Women Entrepreneurs

Mistakes Women Make when Starting a Business - News4Jax.com

Date
Fri, 2013-10-25 12:46

Ever dream of being your own boss? Apparently a lot of women are not only dreaming, but doing.  There are now 8.6 million women-owned new businesses in the United States, which is  up 59 percent over the past decade and a half.  But do those new ventures have real staying power?  Experts say it's important to know the top mistakes entrepreneurs make and how to avoid them.

 

The holiday season is upon us and with it the frenzy and joy of holiday profits.

According to eMarketer, U.S. retail ecommerce sales will grow more than 15 percent this year to $61.8 billion, up from $53.7 billion in the 2012 holiday season and $46.6 billion in the 2011 holiday season. Are you ready to take your share? Or more important, is your website ready?

The holiday season is upon us and with it the frenzy and joy of holiday profits. According to eMarketer, U.S. retail ecommerce sales will grow more than 15 percent this year to $61.8 billion, up from $53.7 billion in the 2012 holiday season and $46.6 billion in the 2011 holiday season. Are you ready to take your share? Or more important, is your website ready? Here are four things to check are in order:

About the Author

Rieva Lesonsky, Co-Founder GrowBiz Media and SmallBizDaily.comRieva Lesonsky is CEO of GrowBiz Media, a media company that helps entrepreneurs start and grow their businesses. Follow Rieva at twitter.com/rieva and visit her blog at SmallBizDaily.com.

Visit her website SmallBizTrendCast to get the scoop on business trends and sign up for Rieva’s free TrendCast reports.

       I’ve been approached by a lead generation service. Do they really work, and if not, what other means of generating leads can you suggest?

About the Author

       This column is brought to you by the Merrimack Valley Chapter of SCORE, with nearly 70 current and former business executives available to provide free, confidential, one-on-one business mentoring and training workshops for area businesses. Call 603-666-7561 or visit merrimackvalley.score.org for information on mentoring, upcoming workshops and volunteer opportunities. SCORE is a national, non-profit organization and a resource partner of the U. S. Small Business Administration.

       Have a question you’d like answered in this column? E-mail it to info@score-manchester.org, with “Ask SCORE” in the subject line.

Today’s business world is highly competitive and changing all the time. And for business owners, that means new ideas for adapting to change and beating the competition are essential to success. 

Today’s business world is highly competitive and changing all the time. And for business owners, that means new ideas for adapting to change and beating the competition are essential to success.
 

About the Author

Daniel Kehrer headshotDaniel Kehrer, Founder & Managing Director of BizBest Media Corp., is a nationally-known, award-winning expert on small and local business, start-ups, content marketing, entrepreneurship and social media, with an MBA from UCLA/Anderson. Read more of Daniel's tips at www.BizBest.com, follow him at www.twitter.com/140Main and connect on LinkedIn at www.linkedin.com/in/danielkehrer.
BizBest

Get Started with Importing or Exporting

The world market is no longer just for big business. The smallest mom and pop store can now reach customers internationally as easy as those down the street. Trade has become an essential part of small business.

Deep Sengupta has advised the President on international business. He has shaped the current export reforms for businesses in the United States. Deep learned his trade from the University of Washington and Harvard University. He will answer the burning questions that small businesses have about expanding their business overseas and taking advantage of the booming international market.

Q:

What role do US-based small businesses play in today’s global marketplace?

US-based small businesses play a huge role in the global marketplace. 

About the Author

Deep Sengupta - TCAS Principal at FedEx Trade Networks Trade Services Inc.

Chiradeep (commonly referred to as Deep) is a TCAS Principal at FedEx Trade Networks Trade Services Inc.  Deep is responsible for relationships with international governments, international trade promotion agencies and trade associations. Deep obtained his basic legal training (LL.B) in India and then obtained a Masters in Law-Taxation (LL.M) from the University of Washington - School of Law (2001) in Seattle, WA where he won the Graduate Tax program Merit Scholarship.  Deep has also received executive education on International Trade from Harvard University’s Kennedy School. In February 2011, Deep was appointed by the U.S Secretary of Commerce to the President’s Export Council Subcommittee on Export administration (PECSEA) to advise the Obama administration on its export control reform efforts.

 

Steve Strauss looks at the trend that is dominating the world, Entrepreneurship.

Faithful readers of this column (thank you very much!) know that every year I post a two-part Top Trends in Small Business piece. It is always interesting to see what is coming down the pike, and it is equally interesting to notice how much, and how little, the list changes every year.

Cupcake Maker Opens Two Shops with Help of Mentor - Hanah Cho

Date
Thu, 2013-10-10 15:44

It can be challenging enough to open one retail shop, let alone two within six months.

But that’s what Antoinette Lafayette did with her business, Pink Frosting Cupcakes in Coppell and Irving. Lafayette felt confident enough to take a risk on a second location so quickly because she was prepared for the opportunity.

“Because I planned so well for it, I had a great chance of succeeding,” she said of starting her new business. “I refused to open the door until I went over everything.”

       I started my refrigeration repair business six months ago and am now at the point of 
needing to interview candidates for my first employee. I’ve never done this before. What tips can 
you offer?

About the Author

       This column is brought to you by the Merrimack Valley Chapter of SCORE, with nearly 70 current and former business executives available to provide free, confidential, one-on-one business mentoring and training workshops for area businesses. Call 603-666-7561 or visit merrimackvalley.score.org for information on mentoring, upcoming workshops and volunteer opportunities. SCORE is a national, non-profit organization and a resource partner of the U. S. Small Business Administration.
       Have a question you’d like answered in this column? E-mail it to info@score-manchester.org, with “Ask SCORE” in the subject line.

Here’s One Business Where Dessert Always Comes First

Date
Fri, 2013-09-27 12:30

Entrepreneur Taren Kinebrew has found her ‘sweet spot’ with small, exquisitely decorated and delicious desserts. The owner of Sweet Petit Desserts and winner of a 2012 Bad Girl Ventures $25,000 business loan, Kinebrew is using the money to move from a home-based business in North Avondale to an Over-The-Rhine storefront at 1426 Race St. in October.

The four-year-old company is SCORE’s September Client of the Month.

SCORE ExpertAnswers

No matter the small business, each entrepreneur faces one similar issue: Pricing. Are you out pricing your customers? Are you under pricing yourself? Is the difference between a year in the red or the black as simple as your price tag? This month SCORE helps you find the answers to these questions.

Few people are better qualified to discuss this issue than Ann Logue, who spent 12 years as a financial market analyst before turning her talents to writing. She also shares her expertise as a lecturer in finance at the University of Illinois at Chicago, teaching both undergraduate and MBA students about corporation finance and international financial markets. Ann will go over the finer points of pricing to help you maximize your pricing for profitability. 

Q:

Pricing is something that all small businesses wrestle with, particularly those just getting started. What are the fundamentals for determining the ideal price for a product or service?

About the Author

Ann Logue - Author and Business Analyst

Ann Logue is a freelance writer and consulting analyst who is fascinated by business and technology. She has a particular interest in regulatory issues and corporate governance. She is the author of Emerging Markets for Dummies, Socially Responsible Investing for Dummies, Day Trading for Dummies, and Hedge Funds for Dummies, and has written for Barron’s, InvestHedge, Newsweek Japan, and BusinessWeek Chicago, among other publications. As an editor and ghostwriter, she worked on a book published by the International Monetary Fund and another by a Wall Street currency strategist. She is a lecturer in finance at the University of Illinois at Chicago. Her current career follows 12 years of experience as an investment analyst. She holds a B.A. from Northwestern University, an M.B.A. from the University of Chicago, and the Chartered Financial Analyst designation.

 

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