Many people use guest authorship as a platform to build their reputation, network with other people, or increase visibility for their businesses. But did you know that guest authorship can also make you a better entrepreneur all around? Here’s how.
2. Prepare for financial challenges
Most of the 600+ small businesses we interviewed in the start-up survey said that cash flow was by far their biggest challenge. Deal with cash flow blows by saving for a month’s worth of expenses or by getting creative with how you lower your overheads.
You could offer clients a discount if they pay a deposit or the full amount upfront, or even an incentive – e.g. pay 10% less if you deliver your product or service a week earlier. Whatever you do, be extremely careful of debt – this is one of the biggest killers of small business success.