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10 Secrets For Better Focusing Your Business

Focusing your goals and approach in your business is the same whether your tweaking an existing venture or starting a new one. In this edition of the Small Business Trends Community News and Information Roundup, we scoured the best business blogs and communities for secrets on how to better do this. Here are the results. Assess Your Level of Acceptable Risk (Wilbert Rogers) Before focusing your business, it’s best to …Read More

How Small Employers Can Prepare for Minimum Wage Hikes

Ralph Askar already pays above minimum wage and provides health insurance for the eight employees of his two San Diego Instant Imprints stores. But if a city ordinance hiking the minimum wage goes forward as expected, Askar figures he will have to boost his employees’ wages as well—and raise prices to keep up. And he isn’t sure how his customers will respond. “We are afraid,” he says. “Our payroll taxes will go up, …Read More

5 Mistakes Even Successful Entrepreneurs Often Make

Although most might not freely admit it,  all entrepreneurs—even the most seasoned ones—make mistakes throughout their careers. It’s something that every founder and business leader has to deal with at one point or another. If you’re thinking about diving into the world of entrepreneurship by starting your own business, you have to be prepared to make mistakes. Here l highlight a handful of entrepreneur mistakes that even successful entrepreneurs make. Before …Read More

Do You Tell Yourself These Common Entrepreneur Lies?

In order to stay positive, entrepreneurs need to lie to themselves a lot. Unfortunately, this can get them into trouble when they have improbable expectations and surprising outcomes as a result. Below are the 7 biggest lies and the truth about what to do instead: Sales Will be Better Next Month Many entrepreneurs believe that sales will always increase in the future. They reason that with more revenue, there will …Read More

5 Additional Types of Business Insurance to Consider

You probably already have a number of insurance policies: Business owner’s policy (BOP) to provide protection for your property. Liability coverage for third parties Workers’ compensation for your employees Auto coverage for any business vehicles. Health insurance. But in today’s litigious society, there are other types of insurance you may want to have for optimum protection. Below are 5 additional types of business insurance to consider. 1.    Business Interruption Coverage What …Read More