What Is an Ansoff Matrix and How Can You Use One?
Looking to develop new goods, expand an existing product line or enter a new market? If you’re seeking to scale your company, the Ansoff Matrix (or Ansoff growth matrix) can be an ideal tool...
Can Electric Vehicles Actually Save the U.S. Economy?
How much did it take to fill up your gas tank this week?
$50 … $60 … $80 or more?
The price of oil is on the rise, but so are sales on electric vehicles. Last...
11 Innovative Eco-Friendly Business Ideas
Kickstarting an eco-conscious business is a long-term commitment to a sustainable future.Consumer demand for eco-friendly goods and services is booming and has quadrupled in the early part of the last decade, according to the...
How the Federal Reserve Could Spark a Stock Buying Frenzy
Part of the Federal Reserve’s job is to hurt some people. Of course, that’s not in the official job description of Fed officials. (It’s the quiet part that we aren’t supposed to say aloud.)
The...
Buying Your First Rental Property: 11 Tips for Success
Buying your first rental property can be a lucrative investment and a passive source of income. With a little effort, you can bring in money from tenants. But how do you get started?
Here are...
Change From a Sole Proprietorship to an LLC in 7 Steps
Can a sole proprietor company be an LLC? The short answer is yes. As a small business owner, you know your company has fluid needs. If you’re a sole proprietor considering expansion, you might...