Starting the first business, whether big or small, is a significant milestone for any entrepreneur. You’ve spent months or even years creating your business plan, exhausted all of your options for funding, hyped your business up with friends and family, and now you’ve finally flipped the sign to ‘Open’ (whether literally or figuratively). You probably
If you’re thinking of starting a business but finding yourself intimidated by building a completely new brand from the ground, perhaps franchising is for you. Here are some reasons why franchising could be a smart and lucrative business opportunity when a pandemic and a recession. Historically, franchise businesses have more chances of succeeding. While there’s
The amount of waste in landfills continues to grow. The latest data from the U.S. Environmental Protection Agency (EPA) show approximately 146.1 million tons of municipal solid waste (MSW) end up in landfills as of 2018. It includes glass, paper and paperboard, metals, and plastics, among others. According to the agency, 24 percent of this waste is
So you’ve fallen down the rabbit hole of gardening during the pandemic. Now you’re thinking of turning your newfound hobby into a business opportunity – whether it’s as a gardening tools supplier or as a freelance gardener. But before you do that, be aware that there are many other things you should prepare yourself for.
Businesses of all sizes have had humble beginnings. Apple, for instance, started in a garage. Your garage is a great place to start a business, especially during a pandemic when you have to stay at home as much as possible for your safety. Since the garage is also removed from the rest of your home, locating
It’s near impossible to think of a business that doesn’t rely on vehicles to transport goods and move people. Large companies have fleets of hundreds or even thousands of vehicles spread across the country. Whatever industry you’re in, you probably have a unit or two in the garage. Without one, you wouldn’t be able to
The effects of the pandemic have been felt around the world, down to the last individual. For many, the upheaval has been particularly devastating in terms of financial stability. Millions of jobs have been lost, and businesses closed. What makes this scenario even more tragic is the fact that it was not inevitable or unforeseen.
Startups are always facing an uphill battle in gaining a foothold in the market. With hundreds of businesses competing for resources and customers, Many of these enterprises will need to put a good amount of time, money, and effort into their business growth. However, many circumstances can affect a business’s stability, especially one that has
One of the most convenient and easy ways to enjoy the outdoors is just by hanging in your very own backyard—and what better way to make the whole experience better than investing in a couple of outdoor features? However, it’s crucial to choose features that perfectly balance the budget, appeal, and used to add monetary
Entrepreneurs have a lot on their plate. From coming up with innovative ideas to bring to the market to managing the day-to-day operations of a business, entrepreneurs need to be aware of the decisions that they make. Here are a few reminders of what not to do to ensure a company’s success. 1. Don’t rely