Are All Small Businesses Doomed Because Of The Pandemic?
Are all small businesses doomed because of the Covid-19 pandemic? Absolutely not. Will many small businesses fail because of the pandemic? Yes, they will. The…
Startup Basics – How To Do A Simple Break-even Analysis
It’s amazing how many startup entrepreneurs do not take the relatively simple, but very important step of doing a basic break-even analysis on their business.…
As an Entrepreneur, a Detailed Understanding of Your Cost Structure is Key
One of the most common afflictions I’ve seen in companies that get themselves into trouble, is that they do not understand their cost structure. In…
As a Small Business Keep Fixed Costs Low, Especially Initially
It is important to keep fixed costs low at the beginning of your venture! It is hard to over-emphasize the importance of this one. Almost…