Entrepreneur Blog

New business owners sometimes operate in fear of the competition without really knowing anything about their competitors. To remain competitive, the first thing you need to do as a business owner is to study and learn from your business competition. Before you can do that, however, you need to identify your top competitors. How to…

Starting a business with one or more partners can be an excellent way to combine resources and draw on the different strengths that each partner brings to the venture. As with any relationship that involves human beings, however, you must be prepared for the potential of conflict with a business partner. It may be inevitable,…

The whole reason you started a business was to have greater control over your earning power. That’s why it can be so frustrating to see your profits disappear to cover a multitude of expenses. While it’s impossible not to incur small business expenses, following some of the tips below can prevent too much of your…

  Small business changed forever once the Internet came on the scene in the early 1990s. The inability to stay competitive with such online shopping giants as Amazon.com forced many small businesses with brick and mortar locations to close for good. While some have panicked and assumed this meant the end of mom-and-pop type stores,…

  Determining partnership profits in a business can be a huge source of strain, if not handled properly from the start. Before starting your business with one or more partners, make sure that you all agree on the structure of your business first. This can have a big impact of partnership profits as can the…

If you’re a small business owner who doesn’t pay attention to trends in payment methods, now is the time to start. With technology making new payment methods available to small businesses all the time, customers have come to have certain expectations. Your small business may lose customers to the competition if you cannot provide at…