Is Microfinance About To Go Down Or Not?

November 28, 2017October 31, 2017 Friends of Friedman Small Business

Not everyone has a lot of money. Some people earn so little no matter how hard they work while a few lucky ones get to enjoy more money than they can ever spend in their lifetime. Even if the majority of us labor in companies or institutions, it still won’t make you rich. Most successful people in the world are entrepreneurs and it is also the reason why many also want to give business a try today and build their own start-ups. Who knows, it might get bigger someday and they may eventually fulfill all their life’s dreams.

And since not everyone qualifies for bank loans to fund their business projects, the next best thing for aspiring entrepreneurs to do is to secure loans or other related financial services to get started. The concept of microfinancing has been very popular for quite some time since loan applicants no longer have to secure collaterals in order …

Black Friday Today: A Shadow Of What It Once Was

November 21, 2017November 21, 2017 Friends of Friedman Small Business

When it comes to shopping, people make a big fuss of Black Friday and highlighting how it happens to be the biggest sale of the year – a perfect excuse to go on an all-out shopping spree where you can find the best deals on great products and possibly even complete your Christmas list ahead of time. Well, it may be true in the past and people really fall in long lines just to get in a store and shop like there’s no tomorrow but it seems like it is no longer the case now. If you check out the following articles, you’d realize that yes, some people have a point in saying this because apparently, the hype over Black Friday makes not that much sense anymore.

So, is it still right to hype up Black Friday when you learn that you only get to enjoy a few buck’s savings or that bigger discounted items …

Chipotle: Problems In The Food Industry

October 8, 2017August 17, 2017 Friends of Friedman Small Business

Food is the most basic of human needs. We can’t survive for long without eating and drinking water. It is why investing in a food-related business is one of the most profitable investments you can ever make, as people eat three times daily at the very least. But despite food being a vital necessity in our lives, numerous issues affect it too, so it is not always an assurance your business will prosper. Various food franchises and businesses have since closed down over the years for various reasons.

Aside from economic factors that entrepreneurs have to consider when running their businesses, problems with health and the people’s changing lifestyle influence the type of businesses that succeed in the market. It’s mainly because a lot of the ailments that bother humans these days are because of our lifestyle. People are becoming more health-conscious and some won’t hesitate to spend a lot for an expensive organic salad …

No More Targeted Ads From Gmail

September 17, 2017August 17, 2017 Friends of Friedman Small Business

We like to think we are safe in the confines of our personal Gmail account but how mistaken are we. Not only is your browsing habit observed and recorded but Google also sneaks a peak at our emails just so they can show us targeted ads, all for the love of (sponsor’s) money. You really can’t remain anonymous on the web anymore because you leave digital footprints that a tech giant like Google can take advantage of. Sadly, though, you have no choice unless you totally give up modern email and switch back to snail mail that may still inadvertently get lost en route to your receiver and can take a lifetime to get there.

Modern technology has indeed made life easier but there are a lot of catch that not all the time we are aware of. And the fact that Google reads your emails in Gmail is not new anymore because it made …

Making Money From Pictures

September 3, 2017July 27, 2017 Friends of Friedman Small Business

They say do something that you love and you won’t work a single day in your life. If only life is that simple. Societies are more complex now and finding the niche where you belong to is easier said than done. You can only wish to end up doing a job you’d learn to like as you go along. However, as technology continues to progress, changes are likewise taking place and opportunities are opening up to those who are willing to take the risk. Our love for social media and the visual arts proved to be an edge for aspiring photographers who want to make money out of their hobby of taking pictures.

Most photographers often make the transition of taking photography to the next level if only to cover the basic costs of pursuing their hobby. There are various opportunities when it comes to picture taking and you don’t always have to have the …

Female Entrepreneurs On The Rise

August 3, 2017July 26, 2017 Friends of Friedman Small Business

Running a business isn’t an easy feat. From starting up to maintaining it and making sure it stays relevant and profitable, entrepreneurs juggle various tasks to keep the business afloat. The economy isn’t always stable and there are various factors that can shake your business up, so you always have to be on your toes. Countless businesses are still opening up despite that gloomy forecast. That’s the beauty of competition and a free and open market. While mostly dominated by men, there are also more female entrepreneurs now than it did before.

Women are now empowered to take bigger business risks because most are educated and hold degrees of their own. From small startups to family businesses and online ventures, you can see more women at the forefront of business ventures and actually succeed in it. It no longer comes as a surprise that many women hold important positions in various big and multinational brands …

The Future Is Here For Small Businesses in Asia

June 30, 2017June 4, 2017 Friends of Friedman Small Business

To get ahead in life, it’s either you get lucky with business or in the lottery. You won’t get rich by just working a regular 9-5 job and we all know that by now. Competition in the workplace is tough and you can work for decades without getting the recognition you deserve. It’s the exact opposite of being an entrepreneur. In the business world, you reap what you sow. There are a lot of variables, though, but the bottom line is that you have the choice to keep moving forward or not.

As an entrepreneur, you will take full responsibility for the decisions you make that pertains to your business. It’s that simple. No more passing on the blame to other people but be prepared to reap the rewards of your hard work too.

With continued globalization and rapid technological advancements, always be on the lookout for opportunities and grab them as soon as …

The Impact Of Technology To Small Businesses

April 11, 2017March 16, 2017 Friends of Friedman Small Business

Employment is but a means to provide for your needs and hopefully help you secure your retirement fund. After all, having a job is better than being unemployed. At least, you have the spending power to pay for your needs and that of your family. However, it can’t let you fully enjoy the bigger things in life.

Becoming an entrepreneur means you have a chance to make it in the world and increase your wealth ten-fold. Not only do you have control over how much your business grows but you are no longer limited to the usual limitations of traditional employment.

One may indeed become rich and successful by engaging in business but let us not forget that the risks involved are bigger too. Aside from putting in your own capital (or borrowing it), there is no assurance your business would make it or that it will be safe from the issues affecting the country’s …

Small Businesses Get Smart With Creative Financing

February 18, 2017 Friends of Friedman Small Business

Living in the United States for the past 10 years has seen many affected by one of the harshest boom and bust cycles in a lifetime. Not since the depression has there been a scenario where so much wealth was lost after being gained over such a short period of time. At one point, times for financing were easy, and banks had their doors open to pretty much anyone who required capital.

But now, sadly, that has all changed. Banks themselves are suffering from a serious lack of capital, and the small business owner has suffered as a result. In an attempt to provide credit relief to many small business owners like Glen Markstrom of San Diego’s All Clear Tree Service, equipment leasing companies have begun to work directly with many entrepreneurs.

“I never really considered leasing before,” says Markstrom, whose tree service company has won local awards. “Leasing did end up saving my …