Thanks to the available vaccines, the end of nationwide lockdowns and travel restrictions could be on the horizon. But that does not erase the effects of the pandemic across the world, especially for businesses. Some businesses shut down, but other entrepreneurs embraced the situation and brought about new business ideas....
Few entrepreneurs pause to think about their startup's legal implications as long as the business is up and running. Sooner or later, they will be paying for such mistakes, either as individuals or the company itself. This year, ensure your business runs smoothly by avoiding the below common legal mistakes...
Cloud storage, which is off-site storage maintained by third-parties, has caught on over the last decade. It is not hard to see why many companies move their data storage to cloud-based, from the versatility to access data to the security. Here’s why you should join the bandwagon and move your...
2020 might have been a rough year for businesses, and your small business could still be taking time to recover. But to keep your small business going, you must understand your small business’s finances and manage every aspect of these finances. Among other reasons, lack of proper financial management is...
Once you have the idea for your startup and are ready to hit the road running, the next step will be registering the business. This causes a lot of challenges for entrepreneurs because there are several choices. But choosing between an LLC or a corporation is usually one of...
The E-commerce space is hitting record highs, even after the roof-shattering sale records sites like Amazon had at the onset of the Covid-19 pandemic. As more companies go digital and allow employees to work from home, easy access to e-commerce for various purchases is becoming a household favorite. Not only...
Getting funding for a startup, especially loan applications from financial institutions, is not usually straightforward. Many entrepreneurs have had banks close their doors on the, even when they believe they have done everything right with their loan application. So, what could have gone wrong? Why was your startup’s loan...
There are numerous successful businesses across the world that were started and are run by spouses. Others might be sole proprietorships, but behind the scenes, one of the spouses helps one way or the other. Yes, it is possible to start and run a business with your partner. But the...
Thanks to advancements in technology and more businesses being open to new ideas of a working environment, it is okay for a business to have a virtual presence. If anything is to go by, the 2020 financial year has brought about massive changes in the way businesses operate. Businesses might...
Starting a business is one thing, but running a business is entirely a different thing. Apart from requiring your absolute dedication and attention, the level of your skills in various business aspects goes a long way in ensuring your startup survives. If you are starting a business in 2021,...
One of the essential insurance covers for a tech business is cyber liability. Cyberattack is among the greatest risks for most, if not all, businesses. In the current business environment, where many companies are either contemplating letting their employees work from home on full time or a few days a...
Running a successful start-up requires a lot of marketing. While technology and social media might be taking the lead on all businesses' marketing avenues, offline marketing is not entirely dead. Marketing your small business, both online and offline gives you more success chances. Below are some of the offline...
New age might just refer to alternative approaches to the western culture, but it provides several avenues to entrepreneurship. When looking for business ideas, one is no longer stuck in the old school thought of business. With the new age belief that includes belief in physics, astrology, reincarnation, and...
While the number of female entrepreneurs has been low over the years, many countries are experiencing increased growth in female entrepreneurs. In fact, recent studies show that the number of startups that seek funding that have at least one female as a founder has improved. The number has risen...
Once you have crossed from the initial business idea phase and you need to set up shop, the next thing you face is financing. Yes, you can fund your business from your savings, if you have saved the money or business is not capital intensive. But even then, sourcing funds...
The world is always going digital. Nowadays, there seems to be a digital platform for almost every goods or service that companies offer, even the least expected ones. As more startups crop up globally, tech startups seem to be taking quite a significant share in the pie. Whichever industry your...
The Covid-19 pandemic might have turned the business world and our lives upside down, but it came with several lessons for businesses. Your business might not be performing that well during the pandemic, or it must be tough and unfortunate enough for the business to go down. You might...
Starting a business is one thing, but the minute you open up the doors for operations to start, you are opening yourself and your startup to many risks. The building could up in flames, burglars might make away with your assets, or your employees could sue you for whatever...
Starting a business during a pandemic might seem like the least successful venture to undertake. First, raising capital could be a problem. Second, finding the right customer base when everyone is trying to save the little they have could pose a problem. There is also the issue of whether...
The Covid-19 pandemic has had a tremendous economic impact not just on big corporations but start-ups as well. While it might be challenging to raise funds during these harsh economic times, it doesn’t mean no investors are willing to put their money where they believe the future is promising. For...
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