A business mission is a short statement describing the “why” behind your vision. It’s the primary reason your business exists and why you do what you do. Download our free mission statement template and follow the steps below to learn how to write a mission statement for your small business. Mission Statement Template (Free Download)…
Starting a Business
19 Best Franchises Under 10K
COVID-19 has changed how we do business, but there are still franchise opportunities that are not only inexpensive but also stand a good chance of success. As part of our research, we worked directly in consult with experts at FranchiseGrade.com and selected the best 19 best franchises under $10,000. There are many ways to fund…
How To Set up an LLC With LegalZoom – Step by Step
LegalZoom is an online legal service that assists you with the LLC (limited liability company) registration process. While you can register your LLC yourself through the designated state website, many business owners choose to have an expert, such as LegalZoom, assist with the process. Throughout LegalZoom’s LLC registration, you may see questions and other products…
14 Strategies To Increase Profits
How to increase profits is on the mind of most business owners. There are only two ways to do it: increase prices or cut costs. The question is, what are the best and most affordable options for each, particularly during COVID-19? Consider the following 14 strategies to make you and your business more money in…
What Is a Feasibility Study for Small Business?
A feasibility study for small business is an in-depth research and financial analysis that recommends if one should pursue a business idea or product. The study contains estimates of items such as income, costs, obstacles, and technical challenges. Typically, a feasibility study for a small business costs a minimum of $5,000. However, they can cost…
What Is a DBA & Who Needs It
The DBA (doing business as) is the public facing name of a business. For a sole proprietor, a DBA allows them to market a business other than their legal name. For an LLC, a DBA allows the owner to market a business with a name other than the registered name. Several states and counties use…
4 Free Retail & Online Store Business Plans
A retail business plan can help entrepreneurs analyze their business concept and explain why it will be successful. Many banks and investors like to see companies’ strategic plans before agreeing to provide funding. All business plans for retail and online stores should showcase their products and services, financial projections, and marketing strategies. Before starting your…
Best States to Open a Cannabis Business
Looking to be the next marijuana millionaire? Getting an early piece of the rapidly growing pot pie is a smart move. According to Marijuana Business Daily, the booming industry saw retail sales hit $9.7 billion in 2018 from $6.6 billion in 2017, and that’s slated to double by 2022. New bars for cannabis revenue are…