This week, Nellie Akalp is talking about establishing yourself as a thought leader, how to get people to return your calls, and what freelancers need to know about liability. Enjoy!
Someone once told me that a true sign of a successful entrepreneur is the ability to know when it’s time to throw in the towel and move on. One failed business doesn’t define an entrepreneur. Plus, when one door closes, another usually opens.
Closing a business doesn’t just mean selling your assets and calling it a day. You’ve got to go through the requisite steps to ensure your business is legally closed and that you’ve properly wound up your business affairs. Otherwise, […]
If you are launching a business, you have probably heard the horror stories of business failure after business failure. Listen to some of the naysayers and you’ll start believing that 90% of new businesses are destined to fail. However, the reality is much brighter: according to the U.S. Bureau of Labor, 75% of new businesses survive the first year, 69% survive the first two years, and 50% make it to five years.
Granted, a 50-50 chance of surviving to year five may […]
For many people, working alone from home is a dream come true. There’s no commute to work. No downtown parking to pay for. No office drama.
But what happens when you’re an extrovert who thrives in an office community who is more productive when there are other people around?
If you’ve come up against obstacles when working alone from home due to your social nature, take these tips to heart.
Build Your (Virtual) Community
Just because you’re working from home doesn’t mean you have to work alone. If you have employees or freelancers that you work […]
If you’re at the start of your entrepreneurial journey, congratulations. You’ve got a lot of exciting times ahead of you, as well as a lot of lessons to learn. Let me help you get started on the right foot with some advice I’ve learned on my own path to small business ownership.
Our CEO, Nellie Akalp, has been busy sharing her advice with soon-to-be entrepreneurs! She's given tips on keeping a business compliant, boosting your bottom line, and incorporating for freelancers. Take a look:
As you grow your business, you will inevitably need to hire help. If you’ve never been an employer before, there are certain pitfalls you need to avoid that many business owners make. Here’s your guide to what not to do in hiring staff.
When you first start your business, whether you are set up as a sole proprietorship, partnership, a corporation, or a Limited Liability Company (LLC), you may take on all the work yourself. After all, you consider yourself a great multitasker, so why not do it all yourself? You’ll learn this lesson sooner than later, but I’d rather you do it now and save yourself a lot of headache later: you’ve got to delegate to be an effective entrepreneur. That means that from Day 1, you should have the right people on your team that will help you skyrocket to success.
Every season brings something different, and in addition to cooler weather, the fall brings you the opportunity to boost your staff without reducing your budget. Hiring an intern is a great way to take some of those mundane tasks off your list while possibly grooming your next employee.
When you get to a point in your business where you need help, you’ll probably come up against the question: what type of help should I hire? Factors like how much help you need, your budget, and the area of specialty you need assistance with will all factor into your decision.