One of the key causes of failure of online businesses in their first year is the lack of focus by the owner. There are literally so many things to do in the day that it’s hard to decide which one of the mile-long list is the best task to tackle first. Moreover, there are so
It is well documented that many people fail to achieve their goals in life due to the phenomenon known as “fear of failure” but are you aware that a major factor that is often overlooked, is a state known as “fear of success”? Fear of failure will lead many people into inertia – the inability
Would you like to make money by starting your own home-based business? People choose to work from home for several reasons including the desire to stay home with their children, the need for extra income, or simply being dissatisfied with their current job. A home-based business will provide you with an exciting way to make
Find Hidden Money in Your Business You Didn’t Know You Had – 14 Ways to Cut Down on Business Expenses
Is money tight right now for your business? You can get a sudden burst of cash by offering a flash sale or other promotion, but first take a good look at your regular business operations. There are probably some places you could tighten up and save. It’s like finding money you didn’t know you had.
We all know the experience of going to a fast food joint for a sandwich, only to come out with the sandwich plus an order of fries and an extra-large drink we didn’t want or need. How do they get you to do that? This is a classic example of bundling, where you offer several
Dedicate a Workspace Designate a specific area in your house for work. This will make it easier to stay focused and separate your work life from your home life. Find a spot that offers as much privacy as possible. Create a Comfortable Environment The right equipment goes a long way. This includes having a computer
The balance sheet is important to business operations in general. It provides a snapshot of what the company owns and what they owe to outside sources. The balance sheet is also known as a profit and loss account. By either name, this special form of financial statement provides great insight into an organization’s holdings. Breaking