Businesswomen In Boardroom Meeting

Streamline your HR to put your people first

Every business is a people business. Here are common HR mistakes that can cost you time and money, but that you can fix quickly.

Streamline your HR to put your people first

It’s impossible to do business without people.

Even if you don’t have an autonomous HR department, organizing, managing, hiring and monitoring those people are essential parts of any company’s process. That means, of course, that the more people you employ, the more work you’ll have to sink into those functions.

Something many businesses struggle with, however, is balancing effective HR practices with their bottom line. With so much involved, it’s easy to let HR become a major time sink, but it can be avoided with some careful planning.

Here’s how you can begin to streamline your HR function and make sure your efforts are working for you and not against you.

Step One: Digitize 

It might go without saying, but these days there’s no excuse for not having a digital records system. It’s not just important to store HR records digitally — such as pay details, employee histories and contracts. It’s also important to be able to see them at-a-glance.

Step Two: Develop a filing system

Make sure all of your records are stored in the same way. You can waste hours over the course of a year if all of your folders are organized differently, and if you’re tracking employee information in different ways.

Step Three: Keep track

HR admin and tracking

No matter who is in charge of the HR function, that person has to be constantly aware of information including benefits, vacation time and pay schedules. Most importantly, though, that person has to communicate with the accounting department to ensure that everything meshes.

If you need to pay your employees (or contractors) on a certain day, you’ll need to know that you have the funds available to do it. That also includes managing your cash flow cycle, which you can learn more about in this handy resource.

Step Four: Get Help

There are numerous new software solutions on the market today for businesses looking for a top-of-the-line HR management portal. Look for one that suits your size of business and your income, and you’ll be able to supervise all of your HR tasks in one easy platform.

 

Up Next: Making sure you safely store your business contracts

Working on tablet

5 ways technology can help your small business grow

Many people assume that only big, international companies can gain something from new technologies. But, in reality, even a small business can find the right solution to grow and expand into new markets. It’s easier than you think. After all, most of us use the internet all the time in our daily lives. And all you need to do to increase your revenue is use it to promote your business as well. You’ll be surprised how much you can achieve with a good marketing strategy.

1. Tell your clients who you are

Whether you’re looking for a great place to visit on your next vacation or for a reliable mechanic to fix your car, your first step is most likely trying to find them online. That’s just how it is currently. On the internet, we have easy access to an incredible variety of information, so we use it to solve our everyday problems. It’s no different for your clients. And you can use such knowledge to attract new customers. All you need to do is invest in a professional website for your business. Make sure to include all contact information, but also a detailed description of your products. Another good idea is to start a blog where you’ll be able to share interesting news about your industry and new solutions that you offer.

2. Use social media to get your message across

Think about how many people use social media. And all of them are your potential future clients. But before you start imagining what you’ll do with all that money, you need to figure out a way to gain followers. You’ll need to create good content for all of your profiles to make your products and services appear as interesting as possible. There’s a huge competition, so you need to find ways to look unique and different from other firms. You don’t necessarily have to create accounts on all available platforms. It’ll be difficult to keep your focus on so many different things at once, and at the end of the day, it may be more beneficial to have just one profile but with regular updates.

3. Find the best solutions for your company

There are many apps and programs you can use to improve the way your business operates. From calendars to invoicing systems, you’ll find a solution to every problem you may encounter. And even if you won’t be able to find something that will meet your specific requirements, you can look for bespoke options. But remember that a software house located internationally can have better solutions for your business than a similar one in your area. To find the best one for your company, you should focus more on their portfolio than on their location.

4. Improve communication

With new technology, you’ll be able to communicate without any trouble. And you’ll save on your phone bills at the same time, as even contacting your international clients won’t be a problem. Plus, by enabling your employees to talk to one another online, you’ll see their productivity rising. That’s because they’ll be able to access all the necessary information in the fastest possible way, without having to walk across the office to find an answer. In modern business, everything is about being efficient, and using the internet can help you achieve this goal.

5. Keep your data secure

You need to make sure your business network and your website are secured with strong passwords. It’s also a good idea to keep backup storage for all your data. The most convenient way is probably storing your files in the cloud, it’ll also allow you to access all the necessary information easily no matter where you are. Plus, giving access to specific documents to people who need them will be a matter of seconds.

 

Technology is constantly changing our lives, and it’s affecting how we run our companies as well. There’s no reason to ignore the opportunities offered by the internet. You have a lot to gain, so look for solutions that will work best for you and be ready to take your business to the next level.

Office desk calculator

Spend money wisely & cut costs with these 5 business tips

Get this small business budgeting advice to make sure you don’t break your budget as you plan for future growth. Spend money wisely, cut costs and tap into more business success.

Spend money wisely

One of the greatest challenges of running a business is managing money. If you aren’t smart about your spending, it will be impossible for your small business to grow. Follow these budgeting tips to save your business from future financial trouble.

1. Set a realistic budget

A realistic, detailed budget will help you stay on track of your business spending. When creating your plan, don’t inflate your projected sales, as that could cause an array of avoidable financial problems for your business. It’s also important to be tally any and all business expenses, while also trying to forecast or leave room for unexpected costs that may arise.

Remember, your business will continue to evolve over time and both expenses and revenues will fluctuate. Because of these ups and downs, your budget will need constant updating and re-evaluating. Make it a priority to monitor your plan regularly, keep a very close eye on what you are spending, and adjust your budget where necessary.

2. Enlist a professional

Every business owner knows how stressful it is to run a business, and if you get certain things wrong, you run the risk of losing money and wasting valuable time. No matter how big or small your business is, you can’t possibly do the job all on your own.

For example, there may be areas that you are unfamiliar with, such as tax management, where you’ll need extra help. In particular, taxes can be complicated and require a lot of attention to detail — making it easy to misunderstand, especially as a new business owner.

To save you time and stress, enlist a professional to help you with your business finances. This will give you more time to focus on other important tasks. An expert will help you avoid crucial mistakes, and give you peace of mind that everything will go smoothly.

3. Cut out the unnecessary items

earnings and expenses

There are many creative ways to minimize your business costs, and if you’re a small business owner, you don’t need a lot of full-time staff. Outsourcing to contractors is a great way to reduce costs and save office space.

You can also save a ton of money by introducing sustainable business practices. Energy-efficient businesses have lower electricity bills, leaving more money for things that matter. If you want to find out where you’re using the most electricity in your office, conduct an energy audit. This will allow you to introduce “green” alternatives and make big savings on your energy bill.

4. Save for emergencies

Put any extra money you save into an emergency fund. Use this emergency fund to pay for unanticipated business expenses in the future. Having an extra set of funds for emergencies will save you a tonne of money and stress.

5. Get insurance

There are different types of insurance you can get, and having the right insurance will help you manage all the financial risks of your business. Without a good plan, you’ll be forced to pay for various businesses losses yourself.

When researching insurance plans, consider which areas of your business need the most protection. This may depend on what industry you’re in, your business size and the type of work you do. Consult with an insurance broker to find a plan that’s right for your business.

Managing money in any business venture requires a lot of discipline and meticulous planning. A good budget, some professional assistance and a great financial support system will be key to your success.

 

Up Next: 12 Hidden Costs Of Running Your Small Business 

Merchant Cash Advance Risks

Risk vs. reward: “Merchant cash advances” and “Invoice factoring”

Are merchant cash advances worth the risk? Here’s why you might want to think again…

Merchant Cash Advance Risks

Even with the best of contingency plans, every business will one day run into trouble with their cash cycle.

Maybe your supplier’s payment is due, but your biggest customer unexpectedly had to delay their payment to your business. Maybe you had a catastrophic breakdown in some of your equipment and don’t have the funds to cover replacement. Regardless of the reason, the end result is the same: your business needs funds quickly.

A traditional bank loan would take far too long to get approved, so you might be considering two other options: invoice factoring and a merchant cash advance (MCA).

But both options are not created equal. Here’s a quick rundown of how the two will affect your business.

Invoice Factoring

This is essentially where a funding company “purchases” your unpaid invoices at a slightly reduced rate.

If, for example, you’re awaiting a payment of $10,000 on a 60-day schedule but you need money now, invoice factoring will ensure you have access to that $10,000, minus a one-time upfront fee. Your customers can then make their payment directly to the funding company.

Learn more about invoice factoring here.

Merchant Cash Advance

Instead of purchasing your invoices, this option provides you an advance based on projected sales. If you need that $10,000, the lender will offer you the funds, but you will have to repay it (like a loan) on a payment schedule, and with a percentage on top.

Therein lie the two problems with an MCA. First, until you pay back the advance in full, you’re beholden to the lending company. If you run up against more trouble with your business, you’re still stuck with a hefty payment.

Secondly, the percentage on top is typically very high. Taken together, that leaves you with all the risk, and apart from the speed of getting the money, very little reward.

With that in mind, it’s rare that an MCA would be recommended. Instead of playing the projections lottery, focus on the money that you already have committed to you and look to invoice factoring.

 

Up Next: What’s the cost of NOT factoring?

YouTube on laptop and cellphone

YouTube for business: Must-watch channels for busy professionals

Move over Netflix: Use YouTube for business to access educational content, inspiring personalities and financial news that can move your organization forward.

YouTube for business: Must-watch channels for busy professionals

Are your favorite television shows on hiatus for the summer? Are you looking to stay up-to-date on all the latest business news and trends? Want to continue your professional development or grow personally and professionally? Though it might seem strange, it may be time that you head over to YouTube.

You may be familiar with the video-sharing platform as your go-to for cute animal videos or DIY projects, but there’s also a wealth of knowledge being shared by entrepreneurs, business experts, growth strategists and others, waiting to be discovered. 

Here are some of our favorite selections and best picks of business-related YouTube channels, which every busy professional can get value from:

Best Overall Business Advice

Brian Tracy’s Success Channel

An internationally best-selling author with 70 books on business, personal growth, leadership and strategic thinking, Brian Tracy is one of the most recognizable names in the industry. He has spent the past 30 years travelling the world and has consulted with over 1,000 companies. In that time, he has addressed more than 5 million people in 5,000 talks and seminars throughout the US, Canada and 70 other countries.

Tracy’s YouTube channel is one of the best resources for business professionals from all industries, and the accumulated 46 million views are well-earned. Topics range from personal growth to leadership and business tips and more. Updated with fresh videos weekly, most of which run under 10 minutes, this channel is great for the busy professional on the go.

Best Host & Interviews

Marie Forleo – MarieTV

Named one of Oprah’s top thought leaders for the next generation, Marie Forleo is a YouTube host, entrepreneur, life coach and philanthropist. 

Forleo has dedicated her channel to videos and interviews that help entrepreneurs and business professionals reach their ultimate potential. Best of all, her outgoing and approachable personality makes the material engaging and inspiring.

Forleo is also a great interviewer and regularly hosts interesting guests. With over 500,000 subscribers, 48.8 million views and 4 new videos a month, MarieTV’s playlists are organized by topic, making it easy to find specific videos that interest you.

Best Financial News & Market Analysis

Bloomberg Markets & Finance

You may very well be familiar with Bloomberg as a top media source for business and political news, but have you visited their YouTube channels? Our favorite channel for market and finance news and interviews with leading business figures is Bloomberg’s Markets and Finance channel. 

This channel doesn’t have just one single host. Instead, it relies upon a variety of experts to provide content for the channel. Playlists are organized by topic and video host for easy navigation, and with dozens of new daily videos (totalling over 46.2 million views), content is always fresh and current. If you work in finance or business, you will definitely want to become one of the 360,000 subscribers to this channel.

Best Inspiration & Personal Growth Tips

Tony Robbins LIVE

A go-to among celebrities, entrepreneurs and athletes, Tony Robbins is a success strategist focusing on personal growth, self-help and entrepreneurial advice. As an extension of his highly-publicized seminars and books, Robbins’ YouTube channel publishes new videos weekly. 

Whether you’re looking for advice or inspiration, Robbins’ channel has it all — which is evident by his 650,000 subscribers. Videos vary in length, so whether you have a spare hour or just a couple minutes in between meetings, you can always find a video that will help you get one step closer to achieving your personal and professional goals. 

Ready to watch? Here’s how to watch YouTube for business.

Ready to get watching? You can access the free YouTube platform through any web browser, or download the free app to your favourite mobile device from the App Store or Google Play.

Working desk with documents

Don’t sell yourself short: 3 common invoicing mistakes

If you’re making these common invoicing mistakes, you can correct them quickly…

common invoicing mistakes

A business is nothing without income. That might go without saying — but many business owners spend so much time focused on finding new opportunities and doing daily tasks that they lose sight of the most important parts of generating income: the invoicing.

An invoice isn’t just a receipt. It’s a contract that summarizes your hard work and helps ensure you’re compensated for it fairly. That’s why it’s so crucial to make sure your invoices are accurate, so you’re not selling yourself short.

Here are three common invoicing mistakes that, if avoided, can help your business thrive.

 

1. Not itemizing your services or products

Many people assume that the person they’ve been dealing with is the same person who will process their invoice, and will know what service the invoice is for. This is often untrue, and most businesses require an itemized invoice so their accounting departments can process them correctly.

Providing an itemized invoice up-front will help avoid delays in payment down the road. It’s also good practice for your own accounts so you can easily reference a past job. This is useful in the unfortunate case of a contract dispute, or the (even more intimidating) event of a tax audit.

 

2. Not clearly indicating a payment due date

common invoicing mistakes accounting

This is one of the most common mistakes people make with their invoices. Common turnaround times are 30-day and 60-day schedules, and you should specify this to ensure your payment comes in when you need it.

That said, some accounts will require payment schedules longer than you’d like. If you find that you need your invoice filled sooner, or you’ve run into issues with delinquent accounts, it might be worth thinking about funding options such as invoice factoring.

Related: What’s the cost of NOT using invoice factoring?

 

3. Omitting payment terms

It might seem obvious, but this is the single most important part of your invoice. You should make it as easy as possible for your accounts to pay you, including the address where they need to send payment and your preferred payment method.

If you use a factoring service, it’s also important to remember that you should provide their terms so your accounts can pay the invoice directly to them.

 

Pay attention to these three details to proactively avoid the pitfalls and give your invoicing the attention it deserves. That way, you’ll also get the payment you deserve!

Mobile security

Combat cybercrime: 3 actions every business should take

How your company can combat cybercrime, prevent an attack and bounce back in the event of a data security breach.

Combat cybercrime

Whether big or small, any business is vulnerable to cybercriminals and fraud. However, small and medium-sized businesses (SMBs) may not be ready for cyber attacks, and each one of these can be disastrous. In fact, an incredible 60 per cent of small businesses fold in the six months following a cyber attack.

Although this is a scary statistic, proper procedures can help you prevent an attack or, at the very least, recover from one with minimal damage. Here are three things you can do to prepare in advance and limit the impact of cybercrime.

1. Train your staff to combat cybercrime

According to research by Kaspersky, 88 per cent of SMBs that have suffered a data breach claim that social engineering played a part. What is that? Social engineering is any form of cyber fraud that relies on using human error — such as phishing (getting you to click on a harmful link), pretexting (pretending to need sensitive data for a legitimate issue), or quid pro quo (pretending to provide a service in exchange for access to data).

Human error also comes into play in simpler ways. Employees could leave their laptops in a public place, while others might keep a Post-It with their passwords on their desk. It’s easy to become careless with safety, and these small mistakes can easily be exploited by someone with bad intentions.

The easiest way to prevent these attacks is to train your staff appropriately. Teach them to identify common scams such as phishing and to be extremely careful with sensitive data. Repeat this training regularly to prevent a sense of complacency from developing.

2. Encrypt your data

Combat cybercrime - Encrypt data

“Data encryption” is one of those technical terms that feel too complicated to understand, but it’s actually very simple. Data encryption registers your data as a code, which can only be read with an encryption key or password. It protects your data as it sits in your system and during data transfers.

Encryption is particularly important if your employees carry around laptops with sensitive business data (this can easily be stolen or lost) or if such data is often exchanged by email. You can protect your laptops and system using an encryption software — PC Mag has a useful roundup of the best ones on the market.

For email data, you need a separate email encryption software — specifically, a type called secure webmail is best for small businesses. This is because it is cost-effective and doesn’t require both the sender and recipient to be set up with encryption.

3. Be ready to react quickly

A data breach response plan will make your reaction to a data breach fast and effective. With a good plan, you can prevent loss of service and even mitigate the damage. Without it, you will be caught completely unaware, making the attack much more harmful.

Data breach response plan templates are available online, along with guides highlighting the best practice. Do your research and spend some time developing yours, and remember to revisit it as your business grows and your data protection needs become more complex.

Of course, you will need to determine exactly what happened, both to mitigate the damage and prevent it from happening again. It might be worth investing in a team digital forensic specialists, (search for reputable and certified services such as Secure Forensics), who can put a data breach response plan into action. They may also utilize private investigators to locate the people responsible for the attack.

It goes without saying you can’t bounce back from a breach without backing up your data, so a solid backup and storage strategy is also crucial. Keep full backups of everything — at least two separate online copies and a third offline one, preferably in another physical location.

Why combat cybercrime?

Cybercriminals target SMBs specifically because they expect them to be vulnerable and poorly prepared. It’s your job to prove them wrong. While you don’t have the limitless resources of a large corporation to protect yourself, you can definitely make it harder for the fraudsters and combat cybercrime from within. Taking the time to develop a concrete strategy surrounding your data protection and response to breaches could literally save your business, so make it a priority.

 

Up Next: Are Your Clients Safe from Hackers?

Combat cybercrime - Safe from hackers

A woman handshaking

When is a good time to expand your small business?

expand your small business

Expanding your business can be both an exciting prospect and a daunting challenge. An upcoming expansion may indicate your company is profitable and successful, but at the same time, it requires careful thought, planning and execution.

To say the least, it’s important to get it right. Plenty of companies see major success by building up the business, but companies may also risk financial troubles from expanding too quickly.

For example, one study found that two-thirds of the fastest growing companies ended up performing worse long-term than companies growing more slowly.

Signs you should expand

So how do you know when is the right time to expand your small business? Here are four indicators that it could be the right time.

1. Loyal customer base

If you’ve built a strong base of repeat customers, this could be a sign that it’s time to expand. Repeat customers provide recurring revenue that stabilizes your business, and strong customer loyalty demonstrates a demand for your product or service.

However, a rush of one-time customers doesn’t necessarily mean you have a loyal customer base. Rather, it could just be due to a temporary fluctuation in the market.

2. You can no longer meet demand

Do you regularly turn away new customers because the demand is higher than your current capacity? Expanding your business can make it easier for you to meet this demand. However, you’ll want to make sure this is a true result of increased demand and not just poorly run processes within your company.

3. There is growth within the industry

If your industry is gaining popularity, then you should consider expanding your business to meet the industry’s consumer growth. Spend some time researching industry trends to see if your industry is on the rise.

4. Your business is meeting and exceeding goals

Every business starts out with a plan and milestones they hope to reach. Once you start regularly meeting or exceeding these goals, it’s probably time to expand. However, you need to have the right partners and systems in place to meet these bigger goals.

If you’re ready to expand your business, you’ll likely need to consider how much working capital you have at your disposal to keep up with the growth. Make a cash flow budget that factors in your potential growth, and ensure you’ll have the right financing in place. Now could be the perfect time to discuss options with your funding partner to get your growth strategy in place.

How to differentiate your B2B company

Tips to set your B2B company apart from the rest

How to differentiate your B2B company…

How to differentiate your B2B company

As a competitor in the business-to-business (B2B) world, you already have a leg up from your typical consumer-based business. B2B entrepreneurs provide products, services and solutions that keep other businesses afloat — and that puts you in an extremely valuable role. So how do you make sure you become a preferred vendor and set yourself about from the competition?

As Business News Daily describes it, “B2B companies are supportive enterprises that offer the things other businesses need to operate and grow.” You are an essential piece of the puzzle, but your industry is likely packed with copycats and similar organizations.

Here are a few ways to differentiate yourself from to convince more prospective clients that you are the right partner for their business:

Conduct a competitive analysis

Research your competitor’s strategies, strengths and weaknesses in comparison to your own. Then identify your gaps and clearly outline ways to improve. One great resource for this research is social media. Browse through competitor social networks and make a list of the keywords they use, hashtags, top followers, amount of activity and quality of engagement they receive from the same type of audience as your own.

Tools that may help you in this research stage include Hootsuite, Brandwatch, and Unmetric. And one you’re likely already quite familiar with is LinkedIn, which you can use in sleuthy ways to uncover clues and solve the mysteries of how your competition engages with their customers and prospects.

Create a top-notch website

In B2B sales, your website isn’t the only way you generate traffic, interest and revenue, but it is often the starting point and launching pad. There are several website must-haves to keep in mind. For one, determine the purpose of your website, such as generating leads and downloads or educating clients about your services.

Next, be sure your website messaging reflects that main goal. Provide meaningful (and relevant) content, follow along with an editorial calendar to stay active, and provide a consistent design. To do this effectively, find talent who can help you assemble a website that suits your business’ many needs, whether it’s someone to help streamline your site for mobile devices or a graphic designer to establish your brand with logos and graphics.

Improve your customer experience

How to differentiate your B2B company

Customer experience in B2B can often mean dealing with many people in one company, from front-line staff right up to the CEO. And put simply: The B2B buyers often hold the power.

Forbes contributor Blake Morgan explains that “the space is getting more competitive, so if a customer isn’t happy with the service they are receiving, they can take their business elsewhere.” Your ultimate goal is to get the customer to choose to do business with you. Take time to understand your target market as well as their own needs and goals so that you can create a personalized experience.

More and more B2B businesses are turning to technology as well to meet customer needs, such as help desk software, live chat and CRM software. These tools help resolve customer issues faster, provide a constant source of contact, and show your commitment to helping the customer meet or even exceed their goals.

Improve your public relations

Landing a sale isn’t as simple as making a single phone call. You have to go through various touchpoints and business contacts before a buying decision is made. In fact, most prospective businesses have entire teams of employees whose input ultimately goes into the final buying decision, so you could have an uphill battle.

A good way to reach such a large group is with public relations. You can accomplish this by being featured in a media venue that your target customers will see. Contact the managing editor and give them your best pitch.

Other ways to get your name and expertise out there are even simpler. As a starting point, it’s good to post regular blog articles formatted for SEO, publish press releases on your website, or even offering your insight on a new trend, product or service via a comment or post on industry websites, forums and LinkedIn groups.

Setting yourself up as a strong competitor is important if you want your business to succeed. While the B2B sector is unique, differentiating your business is achievable. It will take some hard work and dedication, but with patience and diligence, you’ll get your business where you want it to be.

How women can refresh their careers by becoming entrepreneurs

Could your career use a shot in the arm? Are you considering a venture of your very own? For women who feel they have climbed as high as they can in their current role, who aspire to be “more,” or who are simply ready for a change, entrepreneurialism can be an ideal solution.

Options abound

Do you have a clear vision you hope to pursue? For instance, maybe you have unique expertise to offer and could work as a consultant to other businesses, or maybe you have a thriving side gig and it’s time to transition to full-time.

On the other hand, maybe your path isn’t so clearly defined. Perhaps you have abundant leadership qualities, but you don’t have a certain place to exercise them.  People with ample confidence, who love to learn, and who believe in shaking things up often make the best entrepreneurs.

Narrowing choices

Determining a clear path for your business can feel pretty daunting, but sorting out your strengths and interests can help. For example, do you love doing work that makes the world a better place? There are several service-oriented careers to consider and by sorting out your interests, you can lay the groundwork to achieve your goals.  Here are some ideas:

Coaching: You could become a career coach, helping others pursue their hopes and dreams. In this case, unless you currently work in human resources, in an academic advising role, or another related field, you might want to start a side gig to gain experience before you quit your current position.

Continuing Education: Perhaps you have a knack for listening and communication. A career in speech pathology could be the perfect fit, and you can enroll in a master’s program with a bachelor’s degree in another field. By taking online courses, you can complete the bulk of your schooling while you’re still at your current job, which just leaves clinical work to do in person.

Combine Your Skills & Interests: If you love crunching numbers, perhaps you would enjoy freelance bookkeeping. In the role of bookkeeper, you help others not only with tallying their routine accounts, but you can help them find ways to stay on budget, identify places to cut costs, and avoid overspending. It’s easy to become established through platforms that connect freelancers and clients.

Grow Your Own Business: Do you love the idea of doing something research-oriented and creating your own business from that idea? Perhaps becoming a paralegal would be your ideal choice. There are several routes you can take, from earning a certificate to attending a four-year degree program. Once complete, Chron explains you can hang your own shingle as a freelance paralegal.

Identify barriers

There are many things that can hold us back from making a major career change. Do some thinking about what barriers could be keeping you from making the transition you desire.

For many women, financing can be a crucial hurdle to overcome. Thankfully, Hiscox points out there are numerous grants available designed specifically to help women entrepreneurs in their pursuit of success.

Do you lack both funds and an appropriate education? Explore grants and scholarships that are available to women who are returning to school.

Maybe the one thing you lack is connections or customers. If you need contacts with other professionals or need to develop a customer base, grab some solid networking strategies to build your business. Participate in events for founders, establish yourself on social media, attend industry conferences, and go to local events for business owners so others get to know you and what you offer.

There are many great options out there for women interested in starting their own businesses. Think about what you have to offer and what drives you, and narrow your focus so you can develop clear goals. With a set path, you can refresh your career with a satisfying entrepreneurial venture.

 

Image courtesy of Pixabay