Small Business News: Starting Your New Business In A New Year

Whether your starting a new business or rethinking an existing one, 2011 offers fresh possibilities and a new start. If you’re launching a new business, there have never been more resources available to start you on your way. If you have an existing business, look for resources and strategies to make the most of it for a new start in a new year. We hope the advice and resources below will help.


Tips for raising small business capital. Raising money to start your business may be among your most important steps in the process of getting your small business up and running and make no mistake, it isn’t easy. But with five easy steps you make the prospecting process much easier by establishing a business model, a product and an easily understandable picture of the value your company represents.


Can your small business change the world? More than simply turn a profit, does your business create true value in a way that changes the world in which we live? Social entrepreneurship is taking this philosophy to whole new level and as you consider your new or existing business in 2011, it may not be a bad idea to figure out where you fit in. YoungUpstarts

What do you want from your business in 2011? As crazy as it may sound, coming up with a set of New Year’s resolutions may be more than just a Holiday tradition. It could be a critical way for either starting a new venture or making important changes to an existing one. Entrepreneur Andre Taylor has some exciting ideas along these lines in this short video. Small Business Loan Blog


What are your small business ideas? Entrepreneur and blogger Ivan Widjaya has a few of his own to share. The business ideas in this list aren’t exactly specific but explore some brand new trends out there that could stand a second look. It’s a great idea to look at some new possibilities when considering starting a new business or branching into a new product or service. Here are some ideas to get the creative juices flowing. Noobpreneur

Survey Says

Some entrepreneurs far from frustrated. The optimism rate amongst entrepreneurs has fluctuated up and down during the tough economic times we’ve all experienced recently. But just how enthusiastic small business people are about the future kind of depends upon who you ask. Here’s one ray of sunshine amongst participants of a recent survey conducted by a blog targeted at solo entrepreneurs that suggests their outlook is far from gloomy. The Solopreneur Life


Staying engaged with your customer base. Whether they’re the people that read your blog, follow you on Twitter and Facebook, buy your products and services or refer others to you, your network is a community that must be nurtured. If you’re just starting a business, this could involve building a network in the first place. If you have a business it means keeping that network energized. Epic Launch


By any other name. Yes, that new product, business or service name certainly can be important. Think of how much is riding on your choice! No, maybe it’s a better idea that you don’t go overboard fretting about this particular choice. Instead, get educated about the best way to identify a new business or revitalize an old one. Fast Company


Little changes can make the biggest difference. In his first post of the New Year, David Siteman Garland talks about the small alterations you can make in a new business or an existing business that lead to big differences down the road. Sure, it’s easy to look at what needs to change and get done in the coming year and to get overwhelmed and intimidated as a result. But sometimes smaller, simpler changes are what count. The Rise to the Top

What’s the hottest new business idea? It’s inevitable around this time of year. Heck, we just shared a list of small business prospects earlier in this roundup. And that overwhelming list gets longer when you add those “hot” new franchise opportunities. Do yourself a favor, suggests Joel Libava. Do some due diligence. No idea is hot for everyone. Find the business model that works for you. The Franchise King

The Bookshelf

Want to win in 2011? Read this book! Ivana Taylor reviews a book by Rick Kash and David Calhoun with lessons for companies large and small. As its title implies, Kash and Calhoun’s book rethinks the way that companies look at satisfying customers, something every business should be examining as a way to succeed bigger in 2011. Small Business Trends


Joshua Sophy Joshua Sophy is the Editor for Small Business Trends and has been a member of the team for 16 years. A professional journalist with 20 years of experience in traditional media and online media, he attended Waynesburg University and is a member of the Society of Professional Journalists. He has held roles of reporter, editor and publisher, having founded his own local newspaper, the Pottsville Free Press.

10 Reactions
  1. That’s right;

    Just because something’s “hot,” doesn’t mean that it will stay that way, nor that it’s hot for you.

    Thanks for the shout-out!

    The Franchise King

  2. Martin Lindeskog

    Thanks for giving me fuel for my soul in order to start the new year in a fresh way! 🙂

  3. This was a great article

  4. Staying engaged with your community is key these days and the area where most small companies don’t have the necessary resources to manage.

    Great article to get us thinking for the new year.

  5. Tynnisha Hamilton

    A new year brings so many new possibilities! January 1st is the most exciting, because no matter how business went in the previous year, you can be off to a fresh start. You can learn from you mistakes in 2010 and make 2011 the best year you’ve had yet!

  6. Many thanks for the mention!

    YoungUpstarts’ article is giving me some thoughts. As a biz blogger, I do need to use my voice to “change the world” one blog post at a time.

    Sparking optimism and creativity are my purpose with – no rants, negative opinions, and such.

    Are you ready to rumble? I am, and I wish you are ready, too.

  7. It’s true that the new year is a good time to refresh your business and find areas for improvement and what better way to do that by doing a self analysis and of the business you run for enhanced performance in the coming year! You and your readership may be interested in an e-course on Personal Productivity for self development in 2011.

  8. A new year always bring new opportunities especially for those that are looking for them. If this is your year to make a change then by all means a business may be the change that you are looking for.