The problem of money looms over every business venture, especially in its infancy. Asking for money is about as much fun as getting a tooth pulled for most people. The question of how much money to start a business is not an easy one to answer and it’s obviously different for each enterprise. Here are some clear principles to follow that will help make your particular answer a little clearer. Milestones Setting achievable benchmarks that you can reach one at a time is more than just good … [Read More...]
At SBDPro, we take pride in helping entrepreneurs run their small businesses. Whether it's real estate, finance, legal, insurance, or any other organization, we're here to help you achieve your business goals.
As a part of that pursuit, we've dedicated our blog site to answering your questions and providing tips for managing your small business. Are you home-based? We've got expert advice for your niche. Do you need help with marketing yourself? There's a category for that. Would you like to learn more about outsourcing? We've got that covered, too!
Often, running a small business can make you feel like you're on an island. Not everyone understands the pressure and circumstances of your passion—but we do! Stay up to date with your field of work and learn new tricks with our ever-growing blog. Let's take this entrepreneurial journey together.
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3 Tips for How to Retain Employees in Small Business
Once a small business is up and running, holding on to key employees may be the biggest challenge to its continued growth. Smaller enterprises can’t compete with larger firms when it comes to salary and benefits. The talent you have on hand will realistically have other options. You’ll have to exercise some creativity and prudence to compete. Here are 3 tips for how to retain employees in a small business. Tip #1: Get it right upfront Do your homework when making a hire. Don’t just settle for … [Read More...]
4 Basic Principles for Managing Freelancers
Knowing how to manage freelancers is becoming increasingly essential in a changing economy. Using freelance help offers businesses a way to augment their talent base without taking on the administrative costs of new W-9 employees. Freelance contracts offer a way to test out new talent before offering a full-time position with benefits. On the demand side, more and more workers are simply choosing to go freelance on their own and gain more independence over their careers. Here are some important … [Read More...]
4 Tools for Working Remotely Everyone Must Have
A good portion of the global workforce has had to get used to working from home during the COVID-19 quarantine. Even as economies around the world re-open for business, it’s unlikely that a lot of companies will rush everyone back into the office. It’s more likely that both staff and managers have found that work can still get done from home and that it could be advantageous—for reasons of public health and employee satisfaction—to do more work from home. Here are 4 indispensable tools for … [Read More...]
COVID-19 Email Marketing: How to Make Good Decisions
Making the right decisions on email marketing is never easy but the outbreak of the coronavirus and subsequent quarantine makes the waters even trickier to navigate. How much is too much? What do you say? Is selling your service at all even appropriate? Here are a few tips for handling COVID-19 email marketing. Turn off your automated emails. A local restaurant learned this the hard way when they forgot to turn off their automation and subscribers got an email inviting people to come on in. To … [Read More...]
Paying Yourself as a Business Owner—How Much & How Often?
You’ve gone through the creative process of coming up with your own business idea that you’re passionate about. You’ve taken the risk of stepping out and making the business a reality. Now there’s just one little problem—how do you go about paying yourself as a business owner? Everything from the amount you should make to the administrative mechanisms for delivering it is up in the air. The first decision you have to make is how much you’ll get paid. Most entrepreneurs accept the fact that the … [Read More...]
Avoid These Common Legal Issues for Small Businesses
Running your own enterprise is a mammoth task; it’s both incredibly fulfilling and sometimes impossibly challenging. The result is that it can be easy to overlook important details, especially in the early stages of operations. Here are some common legal issues for businesses that preparation can help you steer clear from: Lacking the right help Don’t think that a company lawyer is a luxury for a large firm. You might not have an in-house attorney, but you need to have someone on hand that you … [Read More...]
The 3 Home-Based Business Tips Everyone Should Know
Being an entrepreneur is a dream for a lot of people; for many, it will be feasible to run their businesses right out of their homes. Why not? It saves a lot of money on overhead and can—if done correctly—provide a big boost to your quality of life. Here are some home-based business tips you can follow to make sure choosing this path works for you. Tip #1: Know thyself. Get honest with yourself about your work habits and whether or not you need the structure of an actual business environment. … [Read More...]
Need Good Counsel? Here’s Why a Lawyer for a Business Startup Matters
You’ve embraced the opportunity that entrepreneurship presents and are off and running with your own business venture. If you didn’t know it already, you’re probably quickly figuring out that costs seem to escalate in the early stages of a business. There’s a temptation to trim a few dollars wherever possible. In general, that’s a good and frugal idea, but not when it comes to getting good legal counsel. There are several reasons why entrepreneurs need a good lawyer for their business … [Read More...]
Start 2020 Off Right: How to Organize Your Business for Success With 3-Ring Binders
Organizing your life can be a huge endeavor, especially when you’re trying to run and manage a business. For starters, true organization is more than simply making your paperwork neater and removing the clutter from your work space. What better time to resolve to get your business more organized than as we embark on a new year (and a new decade)! To see the best results, you should plan to integrate an organizational system that will not only keep you organized for years to come, but will also … [Read More...]