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Starting a Business

12 Best Crowdfunding Sites for Small Businesses

By Tom Thunstrom on January 21, 2022 | Buyer's Guide, Starting a Business

Two people having a brainstorming to find business idea for investment.

The best crowdfunding platforms offer low fees, a large audience of potential investors, and allow a variety of campaigns. They also charge rates competitive with startup business loans and allow for a large variety of potential projects to be showcased. Finally, they have a track record of helping projects reach their funding goals. Small businesses…

How to Start a Consignment Shop in 9 Steps

By Meaghan Brophy on January 12, 2022 | How To, Starting a Business

Showing different kinds of apparel.

To start a consignment shop, as with any business, you’ll need a prime storefront and a strategy for acquiring customers and merchandise. It involves choosing a niche, establishing a budget and business plan, finding merchandise and laying out your store, advertising, staffing up, and, finally, opening to the public. Starting a consignment store can cost…

28 Entrepreneurship Statistics & Trends to Know

By Rebecca Michael on November 8, 2021 | Starting a Business, Statistics

diagram written in notebook

Despite the COVID-19 pandemic, entrepreneurship is on the rise. There’s good and bad news in recent data, both important to know for supporting your entrepreneurial endeavors. We’ve divided key entrepreneurship stats into eight overall categories to help guide your current and future entrepreneurial decisions. Introductory Statistics 1. 440,000 startups were formed in the US in…

19 Best Businesses to Start

By Rebecca Michael on September 14, 2021 | Starting a Business, Tip List

two men wearing facemask

While the pandemic threw up roadblocks for employees and businesses, it also presents game-changing shifts across sectors, posing opportunities in industries that are on the road to a resurgence. Aspiring entrepreneurs now have countless tempting options for starting a low-investment, high-profit business from home. Here are 19 of the best businesses to start in 2021…

How to Start a Food Truck Business in 9 Steps

By Meaghan Brophy on September 2, 2021 | How To, Starting a Business

food truck

To start a food truck, you need a competitive and appealing concept, a viable business plan, a fully equipped food truck, and a solid marketing strategy to build your customer base. If you’re looking for a money-making business idea, a food truck is a great one. Successful food trucks can bring in more than $500,000…

How to Start a Vending Machine Business in 9 Steps

By Rebecca Michael on July 21, 2021 | Starting a Business, Tip List

Woman Using Vending Machine

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

By Rebecca Michael on July 15, 2021 | Starting a Business, Tip List

Corporate People Wall Display

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

By Rebecca Michael on July 1, 2021 | Starting a Business, Statistics

Man and Woman Laughing

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…

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