Maintaining morale and growth are among top concerns for CEOs. Here’s what to do about it.

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Digital businesses  — from part-time side hustles selling homemade jewelry to local restaurants that started fulfilling orders online during the pandemic — have helped U.S. communities weather the economic storm caused by the COVID-19 crisis.

Orders placed on such websites almost doubled between January and April, as stay-at-home edicts caused consumers to move spending online.

The upshot is that communities with a higher concentration of these web-based micro-businesses tended to lose fewer jobs at the peak of the unemployment crisis. 

These and other findings are part of a new dataset from Venture Forward, a multiyear research project that combines information about GoDaddy’s millions of U.S. web domains with data from the Census Bureau, Bureau of Labor Statistics and similar sources.

Of these “ventures,” roughly 75% are businesses and the rest are a mix of nonprofits, civic groups and personal sites. Because many of these ventures aren’t incorporated or don’t have … Read the rest

Six ways that we get the most value from our chosen management tool

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Do you ever watch a show like “Shark Tank”and find yourself yelling at the screen, “Hey! That’s my idea!”? You’re not alone. Over the years, I’ve personally filled notebooks with thousands upon thousands of small business startup ideas with high hopes of making the big bucks. From starting a T-shirt and apparel business to planning out a food truck in Boston to building an app for expecting and new dads, my imagination ran wild with ways of making a lavish life for my family.

Now that I run my own digital marketing agency and speak for Google on a national stage, I write even more ideas in the Notes app on my iPhone because of the interactions I have with a wide variety of entrepreneurs. I’m sitting on a gold mine of small business startup ideas, but there’s just not enough time in the day.

If you’re looking to start … Read the rest

The result depends not just on how much they earn, but where and how they live.

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Editor’s note: The following is a guest post from our friends at Weglot.

Taking your WooCommerce store international can open you up to a huge potential customer base that’s interested in purchasing your products or services.

If your offerings are familiar and have appeal across different countries then the benefits of being able to sell to those customers hardly need to be elaborated on.

The only question is: how do you go about doing that?

In this post, we’ll go over the five key steps you need to follow in order to get started and set up a fully-functional WooCommerce store that can cater to customers across different countries, currencies, and languages.

The best part is that you can do all of this without setting up multiple sites, negatively impacting your site’s SEO, or incurring huge up-front costs.

How to set up an international WooCommerce store

1. Design for different

Siete Family Foods built a thriving business around a booming new food category, grain-free Mexican-American. Learn how.

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Disclaimer: This content should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.

Consumers spent $601.75 billion online with U.S. merchants in 2019, up 14.9% from the year before, according to the U.S. Department of Commerce. With online sales sure to increase in the coming years, it’s prime time to get moving on the ecommerce idea you’ve been itching to start. However, just like brick-and-mortar businesses, ecommerce companies also have legal and tax issues to consider when choosing a business entity type. Which business structure will offer the most advantages depends on a number of factors.

Which business entity is best for an ecommerce company?

Here are the options available to you and what to think about when structuring your new ecommerce business. There are also some insights on where to turn for help when making … Read the rest

Strategies for making the most of the platform for your business

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Fighting your body clock to conform to an external standard is only likely to make you less productive and successful, not more.

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