...

Both budgeting and forecasting are financial projections. Looking at the differences between forecasting and budgeting, forecasting is broad in scope and part of strategic planning...

Interested in buying a business? If so, you’ll find everything you need to know including how to evaluate a business, perform due diligence, find funding and business partners...

If you are looking at selling your business, make sure to adopt the correct approach and sell for profit, security, and revenues. Prepare the business for sale by taking stock and preparing...

So you're ready to buy a business and become an entrepreneur! If you never heard of due diligence and how it relates to buing an existing business, you'll need to discover...

Selling an existing franchise is not the same as selling non-franchised businesses. Jean Scheid takes a look at how to sell your franchise, what you should know, and what issues you'll...

Did you know that the sale of your small business might be subject to tax? When a business changes ownership there are still some final steps the previous owners need to follow...

Learning how to run a pool business opens up the door to entrepreneurship for home business owners in states where backyard pools are common. Services range from basic maintenance and...

Many entrepreneurs consider closing a small business but don’t know where to begin. Beyond making sure all your vendors are paid, what else should you do when you’re closing...

Purchasing the assets of a business in bankruptcy can offer considerable value at significant discounts. This article explores the different types of bankruptcy sales and how to profit...

If you own a business and want to sell it, do you know the risks in seller financing? If not, find out some great tips that sellers need to know before they continue to be an investor...

Owning a real estate company can prove rewarding on a variety of levels. Helping families and businesses find the ideal home or facility provides a vital service that can result in...

There is some truth behind the adage "strength in numbers", but maybe it's time to create a new philosophy that there is "strength in unlikely numbers." Some pretty...

Everyone has heard about famous family businesses; names like Hilton, Trump and the Walton family (Walmart) are well-known across the world. But what about the not so well...

Venturing into a profit-making speculation requires a keen perception of the business potentials and an assimilation of the risks to be taken. Consider the relevance of this concept...

You don’t need big money to build a big business! Instead, what you need is a big idea. And the more strange or creative your idea, the more earning potential it has. We’re...

Yogi Berra! What’s a baseball player got to do with business? Maybe nothing directly, but his quotes often seem to hold business relevance. Not convinced? Keep reading...

Test your sales resistance and see how many of these famous advertising slogans you've managed to forget. If you score higher than you thought, don't beat yourself up. These...

All great inventions begin with a great idea. As you look around your office, do you know where all those gadgets came from and who invented them? Take this fun trivia quiz to show...

Entrepreneurial endeavors have created a rich history of overcoming adversity and setting the stage for a lot of modern developments we take for granted. Want to know more about how...

A common thread running through the lives of these digital business leaders is that most dropped out of school to chase their dreams. Did school bore them or did they fear their creative...

A study of the lives and habits of successful people motivates us to chase our own dreams and achieve our highest goals. We've gathered together a collection of the most unusual...

Cereal franchises across the world such as Kellogg’s, Quaker Oats, etc. manufacture a variety of breakfast cereal items such as corn flakes, flavored oats and even cereal bars...

Meal delivery franchise opportunities such as Domino's Pizza and Pizza Hut are hugely popular across various countries for their home delivery services that they provide for items...

Franchisers tout advertising, reputation, and support systems as reasons to sign up to their business model. However, for all the benefits a franchise agreement brings, it also poses...

There are many disadvantages to buying a franchise, including the initial cost, having to strictly adhere to corporate guidelines, and making ongoing royalty payments to the parent...

There are many advantages to buying a franchise, including working with an established brand and a using a proven business model.

Although new franchise opportunities become available all the time, some have more lasting potential than others. In this guide, we'll take a look at those industries that offer...

Looking around on our way to work or at lunch hour, it is almost impossible to avoid noticing the jammed drive-thrus and parking lots at fast food restaurants. The same can be said...

Franchising offers entrepreneurs the benefit of already established names, and for people who want to start a pet care business there are many great franchises out there. This guide...

Most franchise business are attractive especially if they come with some startup help from the franchisor. What are the obligations of franchise owners? What rules do franchises...

It can be expensive and risky to start a new business, but there are many franchises opportunities out there with low startup costs and the benefit of already established names.

You may be aware of crowd funding strategies used by charities to raise money for a school or a disaster relief project. However, crowd funding has interesting potential for a business...

Finding funding for your business is crucial, not only for getting started, but to ensure that a business has a chance to be successful. Without proper funding from the outset, businesses...

Killer confidence silences doubt. Your major objective is to entice the angel investor to buy into your product. Here, you'll find out how to stack the deck in your favor and entice...

For small businesses, the personal credit scores of the owners play an important part in obtaining loans - both secured and unsecured. We'll take a look at some major factors of...

Funding is indispensable for the commercial application of any invention. Few investors, however, have the financial resources to mass-produce or market their own inventions. The funding...

If trade credits are great, then why do businesses fail to meet their obligations? Credit arrangements are supposed to bring benefits to an entrepreneur; then something must...

Some of the biggest companies in the world could not have started without getting the funding for their business. Do you have a dream or business you think can become a success?...

This article discusses the advantages and disadvantages of borrowing against your home to fund a business venture.

When comparing angel investors vs. venture capitalists, both invest funds in businesses with substantial element of risk and uncertainty, expecting high returns. Although similar in...

In March of 2009, Google unveiled its latest undertaking: Google Ventures. Google Ventures is a Google-backed venture capital group that aims to invest in new and exciting start...

Getting the status right -- when hiring independent contractors versus employees -- makes a world of difference. With respect to business tax obligations, there can be far-reaching...

As a small business owner, health insurance is a costly proposition. When looking at the various small business health insurance options, owners find options either too costly or too...

Part of understanding small business management is understanding and knowing your workman's compensation rights and obligations. In most states, even if you employ one person, by...

Burnout can cause missed work, inability to concentrate, and the feeling that every problem that comes up is impossible to solve. Curing burnout is a long-term commitment to a healthy...

A startup company can be an exhilarating yet challenging place to work. When founders put their ideas into action, very often they need operational help to smooth out the initial bumpy...

Do you own a small business and have a sales team or office team? What about your entire staff? Aren’t they a team? From time to time you need to utilize business...

Small business owners can benefit immensely from understanding and employing common human resource trends and strategies for improving their workforce. This article discusses the top...

You’ve just opened that new business and it’s going pretty well and now you’re wondering if you should hire your spouse? There are pros and cons when hiring a...

Who are some of the most famous African American entrepreneurs? Beyond Oprah Winfrey, Tiger Woods, and Maya Angelou, who else makes the list and what have they done to stay there?...

If you need additional help around the office or have employees heading on vacation, it is a great idea to hire an intern to get the work done. Here are some tips for creating an internship...

Understanding payroll expenses and legalities can save you time, money and even criminal charges. When you have a business with employees, you have to always make sure you pay the required...

Business partnerships are lost in the world of letters. There are S and C Corporations and even LLCs. How well do you know the ins and outs of partnerships and the entity structures...

If you don't obtain business insurance, you may find yourself in a world of trouble. Sometimes your business lease will contain language requiring a particular kind of insurance...

Intellectual property is a hot buzz word right now, especially for Internet content. So - how well do you know your stuff? Take this quick quiz and find out your IP IQ.

This guide is to help you decide whether to choose to set up your business as a corporation, limited liability or other. Learn about the different methods of taxation, converting from...

Owning the rights to a single word sounds improbably at first, but think of all the famous brand names that are one word long. Words are, in fact, commonly registered as trademarks...

Have you kicked around an idea for a new venture and wondered what it would take to get the business up and running? Take this quiz to see if you understand the basic legal considerations...

The purpose of a patent is to protect your invention from intellectual property theft. Patents are necessary and work to keep your creation safe. So is a patent absolutely necessary?...

You've protected your product or brand with all of the protections afforded you, perhaps including a patent or copyright, along with a trademark (TM). There are a few things...

You know you need to protect your intellectual property. But how do you know what protection you need for the type of product you've created? Read this article and find out...

Tired of the same old sales meeting? If so, create engaging and productive sales meetings for salespeople and managers alike. Here, we provide ideas and tips to help managers develop...

If you think bad customer management won't hurt your business too much, better think again. Bank of America and Netflix just learned extremely expensive lessons about the dangers...

On November 1, 2011, coffee giant Starbucks partnered with the Opportunity Finance Network initiating the “Create Jobs for USA Program.” The idea looks good—on paper...

Looking for another way to promote your business with social media? Here, we'll walk you through the steps of setting up a Google+ brand page, and we'll give a few extra...

There may be times when a customer enters your business and you don’t have the exact product or service they need. What should you do when this happens? Should you offer your...

If you're tired of setting sales goals the corporate way every sales period, you have come to the right place. When you discover some exciting ways to set and track the progress...

Selling is the ultimate objective of any business or anyone working for any business, for no business can survive without selling what it produces and receiving cash in exchange. This...

Facebook ads are a new frontier in business advertising. Can they be used to bolster your new customer revenue, or are they a waste of ad budgeting?

Move your team from so-so to superior with the information in this must-have guide. It's written in plain English for managers of any skill level and full of practical, proven advice...

Branding is a way to increase your business potential, but it must be done properly. Your actions and words can severely affect your branding in either way: good or bad.

Winter brings a genre of businesses specific to the season. What are some winter business ideas for the season? Ronda Levine explains how you can pick up some extra cash during...

Entrepreneurs translate ideas to reality. This requires much effort and many processes. Rapid prototyping (RP) is a tool that allows lending physical shape to abstract ideas...

If you've been stricken by an idea you can't get out of your head, you may be wondering how it is that you can turn your business idea into an actual business. While it may...

Are you a real entrepreneur? Despite the challenged economy, entrepreneurship is on the rise. Self-introspection to discover whether you are a freelancer or an entrepreneur can...

Even if you don't have much cash in the bank, you can become your own boss. Learn money-saving tips; find out how to advertise for next to nothing, download free templates to...

Business start-up costs include licensing fees, inventory costs, and equipment costs. Before you start the business, even if you do not draft a business plan, you should outline the...

You may find opening a niche small business to be challenging because you must locate those who require your service or product. You need to reach out to a smaller population rather...

Setting up a limited liability company (LLC) is easier than setting up most other entities. In many states, you can register the company online instead of mailing the application...

In this guide to business startups, you'll find ideas, strategies, information and worksheets that will bring success if you wish to venture into the entrepreneurial world. We also...

The world of owning a franchise involves a lot of time and effort. How does any entrepreneur know if the franchise life is right for them? Fear not, because here, Bright Hub takes...

If you’re a small business owner or new to the entrepreneurial world, you will need to learn how to predict sales, cost of sales, expenses and revenues and then compare them to...

About half the states have joined a tax consortium in order to assess sales and use taxes on Internet and mail order purchases. Is there any real basis for such a move, or is this just...

How can your business thrive during a recession? Whether you are a seasoned business owner or a budding entrepreneur, there are several things you must do to run your company during...

Intellectual property is an important subject for entrepreneurs, whether they are using IP created by someone else or have intellectual property they have created themselves. Bright...

Sometimes moms prefer to stay at home with their children but are still interested in earning money to contribute to the household. There are several great business ideas for stay...

IRS Audit - these words are likely to strike fear into the hearts of the strongest people whether they are individual taxpayers or business owners. The question some business owners...

Those who are starting a business may wonder if the tax savings of an S Corp over a C Corp are more beneficial. In most cases, S Corporations are a more tax-beneficial setup because...

With many people and companies going paperless, it may seem that paper pay stubs are on their way out. But there are a few reasons why your company may need different kinds of pay stubs...

Are you creative and enjoy making gift baskets? Here are some keys for starting your own gift basket business.

If your business earns patent royalties, it would be essential for you to determine how to report a patent income on a tax return. The article discusses in detail the tax treatment...

If Elvis Presley had believed the Grand Ole Opry manager who fired him and advised him to stop singing, he would never have achieved his ultimate success. Your response to failure determines...

The recent boycotts of companies like Netflix and Bank of America reveal just the tip of the iceberg of consumer dissatisfaction with low quality products and services and little or...

If your entrepreneurial dream is about to end, and your business is in the closing phase or facing bankruptcy, what’s your next step? For most of us today, these fears are...

Inkjet printer manufacturers have a number of methods to encourage consumers to purchase OEM replacement cartridges. One such well advertised way is recycling ink cartridges back to...

For those business owners who haven’t heard of TED Talks, you can gain a lot by not only viewing them but creating your own. What are TED Talks? Are they a waste of time and...

Bill Gates is a Harvard University dropout; Steve Jobs bade farewell to Reed College after one semester. Both college dropouts became successful, wealthy and shapers of modern life...

President Obama is hopeful his American Jobs Act (AJA) will be voted into law to stimulate the U.S. Economy, create jobs and help small biz owners gain access to needed capital...

We've all heard the advice: Take on a regular 9 to 5 job if you're not financially stable, and wait to start your own business until you have enough money to do so. I'm...

Business owners can follow Netflix's decision to raise prices even if it angers customers. Why? Simply apologize for the increase and then change the name of your company!...

Failed entrepreneurs are common. Successful entrepreneurship is exceedingly rare. Why small businesses fail is usually easy to see for outsiders; yet the owner involved in the day...