To allow small businesses to flourish and compete with larger companies in varied industries, the federal government sets aside contracts specific for small businesses, such as minority-owned businesses. It is a great opportunity for a small or new company to break into an industry dominated by big players. Check out this articles to learn more about how set-aside programs work, and how your small business can take advantage of these programs.
Do you know who David Steward is? He is one of the most successful entrepreneurs in America. He is the founder and chairman of World Wide Technology (WWT). WWT provides e-business solutions, ERP, and other commercial services. WWT’s reported revenues in 2017 was $10.4 billion. The success of WWT serves as a testament to Steward’s effective leadership skills and his commitment to having his business succeed. Check out this article to learn about this legendary entrepreneur and how he took an idea and made it into a Fortune 500 company.
No matter how well you plan and prepare, starting a business can be a high-risk gamble. There are many types of risks business owners could face. For example, businesses could face financial risks, legal risks, and market risks. However, there are ways to minimize the impact of these risks on your business. Check out this article to learn more about the types of risks your business could face and how to mitigate their impacts on your business.