If you’re in a client slump, have no fear. Instead of panicking, put your thinking cap on. There are ways to increase your client load to boost your income. In this post, we run through a few ways to beef up your workload so you can earn more money: Start With Your Current Email List […]
Have you ever walked into a store and got asked if you’d like to sign up for their credit card during check out? Some of us might politely decline, while others may apply and take them up on the offer. If you’d choose the latter, maybe it was because you liked the store’s products or […]
If the big business media outlets are right, every entrepreneur out there is working 17 hour days starting when they’re 16 years old. We live in a culture of hustle in the US. We’re surrounded by stories of super successful people who push themselves to the limit, and who put their work ahead of everything […]
Freelancing is an exciting business where you get unlimited flexibility and you can work from anywhere. You also get to choose your bosses and choose the amount of work that you take on. All of this good sometimes can come with a bit of bad if you don’t stand up for yourself when freelancing. As […]
Last time I checked, there are more than 57 million freelancers/small business owners in the U.S. alone. It’s anticipated that by 2027 50.9 percent of the U.S. population will be freelancing. Suffice to say — it’s more important than ever to start separating yourself from the the rest of your fellow business owners. How do […]
“Keep at it.” “Stick through it.” “Stay the course.” These are all likely pieces of advice that you’ve told yourself or heard from someone else while freelancing and running your own business. News flash: It’s okay to be a quitter. The usual piece of advice is that you can achieve anything as long as you […]
When businesses become overleveraged, bad things happen. When businesses are able to maintain financial flexibility, they’re far more likely to enjoy long-term success. Where does your business land on this spectrum? And what does it look like to move from overleveraged to flexible? What Does it Mean to be Financially Flexible? Every CFO and finance […]
Once your business is established, doing PR is a must. Most companies hire an agency to do their PR and get them interviews, media mentions and promote company news. If you have a smaller business or have dedicated your budget to other marketing expenses, it’s understandable why you may not want to spend money on […]
A wantrepreneur is someone who wants to be an entrepreneur, but they never quite get around to it. They have an idea (or ideas) and they are mesmerized by the thought of doing something innovative. Yet, there’s a lot more thinking than actually doing. Does this sound like you? If you’re stuck in a slump […]
Webinars are all the rage these days, and now I know why. Recently, I participated in a webinar with a friend to share my Pinterest strategies. The webinar went really well and I was able to make some sales on a Pinterest training I produced. Here’s what I learned from the process to help you […]
Starting your own business has never been easier given the availability of investors and the interest of so many in the startup space to help create the next "big thing" or to be behind a disruptive product or service that really shakes up the marketplace. However, when it comes to the actual work involved in tackling all aspects of a business, including its functions like sales and marketing, accounting and finance, human resources, information technology and more, it becomes considerably more challenging for a small business owner or founder.
With statistics that show up to 90% of new businesses failing soon after launch, it's critical to know how each of the functions pertaining to running a business, can work the most efficiently, including how to budget appropriately to sustain your business through all types of economic cycles. However, so many business owners admit that they do not have much knowledge and very little experience about most aspects of running a business and they tend to "wing it" and figure it out as they go. The problem is that this approach to running a business is the very reason why so many fail.
A better strategy is to invest time, energy and effort in a continual learning process that helps build knowledge and skills across all aspects of your business. Even if you do not handle all these functions yourself but have team members or outsourced talent for some of the more technical roles, it is still good to familiarize yourself with the issues. Knowing and understanding trends, technology and opportunities that impact all functions of your business will help you to better shape your business decisions. Additionally, this strategy of ongoing learning can help you identify those areas in your business that could benefit from additional technology or tools that add efficiency and help you maximize the time spent on many non-revenue tasks.
We have dedicated a category of our Due.com blog posts to providing business tips to help you enhance your working knowledge and skills across all aspects of your business and help you make more informed decisions that will speed growth, revenues, brand reputation and profitability. These business tips include such topics as:
- Marketing strategies, including social media platforms, creativity and messaging, content marketing strategies, branding and how to promote your company online.
- Financial planning, such as emergency funds, retirement accounts, budgets, invoicing, how to handle clients that haven't paid, why you should accept credit cards and how to finance business expansion.
- HR issues like whether to hire employees or freelancers, training, motivation to retain talent, how to find a business partner, where to find outsource talent and tax issues related to employees and freelancers.
- Productivity tips like how to manage your time, tools that maximize what you can get done, and how to effectively manage a project.
- Mindset strategies, including whether you are a freelancer or an entrepreneur, how quickly to expand your business, and how to build a business around your lifestyle.
These are just some of the dozens of articles now available in this subject category that are designed to help you get the most out of your business for the investment of time and money that you have put into it. Not only will you learn more about how an efficient, successful business works, but you will also be able to create a more effective strategy to ensure your business doesn't become just another unwanted statistic. We want to help you succeed.