Starting an online business begins with filling a need and building credibility, but the factors that go into making your online business a smashing success don’t stop there. While the barriers for setting up a company are low, the majority of people starting an online business fail largely due to mistakes that seem obvious in […]
Profiting off your blog seems to be a highly controversial topic in the blogosphere. Some people view it as wrong and unfair to readers. Others see it as a smart way to receive compensation for the work you’ve put into your site. When it comes down to it, I personally see nothing wrong with trying […]
This is a reply to an email I received from a lovely follower who wanted to know ‘my secret’. I don’t think there really is a secret, but over the years I have definitely learned a few tips and tricks from observing (and asking) the greats. In general, these are some good rules to follow: […]
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Your site has been online for a while and you’ve built a catalog of content related to your business, but you’re still in need of fresh ideas to keep your audience interested in your brand. The good news is that there are some user-friendly ways to do this using Jetpack’s handy tools. Today, we’ll share […]
A contract is a promise or set of promises that are legally enforceable and, if violated, allow the injured party access to legal remedies. As most of us know we must sign a contract when getting a hired for a job and usually it’s a lot of legal documentation. That documentation is very important and is usually always very detailed with the can and cannot’s of the work or work to be performed. It’s very important for a individual as well as a company because contracts can save you a lot of time as well as money; and provide insurance for you as well. For example, let’s say your an artist doing some work for a client and they agreed verbally to pay you once the job is completed and let’s say you get 85% done with the project and they pull out at the last minute. Well, now you’ve probably used a lot of money and spent a lot of time doing work for someone that just pulls out at the last minute and now doesn’t want to pay you for the time spent already.
So with a contract you can write down your own rules like depending on how much of the job is completed you still have to pay the full amount because your time is valuable especially when it comes to business. When you make a verbal agreement remember it will be harder to prove that you all ever had an agreement. Even in court. So having everything down in paper and even making a copy of it is always the best solution. Always keep the contracts in your file and never throw them away, you never know when or if you may ever need them again. Please note, that if you have a good lawyer to help you review a contract, then your better off than having a lawyer who doesn’t know the terms of agreement like they should. Also, also questions and thoroughly read all the contact to make sure you know what your getting into before signing anything. I will be adding this to Business Tools page soon and will have it more broken down in detail describing what you should have on a contract and what to look for before signing one. Thanks for reading and let me know if you have any questions regarding this topic please feel free to ask.
?? It’s another week of This Week in Small Business and this week, I clearly had Facebook on my mind. For this latest episode of This Week in Small Business, I’m joined by live streaming expert Monique Johnson and we’re going over the top articles appearing on Small Business Trends in the last week. Two…
Finances. As most of us know in our daily lives we go over our finances all the time especially when we have bills to pay. We use finances to go over our bills to see how much were spending, how much were making, and to budget out where we can save. To be honest now most banks offer help to help you manage your finances so you can keep track of your spending, which is very important if you want to stay in control of your money.
Well, the same goes for business and it is even more important the bigger the business. You have to always be in control of your money and always find ways to save. The more you save the better you can never go wrong with saving and the way to do that doesn’t always have to be with cutting labor. That is a last resort if your business is failing and you need to lay off employees to save the business. But with you need to try to on your controllable’s.
Your controllable’s include lets say for example, it may be tools, supplies, vendors, food products, brands, etc. Lets say with supplies you may be getting your art supplies from one company that is charging you twice as much as another company that may offer a discount for getting a bulk of those supplies. If its transportation maybe you can consider controlling operating expenses. There are always ways to cut back and save and in a lot of cases doing inventory on a monthly basis can help you to see where your at. Remember that knowing your finances are very important and is very effective to a business.
Planning and ahead and always saving is the best way to go. You never know what may happen so having money set to the side in case of emergency is the way to go. Have yourself a check list, binder, receipts, bills, etc. to stay on track of your finances. Even if you ask your bank to help organize your finances so you remain ahead of the profit you make as a business.
I will be making more post on tips for running a business and I will be creating a page soon under the artist tips page for those looking for advice to run a cost efficient business. Thanks for reading and I hope this helps. Stay Tuned.
Nobody starts off being good at business, it is something that you need to learn, develop and perfect. When you are able to do this, you can then go on to really start being better at everything you do and you may even find that you start getting way better results out of the campaigns […]
Overwhelmed by your choices? Consider these things when picking a template for your site.