My Rich Blog
April 6, 2023
Photo by Cherrydeck on Unsplash As exciting as it can be, expanding a business is daunting. It’s an excellent way to increase your reach, but there’s no denying it requires crucial considerations before taking the leap. Here, we cover six essential items to keep at the top of your checklist as you embark on your business expansion! 1. Switch to an LLC If you haven’t already done so, now might be the ideal time to convert your business from a sole proprietorship or general partnership to a limited liability company (LLC). This can give you better protection from personal liabilities and simplify the process of […]
March 16, 2023
Photo by fauxels Global turmoil has caused many businesses to face unprecedented challenges. But with the right strategies, you can keep your business running smoothly. My Rich Brand has some tips on how business owners can keep their businesses going during turbulent times. Increase Your Web Knowledge Basic knowledge of web development tools like HTML, CSS, and JavaScript is essential for any business owner today. It gives you an edge over competitors who may not know how to leverage these technologies for their businesses. Going back to school part-time to obtain an online degree in IT could be an excellent way to hone […]
February 24, 2023
Photo by George Milton With the advancement of technology, home-based businesses have become a viable alternative to traditional employment. Home-based businesses offer flexibility, allowing entrepreneurs to work from anywhere, anytime. Launching a business from home can be cheaper than leasing office space or renting a retail storefront. Despite these advantages, running a successful home-based business requires careful planning and preparation. Let’s dive in. 1. Have a Business Plan Before taking the plunge into entrepreneurship, it’s essential to create a detailed business plan that outlines all aspects of the venture, including financial projections and market analysis. Your business plan should include specifics about how […]
February 6, 2023
Photo by Amina Filkins As a small business owner, you are responsible for many aspects of your business. It can be easy to get bogged down in daily tasks and lose sight of the bigger picture. But if you want your business to be successful, it’s important to focus on best practices that will promote success. Here are some of the most important ones, courtesy of My Rich Brand. Innovate, Innovate, Innovate In today’s rapidly changing world, it’s more important than ever for businesses to encourage innovation. You’ll quickly fall behind the competition if you’re not constantly looking for ways to improve and […]
January 13, 2023
Photo by George Milton Video is great for any marketing plan. It allows you to engage with your customers in a more dynamic and visually-appealing way, which can be more efficient in getting your brand’s message across. But where do you start? How do you create videos that are effective and engaging? This guide from My Rich Brand will provide an overview of video marketing tips and tricks that your small business can employ today. 1. Make Room for Video in Your Marketing Plan Videos can be added to your content marketing strategy to engage viewers beyond blog posts or social media campaigns. This helps […]
August 10, 2022
Photo by Campaign Creators on Unsplash If you wonder whether big data can benefit your small business like it does big corporations, the answer is simple: absolutely. You might be shocked by how much data your company generates daily. And if you put tools and disciplines in place to sift through the information for valuable insights, it can positively impact virtually every area of your business. My Rich Brand explains in more detail here! Managing Talent Recruiting and managing employees is a major challenge for most companies. Effective data analytics can help you zero in on the most promising candidates, determine which recruitment channels to […]
June 28, 2022
Photo by Jason Goodman on Unsplash Most small-to-medium-sized enterprises (SMEs) run on digital tools these days. If you’re not incorporating modern technologies, chances are your competitors are running a step ahead of you in innovation, efficiency, and productivity. Fortunately, finding and implementing the right tools is relatively simple. And many solutions are affordable too! Below, My Rich Brand briefly explains how digital improvements can push your SME toward long-term growth and success. Optimizing Your Processes Your business operations center around the processes you have in place. The more efficient and refined your processes, the better your company will be positioned for intelligent decision-making and […]
May 27, 2022
The move towards building a green business is intensifying these days with the growing need for businesses to become more environmentally sustainable. Therefore, it comes as no surprise that entrepreneurs are creating more eco-friendly companies and why there are more eco-friendly startups on the rise. If the thought of going green has piqued your interest, here’s how to go about starting one of your own. And if you want to improve your brand’s presence online, visit the My Rich Brand website, for expert digital marketing advice. Decide on an eco-friendly business model Eco-friendly business models come in all sorts of shapes and […]
May 25, 2022
If you’re looking to create an aesthetically pleasing brand and implement a robust digital marketing strategy for your business, team up with My Rich Brand today! When it comes to marketing your business, there is no “one size fits all” approach that will allow you to reach all of your potential customers. Instead, you need to think about how to create the perfect mix of strategies that will enable you to cast a wide net and make your company a success. Sometimes, that may require using older marketing seemingly methods forgotten over time. At My Rich Brand, we pride ourselves on creating exceptional […]
