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10 Things Every Small Business Needs To Do

Up and Running

If you are thinking of starting a small business, make sure you follow these ten important rules for small businesses: 1. The number one reason small businesses go bankrupt is lack of cash , not lack of profits. It was a business doing $20 million in revenue per year that had been around for 20 years.

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Saul Mishkin Reveals The Secret To Starting A Business As An Immigrant In America

The Startup Magazine

Saul Mishkin is a business developer that knows how to navigate multiple aspects of the business world. Unique Businesses In America. Immigrant businesses bring unique qualities to the United States. Immigrants often contribute twice as much to America’s entrepreneurship as those born in the United States.

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The Latest Questions Small Businesses Are Asking

Up and Running

Are there enough customers willing to buy your products, often enough, at a profitable price that your business can pay all expenses and provide a decent living wage to owners? If not, the business idea is not feasible. Look honestly at all the pros and cons for this type of business venture. Often this is not true.

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Should You Launch a Business in 2017? A Look at Economic Trends

Up and Running

You’ll have to make the final call yourself, but here are a few resources that lend some perspective on small business and startup funding trends that relate to the economic landscape. Small Business Borrowing Drops. Reuters recently reported that in small business borrowing dropped to a six-month low in April.

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How To Choose A Market For Your Startup Or Small Business

crowdSPRING Blog

I’m rarely surprised when a young entrepreneur or small business owner hasn’t fully identified how their new business will make money. But I’m always surprised when that entrepreneur or small business owner has a tough time describing the potential customers for their new business’s products and services.

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28 Entrepreneurs Explain The Future Trends They See in Their Industry

Hearpreneur

One piece of advice I can offer to small business owners in 2021 is to focus on employee happiness and overall mental health. 24- Personal finances awareness. Thanks to Josh Stomel, Turbo Finance ! #25- This will be a trend in the finance industry in 2021. I am working hard to communicate with my employees daily.

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29 Entrepreneurs Reveal the Pivots They’re Making in Their Business as a Result of Pandemic

Hearpreneur

My business pivoted quite well as a result of the pandemic. Although our in-person services were put on hold, our eCommerce products, including virtual services tripled in revenue. Due to that, we decided to widen our client base to increase our revenue. 19- Small businesses automation. 15- Rankings of sites.