In this week’s small business news roundup, we talk about setting prices, start-up myths to avoid, wellness plans in small businesses, classifying your venture for tax purposes, a survey about small business owners’ plans on expansion this year, and how to begin marketing your enterprise through video. Let’s go!
- Real-Life Lessons in the Art of Setting Prices: Are you pricing too high? Too low? Check out this great piece in the New York Times, which reminds us that “setting prices strategically is not just about the numbers.”
- Is Wellness a Fit for Small Business?: The Wall Street Journal reports on a new study showing that incorporating a wellness plan for employees to promote healthier living is a good idea even for small businesses.
- Myths to Avoid When Starting a Business: We shared this article via Facebook earlier this week, but it’s worth mentioning here again. Check out these nine myths you might hear as you head down the entrepreneurial path — and why you should ignore them.
- Is Your Small Business Really a Hobby?: The income tax deadline may have just passed, but taxes are forever, so to speak, so it’s worth reading this article about how your venture may be classified by the Internal Revenue Service.
- Hiring Plans Increasing, But So Are Cash Flow Concerns: The results of American Express OPEN’s Small Business Monitor show that small business owners plan on adding employees over the next six months, but aren’t exactly comfortable with their financials.
- A Picture Sells a Thousand [insert your product or service here]: Are you ready to produce videos to promote your goods or services? This article has some great tips on getting started.
What’s new in your small business world this week?