A solid business plan helps you forecast your future business and is a critical tool for raising money or attracting key employees or business partners. A business plan is also 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…
Starting a Business
5 Small Business Trends to Watch in 2024
The small business landscape is changing faster than ever before. 2024 promises to be marked by shifts in financial strategies, technological adoption, and a heightened awareness of societal needs. Check out five new business trends to anticipate so you can stay ahead in the competitive market—from innovative financing solutions to the growing importance of social…
15 Low-cost Business Ideas With High Profit
Starting a business is one thing, but it’s something else to successfully turn a low-cost venture into a high-profit business. Give yourself an advantage by choosing an industry or business type that has high revenue and growth potential to yield good returns over time. Check out our suggestions for low-cost business ideas with high profit…
What Is a Cooperative? And How Do You Start One?
A cooperative, or co-op, is an organization owned and controlled by the people who use the products or services the business produces. Cooperatives differ from other forms of businesses because they operate more for the benefit of members, rather than to earn profits for investors. Co-ops are organized to provide competition, improve bargaining power, reduce…
Beginners’ Guide to Buying a Business
The process of purchasing an existing business can be quite daunting, especially if it’s your first time. Our guide to buying a business will go over the entire process of acquiring a business—from choosing the right one and evaluating all the necessary information, to financing the purchase and closing the deal. Read on to examine…
28 Best Elon Musk Quotes on Business, Success & Life
Elon Musk is a business magnate, co-founder of the electric car company Tesla, and founder of the space exploration firm SpaceX. He also co-founded the payments company PayPal, the neurotechnology company Neuralink and the nonprofit organization OpenAI; he is also the owner and chairman of technology company X Corp. Musk is the wealthiest person in…
40 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,” which ran from 1986 to 2011. Winfrey, whose net worth is estimated at more than $2.8 billion, is one of the most sought-after celebrity speakers. These Oprah Winfrey quotes offer inspiration and may be able to help you…
How to Start a Vape Shop in 5 Steps
Vape shops are growing in popularity primarily due to their accessibility and marketing as a safe alternative to traditional cigarettes. If you are an aspiring vape shop owner, strategic planning for cost and compliance is key. It’s a regulated business, so it’s important to do research on your state and city’s regulatory rules before starting…