Startup costs are expenses for new businesses. Almost all new businesses will have at least a few expenses, such as legal entity registration (around $150), software, and marketing. Some businesses have costs that are not required but are helpful, such as business plan software ($20 per month), professional consultants, and a website ($20 monthly). Tips…
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How to Write a Business Plan in 9 Steps
Whether you’re just starting your business or are already established, a business plan can help you plot your future. Additionally, a business plan is an opportunity to show why and how your business will become a success. Learning how to write a business plan successfully requires planning ahead and conducting financial and market research. Here…
25 Oprah Winfrey Quotes on Hard Work, Success & Wealth
Oprah Winfrey is an American celebrity and philanthropist known for her talk show, “The Oprah Winfrey Show.” Winfrey, whose net worth is estimated at more than $2.5 billion, is one of the most sought-after celebrity speakers. These Oprah Winfrey quotes offer inspiration and may be able to help you and your business. Here are 25…
How to Become an Entrepreneur in 7 Steps
Shows like “Shark Tank” and “The Profit” have people asking how to become an entrepreneur. Your path toward entrepreneurship can look vastly different than someone else’s—your resources, skills, and dedication will determine how quickly you get there. You’ll need to decide what you want to do and who you want to serve. When starting a…
How to Start a Lawn Care Business
A lawn care business does basic grass maintenance like mowing, edging, weed eating, and blowing. Learning how to start a lawn care business starts with understanding costs that include equipment, business licenses, insurance, and depending on your state, a mowing license. You can pay yourself around $60,000 a year with a well-functioning lawn maintenance business….
Startup Terms to Know
Learning startup terms can prepare entrepreneurs for successfully opening their first business. For instance, knowing what a limited liability corporation (LLC) is and registering a business as one helps protect an owner’s personal assets from business debt. The startup terminology below is useful in conversation with employees, vendors, and lenders and when making business decisions….
How to Start an Online Business in 6 Steps: The Ultimate Guide
Learning how to start an online business requires a firm understanding of the tools and strategies that lead to phenomenal success. You can start a profitable business even as a beginner and it’s not as difficult as you might think. There are just six simple steps to starting an online business. If you want an…
How to Start A Vape Shop
A vape shop sells standard and customized e-cigarettes. It’s a regulated business, so it’s important to do research on your state and city’s regulatory rules before opening a vape shop. Depending on your location and build out, the cost to open a vape shop can be anywhere from $25,000 to $125,000. Every brick-and-mortar vape shop…
How to Make Money Online Without Paying Anything: 20 Ideas
If you want to learn how to make money online without paying anything, it’s best to explore several options to find the right solution for you. It’s possible to make significant money online using your skills and some strategically focused initiative. Below are 20 practical ideas for generating income online without any upfront investment. 1….
15 Simple Green Business Ideas for Beginners
Green businesses focus on adapting processes that make a positive impact on the environment. They apply strategies like recycling and using solar power to help preserve Earth’s resources. And because consumers prefer patronizing companies that support a good cause, we highly recommend green business ideas for beginners as first ventures. When you’re ready to move…
How to Start a Home Healthcare Business
A home healthcare business is when a caregiver or a licensed health professional like a nurse provides services in a home. Determining how to start a home healthcare business begins with deciding if you will open a nonmedical or medical business. Each provides different services and have different legal requirements. Every home healthcare business will…
20 Most Profitable Small Farm Ideas
Technological advancement has created more opportunities for farmers to develop a profitable business. Small farms (earning less than $50,000 annually or occupying less than 180 acres) are now considered potentially lucrative as both rural and urban business opportunities. Entrepreneurs should consider ideas like bee farms, rooftop gardens, and microgreens when choosing among profitable ventures. Here…