The Small Business Administration (SBA) defines a small business as a firm which has fewer than 500 employees. This means that many highly valued startups in the U.S fit within this definition of small businesses. 1. How Many Small Businesses Are There in the U.S? There are 30.7 million small businesses in the U.S. which account for …
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Why Small Businesses Fail
One of the biggest fears that people who start their own business have is the risk of failure. And it’s not an unrealistic fear. As a matter of fact, more than 50 percent of small enterprises fail in the very first year, and more than 95 percent of small startups fail within the first five years (Convergehub, …
Time Management Secrets for the Busy Entrepreneur
It’s critical for entrepreneurs to organize their days to make sure they’re doing the right things at the right time. That takes discipline—but the payoff will be less stress and a better managed, more successful company. "As an entrepreneur, time is the one element you can’t buy or borrow," BDC Business Consultant, Rony Israel says. "It’s …
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What Is A Virtual Assistant?
A virtual assistant is a person who provides support services to a business from a remote location. Administrative tasks are most common for virtual assistants, but they may also assist with any other elements required by the business. A virtual assistant is simply an assistant who works remotely. As technological advancements in the 1990s brought …
Why You Need a Virtual Assistant
It cannot be denied that professional virtual assistants are in high demand these days. As small businesses and startups look towards scaling, they are realizing the huge amount of returns that hiring virtual assistants pose. Virtual assistants offer a wide array of skills, and they can cater to your needs in ways office-based administrative assistants can’t. For a lot …
2019 Small Business Trends
I found a really interesting article detailing small businesses trends and what to expect in 2019 .https://www.guidantfinancial.com/small-business-trends/ What’s it like being a small business owner today? With corporate profitability at its highest in four years, favorable GDP growth, consumer spending up year over year, and the percentage of investment as part of the economy back to …
FMS Bookkeeping Service Offerings
Our Services Ensuring your bills are paid on time Preparing balance sheets or P&L accounts Reconciling bank and credit card statements Manage business bank account Preparing invoices and general ledgers Preparing and mailing invoices to customers Payment reminders Maintaining financial data Entering payables and receivables Sales tax reporting and submission Create year-end reports Interpret financial …
It’s never to late too become independent
Author: Evgeniy Sen https://www.linkedin.com/pulse/its-never-too-late-become-independant-evgeniy-sen/ Those born to become businessmen will do that at any age. These graphics by Anna Vital show us how important it is to always keep being yourself and work hard on your ideas, despite the stuff you're busy with now and the number of years estimating on figures in your passport. Don't confine your …
FMS Social Media Marketing Offering
Social Media isn't a one way broadcast; it is a multi-way opportunity for dialogue Our Services Set up, organize and modify social networking profiles Schedule and manage Twitter Tweets, Facebook and Instagram posts Proofread and edit content written by you or your team before posting Monitor social media conversations for new messages, followers and engagement …
5 Ways Small Businesses Are at a Disadvantage
5 Ways Small Businesses are At a Disadvantage cited: https://www.investopedia.com/articles/personal-finance/111315/5-ways-small-businesses-are-disadvantage.asp Politicians are fond of saying that small businesses are the backbone of the economy. And while standing up for the little guy is a popular way to win over voters, there’s actually some truth to that assertion. The U.S. Small Business Administration (SBA) reports that smaller companies …
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