RAYMUND FLANDEZ

Three Best Ways to Insure Your Small Business

Insuring your small business against a natural disaster, a fire or a catastrophic event is almost an afterthought in the scheme of daily operations, but it shouldn’t be. For starters, if you don’t have enough coverage to replace damaged or destroyed equipment, it might be harder – or impossible – to get your company running again. A quarter of businesses never re-open after a major calamity, according to the Institute for Business & Home Safety.Read More

Wall Street Journal

How to Create a Disaster Plan

No matter how good you are as a businessperson and manager, there will always be circumstances beyond your control that can affect your business. No one likes to think about such large-scale catastrophes as devastating hurricanes, earthquakes or — in today’s world — terrorist attacks. Fortunately, those events are rare, but smaller “disasters,” such as computer crashes and power outages, can wreak havoc on a small firm. Preparing for the worst can help minimize theRead More

Jana Kasperkevic

Medical marijuana in New York: Barriers High for Small Businesses

Medical marijuana is coming to New York state, and it could make some companies a fortune. But small business owners shouldn’t expect to make money from it. Providing New Yorkers with medical marijuana could be a profitable business for those savvy enough to get a license. Derek Peterson of Terra Tech, who ditched Morgan Stanley in 2012 to become a medical marijuana entrepreneur, says profit margins for the leafy business can be anywhere between 30%Read More

Robert Anderson, Customer Experience Manager of Business-in-a-Box

Document of the Week: Confidentiality Agreement for Your Small Business

What is a Confidentiality Agreement? A Confidentiality Agreement is a legally binding contract where a person or small business agrees not to disclose certain information with other people or businesses. This type of agreement is also known as a non-disclosure agreement or a NDA. When do you need a Confidentiality Agreement? In the course of doing small business, whether developing a product or marketing a service, a company inevitably has to enlist the help ofRead More

Modern Ghana Media Group

Former Small Business Entrepreneur Leah Kalanguka Poultry Farmer Crowned Miss Uganda

A former small business entrepreneur of mushroom and poultry farmer has been crowned Miss Uganda following a major rebranding of the annual beauty pageant, now designed to promote agriculture in the east African nation. Leah Kalanguka, 23, beat off 19 other finalists after a competition that saw the glamour of the catwalk ditched for an army-sponsored boot camp on a farm, where contestants had to milk cows and work with goats and sheep. “The youth willRead More

Darrell Zahorsky

Hottest Small Business Trends

Trend watching has emerged in big business as a discipline of business management and a popular topic among top media publications and futurists. Small business can benefit from trend watching, too. This week’s feature is on the hottest trends for business of all sizes. Trends are far easier to observe than time. Timing of entering into a growing trend market can be costly if the trend has yet to enter public consciousness. My personal experienceRead More

Anita Campbell

There’s No Such thing as “Perfect Work-Life Balance”

“Stop trying to achieve it all.” That bit of wisdom may sound surprising, coming from the head of the National Association of Women Business Owners (NAWBO). After all, you might expect the head of a prominent women’s business organization to advocate for trying to achieve everything you can possibly achieve. But Darla Beggs, the National President of NAWBO, is NOT saying women should stop pushing for business success or settle for something other than theirRead More

Joyce M. Rosenberg

What Issues Are Affecting Small Business Right Now?

Small Business owners have their fair share of issues they need to stay on top of. These days they can add three more to the list. Gas prices are plunging. Fears about the Ebola virus are increasing. And the upcoming elections are raising questions about what the new Congress is likely to do. All of these issues affect small businesses and can have positive or negative ramifications depending on the situation. Here’s a look at each:Read More

CNBC and KIMBERLY WEISUL

The State of Small Business and Eric Schurenberg Interview

Eric Schurenberg, President and Editor-in-Chief of Inc Magazine talks about essential leadership skills and the state of small business in America. The State of Small Biz in 2014? The Sky’s the Limit As usual, our Inc. 5000 folks are upbeat. But only, they say, if Washington cleans up its circus act. In the face of squabbling lawmakers, a government that seems to close for business every month or so, and an on-edge economy, two guysRead More

Kate Rogers

Young entrepreneur ‘gloves’ his way to $8 million mark—and beyond

Source: Justin Stephens Young entrepreneur Brian Lim, founder of EmazingLights.

Brian Lim isn’t your typical “glover.” What is “gloving,” exactly? Young Entrepreneur Lim didn’t know either, until his then girlfriend and now fiancee got him into the trend in 2010. Gloving is a form of dancing typically showcased at raves or large parties or festivals, and electronic dance music events. Dancers face off wearing gloves that have lights on the gloves’ fingertips. Lim, now 27, has the glove dance moves down, plus a multimillion-dollar business,Read More