Customers and clients are at the backbone of any small business. No matter how worthy your products/services are, a business can’t succeed if no one’s buying your goods. But once you’ve established your customer base, the next question becomes how to retain them and get them to refer your business to friends. That’s why how you thank your customers is so important. Continue reading
Many of your customers delay payment on their invoices for 30, 60 or even 90 days – putting a strain on your business’s ability to meet its own financial obligations. Factoring and asset-based lending (ABL) are two solutions that can help you quickly replenish your cash flow. Continue reading
When you think of small business, you probably don’t think of environmental industries. Environmental protection, monitoring, and compliance all seem covered by the government. After all, they have an agency dedicated solely to the protection of the environment. However, the general movement towards environmental consciousness has created a demand for service, tech, and consulting businesses in the environmental industry. But what does it take to get started in this new industry? And is it healthy enough to support new businesses?
How do you start a business in the environmental industry?
Three out of four people who start their own business do so because they’re captivated by a vision. They want to be on their own, they want to be their own boss. Opportunity awaits! It’s exhilarating, being an entrepreneur; the ultimate rush.
But wait. What about that other one in four entrepreneurs, the ones who don’t start with a vision of opportunity? How do they get to be entrepreneurs without that drive?
A surprising number of people leap into entrepreneurship not because they want to, but because they have to. They’re driven not by an inner vision, but by circumstance.
As of mid-2104, after years of economic recovery, there are still two seekers for every job opening. That’s not counting part-timer employees who seek full-time work, overqualified workers (like college grads forced to flip burgers), and other people hankering to move up from low-wage jobs.
There’s a remarkable variety of “accidental entrepreneurs” out there. Their ages span half a century, from teens to retired folks. They all have one thing in common: they need to earn, and can’t find a good job.
Take a look around and you’ll see how ordinary folks respond to adverse circumstances by pulling their own bootstraps — and lifting themselves up to new, more exciting possibilities.
Fraud has become a major concern for many businesses all over the world. Scammers have made millions of dollars by simply stealing information such as credit card numbers, passwords and banking details from companies. Business and consumers engaging in online transactions are especially at risk when it comes to fraud and identity theft. It’s so important for businesses to take measures to lower their chances of falling victim to scammers. Business fraud prevention doesn’t have to be huge, scary ordeal. Continue reading
A company credit rating works in much the same way as an individual credit rating. So it provides information on how your company has handled its finances in the past with the aim of offering an insight into how it and you are likely to manage money in the future.
A company credit rating isn’t designed to be absolutely definitive or unchanging but it is important to have it in mind as an organisation of any size because its impact and relevance can be wide-reaching. Continue reading
MyCorporation has spent the last fifteen years working tirelessly to help entrepreneurs realize their dreams and start their own businesses. Our mission has always been to make the lives of small business owners just a little bit easier. And it is with that mission in mind that we are proud to announce our new partnership with Paycheck Accounting Online℠!
Since its founding in 1971, Paychex has been a proven leader in payroll outsourcing, and today Paychex helps over half-a-million businesses to easily monitor and handle payroll, benefits, and human resources.
And now MyCorporation customers can start using Paychex for only $4.99/month for the first 3 months, with the rate increasing to a mere $19/month after that. All you have to do is sign up through this page and complete your business profile, and Paychex will start helping you handle your payroll, allowing you to focus on what you do best – running your business.
We are really excited for this partnership, and know our clients will love working with Paychex.
Lead generation can be one of the most frustrating parts of having a business. Finding the key to what gets people to click on your site, or visit your storefront, is a feat not easily mastered by any business owner. To help ease that frustration, and get the ball rolling, here are six solid ways to generate leads both online and offline: Continue reading
Recently, my business partner, Jeff, took on coaching a young girl’s soccer team. He has done a lot of coaching over the years and has won his fair share of titles, but this time it is different. This time he is faced with the challenge of coaching 12-year-old girls. This past weekend, the girls played a couple of games against a decent team and, unfortunately, they didn’t fare so well. After the game, Jeff mentioned they just didn’t seem to have the drive to go after the ball. He said at times it was almost like they were confused and he couldn’t immediately put his finger on what was going on. The girls had played well in the past, although this time they seemed to be “thinking” about playing, rather than trusting what they had learned to do so well, as part of their training. Continue reading
Every small business owner needs to make some sacrifices to start the business of their dreams. Luckily, as most entrepreneurs will tell you, the things that you give up often have a way of finding their way back to you once your business finds its groove.
From time, to money, to missing their own wedding party, these 45 small business experts let us in on what they had to give up to get where they are today. Continue reading