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How Does Your Business Compare With Others?

Loknath Das, , , , , ,

Is your dental practice as profitable as the next one? Are you generating from your landscaping business as much money as the firm across town is? Business owners are busy; the latest U.S. Survey of Entrepreneurs from the Census Bureau found that nearly 1 in 5 owners of businesses with employees worked more than 60 hours a week. In addition to handling a crush of everyday operational challenges, owners are often obsessing over how to generate sales, build customer relationships or improve their product or service. At the same time, however, business…

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Tax Cuts, Lending Upticks Make Small Business Headlines

Loknath Das, , , , , , ,

Small businesses got some welcome news this week — in the form of President Donald Trump’s proposed tax cuts. In addition, a recent report suggests that small business loans at institutional lenders and small banks are on the rise. You can read about these news items and more in this week’s Small Business Trends news and information roundup. Finance Small Businesses Big Winners in Proposed Trump Tax Cuts Historic tax cuts for American small businesses could be just around the corner. In an announcement at the White House today, Treasury…

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President Trump Proclaims the Start of National Small Business Week 2017

Loknath Das, , , , , , , , , ,

National Small Business Week is here once again! The week started off as it has since the early 1960s, with a Presidential proclamation. This year, President Donald Trump heralded the beginning of National Small Business Week with the following statement: “During Small Business Week, we celebrate our Nation’s small business owners, whose entrepreneurship and hard work bring jobs and prosperity to our communities. Small business owners embody the American pioneering spirit and remind us that determination can turn aspiration into achievement. This week, we affirm our commitment to removing government…

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Business Therapy: Co-Owners Seek Help When They Can’t Agree

Loknath Das, , , , , , , ,

In this May 19, 2017, photo, Stephanie Shyu, co-founder of AdmitSee, poses for a picture, in San Francisco. Shyu says she and her business partner collaborated well three years earlier in forming AdmitSee, a San Francisco-based company that helps students apply for college and graduate school. As time went on, they had big differences about the company’s long-term strategy and how it should be managed. (AP Photo/Jeff Chiu) THE ASSOCIATED PRESS By JOYCE M. ROSENBERG, AP Business Writer NEW YORK (AP) — Partners can rub each other the wrong way,…

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The Simple 4-Step Method to Find Your Profitable Business Idea

Loknath Das, , , , , , , , ,

Editor’s note: this article is excerpted from Daniel DiPiazza’s recently released book Rich20Something: Ditch Your Average Job, Start An Epic Business, Score The Life You Want. If you’re reading this right now, there’s a good chance you want to start a business. Or you already have. And if so, you’re probably doing some agonizing about your business idea. No, I’m not a psychic, but I have spent an incredible amount of time during the past five years planning, strategizing, and growing my own company Rich20Something. So I know a thing or…

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How To Weather Any Business Storm

Loknath Das, , , , ,

Shutterstock How can you weather the ups and downs of your company? When things are going well, we often forget the low points. But as with anything in life, there are times of success and times of strife. So how do you keep a team level-headed when it comes to the rollercoaster world of business? Dr. Dave Hopson is a retired recon Marine and earned his PhD while studying under the great Peter Drucker. Currently, he’s the managing partner at Triumphus, which offers managing IT consulting services from startup to…

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