Build
Should You Hire Your Friends?
Justine Lackey made a mistake by hiring a girlfriend. “Working together was the end of our friendship. No sooner had I paid her than she started to miss deadlines and stop returning emails,” says the founder of Good Cents Bookkeeping. Hiring... ➡
You Need Problems to Succeed
Helen Lo had recently retired and was loving retirement's greatest perk: time to travel. “But air travel quickly became a hassle. Like most women, I was carrying a loaded purse, which aggravated my back and neck issues." And so Lo & Sons was... ➡
We All Need Money to Grow
Let's say you've launched a digital wedding-invite business, and $250,000 in investment capital would accelerate product development and customer acquisition. If you think you’re ready to raise capital, here are three questions to ask yourself:... ➡
Stagnant Revenue is Overrated
Entrepreneurship can feel like an illness—working day and night with big vision, but little cash flow. Some businesses work. Some don't. At a certain point you have to decide: Is my business thriving or do I need to make a major change, or even... ➡
Get a Piece of a $5 Billion Pie
Women-owned businesses employ more than 7 million workers, generate more than $1 trillion in yearly revenue, and are growing at more than twice the rate of businesses overall. Clearly, we rock. That’s why the White House introduced the... ➡
Meal Deductions, Explained
One of your employees announces that she’s engaged, and you take her and the office out to lunch to celebrate. In the evening, you take out your business partner to celebrate the company’s one-year anniversary. Both of those count as business... ➡
3 Ways to Optimize Profits
This August, my coaching business generated $32,000 in gross sales—$27,000 of which was profit. That’s more than I used to make in a year. It wasn’t because of a whiz-bang marketing campaign or even a sparkly product launch. Here’s what you can... ➡
What to Expect when You Raise Your Rates
You’re ready for a raise, but you work for yourself. Stand strong—it’s time to raise your rates. How do you justify the increase? First, remember that inexpensive can be seen as "cheap." Raising your rates sends a signal that you know the value... ➡
