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5 Things Every New Business Owner Needs Before Launching
Launching your own self-employment or small business is a big and exciting step! It can also be a bit stressful getting all your ducks in a row before your Grand Opening. While there are many things specific to your business that need to get done before your launch, here areRead More
Ask Dr. Deborah | What are the legal requirements for starting a business?
Dear Dr. Deborah, I’ve talked about starting my own interior design business for many years now, and I’ve decided that my New Year’s resolution for 2017 will be to finally take the plunge. I’m fairly confident in being able to get customers and run my business. However, I’m not sureRead More
Crowdfunding for Self-Employment: Yay or Nay?
In 2015, it was estimated that $34.4 billion was raised through crowdfunding. By 2025 that number is expected to grow to over $300 billion. Crowding funding sounds like a business’s dream come true – people give you money and expect little or nothing in return. As this industry continues toRead More
How Much Financing Do You Really Need?
One of the biggest challenges in starting your own business is securing the financing you need to cover start-up costs. However, before you can determine where that financing will come from, you need to identify how much financing your business really needs. So, how do you figure out what yourRead More
Ask Dr. Deborah | What do we need to do to start our small business?
Dear Dr. Deborah: My friend and I were talking the other day and decided we have a great business idea. The trouble is, neither of us have ever been in business before. We have no idea where to begin. What do we need to do to start our small business?Read More
How to Finance a Self-Employment Venture
When starting a new self-employment venture, most use their own money from their personal savings or checking account to cover the start-up costs. However, doing this and remaining financially stable is not in the cards for some. These individuals have to find additional (in some cases all) financing from anRead More
Small Business Finance 101: Key Startup Questions
When it comes to small business finance, there are a million questions that come to mind, and a lot of blank stares when you try to find all of the answers. There’s no way you can become a master accountant or CFO overnight, and you will be quickly overwhelmed ifRead More
Are You Ready to Run a Business?
You’ve come up with a fantastic idea and now you’re thinking, “I should start my own business!” Congrats! As you get ready to launch though, step carefully. Running a business is a big commitment – bigger than many realize – and missteps early on could lead you to a quickRead More
Ask Dr. Deborah | Where can I find help starting my own business?
Dear Dr. Deborah, For years I have had this hobby on the side that I work on after work. I love it and after much encouragement from family and friends I have decided to turn it into a business. However, I don’t know anything about running a business and I’mRead More