You’ve heard the news: the gig economy is booming in numbers and 35% of people now have a somewhat regular side hustle. Perhaps you have a friend who is a graphic designer by day, and a yoga teacher on the weekends. Or some colleague of yours...
Cash flow. We all look at this number on a personal level when we set up our personal budgets. How much income do we have coming in each month, what our bills are, and how much we have left over to do other things? Usually,...
Every business owner has to track the financials. You need to know how your venture is performing, and if there is enough profit to make the business worthwhile in the first place. And, what’s more important, you need income to scale and grow your company...
Unless you are living on a desert island or without Internet, you have heard of PayPal. It has become, in fact, the most well-known online payment processor out there. And according to its own data, it now has 87 million+ accounts, housed in 190 markets,...
If you have been doing business for a while, you know that there’s no such thing as the ‘average customer’. Brands have more chances to sell to a very specific type of a person. While companies that market to a general audience rarely have much...
Inventory. It’s always an issue with a business. Whether a company is bringing in and storing finished products for resale or holding raw materials, products in process, and finished products, inventory is both an asset and a liability. An inventory is an asset if it is...
There are so many things that you are ‘supposed’ to do to make your ecommerce venture a success. You have to come up with a memorable business name, get your website up and running, set up social media profiles, craft catchy product descriptions and figure...
Instagram has become a prime sales avenue for e-commerce brands and savvy entrepreneurs who know how to shoot great visuals, write persuasive Instagram captions, and artfully curate their stock. People come to Instagram in a somewhat shoppable state-of-mind. Per Instagram, 60% of users admit to regularly...
As an entrepreneur, when starting a business, you have two choices: You can begin from scratch. This means you will take your idea, research its marketability, create a business plan, possibly develop an MVP, set up a website, get on social media, build an email list,...
Choosing a name for your business can be a more complex task than you imagine. First of all, you want a name that fits your niche. You’ve also got to be certain that nobody else is using it, and that the domain name is available and...