Running a business is a marathon. At every step, business owners make mistakes. But mistakes often don’t make a business fail; instead, it is a business’s response to mistakes that makes the difference. Successful business owners know how to identify their mistakes, focus on what they could have done differently, and can develop a plan to prevent similar errors in the future. Use an Audit to Learn from Business Mistakes Plenty of business owners might think ‘audit’ is...

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There are dozens of business trends currently affecting the market. Among these trends is the rise of microbusinesses and solopreneurs. While not entirely new terms, you’ve undoubtedly heard them more than ever this year. With their newfound popularity, it’s important to understand each one and the lessons you can glean from them. What is a Microbusiness? There are small businesses, and then there are microbusinesses. A microbusiness usually has a very small number of employees,...

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2022 is turning out to be a strange year. Even though it is poised to be the first post-pandemic year with loosened mask mandates, and the return to the office in full swing, many questions can still puzzle potential entrepreneurs. The biggest question, which always resides within the back of the mind, is whether 2022 is the perfect time to launch a small business. What About Yesterday? There is an old saying: “the best time to plant a tree was twenty years ago, the second-best time is...

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