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How sole proprietors responded to the Great Recession and weak recovery
Small Business Trends
Sole proprietors were hit hard by the Great Recession. In 2008, the number of sole proprietorships in the country declined by 508,000, after having increased in every year since 1980. Sales tanked. Revenues at the average Schedule-C-filer fell 11.2 percent from 2007 to 2009 in inflation-adjusted terms, Internal Revenue Service statistics reveal.
5 reasons you should consider an LLC as a 'solopreneur'
Business 2 Community
Breaking away from the 9-5, being your own boss, and living the life of a “solopreneur” is extremely rewarding. However, as a first time business owner, you might feel overwhelmed. Understanding legal vocabulary, tax structures, and liability protection is not easy, even for veteran entrepreneurs. For a single business owner, structuring the business properly is extremely important, in order to limit your personal liability and to be taxed appropriately.
Self-employed? Why your identity might be at risk
FOX Small Business
When you're self-employed, getting work depends heavily on how well you advertise yourself. This often means posting your personal information — full name, email address, phone number, geographic location, work history, etc. — on multiple websites and social media accounts.
Are you using your CMS wrong?
Small Business Trends
Many marketers look at their website and the CMS system it's built with and marvel at everything these powerful systems make possible. But it's not what your CMS lets you do that makes it so powerful – it's what it lets you NOT do. Here's why.
5 rules for making the leap to full-time entrepreneur
Some people are mono-aholics. They simply can't leave a relationship — no matter how bad it is — until they're certain they have the next one locked down. This leads to sometimes months of overlap, "should I or shouldn't I?" internal debates, tiptoeing over blurry lines — time when they are not giving 100 percent to anyone (including themselves). The same can be true of entrepreneurs.
How to create customers for life
When few people are offering good service, simply trying to provide it makes you stand out. Today, everyone — to some degree — is competing on service. That means you have to work hard to get it right.
How to use your gut to make better decisions
You know the feeling you get that a certain decision is the right one, or that a certain individual, despite how good his qualifications look on paper, is just not the right one to hire? This unexplained feeling is often called intuition, or "a gut instinct." Whatever you call it, the ability to intuit can be an invaluable trait for entrepreneurs.
Why ambiverts are more successful and influential than extroverts
More outspoken, socially adept people who venture forth with confidence are easy to peg as extroverts. Those who isolate themselves, are more formal, talk less, and prefer to stay out of the limelight clearly leaned toward introversion. Could it really be that simple, though?
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