Small Business Advice

Starting a Business in Your 40s? How to Choose the Right Legal Entity

b corporation, entity formation, Entrepreneurship, incorporating, incorporating a business, Legal, LLC, nonprofit corporation, Small Business Advice, Starting A Business /

Have you heard that the forties are the new twenties for entrepreneurs? The American Economic Review from the American Economic Association reveals that while observers believe younger individuals are likely to start successful new ventures, new data is revealing the contrary to be true. Today’s most successful entrepreneurs are actually middle aged. The average age of […]

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Small Business Optimism Is Growing—Here’s How Your Business Can Contribute | Company Profile

Business Planning, Capital One Small Business Growth Index, Small Business Advice, small business optimism /

The future of small business, even with concerns about a recession, remains bright for entrepreneurs. In Capital One’s latest Small Business Growth Index (Fall 2019), 64% of business owners surveyed say that their current business conditions are good or excellent. Additionally, compared to six months ago, small business optimism increased five percentage points, and recession

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How to Evaluate and Choose the Right Invoice Factoring Company for Your Small Business

Accounting & Budgeting, accounts receivable financing, Financing & Credit, invoice factoring, Small Business Advice, small business cash flow, small business funding /

By Grey Idol A strong economy drives small business growth–we all know that. However, with a rise in new businesses, we also see an increase in the number of companies turning to factoring. Why? Because growing businesses need ready access to capital and factoring has proven to be a quick and easy way for businesses

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10 Amazing Tips to Success from Mike Lindell, the My Pillow Guy

Small Business Advice /

You might recognize Mike Lindell as the inventor of MyPillow, the popular pillow brand that manufactures quality products in America. Lindell has actually run multiple businesses throughout his entrepreneurial journey. He’s also dealt with various issues ranging from addiction to faith throughout his experience. Through all of those ups and downs, Lindell has learned many

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10 Essential Things Every Small Business Owner Should Do Before the End of the Year

Accounting & Budgeting, Business Planning, business prep, new year, Operations, Small Business Advice, year-end prep /

It’s hard to believe that 2018 is coming to a close! Many small business owners are already thoroughly immersed in Q4 prep; however, it is always possible they could accidentally forget to include something important on their to-do list. One forgotten item from the agenda could set your business back, or even have the potential

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14 Smart Holiday Marketing Strategies for Service-Based Businesses

Small Business Advice /

The holiday season is fast approaching, as is the opportunity to significantly increase your revenue before year-end. Product-based businesses often enjoy a boost in sales as consumers look for physical holiday gifts, but service businesses can take advantage of this time of year with the right marketing strategies. To find out how, we asked Young Entrepreneur Council members the following question: “As the holidays near, what is the

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