4. A farm is a business . If you don’t want to run a business, consider gardening or homesteading instead. You will have to understand such things as profit and loss, assets and liabilities, and supply and demand and do basic bookkeeping. If these things scare you, that’s okay, but be willing to learn about them. 5. A farmer need not be poor. It is reasonable…
While it’s good to be in tune with your gut instinct, you cannot rely entirely on your gut alone. You need to develop a sound process for making those tough decisions. So, what are the secrets to great decision making? Spring is the perfect excuse to hunker down and learn new skills for your small business. This month’s focus is on digital marketing, business…
Business Continuity Impact Analysis Business continuity impact analysis identifies the effects resulting from disruption of business functions and processes. It also uses information to make decisions about recovery priorities and strategies. The Operational & Financial Impacts worksheet can be used to capture this information as discussed in Business…
Profit-sharing? You want me to share my hard-earned profits with people who haven’t invested any capital in my company? Yes, perhaps. Profit-sharing can increase employee productivity and morale while decreasing turnover, among other benefits. Here’s a look at whether this strategy could work for your small business. Ins and Outs of Profit-Sharing According to…
Insurance coverage is available for every conceivable risk your business might face. Cost and amount of coverage of policies vary among insurers. You should discuss your specific business risks and the types of insurance available with your insurance agent or broker. Your agency can advise you on the exact types of insurance you should consider purchasing. General…
When you first start a business, you’re often not thinking more than a couple of years ahead. Your motivation might simply be, “I need some work to put food on the table, ” or “I don’t want to work for someone else, so this is what I need to do.” A great opportunity might come up, and you need to jump on it fast. But as the years go by and the initial stress…
How to Write an Effective Business Plan Business plans are an essential tool for any small business owner. Whether starting a new business, raising funds or growing your business, making sure you have the right business plan for the task at hand is the key to achieving your goal. The Florida SBDC at USF can help in more ways than one. No-cost Business Plan Consulting…
Fine dining restaurants gain competitive advantages by creating seamless dining experiences. Thinkstock Images/Comstock/Getty Images A fast food restaurant consists of a business model that serves food usually prepared in a specific way, such as hamburgers and cold sandwiches. You can choose to start your own fast food restaurant or you can choose to acquire…
Kaiser Permanente has new plans for 2016 that offer small group employers value, choice, and quality. Options include level of coverage, provider network, and how costs are shared between plan members and the health plan. Learn more about plan-specific benefit information, network definitions, and plan choices in these documents: Coverage Documents See Certificate…
Credit: vinnstock/Shutterstock Offering a company-sponsored retirement savings plan has benefits that extend beyond your own well-being. Considering that only 14 percent of small businesses offer any sort of retirement plan for their employees, you can distinguish your business and attract top talent by providing this incentive. Though certain types of plans…
Starting a new entrepreneurial endeavor is always exciting but the hard part is making a business successful. That requires a clear vision and the people and resources to implement it. To acquire those resources, you need a business plan to explain the transformation from your vision into reality. For many people, making an idea come true isn t intimidating…
How does the Affordable Care Act Affect Small Businesses But prepare to do some math. First, determine your SHOP eligibility. As noted above you must have 50 or fewer full-time equivalent employees (FTEs). And, to use the Federal marketplace (Healthcare.gov) you have to do business in the United States. Affordable Care Act SHOP Employee Head Count Now, we’re…
Mini-grocery stores often specialize in selling certain food items. Jupiterimages/Brand X Pictures/Getty Images When people are looking for specialty foods or ingredients that can t be found at the corner store or neighborhood supermarket, they typically head to small grocers, also called mini-grocery stores. Such retail establishments sell food and items that…
Health insurance is expensive, complicated, and sensitive-a lot can go wrong. But is a must if you re looking to grow. It can help, improve productivity by, and might even save you some money with . (Not to mention, if you have 50 or more full-time employees, you legally have to offer health insurance. Perhaps this could change next year, but for now, let s assume…
Introduction Fosse Commercial Contractors LLC is a small construction company formed from the merger of Fosse Painting & General Construction and West General Contractors. The company has successfully operated in the Houston area for the past ten years working on both small and large scale construction, repair, and alteration projects focusing on residential…
If you ve decided to start a small farm business raising chickens for meat, you re probably wondering where to begin. Sure, get some chicks, raise them to slaughtering size, process them or get them processed, and sell them, right? Sounds easy. But organizing your chicken broiler business takes some work. Follow these steps and you ll be off and running - and…
Fresin Fries is a locally owned fast food outlet that will be positioned as an international franchise through our creative approach to the company s image and detail presentation. Fresin Fries will provide a combination of excellent food at value pricing, with fun packaging and atmosphere. Fresin Fries is the answer to an increasing demand for snack-type fast…
Sarrica s Market is a new business located in downtown Moab, Utah. The store is an upscale international grocery and delicatessen with a distinct menu that includes authentic, hard to find ingredients from around the country and the world. The facility will include a sixteen person capacity eating area, deli/kitchen with counter and check out area, grocery/gift…
If your first thought when hearing the words business plan is yuck , then you re not alone. For most people, the thought of writing a business plan brings up painful memories of past homework assignments and many online store owners view them as something only real world businesses and Silicon Valley startups need. And lets face it, there s all that fun…
Introduction MillenniumMart is the convenience store of the 21st Century future, fulfilling a need that will continue to exist into the future - the need for speed. MillenniumMart will be the first fully automated, 24 hour convenience store that is more like an enormous dispensing machine than the traditional store. The company expects to capture market share…
Small business owners have many critical priorities, such as growing their business, making a profit, managing taxes, and attracting and rewarding valuable employees. A small business retirement plan may help them achieve these objectives. Most small business plans are easy to start up, inexpensive to run, and simple to manage. What is a small business retirement…
Trend Setters is a full-service beauty salon dedicated to consistently providing high customer satisfaction by rendering excellent service, quality products, and furnishing an enjoyable atmosphere at an acceptable price/value relationship. We will also maintain a friendly, fair, and creative work environment, which respects diversity, ideas, and hard work. Our…
Mixed Greens Salad Gardens (MGSG) is an exciting new company that meets an unsatiated need for quality salad greens. The close proximity to Eugene ensures a steady flow of customers. MGSG is a start-up grower and distributor of exotic salad greens for restaurants and individual consumers. MGSG is located in Blue River, Oregon and serves the southern Willamette…
Low Costs An Event Planner can work from almost anywhere if you have a laptop, internet and mobile phone. Most important are your personality and event management skills. Starting out by working from home keeps costs lower as renting office space can be a huge outgoing for a fledgling business and you may not wish to be tied into a long term rent contract from…
