Getting Started
New to home-based business? Learn about the essentials of setting up and running a successful business from home, including choosing the right business structure and tools.
2,070 topics in this forum
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Facebook is enhancing the way fans engage with their favorite creators, introducing new features designed to deepen connections and foster community. This update promises to be particularly beneficial for small business owners looking to harness the power of social media, connecting with audiences and building their brand. One of the standout features is the introduction of fan challenges, encouraging users to create and share content that aligns with specific prompts from creators they admire. Small business owners can capitalize on this by launching their own challenges relevant to their products or services. By encouraging customers to participate, companies can gener…
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Facebook has rolled out significant updates designed to streamline user interaction and enhance content creation, and this could present valuable opportunities for small business owners seeking to leverage the platform for growth. One of the standout features in this update is a smarter, cleaner Feed. Facebook aims to make it easier for users to engage with content that matters. The updates will standardize how multiple photos are displayed in a grid format, which not only makes posts more visually appealing but also simplifies interaction. Double-tapping to like a photo can increase engagement for businesses showcasing products or services. According to Facebook, the “F…
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When considering a Warehouse Management System (WMS), several key factors affect pricing that you should be aware of. The type of deployment—whether cloud-based or on-premise—can lead to significant differences in initial costs. Furthermore, the level of automation, including robotics or real-time tracking, influences overall expenses. Customizations designed for your specific needs play a critical role. Comprehending these elements is crucial as you evaluate options, but there’s more to uncover about hidden costs and industry-specific pricing. Key Takeaways The choice between perpetual licenses and subscription models significantly impacts the initial cost and long-t…
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A Fair Lawn, New Jersey, company, Ulma Form Works, Inc., known for its concrete formwork and scaffolding systems, has agreed to a significant settlement in a case involving alleged misuse of Paycheck Protection Program (PPP) funds. This resolution highlights essential considerations for small business owners navigating the complexities of federal loans during uncertain economic times. In January 2021, Ulma applied for and received a $2 million PPP loan, a lifeline for many small businesses struggling due to the pandemic. However, the criteria set by the PPP program, particularly the employee limit of 300, proved crucial in this case. The False Claims Act allegations indi…
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Ferrero North America has launched the 2025 Famous Amos Ingredients for Success (IFS) Entrepreneurs Initiative in partnership with the U.S. Black Chambers, Inc. Now in its fifth year, the program provides financial support and resources to early-stage Black business owners. This year, IFS will award a total of $150,000 in grants, with three recipients each receiving $50,000, along with mentorship and access to networking and educational tools. The IFS initiative was created to honor the legacy of Wally Amos, the founder of Famous Amos, and to celebrate the qualities that make business owners unique. “Wally Amos was boldly original, and his vision and impact are still par…
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Thanksgiving is just around the corner. So it’s time for business owners to give thanks for their customers, clients, team members, partners, and anyone else who made an impact on operations this year. In preparation for the holiday, you may want to compose a quick message to people who have impacted your business in the past year, giving thanks and wishing them a happy holiday. Thanksgiving Messages for Businesses If you’re not sure where to start when crafting this message, here are some examples of different Thanksgiving messages for businesses to consider. Looking for the perfect Thanksgiving gift? Check out: Thanksgiving Gifts for Clients, Co-workers, Employees, a…
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FedEx has released its 2025 E-Commerce Trends to Watch Report, detailing how shifting consumer expectations are shaping the competitive landscape for digital retailers. The report, produced in collaboration with C Space, underscores the growing importance of convenience, seamless returns, and social media-driven brand engagement as key factors for success. Consumer expectations in e-commerce are increasingly centered around a frictionless shopping journey. According to the report, more than 80% of shoppers prioritize convenience, with home delivery (81%), free shipping (76%), and real-time tracking (68%) cited as essential features. Returns also play a significant role …
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Side hustles have become a prevailing trend among small business owners, showcasing both the entrepreneurial spirit and the need for supplemental income. A recent report from SurveyMonkey highlights vital statistics that underline the importance of acquiring feedback to hone these ventures. This is particularly relevant for small business owners who often juggle multiple priorities while striving for growth. SurveyMonkey emphasizes that gathering customer feedback is instrumental for validating ideas, refining offerings, and identifying blind spots. In a landscape where competition is fierce and consumer expectations are high, these insights can make a significant differ…
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Financial forecasting is crucial for startups, as it helps you predict future performance and plan strategically. By employing various methods, such as top-down and bottom-up approaches, you can assess market potential and set realistic sales targets. Comprehending the key elements and common pitfalls in forecasting will greatly improve your business planning. As you explore these techniques, you’ll discover how they can shape your startup’s trajectory and appeal to potential investors. What might you learn next? Key Takeaways Startups should utilize both top-down and bottom-up forecasting methods to combine market insights with company-specific data for accurate proj…
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Finding inspiration for engaging social media content is essential for maintaining audience interest. Start by comprehending your audience’s preferences and analyzing trending topics within your niche. Use popular hashtags to keep your content relevant and timely. Engaging with user-generated content can improve community connection, as well as collaborating with influencers can amplify your reach. By repurposing existing materials and incorporating educational themes, you can create compelling posts. The next steps involve exploring effective strategies for consistent engagement. Key Takeaways Analyze audience preferences through surveys and social media engagement m…
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Key Takeaways Embrace Passion and Purpose: Align your business goals with your core values to foster motivation and customer loyalty.Identify Your Niche: Conduct thorough market research to find gaps you can fill, ensuring a unique business model that attracts your target audience.Develop Essential Skills: Focus on business management, communication, time management, and financial literacy to navigate challenges effectively.Build a Support Network: Connect with mentors, advisors, and entrepreneurial communities for guidance, resource sharing, and collaboration opportunities.Overcome Self-Doubt: Use a clear business plan and positive self-talk, along with a supportive ne…
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Small business sales in the U.S. rose slightly in April, according to the latest Fiserv Small Business Index released by Fiserv, Inc. (NYSE: FI). The seasonally adjusted Index increased by one point to 151, reflecting a 0.4% month-over-month increase in sales and a 3.2% increase year-over-year. The report highlights a shift in consumer behavior as buyers continue to prioritize essential goods and services while cutting back on discretionary spending. “Even as consumer spending shows resiliency, market uncertainties appear to be driving budget-conscious consumers to reprioritize where they spend their money,” said Prasanna Dhore, Chief Data Officer at Fiserv. “Small busin…
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In late 2025, significant sentencing for members of a drug trafficking organization in Mobile, Alabama, sent shockwaves through both local communities and the business landscape. The consequences of illegal activity could resonate beyond individuals involved, posing indirect implications for small business owners. Understanding these developments can help entrepreneurs navigate potential risks in their own operations. Five men linked to a cocaine and heroin trafficking conspiracy operated from 2016 until April 2025, underscoring the pervasive risks posed by organized crime. Richard Wells III, Ronald Darnell Phillips, Demetrius James Lutin, John David Clarke, and Desmon D…
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Fiverr (NYSE: FVRR) has introduced new subscription plans for Fiverr Pro and launched a Team Account feature, marking a significant step in its upmarket expansion. The updates, part of Fiverr’s 2025 Winter Product Release, are designed to provide businesses and freelancers with greater flexibility, efficiency, and scalability. Fiverr’s new subscription-based Pro plans are structured to reward businesses as their order volume increases. These plans provide growing companies with enhanced tools and dedicated support to optimize their freelance hiring process. Fiverr Pro Essential – Tailored for businesses spending $1,000 or more annually, this plan offers vetted talent, …
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Fiverr has introduced a new Freelancer Equity Program aimed at providing top-performing U.S.-based freelancers on its platform with a financial stake in the company. The initiative offers eligible freelancers up to $10,000 in Fiverr shares, with equity grants distributed over four years based on annual eligibility requirements. The program arrives as the freelance economy continues its rapid growth, with projections indicating that freelancers could make up half of the U.S. workforce by 2027. Fiverr describes the program as a way to deliver additional financial value to freelancers beyond their regular earnings. “Freelancers are the backbone of today’s economy and the h…
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Fiverr has introduced a Freelancer Equity Program, granting shares to top-performing, eligible freelancers based in the United States. The initiative aims to provide financial benefits beyond traditional earnings, reinforcing Fiverr’s commitment to its freelancer community. As freelancers are projected to represent half of the U.S. workforce by 2027, Fiverr sees this program as a means of offering additional financial incentives. The program will provide up to $10,000 in Fiverr shares to eligible freelancers, with equity grants distributed over four years based on annual eligibility requirements. “Freelancers are the backbone of today’s economy and the heart of Fiverr’s…
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Fiverr International Ltd. has reported a dramatic surge in demand for freelancers specializing in AI agent development, with searches rising 18,347% over the last six months. According to the company’s Spring 2025 Business Trends Index, which analyzes tens of millions of searches since September 2024, businesses are increasingly outsourcing work to freelance specialists who can implement AI systems capable of independently performing tasks like reading emails, scheduling meetings, and handling customer questions. This surge in interest comes as businesses race to integrate so-called “digital colleagues” into their workflows. Fiverr says the adoption of AI agents is outp…
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The City of Flint, in partnership with LISC Flint, has launched the Flint Small Business Rescue Fund, a one-time grant initiative aimed at supporting local businesses still recovering from the economic impacts of the COVID-19 pandemic. Funded by American Rescue Plan Act (ARPA) dollars, the program will provide reimbursement grants of up to $20,000 to 20 eligible small businesses located within Flint city limits. The application period opens April 18 and runs through April 30, 2025. Businesses must demonstrate qualifying expenses incurred between March 3, 2020, and October 31, 2023, to be considered. Eligible expenses include payroll, rent, utilities, equipment purchases,…
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What is a 1099 form, and how is it used? Most U.S.-based business owners have issued 1099 tax forms to independent contractors, keeping them in compliance with the Internal Revenue Service. However, there are several other scenarios in which a small business owner would issue or receive a type of 1099. Do you know the 1099 rules? Are you curious about who should get a 1099 form, how to issue one, or what rules apply in different scenarios? In this article, we’ll provide the answers to these questions about 1099 forms and more. What Is a 1099 Form? The 1099 form, issued by the Internal Revenue Service in the United States, serves several specific purposes, each with a di…
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In a significant legal move that could ripple through the small business contracting community, Russell Thurston, a former executive vice president of Cambridge International Systems, Inc., was sentenced to 18 months in federal custody for his role in a multimillion-dollar bribery scheme. This case underscores critical concerns for small businesses navigating the complexities of government contracting. Thurston’s plea agreement revealed that he, along with several colleagues, participated in corrupt practices by providing various gifts to James Soriano, a former employee of the Naval Information Warfare Center. These included lavish dinners and even tickets to high-profi…
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The former president of a Michigan-based asphalt paving company has been sentenced to prison and ordered to pay a substantial fine for his role in a multiyear bid rigging scheme that defrauded customers and undermined competitive contracting. Daniel L. Israel, former president of Asphalt Specialists LLC (ASI) in Pontiac, was sentenced on May 22 to six months in prison and fined $500,000 after pleading guilty to conspiring with Al’s Asphalt Paving Company Inc. and other co-conspirators to rig bids on asphalt paving contracts across Michigan. Israel admitted to coordinating with employees from both companies to submit intentionally non-competitive bids designed to deceive …
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Amid the ongoing efforts to combat fraud in pandemic relief programs, a significant indictment has emerged from Houston involving four individuals linked to a scheme aimed at defrauding the Small Business Administration (SBA) and lenders affiliated with the Paycheck Protection Program (PPP). This alert raises critical awareness for small business owners navigating financial assistance in the wake of COVID-19. The indictment, returned by a federal grand jury on September 24, charges Decarla Conner, Randy Delrosario, Darrell Foster, and Enjoli Jeffrey with conspiracy to commit wire fraud and other related offenses, highlighting intentional misuse of emergency funds develop…
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A franchise is a business model where a franchisor allows a franchisee to operate under its brand and system. This involves an initial fee and ongoing royalties. Comprehending the key components of a franchise agreement, the different types of franchising, and the financial implications is crucial for anyone considering this venture. As you explore these aspects, you’ll uncover important factors that can influence your success in the franchising world. Key Takeaways A franchise is a business model where a franchisor allows a franchisee to operate under its trademark and operational system. Franchise types include business format, product distribution, and manufacturing …
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Key Takeaways Franchise vs Corporate: Franchising offers a proven business model and brand recognition, while corporate structures provide greater control and flexibility in operations.Ownership Structure: Franchisees operate under a franchisor’s brand, while corporate owners control the entire business, including all locations and decisions.Operational Control: Franchisees adhere to the franchisor’s guidelines, which streamline operations, whereas corporate owners have complete autonomy over their business practices.Profit Distribution: Franchisees share profits with the franchisor through fees, whereas corporate owners retain all profits, allowing for more reinvestmen…
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