by GPwebsiteV3! | Apr 27, 2020 | Covid-19, GP Articles, Tips
If you are one of the fortunate businesses to receive a Paycheck Protection loan from the SBA in the first round of CARES Act funding, you have cleared a major hurdle in sustaining your business during an uncertain time. Now, the task of securing loan forgiveness...
by GPwebsiteV3! | Feb 21, 2020 | Business, GP Articles, Tips
The final most costly mistake made by business owners is wearing too many hats. In the early going, you may be tempted to try to handle all aspects of your business yourself, but it’s critical to have a support team to help you move the business forward. If you feel...
by GPwebsiteV3! | Jan 31, 2020 | GP Articles, Tips
Most successful entrepreneurs know their industry intimately and have expertise in their product or services. They’ve taken the trouble of accurately pricing these goods and services as well as made sure they’re not impinging on other business’ intellectual property....
by GPwebsiteV3! | Jan 14, 2020 | Business, GP Articles, Tips
Most likely, after reading our first three articles in this series, you’ve recognized that it’s best to proactively avoid costly mistakes when starting a business rather than retroactively correcting them. This next pitfall is no exception. Perhaps equally insidious...
by GPwebsiteV3! | Nov 22, 2019 | Business, GP Articles, Tips
In our last installment, we discussed the crucial nature of selecting the right entity type for a new or growing business. This week, we’re going to cover another dangerous pitfall for business owners: underpricing their goods or services. For a new or struggling...
by GPwebsiteV3! | Nov 5, 2019 | Business, GP Articles, Tips
Running a business is hard. Anyone that has ever run a small business knows that there are a multitude of mistakes to be made and each one offers its own series of lessons about how to do things better the next time. However, it’s good to know that someone else has...