December, 2016
How to Turn Your Hobby into a Profitable Business Venture
Do you have a life skill that you’re currently only using in your free time? Though you may assume it’s only suitable as a hobby, there’s a chance you can monetize it and turn your talent into a money-making business venture. That’s if you know what you’re doing, of course. How to monetize your hobby Hobbies that could potentially be [...]
Career Choices are Hard But This Is How You Make Them Easier
I’m just sitting here watching the wheels go round and round,I really love to watch them roll.No longer riding on the merry-go-round,I just had to let it go. – John Lennon, Watching the Wheels For some, the holidays are a time of reflection. For others, it’s a great excuse to chill out and party. I like to do a little of [...]
Pay Yourself: Why Founders Should Set Aside Profits Every Month
As the owner of a startup or growing business, it’s tempting to reinvest every dollar of profit back into your business. Many founders take the extreme path of paying themselves nothing until that magical future day when investors are repaid, the business runs in the black and they feel they have enough of a financial cushion to take a [...]
Connected Cars and the Internet of Things Drive Automakers to Invest in Digital Modernization
Syntel CEO Says Tomorrow’s Smarter, Connected Auto Industry Requires Investments Today The automotive industry is being shaken up by technology advancements which are impacting the future of the business. A PwC study revealed that electronics systems today contribute to more than 90 percent of innovations and new features in modern [...]
Launch a Consulting Practice
Copyright: michaeljung / 123RF Stock Photo Start a Service Business Using Your Professional Skills and Talents Are you cut out to be a consultant? Consulting to businesses and organizations can result in higher earnings than working as an employee, provide you with needed income if you are laid off, and allow you to work from home. But [...]
5 Marketing Essentials for Your Business to Appeal to Millennials
With $200 billion in direct purchasing power and over $500 billion in indirect, targeting the millennials could be the right move to capture more market for your business. Away from the often misrepresented generation, the millennials are now being recognized as the consumers that will drive business growth for marketers. This shift in [...]
A Less “Taxing” New Year
Ten Things You Can Do by December 31st to Cut Your 2016 Tax Bill The holiday season is in full swing, and you’re probably in a last-minute-gift-buying, party-planning frenzy right now. The last thing on your mind? Taxes. For most people, sparing a thought for the upcoming tax season is the ultimate “bah humbug.” But [...]
Scaling Smoothly: Find Out if Your Business Is Ready to Scale
The growth of the U.S ecommerce market has continued unabated over the last 5 years. The U.S Commerce Department says online retails sales in 2011 totaled $194 billion, but this number has grown to $341.7 billion in 2015. A U.S. Cross-Channel Retail Forecast covering the year 2015 to 2020 expects ecommerce sales to grow at an average [...]
Want to Open a Coffee Shop? Keep These Owners' Tips in Mind.
This story appears in the December 2016 issue of Entrepreneur. Subscribe » The retail value of the U.S. coffee market is alluring-around $48 billion. But at $3 a cup, cashing in on our collective caffeine addiction isn’t always a given. Savvy experts share what they’ve learned. Photo courtesy of Ben Lehman (far [...]
