Daily Data
Today, we're sharing a round-up of headlines for you from around the country:
$100,000 in Grant Money Available to Underrepresented Business Owners in Texas
How Vistaprint is using its partnership with the Celtics to court small businesses in New England
NC ranked second in the nation for small business job growth in June
Here’s What Businesses Should Know Before Leaving California
5 Steps to Scaling Up from Solopreneur to CEO
Most entrepreneurs are sole proprietors. In fact, sole proprietorships are the most common business structure in the United States: accounting for 73% of all businesses and including more than 23 million people. Sole proprietorships can vary in size, but they come down to this essential structure: one person owns, operates, and pays taxes on the business.
But how do you scale up from solopreneur and being in business on your own to being a team leader, a boss, and a CEO in charge of a growing team?
Signs Your Organization Is Ready for a Board of Directors
Your startup is off the ground and going strong. As you grow, you find yourself wondering: does your business need a board of directors?
Here’s how you know – and the steps to get there!
The Word
Check out our recommended reading for the week:
- 14 Recommendations For Small Business That Are Growing Quickly (Forbes)
- Hear directly from other entrepreneurs about priorities to stick with and sticky spots to avoid.
- Why should you care? Growing well is just as important as doing well enough to grow.
- Board members and the C-suite need secure communication tools (Help Net Security)
- If you decide to pull the trigger on implementing a board to your operations, place a premium on protocols like these from the start.
- Why should you care? Regardless of where you are in your business journey, protect your assets—including your communications.
- 5 Ways to Differentiate Between Good and Bad Investors (Inc.)
- Sometimes expanding means bringing on investors who believe in your expansive vision.
- Why should you care? Money comes with strings attached.