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Don’t Wait Anymore! 20 Websites To Help You Start Your Own Business

Don’t Wait Anymore! 20 Websites To Help You Start Your Own Business

It is easier than ever these days to start your own business, especially with all the resources at your fingertips. Starting a new business is fun, exciting, challenging, and overwhelming all at the same time! I should know because I started a business 15 years ago from scratch, and let me tell you everyday is a new adventure.

Although there are more resources than ever to get your new venture started, combing through them to find the best can be a maddening experience. So, what I have done is come up with 20 websites that will not only help you get it started, but keep it running!

Complete A-Z Resources

SBA

This is my number one draft pick! The Small Business Administration is a must for anyone thinking about starting or currently running a company. They have more resources than anyone I know. SBA should be in your speed dial while starting and running your business.

SCORE

SCORE, who works with SBA, is a great resource as they offer mentors who have been there, done that, and it is free! They’re people who have done what you are trying to accomplish. So, don’t try and invent the wheel, get some guidance from professionals who know and SCORE is the place to do that!

My Own Business

I wish this site was around when I started my first business in 2000, fortunately we live in a time when resources are abundant, and this is a great one! They even have classes you can take for free that get you ready for your successful venture.

BPlans

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Although it sounds like this site will just help you with building your business plan, which is one of the most important steps in starting a business, it also helps you with pitching your idea, funding your business, how to get it started, managing it once you’ve got it up and running, as well as many other business tools.

StartupNation

Startupnation is a website I was unaware of until writing this article, but I am glad I stumbled upon it. It has everything you need to start your business including a community platform that involves groups, forums, and even a radio show.

AllBusiness

Whether it is a home based business, online business, franchising, buying or selling business, this site has ebooks and guides along with many other resources that will get you going in the right direction.

Business Know-How

This site is great. It takes you from ideas, to startup, to marketing, to HR, to financials. With worksheets, checklists, and ways to find money, it is a great resource for every stage of starting a small business.

Small Business News, Trends, and Ideas

Entrepreneur

Great articles on how and what it takes to start your own business from writing business plans to what it takes to be your own boss. Entreperneur is an industry leader with top articles in every avenue of becoming your own business owner.

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Inc

Inc. is one of the industry leaders in small business ideas and resources for entrepreneurs. This website is great for ideas and learning about what other successful entrepreneurs have done.

The Huffington Post

Great website to get ideas and general information for people running a small business. It has a ton of current small business news, which is essential to keep up with small business trends.

For Entrepreneurs

This site is done by David Skok, who is a serial entrepreneur turned VC. He writes for this site and provides entrepreneurs help with starting their companies. No better place to learn than from someone who has done it time and time again.

TheSelfEmployed

This site was created by the bestselling author Steve Strauss, who wrote The Small Business Bible. In Steve’s words, “The site aims to be your one-stop-shop for everything you need to know to have a fun and successful entrepreneurial journey. At the site, you will find relevant articles, how-to videos, podcasts, forums, and special offers that are all deigned specifically for the self-employed.” I couldn’t put it better myself, so I didn’t.

Social Media

Facebook

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When it comes to starting a successful business, marketing is at the top of your priority list. This site helps you understand some of the social media benefits and how to gain customers right away and increase your customer base as you grow.

WordStream

Wordstream is your all-in-one social media manager. Although it has a monthly fee, it can be well worth it. The site itself gives you a great helicopter view of how to manage your social media even without paying.

Legal

Shake

Just as marketing is vitally important to creating a successful business, without the right legal strategies your business is at risk of crumbling because you did’t have the right document signed. This site helps you understand the legalities of operating your own small business. From terminology to contracts, this site is a must!

Startup Company Lawyer

Are you looking for some legal advice, but don’t have the cash to pay the overpriced attorneys? This site gives great ‘legal” via posts. It answers many of the common questions anyone starting or running a small business needs.

Funding

Fundable

Depending on what type of business you are starting, funding can sometimes be an idea killer. Fundable is a great choice for those looking to raise funds when family, friends, and personal options are exhausted.

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Fundera

Another option for funding when all others methods are out of the question is borrowing. After filling out a single application, Fundera will then match you to up to three compatible lenders. Don’t waste time going from lender to lender. Fundera does it for you.

Onevest

Are you looking to do some crowdfunding to get your business started? If so, Onevest may be the way to go. You can raise up to five million from investors with proven results.

Gust

Gust is a cool site where you can upload your pitch for investors to see exactly who and what they will be investing in. A great way to get your mission and passion across to potential investors.

You now have 20 websites that will get you from idea to startup to successfully running your own show. No more excuses! Begin with SBA and before you know it, you will be in business!

Featured photo credit: Sony Xperia Z4 Tablet by Maurizio Pesce via flickr.com

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Last Updated on September 30, 2020

Effective vs Efficient: What’s the Difference Regarding Productivity?

Effective vs Efficient: What’s the Difference Regarding Productivity?

When it comes to being effective vs efficient, there are a lot of similarities, and because of this, they’re often misused and misinterpreted, both in daily use and application.

Every business should look for new ways to improve employee effectiveness and efficiency to save time and energy in the long term. Just because a company or employee has one, however, doesn’t necessarily mean that the other is equally present.

Utilizing both an effective and efficient methodology in nearly any capacity of work and life will yield high levels of productivity, while a lack of it will lead to a lack of positive results.

Before we discuss the various nuances between the word effective and efficient and how they factor into productivity, let’s break things down with a definition of their terms.

Effective vs Efficient

Effective is defined as “producing a decided, decisive, or desired effect.” Meanwhile, the word “efficient ” is defined as “capable of producing desired results with little or no waste (as of time or materials).”[1]

A rather simple way of explaining the differences between the two would be to consider a light bulb. Say that your porch light burned out and you decided that you wanted to replace the incandescent light bulb outside with an LED one. Either light bulb would be effective in accomplishing the goal of providing you with light at night, but the LED one would use less energy and therefore be the more efficient choice.

Now, if you incorrectly set a timer for the light, and it was turned on throughout the entire day, then you would be wasting energy. While the bulb is still performing the task of creating light in an efficient manner, it’s on during the wrong time of day and therefore not effective.

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The effective way is focused on accomplishing the goal, while the efficient method is focused on the best way of accomplishing the goal.

Whether we’re talking about a method, employee, or business, the subject in question can be either effective or efficient, or, in rare instances, they can be both.

When it comes to effective vs efficient, the goal of achieving maximum productivity is going to be a combination where the subject is effective and as efficient as possible in doing so.

Effectiveness in Success and Productivity

Being effective vs efficient is all about doing something that brings about the desired intent or effect[2]. If a pest control company is hired to rid a building’s infestation, and they employ “method A” and successfully completed the job, they’ve been effective at achieving the task.

The task was performed correctly, to the extent that the pest control company did what they were hired to do. As for how efficient “method A” was in completing the task, that’s another story.

If the pest control company took longer than expected to complete the job and used more resources than needed, then their efficiency in completing the task wasn’t particularly good. The client may feel that even though the job was completed, the value in the service wasn’t up to par.

When assessing the effectiveness of any business strategy, it’s wise to ask certain questions before moving forward:

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  • Has a target solution to the problem been identified?
  • What is the ideal response time for achieving the goal?
  • Does the cost balance out with the benefit?

Looking at these questions, a leader should ask to what extent a method, tool, or resource meets the above criteria and achieve the desired effect. If the subject in question doesn’t hit any of these marks, then productivity will likely suffer.

Efficiency in Success and Productivity

Efficiency is going to account for the resources and materials used in relation to the value of achieving the desired effect. Money, people, inventory, and (perhaps most importantly) time, all factor into the equation.

When it comes to being effective vs efficient, efficiency can be measured in numerous ways[3]. In general, the business that uses fewer materials or that is able to save time is going to be more efficient and have an advantage over the competition. This is assuming that they’re also effective, of course.

Consider a sales team for example. Let’s say that a company’s sales team is tasked with making 100 calls a week and that the members of that team are hitting their goal each week without any struggle.

The members on the sales team are effective in hitting their goal. However, the question of efficiency comes into play when management looks at how many of those calls turn into solid connections and closed deals.

If less than 10 percent of those calls generate a connection, the productivity is relatively low because the efficiency is not adequately balancing out with the effect. Management can either keep the same strategy or take a new approach.

Perhaps they break up their sales team with certain members handling different parts of the sales process, or they explore a better way of connecting with their customers through a communications company.

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The goal is ultimately going to be finding the right balance, where they’re being efficient with the resources they have to maximize their sales goals without stretching themselves too thin. Finding this balance is often easier said than done, but it’s incredibly important for any business that is going to thrive.

Combining Efficiency and Effectiveness to Maximize Productivity

Being effective vs efficient works best if both are pulled together for the best results.

If a business is ineffective in accomplishing its overall goal, and the customer doesn’t feel that the service is equated with the cost, then efficiency becomes largely irrelevant. The business may be speedy and use minimal resources, but they struggle to be effective. This may put them at risk of going under.

It’s for this reason that it’s best to shoot for being effective first, and then work on bringing efficiency into practice.

Improving productivity starts with taking the initiative to look at how effective a company, employee, or method is through performance reviews. Leaders should make a point to regularly examine performance at all levels on a whole, and take into account the results that are being generated.

Businesses and employees often succumb to inefficiency because they don’t look for a better way, or they lack the proper tools to be effective in the most efficient manner possible.

Similar to improving a manager or employee’s level of effectiveness, regularly measuring the resources needed to obtain the desired effect will ensure that efficiency is being accounted for. This involves everything from keeping track of inventory and expenses, to how communication is handled within an organization.

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By putting in place a baseline value for key metrics and checking them once changes have been made, a company will have a much better idea of the results they’re generating.

It’s no doubt a step-by-step process. By making concentrated efforts, weakness can be identified and rectified sooner rather than later when the damage is already done.

Bottom Line

Understanding the differences between being effective vs efficient is key when it comes to maximizing productivity. It’s simply working smart so that the intended results are achieved in the best way possible. Finding the optimal balance should be the ultimate goal for employees and businesses:

  • Take the steps that result in meeting the solution.
  • Review the process and figure out how to do it better.
  • Repeat the process with what has been learned in a more efficient manner.

And just like that, effective and efficient productivity is maximized.

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Featured photo credit: Tim van der Kuip via unsplash.com

Reference

[1] Merriam-Webster: effective and efficient
[2] Mind Tools: Being Effective at Work
[3] Inc.: 8 Things Really Efficient People Do

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