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StreetShares Blog - The Resource Center for Veteran Small Businesses

StreetShares Blog

The Resource Center for Veteran Small Businesses

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How Can I Begin To Grow My New Small Business?
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

Congratulations! You have taken the plunge into the world that many dream of but few make the leap; you are a small business owner. You are on your way to being a staple in American culture. Did you know that 2 out of every 3 new jobs in the U.S are created by small businesses? After the initial rush of launching the business, telling friends and family about your new venture, and getting everything just so, you realize that your business cannot thrive on adrenaline alone. You need customers. You need growth. While there are a plethora of ideas floating around out there, you need to mindful of your time and efficiency. After all, you are running a business! Here are some ways to begin seeing marked growth with your new small business:

 

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How Do I Start My Own Franchise?
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

According to the International Franchise Association, franchises have not only created 7.6 million jobs, but they have also added over $400 billion to our economy. Depending on what your business goals are or what your business model entails, franchising can be your path for continued business growth. Saying that you want to franchise your business is one thing. Knowing where to start is quite another. While the process is one that requires focus and attention to detail, the process will become streamlined if you come out of the gate with your best foot forward. Here are things to consider before deciding to go the path of franchising.

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How to Network (Even if You Hate it)
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

Networking- either you love it or you hate it. When we refer to the idea of networking, keep in mind that we aren't necessarily referring to sitting behind your computer. We mean getting up, getting out, and meeting people. With at least 70% to 80% of all employment opportunities not published, alongside the constant need for small business owners to make themselves known beyond a computer screen, networking is not optional anymore. It has become a skill that we all must master. Before you find yourself anxiety-ridden, know that networking is a process that not only has steps but nooks and crannies and tips and tricks of the trade. If you've ever wondered how to even begin networking, you've come to the right place!

 

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And the Winners Are...
| StreetShares Blog

By StreetShares on August 30, 2018

Congrats to the winners of the food & beverage edition of the StreetShares Foundation Veteran Small Business Award! These finalists will receive a trip to Orlando to pitch their business live at the Military Influencer's Conference, where first, second, and third place will be determined. Without further ado, the winners are....

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Two Secrets to Being a Great Leader
| StreetShares Blog

By Ben Killoy, Blog Contributor on August 29, 2018

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

When you step into the role of a leader for the first time after transitioning from the military to the civilian workforce, it can seem a little bit overwhelming. Your gut says that you need to be more military-like, but your surroundings are reminding you to need to be more civilian-like. The truth is we just need to be more human. 

The most important principle of being a great leader is that the people you lead have two fundamental needs: to be heard, and to be understood

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What Is a FICO Score and Why Does it Matter?
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

If you’ve ever needed to make a financial decision and thought to yourself, “how will this affect my credit score?”, we salute you. For the majority of Americans, the world of credit seems to be shrouded in secrecy and myth. Terms like credit score, credit report, and FICO score are thrown around without consumers knowing their true meaning. Understanding your FICO Credit Score and why it matters is important, but it doesn’t need to be complicated.

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How Do I Find a Business Mentor or Coach?
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

$1.02 billion. That is the 2016 valuation of the professional coaching industry in the United States. According to the International Coach Federation the United States has approximately 17,500 coaches actively coaching- and this number continues to grow. With numbers like that, you think it’d be easy to find yourself a professional coach- but it’s often not! In fact, the intimidation people feel seeking the help of a complete stranger is enough to stop them before they start.

Here's the good news if you're the timid kind; coaches and mentors are all about you. You don't need to be a member of a fancy organization to find them either. Whether you have a budget for coaching or cannot spend a cent, we’re about to dive into ways to find one and start changing your life and business.

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Entrepreneur's Winning Secret: Use These 3 Elite Military Tactics in Business
| StreetShares Blog

This article originally appeared on Forbes.com on December 21, 2017. See the original publication here.

Hang out with entrepreneurs long enough and you notice patterns.

At StreetShares, we fund thousands of veteran-owned small businesses. I’ve noticed many successful veteran-owned small businesses are run by veterans from elite special operations units. These elite units include the Navy SEALs, Army Special Forces (“Green Berets”), Marine Corps’ MARSOC (formerly “Force Recon”), Army Rangers, and others. Units like this are selective and tough. The warriors in these units are highly trained and, as a result, they are given liberties and discretion that other military units do not have.

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Tips for Transitioning From the Military to the Civilian Workforce
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

Here is the reality: at some point or another, we all get off of the military train. While a bit harsh, I believe in speaking the truth, even if it stings a little. Despite this fact, the chief complaint I received while working with transitioning veterans was that they do not feel prepared for the road to civilian life. Sure, you will go through transition classes, meet with transition counselors, and practice going on job interviews, but what if you could do more? What if I were to tell you there are things that YOU can do right now that would help ease the transition and help you get ahead of the curve. Things you could do where you aren't waiting on anyone else. Interested? I thought so...

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Is Ecommerce A Viable Option For Your Small Business?
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

There’s no denying that ecommerce is big business. In 2017, it was responsible for $2.3 trillion in sales worldwide, and is expected to reach $4.5 trillion by 2021.

In the US alone, ecommerce represents almost 10% of ALL retail sales and that number is expected to jump by nearly 15% every year

Faced with statistics like these, setting up an ecommerce store seems like a logical step for every small business! However, just because the opportunity to take your business online is there, it doesn’t automatically follow that it’s a good idea for you.

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