Business Basics

The Challenges of Owning Your Own Business, and How to Deal with Them Updated Post Click Here Lots of people dream of owning their own business—and for obvious reasons. The desire to have freedom and autonomy over your own career is understandably powerful, as well as the chance to make income on your own terms. But if you’re going to start a business, you’ll need to be prepared for the challenges that ownership entails. In this article, we’ll briefly talk about the difficulties of owning your own business and some effective, meaningful solutions to them. #1. Figuring Out Your Business Plan You’re in the driver’s seat—you have to decide where you’re going. That means drawing up a complete and exhaustive business plan. While business plans are ostensibly created to present to investors (we’ll get to them in a minute),...

Your Unique Selling Proposition (USP) When we started Joonomy it was important for us to craft our Unique Selling Proposition properly (USP). Your USP has the ability to differentiate your business from your competition. Having a strong USP that you can deliver on, can be the foundation of your business. Our USP for Joonomy is: "We help new business owners succeed by providing a trusted marketplace to hire the right candidates and find customers for their services. And we provide this at no cost to you." Please let us know what you think about our USP in the comments box below. Now, let me share with you our thought process in creating our USP, hopefully this will inspire you with the creation of your USP. You want your USP...