As a freelancer I can tell you that there are a lot of great benefits to being your own boss. You can set your own prices and work as much or as little as you want. There’s also nobody else looking over your shoulder or telling you what to do. There are drawbacks too, of […]
Having your own business is not without risks. First of all, you are risking your own, or someone else’s, startup capital. And if the business should go under, much, if not all, of that initial investment would be gone. But of course, there are also other risks to consider. For example, what would happen if […]
If you are self-employed with no other employees, there’s nobody else to blame for business failures but yourself. However, if you hire contractors, things can sometimes get tricky For one thing, you relinquish some control of your schedule. Projects you are working on that depend partly on them must be put on hold if they […]
There are lots of responsibilities that come along with running a business. One of those is sending invoices to customers for products or services rendered. But if you’ve been sending invoices and not getting paid, you need to find out why in a hurry. After all, without money coming in, your company or employer probably […]
Most people quite literally live by a clock. We eat, sleep, work, and play according to the passage of time. Clocks tell us when to get up in the morning and what time to get to work or school. Our awareness of time starts at a young age. Parents put their toddlers in time out […]
When you’re running a business, keeping costs as low as possible is important. It helps you maintain a healthy profit margin and keep prices reasonable for your customers so they remain loyal. To that end, you must constantly keep a close eye on business costs. If opportunities arise that might lower them, you’ll probably check […]
There are lots of reasons to take on a side hustle. I had more than one a few years ago while I was deep in debt. You might need one for the same motives as me. But another reason for a side hustle is to save for a new car or to go back to […]
There comes a point in most everyone’s life when it’s time to call it quits and retire. If you work for a business, giving notice may be as simple as a resignation letter. If, on the other hand, you own the business, making an exit can be a little more difficult. You must decide if […]
The internet is a wonderful tool to find out all kinds of information. Almost any topic imaginable can be looked up and researched. But that doesn’t mean everything on the internet is true. There’s lots of bad advice out there. There’s bad information on topics from raising kids to home improvement and everything in between. […]
Many people dream of having their own business. Not everyone gets to realize that dream, of course. However, for those that do, there inevitably comes a time when they must give it up. It could be that they pass it on to someone else, such as a relative. Another alternative is to simply close up […]