63% Believe They Could Quit Their Job and Start a Business Today

start a business today

As many as 63% of workers are confident that if they quit their job, they could start a business immediately from scratch. This was a key finding of new research by Invoice2go.

The survey asked 2,500 people – including 500 small business owners – their thoughts on running their own business in the current climate.

It found that three out of five US employees admit they will stop at nothing to become their own boss. 68% believe they have a skill, hobby or passion that they could utilize into a successful small business.  Furthermore, 40% of full or part-time employees say they currently do freelance work to supplement their job. Three in ten run their own business on the side.

Inspired by Lockdown to Rethink Career Choices

The survey, which was conducted by OnePoll, found that 60% of respondents say they have been inspired to consider new career moves from their time spent in isolation. Some of the leading hobbies employees believe they could make money from include writing, baking, cooking, graphic design and illustrating.

The findings of the survey are important as they show that despite the challenges and disruption caused by the pandemic, the is an air of optimism about starting businesses. With the right resources and support, employees are confident about turning passions into a freelancing career or small business. It also gives inspiration to others with skills and interest in the likes of writing and baking that they could turn their passion into a rewarding freelance career.

Importance of Online Presence

The survey also flags up the importance of having the right resources, tools and skills in place to run a successful freelance career or small business. One area that entrepreneurs need to devote time and attention to is maintaining a strong online presence.

As Mark Lenhard, CEO of Invoice2go, comments: “Solopreneurs are acting as the sole accountant, marketer, and employee — they’re too busy managing other parts of their business to regularly maintain an online presence. Having an online presence is critical to reaching current and new customers; it can be incredibly valuable for driving passionate people to your brand.”

Lenhard also notes the value for freelancers and small business owners to get paid on time, through a robust invoicing system:

“It’s fundamental for long-term success and daily operations that small business owners and freelancers get paid on time. We’ve seen a rise in digital payments this past year, and these will only become more critical for service-based business. My advice to small business owners is to find user-friendly technology you can rely on to get paid quickly and easily,” he added.

Skill and Personality Traits Vital for Entrepreneurial Success

The respondents were also asked which skills and personality traits they thought were essential for entrepreneurial success. 50% of existing and would-be small business owners believe that ambition it paramount to success. 47% believe customer service skills are top of the list, followed by 46% who said that creativity was most vital.

The research also touched upon the most common reasons employees want to ditch their employer in favor of running their own business. 36% said that toxic work environments are their most pressing complaint. This was followed by a lack of growth opportunities and bad bosses.

The survey therefore gives important insight into what small business owners should prioritize in order to attract and retain staff. Creating opportunities for growth and being a good boss will go a long way in keeping employees satisfied.

All in all, Invoice2go’s research shows optimism among existing and want-to-be entrepreneurs. It also underlines how having the right tools and support is paramount to small business success.

Image: Depositphotos

This article, "63% Believe They Could Quit Their Job and Start a Business Today" was first published on Small Business Trends



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63% Believe They Could Quit Their Job and Start a Business Today

start a business today

As many as 63% of workers are confident that if they quit their job, they could start a business immediately from scratch. This was a key finding of new research by Invoice2go.

The survey asked 2,500 people – including 500 small business owners – their thoughts on running their own business in the current climate.

It found that three out of five US employees admit they will stop at nothing to become their own boss. 68% believe they have a skill, hobby or passion that they could utilize into a successful small business.  Furthermore, 40% of full or part-time employees say they currently do freelance work to supplement their job. Three in ten run their own business on the side.

Inspired by Lockdown to Rethink Career Choices

The survey, which was conducted by OnePoll, found that 60% of respondents say they have been inspired to consider new career moves from their time spent in isolation. Some of the leading hobbies employees believe they could make money from include writing, baking, cooking, graphic design and illustrating.

The findings of the survey are important as they show that despite the challenges and disruption caused by the pandemic, the is an air of optimism about starting businesses. With the right resources and support, employees are confident about turning passions into a freelancing career or small business. It also gives inspiration to others with skills and interest in the likes of writing and baking that they could turn their passion into a rewarding freelance career.

Importance of Online Presence

The survey also flags up the importance of having the right resources, tools and skills in place to run a successful freelance career or small business. One area that entrepreneurs need to devote time and attention to is maintaining a strong online presence.

As Mark Lenhard, CEO of Invoice2go, comments: “Solopreneurs are acting as the sole accountant, marketer, and employee — they’re too busy managing other parts of their business to regularly maintain an online presence. Having an online presence is critical to reaching current and new customers; it can be incredibly valuable for driving passionate people to your brand.”

Lenhard also notes the value for freelancers and small business owners to get paid on time, through a robust invoicing system:

“It’s fundamental for long-term success and daily operations that small business owners and freelancers get paid on time. We’ve seen a rise in digital payments this past year, and these will only become more critical for service-based business. My advice to small business owners is to find user-friendly technology you can rely on to get paid quickly and easily,” he added.

Skill and Personality Traits Vital for Entrepreneurial Success

The respondents were also asked which skills and personality traits they thought were essential for entrepreneurial success. 50% of existing and would-be small business owners believe that ambition it paramount to success. 47% believe customer service skills are top of the list, followed by 46% who said that creativity was most vital.

The research also touched upon the most common reasons employees want to ditch their employer in favor of running their own business. 36% said that toxic work environments are their most pressing complaint. This was followed by a lack of growth opportunities and bad bosses.

The survey therefore gives important insight into what small business owners should prioritize in order to attract and retain staff. Creating opportunities for growth and being a good boss will go a long way in keeping employees satisfied.

All in all, Invoice2go’s research shows optimism among existing and want-to-be entrepreneurs. It also underlines how having the right tools and support is paramount to small business success.

Image: Depositphotos

This article, "63% Believe They Could Quit Their Job and Start a Business Today" was first published on Small Business Trends



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Small Business Bartering Grew During Pandemic

Small Business Bartering Grew During Pandemic

According to BizX, the barter exchange platform, more and more businesses are opting towards creative ways to solve the issue of cash flow by trading in services and products rather than transacting in cash. The trend seems to have grown in popularity among small businesses as they seek to find creative means to remain afloat during the COVID-19 pandemic.

Since the start of the outbreak, BizX saw its membership grow by 265 members who had recognized the benefits of bartering. This led to its community transacting approximately 13 million BizX dollars, the currency of the exchange.

BizX Bartering Community

  • BizX currently has nearly $10 million in lines of credit outstanding to its members. All approved lines of credit have 0% interest since the beginning of COVID-19.
  • Among the transactions, more than 1 million of these BizX dollars transacted since the beginning of the pandemic came from restaurants. This is due to the new circumstances of operating a restaurant. This includes materials needed for outdoor dining, as well as Personnel Protection Equipment (PPE), which saw a sharp rise since March 2020.•
  • BizX and its members raised nearly $180,000 through its sponsorships and charitable giving arm throughout the year to 16 different charities. This includes Habitat for Humanity, Food Lifeline and Russell Wilson’s Why Not You Foundation.
  • Fearey, a Seattle-based public relations firm, used BizX to connect its employees through different levels of team-building exercises orchestrated by Geoteaming.

How it Works

Founded after 9/11 BizX helps businesses to connect by providing its platform to trade what they have to get what they need. The goal is to free up cash flow.

A purchasing member’s account is debited and the seller’s account is credited. The transaction details recorded in BizX and represented in both the members’ account statements.

Transactions use BizX dollars. The value of the BizX dollar is the same as the U.S. dollar. You can make payments on the market place, in-location, through the BizX mobile application or on the BizX Point of Sale web-based terminal.

Image: bizx.com

This article, "Small Business Bartering Grew During Pandemic" was first published on Small Business Trends



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Small Business Bartering Grew During Pandemic

Small Business Bartering Grew During Pandemic

According to BizX, the barter exchange platform, more and more businesses are opting towards creative ways to solve the issue of cash flow by trading in services and products rather than transacting in cash. The trend seems to have grown in popularity among small businesses as they seek to find creative means to remain afloat during the COVID-19 pandemic.

Since the start of the outbreak, BizX saw its membership grow by 265 members who had recognized the benefits of bartering. This led to its community transacting approximately 13 million BizX dollars, the currency of the exchange.

BizX Bartering Community

  • BizX currently has nearly $10 million in lines of credit outstanding to its members. All approved lines of credit have 0% interest since the beginning of COVID-19.
  • Among the transactions, more than 1 million of these BizX dollars transacted since the beginning of the pandemic came from restaurants. This is due to the new circumstances of operating a restaurant. This includes materials needed for outdoor dining, as well as Personnel Protection Equipment (PPE), which saw a sharp rise since March 2020.•
  • BizX and its members raised nearly $180,000 through its sponsorships and charitable giving arm throughout the year to 16 different charities. This includes Habitat for Humanity, Food Lifeline and Russell Wilson’s Why Not You Foundation.
  • Fearey, a Seattle-based public relations firm, used BizX to connect its employees through different levels of team-building exercises orchestrated by Geoteaming.

How it Works

Founded after 9/11 BizX helps businesses to connect by providing its platform to trade what they have to get what they need. The goal is to free up cash flow.

A purchasing member’s account is debited and the seller’s account is credited. The transaction details recorded in BizX and represented in both the members’ account statements.

Transactions use BizX dollars. The value of the BizX dollar is the same as the U.S. dollar. You can make payments on the market place, in-location, through the BizX mobile application or on the BizX Point of Sale web-based terminal.

Image: bizx.com

This article, "Small Business Bartering Grew During Pandemic" was first published on Small Business Trends



via Small Business Trends Business Feeds

Build and Maintain Your Email List With Zoho’s Webinar

Build and maintain your email list

In terms of Return on Investment (ROI), email continues to deliver the biggest bang for your dollar. And in order to get started on your email marketing, you first have to build and maintain your list. The latest webinar from Zoho is part of its Email Marketing Basics series, which by the way are free.

This webinar, which happens to be the second in the series, is titled Building and Maintaining Your List.  According to Zoho, you will Learn how to build, segment, and nurture your email lists to improve engagement and retain quality campaign subscribers. The webinar will provide insights into General Data Protection Regulation (GDPR) with the goal of giving a better understanding of the regulation. You will learn how to avoid spam filters, and the importance of keeping your lists clean.

Email Marketing Basics: Building and Maintaining Your List, will be held on February 17, 2021, from 12:00 PM to 1:00 PM EST.  Have the latest version of Chrome, Firefox, or Opera browsers and you will be ready to join in.

Click the red button and register now.

Register Now



Featured Events, Contests and Awards

Email Marketing Basics Webinar: Writing Effective CopyEmail Marketing Basics Webinar: Writing Effective Copy
February 10, 2021, Online

Want to write impactful email marketing copy that utilizes your unique voice? Join this webinar for tips and tricks! Learn how to establish your brand’s voice, hone in on your goals, and get some campaign ideas.


WEBINAR: Email Marketing Basics: Building and Maintaining Your ListWEBINAR: Email Marketing Basics: Building and Maintaining Your List
February 17, 2021, Online

Learn how to build, segment, and nurture your email lists in order to improve engagement and retain quality campaign subscribers. In this webinar you will also gain a better understanding of GDPR, avoiding spam filters, and the importance of keeping your lists clean.


WEBINAR: Email Marketing Basics: Automating and Monitoring Your CampaignsWEBINAR: Email Marketing Basics: Automating and Monitoring Your Campaigns
February 24, 2021, Online

Learn how to build, segment, and nurture your email lists in order to improve engagement and retain quality campaign subscribers. In this webinar you will also gain a better understanding of GDPR, avoiding spam filters, and the importance of keeping your lists clean.


WEBINAR: What Business Structure is Right for You?WEBINAR: What Business Structure is Right for You?
April 28, 2021, Online

Picking a business structure is usually the first big legal decision for a new business owner and one of the most confusing. However confusing, it is an essential step to protecting your personal assets from any liabilities of the company. In this webinar, Nellie Akalp CEO of CorpNet.com, will share insight on business entities to help guide you to the best decision for your new venture.


WEBINAR: Best State to IncorporateWEBINAR: Best State to Incorporate
July 28, 2021, Online

Some say Delaware, others say Nevada while someone else may say your home state. What is the best state to register a business in? What if your business is expanding into new territory? At what point should you Foreign Qualify? Nellie Akalp, CEO of CorpNet.com, will go in-depth to answer these questions and more in this webinar.


WEBINAR: Steps to Start Your BusinessWEBINAR: Steps to Start Your Business
October 20, 2021, Online

Starting a business can be an exhilarating time, where everything seems full of potential and purpose. But navigating the logistics of launching a business can be daunting. In this webinar Nellie Akalp, CEO of CorpNet.com, will outline the steps necessary to legally start a business and get up and running on the right foot.


More Events

More Contests

This weekly listing of small business events, contests and awards is provided as a community service by Small Business Trends.

You can see a full list of events, contest and award listings or post your own events by visiting the Small Business Events Calendar.

Image: Depositphotos.com

This article, "Build and Maintain Your Email List With Zoho’s Webinar" was first published on Small Business Trends



RSS Business Feeds

Build and Maintain Your Email List With Zoho’s Webinar

Build and maintain your email list

In terms of Return on Investment (ROI), email continues to deliver the biggest bang for your dollar. And in order to get started on your email marketing, you first have to build and maintain your list. The latest webinar from Zoho is part of its Email Marketing Basics series, which by the way are free.

This webinar, which happens to be the second in the series, is titled Building and Maintaining Your List.  According to Zoho, you will Learn how to build, segment, and nurture your email lists to improve engagement and retain quality campaign subscribers. The webinar will provide insights into General Data Protection Regulation (GDPR) with the goal of giving a better understanding of the regulation. You will learn how to avoid spam filters, and the importance of keeping your lists clean.

Email Marketing Basics: Building and Maintaining Your List, will be held on February 17, 2021, from 12:00 PM to 1:00 PM EST.  Have the latest version of Chrome, Firefox, or Opera browsers and you will be ready to join in.

Click the red button and register now.

Register Now



Featured Events, Contests and Awards

Email Marketing Basics Webinar: Writing Effective CopyEmail Marketing Basics Webinar: Writing Effective Copy
February 10, 2021, Online

Want to write impactful email marketing copy that utilizes your unique voice? Join this webinar for tips and tricks! Learn how to establish your brand’s voice, hone in on your goals, and get some campaign ideas.


WEBINAR: Email Marketing Basics: Building and Maintaining Your ListWEBINAR: Email Marketing Basics: Building and Maintaining Your List
February 17, 2021, Online

Learn how to build, segment, and nurture your email lists in order to improve engagement and retain quality campaign subscribers. In this webinar you will also gain a better understanding of GDPR, avoiding spam filters, and the importance of keeping your lists clean.


WEBINAR: Email Marketing Basics: Automating and Monitoring Your CampaignsWEBINAR: Email Marketing Basics: Automating and Monitoring Your Campaigns
February 24, 2021, Online

Learn how to build, segment, and nurture your email lists in order to improve engagement and retain quality campaign subscribers. In this webinar you will also gain a better understanding of GDPR, avoiding spam filters, and the importance of keeping your lists clean.


WEBINAR: What Business Structure is Right for You?WEBINAR: What Business Structure is Right for You?
April 28, 2021, Online

Picking a business structure is usually the first big legal decision for a new business owner and one of the most confusing. However confusing, it is an essential step to protecting your personal assets from any liabilities of the company. In this webinar, Nellie Akalp CEO of CorpNet.com, will share insight on business entities to help guide you to the best decision for your new venture.


WEBINAR: Best State to IncorporateWEBINAR: Best State to Incorporate
July 28, 2021, Online

Some say Delaware, others say Nevada while someone else may say your home state. What is the best state to register a business in? What if your business is expanding into new territory? At what point should you Foreign Qualify? Nellie Akalp, CEO of CorpNet.com, will go in-depth to answer these questions and more in this webinar.


WEBINAR: Steps to Start Your BusinessWEBINAR: Steps to Start Your Business
October 20, 2021, Online

Starting a business can be an exhilarating time, where everything seems full of potential and purpose. But navigating the logistics of launching a business can be daunting. In this webinar Nellie Akalp, CEO of CorpNet.com, will outline the steps necessary to legally start a business and get up and running on the right foot.


More Events

More Contests

This weekly listing of small business events, contests and awards is provided as a community service by Small Business Trends.

You can see a full list of events, contest and award listings or post your own events by visiting the Small Business Events Calendar.

Image: Depositphotos.com

This article, "Build and Maintain Your Email List With Zoho’s Webinar" was first published on Small Business Trends



via Small Business Trends Business Feeds

10 Tips for Generating New Ideas to Support and Grow Your Small Business

Grow Your Small Business

Creative ideas are essential for any successful business. This isn’t just about coming up with unique products. You need ideas for everything from marketing to revenue streams. Below are tips from members of the online small business community for integrating new ideas into your business.

Try These App Ideas That Haven’t Been Made Yet

It seems like there’s an app for just about everything. But there are some areas where there are still gaps in the marketplace. If you really want to make an impact with a new app, check out this list from Ivan Widjaya of SMB CEO.

Focus on the Customer Experience

You may get more ideas to support your business operations if you put yourself in your customers’ shoes. Customer experience is one of the most important concepts for any small business owner to learn about. Learn more in this GatherUp post by Micah Hartmann.

Look for B2B Feedback from Unconventional Sources

Customer feedback can provide a wealth of new ideas for businesses. So entrepreneurs should constantly try to collect thoughts and opinions from their target market. For B2B businesses, check the unconventional sources listed in this TopRank Marketing post by Lane Ellis.

Make More Money with Differentiated Marketing

If you want your marketing to stand out, your strategy needs to differ from your competitors. So how can you set yourself apart and make more money in 2021? Janice Wald lays out a plan in this Mostly Blogging post. And members of the BizSugar community commented here.

Use Google Trends for Keyword Research

Trending topics can be an amazing source of new ideas that are especially relevant to customers. This may be especially relevant when looking for content marketing or website keywords. This SEM Rush post by Connor Lahey features a guide for using Google Trends in this way.

Avoid These Video Marketing Mistakes

There are tons of unique ideas making an impact on the world of marketing. But video is one of the areas with the most potential for growth in the coming years. If you plan to make use of video marketing, avoid the mistakes in this Smallbiztechnology.com post by Becca Williams.

Build SEO into Your Product

SEO is often thought of as a marketing strategy. But it can and should be so much more. By thinking of it throughout the product creation process, things like keywords should come naturally. Read more in this Search Engine Journal post by Kevin Indig.

Make Quick Money Now

The past year has been difficult for many businesses financially. However, you don’t necessarily need to accept lower revenue if you can come up with new ideas for earning money. In this Miss Millennia Magazine post, Jamie T. Wiseman offers tips for making money quickly.

Grow Your Business with Social Media Contests

Contests can help you grow a following on social media quickly. But this strategy requires fun and unique ideas. In this Startup Bonsai post, Christopher Benitez compares some tools you can use to facilitate contests. After reading, head over to BizSugar to see what members are saying.

Create Engaging Reels Content

Reels is one of the most exciting new features on Instagram. But many brands still don’t know how to make the most of it. If you want your client to really engage with viewers, check the ideas in this Social Media Today post by Andrew Hutchinson.

If you’d like to suggest your favorite small business content to be considered for an upcoming community roundup, please send your news tips to: sbtips@gmail.com.

Image: Depositphotos.com

This article, "10 Tips for Generating New Ideas to Support and Grow Your Small Business" was first published on Small Business Trends



RSS Business Feeds

10 Tips for Generating New Ideas to Support and Grow Your Small Business

Grow Your Small Business

Creative ideas are essential for any successful business. This isn’t just about coming up with unique products. You need ideas for everything from marketing to revenue streams. Below are tips from members of the online small business community for integrating new ideas into your business.

Try These App Ideas That Haven’t Been Made Yet

It seems like there’s an app for just about everything. But there are some areas where there are still gaps in the marketplace. If you really want to make an impact with a new app, check out this list from Ivan Widjaya of SMB CEO.

Focus on the Customer Experience

You may get more ideas to support your business operations if you put yourself in your customers’ shoes. Customer experience is one of the most important concepts for any small business owner to learn about. Learn more in this GatherUp post by Micah Hartmann.

Look for B2B Feedback from Unconventional Sources

Customer feedback can provide a wealth of new ideas for businesses. So entrepreneurs should constantly try to collect thoughts and opinions from their target market. For B2B businesses, check the unconventional sources listed in this TopRank Marketing post by Lane Ellis.

Make More Money with Differentiated Marketing

If you want your marketing to stand out, your strategy needs to differ from your competitors. So how can you set yourself apart and make more money in 2021? Janice Wald lays out a plan in this Mostly Blogging post. And members of the BizSugar community commented here.

Use Google Trends for Keyword Research

Trending topics can be an amazing source of new ideas that are especially relevant to customers. This may be especially relevant when looking for content marketing or website keywords. This SEM Rush post by Connor Lahey features a guide for using Google Trends in this way.

Avoid These Video Marketing Mistakes

There are tons of unique ideas making an impact on the world of marketing. But video is one of the areas with the most potential for growth in the coming years. If you plan to make use of video marketing, avoid the mistakes in this Smallbiztechnology.com post by Becca Williams.

Build SEO into Your Product

SEO is often thought of as a marketing strategy. But it can and should be so much more. By thinking of it throughout the product creation process, things like keywords should come naturally. Read more in this Search Engine Journal post by Kevin Indig.

Make Quick Money Now

The past year has been difficult for many businesses financially. However, you don’t necessarily need to accept lower revenue if you can come up with new ideas for earning money. In this Miss Millennia Magazine post, Jamie T. Wiseman offers tips for making money quickly.

Grow Your Business with Social Media Contests

Contests can help you grow a following on social media quickly. But this strategy requires fun and unique ideas. In this Startup Bonsai post, Christopher Benitez compares some tools you can use to facilitate contests. After reading, head over to BizSugar to see what members are saying.

Create Engaging Reels Content

Reels is one of the most exciting new features on Instagram. But many brands still don’t know how to make the most of it. If you want your client to really engage with viewers, check the ideas in this Social Media Today post by Andrew Hutchinson.

If you’d like to suggest your favorite small business content to be considered for an upcoming community roundup, please send your news tips to: sbtips@gmail.com.

Image: Depositphotos.com

This article, "10 Tips for Generating New Ideas to Support and Grow Your Small Business" was first published on Small Business Trends



via Small Business Trends Business Feeds