Weekly Round-Up: June Edition
We scoured the internet to find our three favorite articles of the week. Check out these tips and bits of inspiration to help you with your business.
HOW TO DEAL WITH BUSINESS FAILURE
Utah Business Magazine
Your worst professional nightmare has happened. You swung for the fences, and the business dream failed. But you know what? You’re going to be okay. Not only that, but you have finally made it to the trial-by-fire phase that most, if not all, successful entrepreneurs endure at least once in their lives. But remember, this is a normal, acceptable part of the entrepreneurial process. So stop second-guessing, heaping blame and guilt on yourself, and wondering if you should run away to another country and assume a new name. There are concrete actions to take here and ideas to consider that will get you through this phase and into the next.
There are times you will no doubt fail on your quest to becoming the most successful business owner you know. We loved the examples of past powerhouses that have failed on their journey before – Oprah, Walt Disney, Steve Jobs. This article gave us just a little bit more “oomph” to put into our day and to keep going even though we’ve made mistakes and failed in the past.
10 SELF-HELP TIPS TO HELP SMALL BUSINESS OWNERS KEEP THEIR FINANCES ORGANIZED
Owning a small business can come with a steep learning curve, and it’s one that many entrepreneurs face alone. Learning as you go is never easy, and there are many aspects of day-to-day business that need to be mastered. In particular, small business owners may struggle to keep finances in order.
While it can be challenging to keep your business’ finances organized and under control, with a little know-how—and a bit of expert advice—you can get a grasp on the information, procedures and technology you need. Below, 10 members of Forbes Finance Council share their top recommendations for small business owners who are struggling to keep their finances in order.
In our KeyBank Business Accelerator Academy, the thing we hear the most from participants is that they are now able to read their financials – something they’ve struggled with in the past. Often times when someone starts a business, they are great at the trade or service they are offering, but finances get put to the side. We loved these tips on how to keep your finances organized. You have to start somewhere, and this article (or our Business Institute) is a great place to start.
7 PLACES YOU CAN USE TECH TO BOOST YOUR SMALL BUSINESS MARKETING
Small Biz Trends
Small business owners look to grow their business and target their market efficiently with the lowest acquisition costs. Good businesses respond to marketing that appeals directly to their mission, and ensuring that your team is ready to deal with that specific class of clientele can be challenging.Luckily, there are a lot of lots of technologies to help with targeting your customers and getting qualified leads to sign up for a demo of your product or service. While finding the right technology may take some trial and error, there are several options worth considering.
Running a small business is HARD. And we commend you. Even if it may seem more complicated up front, streamlining something with tech is always a great idea. It could be worth your time/money to invest in some software that will ultimately help you. There are a lot of free versions of software that will help you with your bottom line. Check out these tips.