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5 Scary Mistakes Made by Small Businesses (Halloween Theme)

People make mistakes. Small business owners are no exception. There is no doubt that you will make a few errors in judgement and strategic mistakes as you grow your business. It’s part of the process. The key is to keep the big mistakes to a minimum and learn from them.

Why Consultants Need Consultants

Consultants need consultants, too. This may sound like a strange statement, but when you break it down it is actually great business advice. As a consultant, you are hired by business and individuals because you possess knowledge, experience, and skills in a specific area that can help them.

 

Therefore, you should hire people for the same reason they are hiring you – because they offer a specialized skill-set that can help you with your consulting business.

 

You Can’t Be a Jack-of-All-Trades – Play to Your Strengths

 

As a freelance consultant, especially when first starting out and money is tight, many fall into the habit of being a jack-of-all-trades. The problem with this is that some professionals stay this way, even when they can afford to hire additional help. Trying to do everything yourself will wear you down eventually...

Making the Most of Lulls in Business

If your business doesn’t specialize in a warm weather product or service offering, the odds are that you experience a downward trend during the summer.

 

Business Lulls Are an Opportunity to Recharge

 

For small business owners this is an opportunity to take time to recover and recharge from busier periods during the year. It’s the perfect time to take a vacation, reduce working hours during the day, or cut out early on Fridays when the weather is nice and the beach is calling your name.

 

Read: The Working Vacation – A Realistic Option for Small Business Owners

 

They Are Also an Opportunity to Get Ahead

 

However, when business is quiet, it’s also an opportunity to catch up on things you don’t have time for when you are busy with clients. You know, the blog posts you have been meaning to get around to eventually...

 

How to Transition from Employee to Independent Consultant

Becoming an independent consultant is a career goal for many professionals. Once you get your degree and work for a number of years in your field, there comes a time when you have the experience, skills, and network to do things on your own terms.

However, making the transition requires careful planning and consideration. As we have discussed previously in When Is the Time Right to Quit Your Full Time Job?:

“Working on a business part time is one thing, but actually making the leap to running a business full time without the safety net of your full time job is a HUGE step to take. It’s not a decision you should make lightly, and there are a number of important considerations you need to take into account.”

Making the transition from employee to independent consultant is very similar.

 

 

6 Ways to Add Credibility to Your Consulting Business Website

If you want to be successful as a consultant, you need to establish yourself as an expert in your industry. Your clients hire you not because you’re a consultant, but because you are an expert in an area they need help with in their business.

To compete in your industry, whether it’s marketing, finance, law, or any other, you need to have CREDIBILITY. Without credibility, people won’t trust your expertise and they won’t call upon your consulting services. Today, this starts with a solid website and online presence.

Check out: Starting A Business Blog

Why a Trustworthy Website Matters

The first thing a potential client is going to do when they are looking to hire a consultant is check them out online. Therefore, if you’re not online, you are already out of the running. If a potential client does visit your website,

The State of Entrepreneurship in Canada

Now that we are back in action after a much need Canada Day long weekend, we thought it would be great to kick off the month of our great country’s birthday by taking a look at the state of entrepreneurship in Canada.

We have some good news to report – Entrepreneurship is alive and well in Canada.

Canadians Are Entrepreneurial Minded

Entrepreneurship in Canada has never been stronger. According to research by the Centre for Innovation Studies, Canada is ranked second in the world in terms of entrepreneurial activity. This is great news for start-ups, small businesses and professionals considering going out on their own. There has never been more opportunity and resources to help you make it on your own.

Currently, about 13% of the working population are engaged in entrepreneurial activity, with only the United States ranking higher.

4 Vital Components That Lead to Start-up Success

Dream of being your own boss? Have a great business idea but not sure where to begin? Getting off to a good start and doing things the right way is essential. With the excitement of starting a new business venture, many have a tendency to rush the process. You want to open your doors and start serving your customers. We get this! But taking a little extra time, being a little more thorough, and not letting your drive and excitement get the best of you will pay off in the long term.

Here are four vital components that lead to start-up success:

1. Be passionate about your business idea
Most great business ideas are rooted in passion. Passion is contagious, and it is one of the key things that will not only help you sell your products/services and connect with your customers,

When Is the Time Right to Quit Your Full Time Job?

Making the transition from a full time employee to a small business owner is something that many people dream about all the time. Some people have great ideas, others have business plans, and many operate a business on the side in their spare time, hoping to one day make the leap from part time projects to full time business.

Working on a business part time is one thing, but actually making the leap to running a business full time without the safety net of your full time job is a HUGE step to take. It’s not a decision you should make lightly, and there are a number of important considerations you need to take into account.

Before you up and quit your job to focus on running your business, you need to consider the benefits and potential drawbacks of taking the leap of faith.