Posts by Ebony M.

1. Build a sales funnel. The first way to quickly grow your business is by building a sales funnel. If you don’t have a sales funnel, you’re making a monumental mistake. Sales funnels can help to automate your business. It helps you to scale and grow quickly and easily. Sure, there’s some front-end work involved.…

Step 1: Do Your Homework Conduct a needs analysis Find out if organizations (nonprofit, for-profit, or government) are already doing the same or similar work in your community. It will be harder to get support if you are just duplicating existing services rather than improving or adding to them. Also find demographic or population data that…

Four steps to buy business insurance Assess your risks. Think about what kind of accidents, natural disasters, or lawsuits could damage your business. If you need help, the National Federation of Independent Businesses (NFIB) provides information for choosing insurance to help you assess your risks and to make sure you’ve insured every aspect of your business. Find a…

1. Choose a location If your business is flourishing now, that means you chose a good location the first time around. Use similar methods when planning for your second. Some business locations do better than others for a reason. It might be because your company is on a major road where more consumers can find…

Lack of Capital  Of the vast number of small businesses that fail each year, nearly half of the entrepreneurs state a lack of funding or working capital is to blame. In most instances, a business owner is intimately aware of how much money is needed to keep operations running on a day-to-day basis, including funding payroll, paying…

1. Research Expenses Prior to starting a business you need to conduct careful research of the industry and consumer makeup so that you can validate your business idea, make sure there’s a market, and know who your potential customers are going to be. While some business owners choose to hire market research firms, you can…

God has blessed many believers with entrepreneurial ideas that bring value to others and these ideas are supposed to bring profits too.  How many members in your congregation are entrepreneurs or business owners or aspire to be? It’s estimated that 27 million Americans will leave the traditional workforce in favor of full-time self-employment by 2020. …

The TCJA established a new deduction for some — but not all — pass-through entities, including partnerships, S corporations, sole proprietorships and limited liability companies. To qualify, a taxpayer with pass-through business income must make less than $315,000, if filing jointly, or less than $157,500 for all others. If you do qualify, you may be entitled…

– Achieving balance as a single parent: Know and write down (or type out)  all commitments to see them realistically. Gauge what can be minimized and what are your non-negotiables. For me I had to balance between being a single parent, working full-time, commuting 2-3 hours in traffic one way, child’s extracurricular activities (guitar lessons and football),…

The sba.gov website, for example, includes an article on security that addresses the computer security problem, as well as several related problems. The article, by Caron Beesley, a small business owner, writer, and marketing communications consultant, begins as follows [italics added]: “How secure are your small business assets from fraud, identity theft and cybercrime? According…