Category: Growing a Business

How an Equipment Lease Was the Key to Unlocking This Consultant’s Success

How an Equipment Lease Was the Key to Unlocking This Consultant’s Success

Miles “Holmes” McGinnis first started his computer consulting business, Amerimart, in the early 1990s. He was a database programmer who consulted for several Fortune 1000 companies, and enjoyed 10 years of solid work with his growing client base. Then, during the Dot-com collapse in the early 2000s, Holmes lost many of his clients because of excessive speculation and growing fears regarding the future of Internet-based companies. Suddenly, he was faced with no work, aging technical skills, a growing pile of… Read More
5 Yelp Mistakes Every New Business Owner Makes

5 Yelp Mistakes Every New Business Owner Makes

Word-of-mouth marketing has always been a valuable tool to business owners, but in recent years, social media has upped the ante. In fact, 82% of adults in the U.S. turn to online reviews before making a purchase. For Yelp, that translates into 84 million desktop users, 73 million mobile web users and 26 million mobile app users. For small business owners across the U.S., those numbers should translate into a definitive need to factor Yelp into your marketing strategy. If… Read More
How Consumer Financing Works

How Consumer Financing Works

There are a variety of payment options that you as a small business owner, could provide to your customers for convenience in acquiring your products and services. By far the most popular forms of payment include: Credit Cards; Debit Cards; Checks; Bank Transfers; And even cash. Despite the many reports stating that cash is dead, cash still represents at least 30% of all transactions conducted at the point of sale. This is in part due to the significant amount of… Read More
9 Congressmen Who Are Also Business Owners

9 Congressmen Who Are Also Business Owners

Many members of congress are quite wealthy. While some of them have family money or married into a sizable fortune, a good number of members of the House of Representatives and United States Senate made their money after starting a business. In fact, some of them still hold their businesses to this day! Here is a list of nine wealthy members of congress and the self-employment that helped them reach the top tiers of wealth. Darrell Issa - California Darrell… Read More
How to Open Your Own Etsy Shop in an Afternoon

How to Open Your Own Etsy Shop in an Afternoon

Etsy.com is known as the go-to online marketplace for high-quality handmade items. With a community focused on handmade products, authentic vintage items, and pure random whimsy, selling on Etsy can be a great way to start or expand an online business. Setting up an Etsy shop can be done effectively in a single afternoon, and can help put cash in your pocket. Whether your goal is to give your bricks-and-mortar business an online presence, sell your handmade wares on the… Read More
How Being Considered a “High Risk” Merchant Account Affects Your Business

How Being Considered a “High Risk” Merchant Account Affects Your Business

So you've finally decided to start your business. You have aligned the capital, the location, the business plan, and the investors. You’ve created the strategic plan to acquire X amount of revenue, for X amount of expenses, within Y amount of time, which should produce Z amount of profits. Research shows that your prospective customers would more than likely use credit and debit cards for many of their purchases, and you run into a hiccup when trying to do something… Read More