4 Smart Ways to Spend Money on Your Business

You may not be struggling to make payroll, but you don’t necessarily have a heap of cash to spend on every new idea business pundits say you should execute either. So where should you spend your money? Here are four smart ways to spend some of that cash on hand.

  1. Hire a business coach: When I maxed out the potential of my business, I made the investment in a business coach and following the advice he gave me took me to the next level. My coach challenged my ways of thinking, helped me set up new systems, pushed me beyond my comfort zone, and more.

“Business coaches have one goal: to make your ideas into a reality,” Miles Jennings of Recruiter.com, told Inc. “Although you may have many brilliant ideas for your company, sometimes it’s hard to know where to start and what to tackle first. Business coaches will evaluate your plans, assess if they are realistic or will be successful and set out a way that you can implement them correctly.”

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What to Consider Before Starting a Business

So you are thinking about starting a small business? There are many things to consider. What will you call the business? Will you incorporate as an LLC, a partnership or a corporation? What is your value proposition? Will you need employees? How many?

There’s a lot to consider and although this article can’t possible cover all the issues—there are scores of books written on this topic—we’ve turned to our experts for insight into some of the most important things to consider before starting your business.

  1. Do you have the resources?

You may have a bright idea, but do you have the resources to launch it out? John Turner, founder and CEO of UsersThink, a tool that delivers feedback on demand for website landing pages, says this is a key issue to consider before you get too far down the road.

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Part One of 10 Things to Consider When Building and Optimizing Your Website

A recent study by GoDaddy found that 59 percent of very small businesses (five or fewer employees) operate without a website. Yet this number is going to change very soon; over half of them report plans to launch a website in the next two years.

Some of Davinci’s customers find themselves in this category. You started a business and have been so busy growing it that you haven’t had time to build and launch a website. Others have a website, but you feel it needs improvement—that you can get better results than what you’re currently achieving.

The following are 10 things a small business needs to consider when launching—or enhancing—a website.

1. DIY or DIFM

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