Tips On Starting and Growing a Business

Several hundred women who've launched their own businesses gathered at Manhattan's new One World Trade Center for the Women's Entrepreneur Festival, and co-founded six years ago by angel investor Joanne Wilson and NYU tech professor Nancy Heckinger.  The following are some of the best tips from the female entrepreneurs at the event.

• Show people why the world needs your company. 
• Know when to say no while growing your business. 
• Sell people on your vision — but also on yourself. 
• Flip your thinking about setbacks. 
• Use copycats to your advantage. 
• Use your passion to get through the hard times. 

Read the article:  6 Things Women Should Know About Starting a Business

Factors to Consider Before Starting a Business

According to SCORE, there are currently 9.1 million woman-owned small businesses employing 7.9 million people and generating $1.4 trillion in annual revenue.

From creating jobs to making capital investments and contributing to our local community, women entrepreneurs are an incredible force in today’s economy. As the number of women-owned businesses grows, there are more opportunities for women to succeed in business ventures today than ever before.

Before you start your business, answering the four questions outlined in the following article will make the process smoother, less stressful, and go a long way towards ensuring your business thrives.

Read more:  Four tips for women opening a small business

News of Interest: A New Kind of Company

When you started your business, you most likely went through the process of determining which type of entity best suits your short and long term needs. For example, some of your options might have been to form a limited liability company (LLC), C corporation or S corporation. Hopefully your attorney guided you along the way by asking the right questions about how you envision operating your business five, ten or twenty years out.

For those of you who are considering new business initiatives, especially if it is caused related or a socially responsible enterprise, you might want to take a look at this new type of business that redefines the very purpose and meaning of a business.

It's called a B Corporation. What are B Corporations?

B Corporations are a new type of corporation which uses the power of business to solve social and environmental problems. B Corporations are unlike traditional responsible businesses because they:

• Meet comprehensive and transparent social and environmental performance standards.
• Institutionalize stakeholder interests.
• Build collective voice through the power of a unifying brand.

Check it out and find out why it matters here:

Certified B Corporation