Business owners looking to start in the coffee industry will be happy to hear that it is thriving. That said, it’s still important to have a solid understanding of the market to ensure your success. I’ve researched the industry and compiled a list of 19 coffee statistics that provide insight into various aspects of the…
Starting a Business
How to Start a Vending Machine Business in 9 Steps
I’ll walk you through how to start a vending machine business, from evaluating your product options and estimating profit potential to determining sourcing and staying on top of trends, technologies, and markets. Having a clear business plan and understanding the legal formalities are also important. If you think you might be cut out for the…
Should You Start a Business? Everything You Need to Know
Starting a business can be incredibly rewarding, but life as a business owner may not be for everyone. If you are asking yourself, “Should I start a business?” consider the various factors involved in business ownership. For example, think about why you want to start a business, how much money you want to make, and…
60 Best Business Ideas to Make Money
Maybe you’ve fantasized about the many advantages and perks of owning your own business, but you just don’t know how—or what business—to start. If this sounds like you, you’re in luck. We’ve come up with this list of business ideas that anyone could realistically pursue with some training, experience, and startup capital. Many of these…
What Is Market Research? [+ Tips on How to Do It]
Market research is the process of assessing market conditions. It reveals insights about the best ways to prepare your business, whether you’re starting a new business or taking a new direction in an existing business. Market research is vital for small businesses; it helps them determine the viability of their business strategies based on the…
Business Types: Which Is the Best Structure for Your Business?
The only decision more intimidating than choosing to start a business, in general, is deciding on a business structure. Different business types can offer different advantages and disadvantages to new entrepreneurs, but don’t fret! This article aims to demystify the various business structures so that you can choose the best one for your entrepreneurial pursuits….
11 Profitable Winter Business Ideas to Try This Season
Flowers don’t grow when winter approaches, but this doesn’t mean your revenue growth should slow. There are plenty of different jobs, trades, and gigs available for small business owners and entrepreneurs alike to consider in the colder seasons. To help you win customers and earn profits this upcoming winter, consider this list of 10 winter…
15 Business Ideas for Kids
Ideal businesses for kids require little training, minimal equipment, and little time commitment (or at least should be time-flexible). Before officially selling their services, children should practice the job with family and friends. For example, before providing lawn maintenance services to paying customers, they should learn the basics of lawn care by tending to their…