Hiscox’s 8th annual DNA of an Entrepreneur Study reveals a strong bullish streak among entrepreneurs. The report, which pulls data from more than 1,000 US entrepreneurs, indicates that small business growth is surging, with 70% reporting a growth in revenue, 68% reporting a growth in profits, and 73% adding new customers. Despite this good news, a notable number of entrepreneurs are clearly dissatisfied with the political landscape.
Tag Archives: small business
Dipesh Patel has done what most people dream of doing but few actually do: Quit their day job to start their own business. He scratched that insatiable entrepreneurial itch to successfully launch his own technology consulting firm.
While it may be more challenging to remain hands-on as your company grows, it’s also more important to do so. Understanding what is going on in every department of your business is critical if you want to continue to expand.
You currently run a small business and are looking for ways to cut corners. You want to focus on spending less and earning more because that is how you will grow your business in the future. Obviously, one way to cut down costs is to make sure you have business insurance that is tailored only to your company’s needs. After that, if you have noticed that the amount of money you spend on printing each month is ridiculously high and continues to become more expensive, you will want to take the right steps to reduce the cost and save a lot of money.
Sometimes entrepreneurs need to get creative with small business financing. Crowdfunding is one of those creative options. But how does it work and how can you use it in your business?