3 Important Tips for Making your Small Business a Success

Success
Nearly half of small businesses fail in their first 3 years of existence. Success is in no way guaranteed when you are starting a small business. Part of the reason for this high failure rate is that small businesses have limited resources to work with. Oftentimes the owner of the business is managing all aspects of the business – From managing accounts to getting effective marketing materials produced to running the day to day operations of the business. As you can imagine this can get really busy, really fast. If you are not careful you may end up burning yourself or, even worse, your business can fail. Here are 3 tips you can use to alleviate the burden to some extent and succeed as a small business owner.

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3 Services Your Business Should Consider Outsourcing

Outsourcing
Running a business can be as stressful and draining as it is rewarding. Quite often it can be easier and far more efficient to outsource particular roles and services to professionals outside the business. There is nothing wrong with getting a bit of outside help for certain tasks and outsourcing can help save you and your business a lot of time and stress.

If the manager is also the one answering phones and emptying the bins, it might be a good time to consider outsourcing. Here are three areas your business could potentially use some outside help in.

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3 Step Process to Sell Your Business without a headache

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While it’s important to understand that selling your business is a serious undertaking and will require a lot of work, it doesn’t have to be a stressful headache. If you are not well prepared sling can be very stressful. What’s more, you’ll get less money for your business than you would have if you’d prepared ahead of time. On the other hand if done properly you can not only sell your business faster and for more money, but also you will have less stress throughout the process. Here is a 3 step process we have identified that helps you accomplish just that.

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How to Organize Team Building Events to Create Lasting Bonds

Team Building

Post by Dan Colgan, Founder Rock Paper Team LLC

Corporate team building is a great way for companies of any size to discover new ways of working that can transform their business environment. Team building activities build skills and strengthen teams, while promoting synergy and bonding between employees and team members.

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What’s in a contract? Legal jargon debunked

Legal Contract
From buying shares to starting a new job, there are several important agreements which require legally binding contracts to protect the interests of both parties. These contracts will equip you with the right to take the other party to court if they do not adhere to their side of the agreement and will also protect you should the other party contest your actions in any shape or form.

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5 Biggest Business Mistakes You Must Avoid

Mistake
As many of us know, over half of all businesses fail before their first birthday. I don’t tell you this to scare you off. Actually, it’s quite the opposite. I use this statistic to encourage you to work even harder at your dream. Only a small percentage of companies survive the early years, and it takes an enormous amount of perseverance.

It also means avoiding some of the biggest mistakes and pitfalls. As a new business owner, you can learn from the mistakes of the past here. While you may be relatively inexperienced, the same mistakes are killing businesses time and time again. Learn them, and you can avoid them.

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Workplace Safety Tips All Employees Must Follow

Workplace Safety
No matter how many policies and guidelines are laid out for workplace safety, it’s impossible to have a work environment that is hazard-free without ensuring that all employees are aware of those guidelines and put them into practice. A safe working environment is based on how all workers of all levels adhere to and communicate about safety standards at work. The foundation of any workplace that is safe with minimal risk of hazards and danger is one which encourages employees to identify any hazards and unsafe behaviors which they see as well as offer their own suggestions for improving safety.

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3 Things to Consider Before Expanding Your Business Abroad

International Business
Often when looking to expand your business going international is the best way to do it. Globalization has enabled businesses of all style and size to go after customers they were not able to before. Reaching to new markets and a different selection of customers overseas can be hugely beneficial for your business and literally open up a whole new world of clients. However, it is worth remembering that international expansion does not come without its own risks. There are a few essential things to consider before expanding abroad. Here’s the top three:

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5 Keys to Building a Successful Online Startup

Success
There has never been a more exciting time to launch an online business. As such, more and more entrepreneurs are turning their attention to this arena every year. If you’re looking to step into the world of ecommerce in 2016, it is imperative that you start on a positive foundation. Great planning is central to establishing a successful online venture. There are several key areas an online startup needs to focus on for this strong foundation. Here are five of the most important areas you need to worry about.

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6 Common Traits of Successful Entrepreneurs

Entrepreneur
Who does not love hearing the thrilling stories of how the common people became successful entrepreneurs? Whether it is Mark Zuckerburg, Steve Jobs, Jason Camper or Bill Gates, people who followed their passion, not only achieved success but also became an inspiration for many. But what does it take to be a successful entrepreneur. If it was just hard work many others would have been there as well. I believe it is a combination of several traits that determines whether you will become next Bill Gates or just another business owner who is struggling everyday. Below I describe 6 traits which are essential for anyone who dreams of making it big as an entrepreneur.

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