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How much does the average small business owner actually earn in one year?

November 4, 2021 by Tom Watson

Earnings of average business owner per year

I'm always interested in various facts and figures, and when I stumbled across a study of what the average small business owner earns per year I was fascinated by what the actual numbers would say. Was it some really low number due to the fact that many new businesses fail, or was it crazy high due to the wild success of a small percentage? I didn't know what to … [Read more...] about How much does the average small business owner actually earn in one year?

Top challenges associated with small business ownership

November 3, 2021 by Tom Watson

Top issues with owning a business

Running your own business may be incredibly liberating, but it also comes with a fair amount of issues you have to deal with. Some are minor while others may drive you up a wall at times. I know I questioned my sanity from time to time over the years. I would lay in bed and wonder how it would all work out at times. So many variables, you just couldn't predict the outcome … [Read more...] about Top challenges associated with small business ownership

What is your motivation for starting a business?

November 2, 2021 by Tom Watson

motivation for getting started in own business

We all have that "reason" for wanting to start a business. For some it may be easy to pin-point while for others it could be buried somewhere deep down inside them. For me it was really all about freedom. I wanted to be able to dictate my life, my schedule and everything else in-between. I didn't want to have to ask permission to go do something. On a secondary level I … [Read more...] about What is your motivation for starting a business?

Five reasons why office managers hire a small business

November 1, 2021 by Tom Watson

reasons behind why office managers hire small business vendors

A recent study funded by Zendesk brought to light many interesting tidbits about why managers choose to work with small businesses, After reading the study I did a post on one fact that can lead to higher profits. Then the next post dealt with the other side of the same coin, which is how poor customer service will get you fired. This third post in the series deals with … [Read more...] about Five reasons why office managers hire a small business

Don’t learn this customer service statistic the hard way!

October 31, 2021 by Tom Watson

Don't get fired for providing bad customer service to the customer

One of the oldest sayings in the business world is "Customer service is King". It's as true now as it was when they were building the pyramids in Egypt. You simply are not getting around this basic fact of business. Many may try, but much like how father time catches up to us all, poor customer service catches up to all businesses who don't focus on that aspect of their … [Read more...] about Don’t learn this customer service statistic the hard way!

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