Are you a teenager or in your early 20s? Do you have a great business idea? Perhaps you’re already making headway towards starting your own business.
But how do you get others to believe in you and your business idea?
Here are eight surefire ways that you can be taken seriously as a young entrepreneur:
1. Have a Plan
Having a plan means knowing where you want to be and what steps you are going to take to get there. If you can’t communicate this to investors, vendors, distributors, employees, and so on, you will never be taken seriously.
NOTE: This blog is by Cassius Butts, SBA Regional Administrator
Being a supplier to a large business is a game changer. But, we know that small businesses often lack the capital, skills and access to market opportunities to be effective suppliers. We want to change that!
U.S. Deputy Secretary of Commerce Rebecca Blank today announced the 20 companies that will join her on an infrastructure business development trade mission to Sao Paulo, Brazil; Bogota, Colombia; and Panama City, Panama from May 12-18, 2013. The governments of these countries have each outlined ambitious infrastructure development plans for the years ahead, and this trade mission will help U.S.Read More
I came up with the phrase “crystal ball and chain” years ago to describe one predictable barrier to introducing a useful business planning process into an existing small business.
The phrase is intended to combine the crystal ball with the ball and chain. It happens because normal people, even good performers, and stars on a business team, naturally worry about changes. And when compensation is involved, and management structure, and raises and bonuses, it’s only natural to worry.
The Affordable Care Act includes new health care reform terms used to describe parts of the law that affect small business. Understanding what these terms mean can help both self-employed individuals and small employers better navigate the law and take advantage of reforms that are helping to lower premium costs and increase access to quality, affordable health insurance.
Here are seven terms in the Affordable Care Act that small businesses should know.
1. Affordable Insurance Exchange
Federal contracting with small businesses is a win-win. Every year, the U.S. government awards nearly $100 billion in federal contracts to small businesses, allowing these businesses to grow their revenues and create jobs right here at home. Meanwhile, the federal government gets the chance to work with some of the most responsive, innovative and nimble companies in the United States.
Interested in greening your business? Today is Earth Day 2013, so what better time to consider ways in which your business can play its part in saving the planet and reaping the cost benefits of operating more sustainably.
Plug In to the Global Economy: How Technology Impacts Trade
How does technology impact international trade? And how can it help your small business? This year’s 40th Annual World Trade Day on Thursday, May 16, 2013 gives businesses the chance to ask just that and to discover how recent innovations in technology can facilitate their operations and bolster their bottom line. From supply-chain management to social media marketing and team collaboration, there are a multitude of new technology tools that allow small businesses to do more across the globe than ever before.
Going green isn’t just good for the environment—it can be great for your business as well! Companies known for proactive environmental policies often find that their reputation as a green business allows them to better attract and retain high quality employees, improve community relations, and strengthen customer loyalty.
Deputy Secretary of Commerce Rebecca Blank today highlighted the newly-announced “Investing in Manufacturing Communities Partnership,” an Obama Administration initiative that will help accelerate the resurgence of manufacturing and create jobs in cities across the country.This effort rewards communities that demonstrate their plans to attract and expand manufacturing in their area, using targeted investments in workforce training, infrastructure, research, and other key assets.Deputy Secretary Blank unveiled the initiative this week and visited Hexcel Corporation today, which is located inRead More