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Passive Income

Mar 25
3 min

Passive Income

To create wealth, you should consider Passive Income. Check out these 5 strategies and learn what it takes to be successful with them. 1. Selling information products One popular strategy for passive income is establishing an information product, such as an e-book, or an audio or video course, then kicking back while cash rolls in from the sale of your product. Courses can be distributed and sold through sites such as Udemy, SkillShare and Coursera. Alternatively, you might

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TheBVDCenter March 2021 Newsletter

Mar 10
1 min

TheBVDCenter March 2021 Newsletter

“I raise up my voice—not so I can shout, but so that those without a voice can be heard. We cannot succeed when half of us are held back.” –Malala Yousafzai If you have suggestions, or would like to provide comments, please feel to email us at: TheBVDCenter@gmail.com or visit us at: www.theBVDCenter.org TheBVDCenter March Newsletter #SmallBusinessResource #SmallBusinessNewsletter #theBVDCenter #WomensHistoryMonth

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Black Billionaires

Feb 28
1 min

Black Billionaires

Here is the how the full list breaks down: Rank, Name, Net Worth, Citizenship & Source Aliko Dangote $11.5B Nigeria Cement & Sugar Mike Adenuga $6.1B Nigeria Telecom & Oil Robert F. Smith $5.2B United States Private Equity Abdulsamad Rabiu $4.8B Nigeria Cement & Sugar David Steward

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Titles Matter

Feb 21
2 min

Titles Matter

Small business owner titles can vary from the standard (CEO, owner) to the specific (head plumber, director of technical operations).You need to make your own decision about the right title to use. But there are some things to consider to help you determine the title that works best for your particular company and your role. Here are some of the options and things to consider: CEO CEO, or chief executive officer, is a very professional sounding title that lets you show that y

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Feb 13
2 min

Mary Ellen Pleasant, one of the first black self-made millionaires

Mary Ellen Pleasant may not be a household name, but her story rivals that of any great American entrepreneur. In the 1800s, Pleasant became one of the first African-American female self-made millionaires in the U.S. despite the significant obstacles she faced as black woman. Pleasant employed her inherent savvy, building a massive investment portfolio that was reportedly worth as much as $30 million at one time — a fortune that would make her close to a billionaire in today’

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Feb 6
1 min

TheBVDCenter February 2021 Newsletter

Now that 2020 is in our rear view mirror, it's time to look ahead. Each month BVDC will publish it's newsletter and hopefully inspire and encourage budding and accomplished entrepreneurs to turn their dreams into reality. If you have suggestions, or would like to provide comments, please feel to email us at: TheBVDCenter@gmail.com or visit us at: www.theBVDCenter.org TheBVDCenter Newsletter #theBVDCenter #SmallBusinessResource #Entrepreneur

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Small Business Tax Time Checklist

Jan 23
8 min

Small Business Tax Time Checklist

1. Know which tax forms you’ll need to fill out. You can’t file your taxes correctly without the right form or forms, so identifying the proper tax documents you’ll need is one of the first steps that any small business owner should take. The type of form you require will depend on the nature of the business you run. If you’re a sole proprietor, attach a Schedule C Form to your personal income tax return, or use a 1099-MISC If you’re a C-corporation, use Form 1120 If you have

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Tips For Using LinkedIn To Promote Your Business

Jan 19
2 min

Tips For Using LinkedIn To Promote Your Business

LinkedIn has been around longer than Facebook and Twitter, but is not as popular as those social media sites. LinkedIn is really a different kind of social media platform that requires different techniques for using it effectively. Most know LinkedIn as a business-focused social networking site that essentially allows users to create a road map of their careers, outlining where they were educated, positions they’ve held, and people they’ve worked with. Many of the features o

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Start A Business Using Your Laptop

Dec 28, 2020
2 min

Start A Business Using Your Laptop

Talk about a home-based business, you can start right now just using your laptop. Here a just a few ideas: 1. Digital Marketer - In general terms, a digital marketer is responsible for using digital channels to generate leads and build brand awareness. Digital channels include: Company websites Social media Search engine rankings Email marketing Online display ads Corporate blogs Beyond this, the digital marketer must also use measurable analytics to identify weaknesses and

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FORBES Most Powerful Women

Dec 13, 2020
1 min

FORBES Most Powerful Women

Forbes announced their World's 100 Most Powerful women for 2020. The list included some well-known women as well as some that were not so well-known. Since 2004, Forbes has compiled a list of the 100 most powerful women in the world. The categories include: Business, Finance, Media & Entertainment, Philanthropy, Politics & Policy, and Technology. Here are a few who made the list (click on their names to find out more) Mary Barra - # 6, CEO of General Motors (Business) Ana P

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Apps for Small Business Owners

Nov 8, 2020
3 min

Apps for Small Business Owners

As a Small Business Owner you have to wear several hats: Problem solver. Communicator. Financial whiz. If you’re looking to MANAGE your business more effectively, increase productivity and organization — or just make your life as an entrepreneur a little easier — a good business app might be just what you need. To help you navigate the seemingly endless sea of business apps, we’ve compiled a list of our favorite apps. Check with the individual companies for current pricing in

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Business Startup Ideas During the Pandemic

Oct 22, 2020
4 min

Business Startup Ideas During the Pandemic

Now is the time to let your creative juices flow. Whether you currently have a business or looking for a new idea, here are some good options: Handmade products E-commerce was already booming before the pandemic, but with most physical stores operating at limited capacity, selling online is the way to go for aspiring retailers. Crafters and artisans with newfound free time now have a unique opportunity to turn their passion and skills into a thriving business on sites like Et

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Best Memberships and Associations for Small Business Owners

Sep 16, 2020
4 min

Best Memberships and Associations for Small Business Owners

If you’re an entrepreneur, you’re probably used to going it alone. You live and breathe your small business: you’re responsible for every big success, and you decide how to try overcoming each obstacle you face. That doesn’t mean other people can’t help you, though. Local associations are an invaluable resource for small business owners—and if you don’t belong to any, then you could very well be missing out on the resources, experience, advice, knowledge, and skills that entr

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Youth Entrepreneurship Checklist

Jul 30, 2020
1 min

Youth Entrepreneurship Checklist

With most of our young adults learning virtually, this is an opportune time to introduce them to entrepreneurship. It they have the entrepreneurial bug, incorporate business development to their curriculum. If they are not quite sure if being their own boss or starting their own business is their cup of tea, the below steps will give them things to consider. Here are the eight steps your teen needs to use to get on a successful path to entrepreneurship: Set your goal: Lear

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Finance ~ Loan Types

Jul 14, 2020
2 min

Finance ~ Loan Types

Need financing for your business? These are the most common types of Business Loans: Business lines of credit let you spend up to a certain amount and then only pay interest on the amount you actually spend. Equipment loans help you pay not just for heavy equipment but for any physical asset your business needs as part of its daily operations. Invoice factoring loans (a.k.a. accounts receivable financing) pay you the amount of your outstanding invoices. No more waiting on cl

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Time To Strategize

Feb 28, 2020
2 min

Time To Strategize

Use This Time Wisely With everything that is going on in the world right now, you may be concerned how to move forward with starting your business. Or better yet, if you are already in business what should you be doing during this critical time. Strategize! Here are some tips: If You're Starting A Business: Develop Your Business Concept - Your business concept should show why your product or service is viable, how you plan to meet the unique needs of your customers and how y

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What IS SWOT Analysis?

Feb 7, 2020
1 min

What IS SWOT Analysis?

SWOT Analysis is a strategic planning tool to help businesses identify: Strengths, Weaknesses, Opportunities, and Threats. SWOT is intended to specify the objectives of your business venture and identify the internal and external factors that are favorable and unfavorable to achieving those objectives. Strengths and Weaknesses are frequently internal, while Opportunities and Threats are typically external. Let's review each component: Strengths: these are the characteristic

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Yes, You need a Website!

Jan 22, 2020
1 min

Yes, You need a Website!

The Number one reason is that 81% of people research a business or service in the internet prior to making a purchase decision. That’s a lot of people that you can connect with virtually! Here are some reasons why: Make More Money - And who doesn't want more money? If you don't have a website you don't have the potential to capture new customers. Also, it is available 24 hours a day, 7 days a week. It's working even when your not. Credibility - Having a professional websit

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Novel Business Ideas to Start After Retirement

Dec 9, 2019
1 min

Novel Business Ideas to Start After Retirement

These ideas take very little capital and also provide a regular income stream to supplement your retirement: Concierge - Do you like shopping? Why not run errands for your friends and neighbors while using their money. You can also make their travel plans, organize bills, and dog sit. There really isn't a limit to what you can do. Someone's Trash is Your Treasure - If you don't rummaging through someone else's trash or dumpster diving, you can earn dollars selling discarded

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