Running a small business is tough, and it requires a lot of hard work and dedication. It’s no surprise that entrepreneurs often struggle to keep up with the ever-changing industry trends and best practices. Fortunately, many experts have shared their extensive knowledge on the topic, which can help new small business owners succeed. Here are five must-read small business articles for new entrepreneurs.
1. “10 Reasons Why Small Businesses Fail” by Eric T. Wagner
In this article, Eric T. Wagner outlines some of the most common reasons why small businesses fail, including inadequate cash flow, a lack of market understanding, and poor management. Wagner’s advice on how to avoid these pitfalls is practical and actionable, making this a must-read for anyone starting a new business.
2. “5 Small Business Marketing Trends to Watch in 2021” by Mike Kappel
The marketing landscape is continually changing, and small business owners need to keep up with the latest trends to stay ahead of the competition. Mike Kappel’s article on the top five small business marketing trends to watch in 2021 is a valuable resource for entrepreneurs who want to make the most of their marketing budget.
3. “The Ultimate Guide to Building a Successful E-commerce Business” by Shopify
Selling products online has never been more accessible, thanks to platforms like Shopify. However, building a successful e-commerce business requires a lot of effort and planning. Shopify’s comprehensive guide covers everything from choosing the right e-commerce platform to creating a marketing plan and fulfilling orders. If you’re planning to launch an e-commerce business, this guide is a must-read.
4. “How to Build Your Small Business Team” by Brian Hughes
As your small business grows, you’ll need to hire a team of employees to help you run the business. Brian Hughes’ article on how to build a small business team provides practical advice on identifying the skills you need, creating job descriptions, interviewing candidates, and managing your new team. Whether you’re already hiring or planning to do so in the future, this article is an excellent resource.
5. “Small Business Accounting and Bookkeeping” by QuickBooks
Keeping accurate financial records is a critical aspect of running a small business. QuickBooks’ comprehensive guide covers everything from setting up your bookkeeping system to managing cash flow and filing taxes. If accounting isn’t your strong suit, this guide is a must-read to ensure your financials are in order.
In conclusion, these five articles cover essential aspects of starting and running a successful small business. By taking the time to read and apply the insights shared by these experts, new entrepreneurs can increase their chances of success. Remember that running a business is a learning process, but with the right knowledge and dedication, anyone can build a thriving company.
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