Globally, the median amount required to start a business is $15,000, but 29% of businesses fail when the owner runs out of money. That’s because 82% of startup funding comes directly from the owners or their families. Only one out of 100 entrepreneurs will ever get venture capital to help make their businesses successful. [Tweet "Only 1 in 100 entrepreneurs will get venture … [Read more...]
How to Boost Sales on Instagram
We've talked about getting more followers on Pinterest on Women on Business, but what about Instagram? How can you get more followers to your business Instagram profile and convert those followers into paying customers? In other words, how do you close sales on Instagram? You might not think of Instagram as a sales channel, but more and more businesses are using it to … [Read more...]
7 Deadly Financial Management Mistakes – Infographic
Financial management is a challenge for many small business owners. However, ineffective financial management can have a direct, negative impact on your bottom-line and your ability to grow profits in the future. It's imperative that you prioritize financial management for your business. According to an infographic from Intacct (shown at the end of this article), there are … [Read more...]
Harnessing the Power of On-Hold Marketing
Nearly all businesses these days have some form of on-hold marketing. Generally though, it is not very well thought out and is used purely to fill the waiting time between when a customer calls and when the customer finally gets through to speak to you. Your business may be missing a big opportunity to utilize this important window of opportunity to more effectively promote … [Read more...]
The Trademark Application Process Takes Longer Than You Think [Infographic]
Did you know that it could take anywhere from seven months to more than two years to get a federal trademark registration? A new Trademark Timeline infographic from Innovation to Profits (shown below) reveals that there are three primary things that can cause delays in the trademark registration process: 1. Office Actions These come from the examining attorney at the U.S. … [Read more...]
Cost Savings of Telecommuting Would Be Over $1 Trillion Per Year
If U.S. employees with compatible jobs (meaning they could work from home) worked remotely for just half the year, the national savings would be greater than $700 billion according to a new infographic from Sure Payroll (below). The Monetary Benefit of Telecommuting to the Nation But what if those employees worked from home all the time? That cost savings would double to over … [Read more...]
Women in Tech are Making Their Mark – Infographic
Marissa Mayer, Sheryl Sandberg, and Meg Whitman may be the leading faces for "Women In Tech," but how does their celebrity translate for other women in the field? Sadly, not as well as you might think. For example, did you know that although women hold 57% of all the jobs in the workforce, they only hold 25% of the jobs in the computing/technology industry? Fortunately, … [Read more...]
The Profile of an Entrepreneur – Do You Match? [Infographic]
Do you match the profile of an entrepreneur? TechnologyAdvice CEO Rob Bellenfant and his research team analyzed the defining personal characteristics and habits of entrepreneurs and compared the results to the general population. As the infographic below shows, the results are very interesting. For example, some highlights include: The average entrepreneur works 66 hours … [Read more...]
Corporate Diversity Yields Positive Bottom-Line Results – Infographic
Research has found again and again that a diverse team is a strong team capable of driving better bottom-line results than a non-diverse team. A new infographic from Adecco (shown at the end of this article) provides a timeline of workplace diversity as well as some key statistics that prove how important diversity is to company success. As you'll see from the numbers, … [Read more...]
6 Traits Of A Successful Salesperson
Have you ever met someone that you thought was born to be a salesperson? You might longingly look at that person wishing you had that gift. It might look like being a born sales person is what it takes, but becoming a really good salesperson is a skill that anyone can achieve. You just need to be motivated and have the right direction. Many times we think of sales in a … [Read more...]