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Run & Grow

How to Turn Your Passion Into Profit

Start with the conviction of your vision and then do the work to fill in the gaps

After her father experienced a severe brain injury in 2005, Robin Gentry McGee was determined to save his life. Due to the severity of his condition, she and her family were advised to discontinue life support. In order to make peace with this, she ...

by Candace Sjogren  | May 06, 2019 06:00:00
Run & Grow

3 Ways To Put Your Customers' Needs First -- And Increase Your Profits in the Process

How to build a brand that thrives when customers succeed

When my company fails to make a sale I feel sick to my stomach, but not for the reasons you might think.No, I’m not some greedy businessman, nor some scammy internet marketer living in my parents' basement. My squirrelly stomach happens because ...

by CJ Forse  | April 18, 2019 06:00:00
Run & Grow

5 Ways Entrepreneurs Can Combine Profit and Purpose

How to help your business do good and well at the same time

Depending on your background and skills, you may feel limited about which area you decide to go into. However, this shouldn't always be the case. The key is to pick an industry that has a real, tangible impact on the world.For example, ...

by Chirag Kulkarni  | September 25, 2017 12:00:00
Run & Grow

10 Ways You Should Invest Your Company's First Profits

When the company finally starts making money, invest it so that it keeps making money

You may have heard of the tradition of saving your first dollar from your first sale. Mom and pop stores have them framed near cash registers or tucked lovingly into office drawers. It serves as a symbol for the toil and joy ...

by John Boitnott  | February 02, 2017 12:00:00
Startup Tips

7 problems preventing your business from being profitable

Low prices, excessive ongoing costs, inconsistent revenues ”" what's your business' core issue?

There are many reasons to become an entrepreneur, but no matter what yours are, even if they don’t include getting rich, your business still needs to generate a profit.Without one, you can’t keep the doors open, and you can’t keep doing what you ...

by Jayson Demers  | November 23, 2016 05:00:00
Startup Tips

The 4 easiest ways to make your business make more money

Is the business earning? You’re in business only if your answer is ”?"yes”.

Every entrepreneur goes into business for the purpose of making profit. You need to make a profit. Otherwise, you’re not a business – you’re a charity.Still, despite this obvious rule, some wannabe entrepreneurs get lost along the way. They get caught up in the "busyness" of ...

by Sujan Patel  | August 18, 2016 02:00:00
Run & Grow

OFW Advice (Part 5): Take taxes into consideration

Arm yourself with a little knowledge, so tax expenses won’t become the downfall of your business

If you are an OFW thinking of using your hard-earned earnings to put up your own business here in the Philippines, probably the most important piece of advice I can give you is this:  Do NOT overlook the BIR and the effect ...

by Entrepreneur Staff  | July 22, 2016 03:00:00
Startup Tips

Financial Adviser: Should I reinvest excess cash into the business?

Don't make the mistake of investing excess cash indiscriminately.

Q: The startup business I launched 18 months ago has been doing well. It has generated good profits despite the heavy competition in the market. As the business grows, should I reinvest excess cash from profits into the business? Or should I ...

by Henry Ong  | March 22, 2016 10:00:00
Startup Tips

No money to start a business? No problem. Try these 5 options.

Find out how you can put up a business even with little to no capital in more ways than one.

You might be limited to a strict budget when you want to start a business, but that doesn’t mean you don’t have any options. It is possible to start a business with very little money, if you have the right combination of ...

by Sujan Patel  | July 14, 2015 12:00:00
Run & Grow

5 ways to keep cash flow pumping

Consider these tips when managing the finances of your business.

For start-up business owners, one of the biggest--and most common--mistakes you can make is to place other business goals ahead of your company's cash flow.While it's important to spend time on building your brand and generating sales leads, it's downright vital to ...

by Brad Sugars and Brad Sugars  | May 11, 2015 03:30:00
Startup Tips

5 reasons you should consider becoming an entrepreneur

Now is the best time to become your own boss. If you are not convinced yet, here are five reasons why you should jump into entrepreneurship soon.

Entrepreneurship isn’t for everyone, but if you do have the bug to experience freedom and still generate income, it can lead to an amazing life. You get to set your own schedule, you get to call the shots, and answer to yourself.Each ...

by Kimanzi Constable  | January 15, 2015 10:00:00
Startup Tips

Effective pricing: Factors to be considered

How should entrepreneurs put price tags on their products/services? Here are the factors that have to be considered for effective pricing.

by Christele J. Amoyan  | May 09, 2014 08:00:00
Startup Tips

Working model

Running a gas station can be a daunting task, but this engineer lends his keys to unlocking a successful franchise. Learn a few strategies on how to effectively manage a franchised gasoline business.

Growing up in a family of successful gasoline dealers, Engr. Oscar “Choy” Cammayo Jr. is not new to the fuel industry. His familiarity with the petroleum business and his innate entrepreneurial spirit encouraged him to jump into franchising a gas station of ...

by Cathie Carpio  | February 17, 2014 12:00:00