Home: Authors: K. MacKillop
Start Here. Go Far.

Status: Member since October 18, 2009
Location: United States of America
Articles: 38 Active Articles, resulting in 4946 views
Feedback: 2 comments on these 38 articles

You have probably seen ads and read articles suggesting that there is a no-cost, no-effort way to start a business. Too good to be true? Absolutely. Any legitimate entrepreneur will tell you that the road to independence takes more than posting a website or buying in to a "proven" million-dollar scheme. And while there is no no-cost, no-effort route to business startup, developing an idea into a business is achievable for almost everyone--no matter how little money you have to start.
One start up decision that seems to cause entrepreneurs heartburn is whether to set up their accounting system on a cash basis or on an accrual basis. Although this sounds like secret accounting code, the implications are straightforward, and, for most businesses, the right method is easy to see.
The current economic downturn provides a unique opportunity to really examine the details of how your venture is running. Focusing on the three keys to business success, financial management, marketing, and planning, will enable your business to weather the downturn and emerge poised for success.
The role of employer can be a difficult one for entrepreneurs to embrace, however becoming an effective boss is critical for any entrepreneur with plans to grow a company. As a business owner you are thrown into the role of mediator of employee conflicts in your small business. Learning how to solve (and prevent) employee conflicts will be critical to your businesses growth and success.
Over two-thirds of new businesses fail within the first few years. Protect your business startup against these ten common startup mistakes and get on the road to a successful company.
As a business owner with plans to build a thriving company, it is important that you know and understand the details of each aspect, even if you elect to hire outside or in-house professionals to handle some of the workload.
Many potential entrepreneurs are drawn to MLM programs because they want to run their own business but don't have a business idea to pursue. Keep in mind that the best place to be in an MLM is at the top. Otherwise, you are better off developing your own business idea and building your own startup, guided by the three keys to business success -- planning, marketing, and financial management.
Three essential startup skills every entrepreneur needs are the ability to learn and apply new information, communication skills, and organization skills. Knowing the operations side of your business is only half the battle -- use these three critical skills to maximize the success of the business side of your company.
They say the only sure things in life are death and taxes. For small businesses, the adage should be if you don’t manage your taxes, they will be the death of your business! Failure to keep up with tax liability is a common pitfall for business owners, but there is no reason to fear the tax man.
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