Category: Startup
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Buying a Franchise vs Starting a Business
Should you buy a franchise or start an independent business? There are pros and cons of being a franchisee and being a company owner. One major benefit of investing on franchised businesses is the support. But that benefit come at a high upfront fee. The cost of owning a Subway, 7-Eleven, McDonald’s or Dunkin Donuts…
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How to Motivate Your Employees to Work
A highly motivated staff is a very productive workforce. In today’s business world, every employee wants to be noticed and acknowledged for their performance to feel relevant. This is the time when an employer have to replace their ‘boss hat’ with a ‘leader hat’ and eliminate the things that discourage worker motivation and do things…
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6 Money Mistakes that Small Businesses Make
Everybody can make mistake and commit an error, but when it comes to small business, even a minor oversights could be costly over the long run. And since most startups lack experience, a lot of them have serious miscalculation that leads to bad decisions. Here are the six money mistakes that small businesses usually make…
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What Type of Entrepreneur are You?
Entrepreneurs are hands-on business owners that come in all shapes and sizes. And there are different ways to experience entrepreneurship. Discovering what type of entrepreneur are you, you can take advantage of the things you’re good at and prevent costly mistakes. Follow flowchart below and find out what kind of business person are you. See…
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10 Awesome Virtual Reality Startups to Watch Out For
Oculus isn’t the only tech company that became commercially successful in the virtual reality industry. Indeed, the Rift headset may have started the VR revolution and eventually acquired by Facebook for an amazing 2 billion dollars, but in its entirety, many virtual reality and augmented reality startups are rapidly growing in the current market. From…
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50 Features Every Small Business Website Must Have
Bazar Shop is a popular multipurpose WooCommerce theme made by YiThemes.
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Understanding Section 179: Tax Deduction for Small Business
The IRS Section 179 is a tax incentive by the US government to help small businesses. This tax rule let business owners deduct the entire cost of their business equipment during the tax year, as opposed to expensing the cost over many years thru depreciation. If you want to understand more about this tax deduction,…
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Top 20 Reasons Why Startups Fail
Many small business are started by well-intentioned but unprepared entrepreneurs. Each year, a huge numbers of aspiring businessmen and women rush unknowingly into launching their company based solely on their passion. According to various sources, the failure rate for venture-backed startups is around 90% and half of those are new businesses that fail terribly within…
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Women Mean Business
Even as the global economic progress slowed down, women-owned businesses continued to flourish. New research shows that there are 500 women-owned companies are launched every single day in the US. And 1 in 5 American firms with earnings more than $1 million are owned by women. See also the Do’s and Don’ts of Women’s Business…