One of the most important steps you need to take when starting a business is developing a viable business model. Do it right, and you’ve taken the first step toward entrepreneurial success. Do it wrong and you’re setting yourself up for failure. Despite the real or self-perceived high-quality of your products or services, or the current demand inRead more

Thinking of starting your own business? You are probably scouring the Web for ideas, brainstorming names for your business, looking for top start-up tools successful entrepreneurs use and more. But before you set up your business, you need to ask yourself a critical question: Do you really have what it takes to become an entrepreneur? The most successfulRead more

When you are thinking about starting a business, investing enough time in identifying a viable business model is a critical first step. If you overlook this step, you may undermine your chances of success—even if your product or service has excellent, sustainable demand in the marketplace. If you have not yet finalized your business model,Read more

When starting a business, one of the most important considerations is what type or model of business. Yet a surprising number of entrepreneurs fail to think through their overall business model in the initial stages. To make this step easier, here are three business models that have proven successful.Read more

A business partnership is a long term agreement between two or multiple individuals. Ideally, it allows two or more people to exponentially increase their output, add to each other’s skills and support each other as the business grows. Yet selecting a suitable business partner is more challenging than many people realize. It is essential to form an understanding, supportive bondRead more