To maintain office productivity and gain a competitive edge, small businesses often invest in must-have new technology and top-rated office equipment. Home offices can benefit from tech optimization, too. The good news is that you can get many of the top office gadgets without breaking the bank. Looking for simple, fun office gadgets you can…
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How to Start a Vending Machine Business in 9 Steps
Vending machine businesses are a unique combination of product and service-based operations. They’ve stood the test of time and are marked by rapidly progressive and innovative technology. You will need to evaluate vending product options, location, investment and profit margins, and sales channels before you get started. Having a clear business plan and understanding the…
What Is a Business Philosophy + 19 Key Examples
A business philosophy is a set of guiding principles that a business strives towards to reach its ultimate goal. It encompasses the business’s values, grounding it through ups and downs. It should align with the brand’s personality, mission, and vision. It underscores the actions, decisions, and culture within the business. You want to make your…
210 Small Business Statistics for 2021
Understanding and interpreting small business data and statistics can be the key to breaking into the small business marketplace. We’ve compiled more than 210 small business statistics to help you make an informed decision around starting a small business. Keep in mind that most of the data collection in 2021 has been greatly impacted by…
10 SMART Goals Examples for Small Businesses (+ Free Template)
Utilizing the SMART goals methodology will help your company achieve its strategic objectives. SMART stands for specific, measurable, achievable, relevant, and time-bound goals. This strategy will focus your team members on the most important objectives for your business, which will help you in achieving them efficiently. We outlined some SMART goals examples you can use…
20 Vision Statement Examples to Help You Write Your Own (+ Worksheet)
A vision statement presents an inspirational vision of a company to guide growth, motivate employees, and connect with consumers. Aside from expressing its goals and aspirations, the vision statement also provides a framework for strategic planning. Ultimately, a vision statement answers the question: “Where do we want to go?” Articulating a powerful vision is one…
108 Best Business Ideas to Make Money
You may be dreaming of owning your own small business but don’t know where to start or what to choose to launch. We evaluated business ideas that anyone could realistically pursue with some training, experience, and startup capital. We also considered mostly low barrier, high-return businesses with low-cost and high-yield. Most of these business ideas…