15 Foolproof Ways To Eliminate Business Mistakes

This contributed post is for informational purposes only. Please seek a business or legal professional before acting on any advice given below.

business mistakes

Business mistakes are always going to happen, whether you like it or not. It’s important that you learn from these mistakes and improve rather than allow them to set you back too much, or you could end up in a negative downward spiral that eventually destroys your business.

While you certainly can’t ensure that you never make a business mistake ever again, you can eliminate the vast majority of them by making sure you do a few important things.

15 foolproof ways you can eliminate business mistakes as best as possible

1. Take Your Budget And Expenses Seriously

The worst thing you can do as a business whether you’re just starting out or you’ve been around for a while, is failing to take your budget and expenses seriously. This can happen if you constantly find yourself looking at purchases in isolation, rather than figuring out how they could affect the bigger picture. You may think that a snazzy new computer may help you to get the job done without setting you back too much, when in actual fact, it could seriously hinder your numbers for that month if you’re not careful.

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How to Create An Online Presence For Your Business

create an online presence for your business

Ok, so you’ve finally decided to build an online presence for your business but let’s hope you’re not too late. You know, the modern Internet has been around since 1990 and Google took off in 2004. So one might wonder, is it too late to take advantage of this digital trend?

Well, the good news is that you’re not too late and if you’re reading this, give yourself a pat on the back for being proactive.

Today building a business without a plan for an online presence is like saying you don’t want to make money. Let’s face it, one of the first things modern consumers look for is your online presence.

In fact, it’s becoming somewhat of a trust signal to people. For plenty of consumers, not having a website or social media presence can decrease trust. Your online presence should be part of your overall marketing strategy.

We’re going to give you some tips for building a strong digital presence.

Are you ready? Happy to oblige!

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Find Your Voice: Why Every Entrepreneur Needs a Podcast

Photo: Unsplash

35 million people listen to podcasts every week. If this number sounds like a lot, it’s because it is. In a world where podcasts were viewed, by some, as less than professional only about five years ago, the popularity and effectiveness of podcasts are something that have skyrocketed. Almost every person in the public eye has a podcast. To echo entrepreneur superstar Gary Vaynerchuck’s words, “If you do not have a podcast, you are missing out.”

More people are listening to podcasts than ever. And, as someone who is building their own brand and business, it is imperative that you reach as large an audience as possible. The world is going digital, and people are following along. It’s time that entrepreneurs do the same.

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Introducing NutJobFans.com, created by Financial Bin Founder David T. Domzalski

As an avid sports fan, I wanted to offer an online experience for all of those fantastic sports “nuts” out there. Think of NutJobFans as the “Pinterest for Sports Fans.” Head over to NutJobFans.com and sign up. Share your photos and rant about that horrible call last night. You can email us at NutJobFans@gmail.com for … Read more

Chris Burgess: The 10 top benefits of Outsourcing in your Small Business

For most large companies it is standard to outsource work – hire outside firms to handle work or projects that the company would otherwise handle internally. Considering it is such a standard business practice, why is it that small business owners feel that they have to do everything themselves? Many small business owners would do … Read more

Lutheran High School of San Diego Students Take a Step Beyond the Classroom to Launch IT Consulting Firm

    Press Release: ServiTech Provides Students with Real-World Entrepreneur Experience SAN DIEGO – Students at Lutheran High School of San Diego are taking a step beyond the typical classroom setting with the launch of ServiTech, an IT consulting firm. The student run company provides real-world experiences in the world of technology infrastructure and entrepreneurship. ServiTech combines … Read more

Entrepreneur Intervention: FinancialBin.com Wants to Hear Your “We Built It” Story

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10 Insightful Tips to Starting Your First Business from PowerWallet’s Bob Sullivan

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