The Local Mogul Blog.

At King’s Dream Business Consulting, we understand that strong communities are the foundation of a thriving society. That’s why we’re excited to collaborate with King County’s Department of Local Services (DLS) to support local community-based organizations (CBOs) in unincorporated King County through expert technical assistance and capacity building.

At King’s Dream Business Consulting, we stand at a critical crossroads as we witness the closure of Washington’s Minority Business Development Centers (MBDCs) — a vital lifeline for minority entrepreneurs and small business owners in our state. This move not only signals the loss of valuable resources and support structures but also reflects a deeper systemic neglect of communities that have long been marginalized.

As a small business owner, you’re likely familiar with the realities and challenges of operating within a capitalist economy—one often marked by fierce competition, inequality, and uneven access to resources. To better understand the economic landscape and explore alternatives that emphasize fairness, cooperation, and collective empowerment, it is useful to learn about market socialism.

As a small business owner, expanding your customer base is key to sustainable growth. One often overlooked yet promising market is local educational institutions—specifically, high schools and colleges. These organizations regularly purchase a wide range of goods and services, from catering and event supplies to technology solutions and merchandise.

Here are the top 5 services small business owners seek when working with a Neighborhood Business Advisor—and how these services transform businesses like yours. 1. Strategic Planning and Business Management A Neighborhood Business Advisor helps you set clear, achievable goals and craft a strategic plan tailored to your unique market.

Understanding your business’s financial health is crucial to success. Three main reports can provide a clear picture of your business's performance: the Profit and Loss Statement, the Balance Sheet, and the Cash Flow Statement. Here’s a simple breakdown

Running a small business is incredibly rewarding, but it’s also filled with challenges and tough decisions. Many small business owners in Pierce County and beyond find themselves at a crossroads where they need expert advice and practical solutions to keep their ventures growing and thriving. This is where a small business consultant comes in.

The foundation of King’s Dream was laid for fringe groups and the marginalized – those breaking loose of self-doubt and societal constraints to tread the precarious trail of self-employment. A frantic lifestyle that involves eating only what has been hunted. Metaphorically.

Let’s plunge into a pool of reflections and actionable projections

Four of the most common challenges small businesses face.

Approximately 32% of small businesses fail in the first two years, about 51% fail within five years, about 66% fail within 10 years

Have you ever wondered what sets successful businesses apart in a crowded market?

According to census.gov, women comprised most U.S. home-based workers in 2021.

Running a small business is hard, but managing your finances doesn't have to be. Here's four tips to better manage your budget!

Feeling like you're running your business on survival mode? Here's how to make it out alive.

Why brand authenticity matters even more for small businesses.

Here's where small businesses should focus their risk management efforts.

Running a startup is hard. Here's how a business consultant can make the process easier.

Interested in becoming an S Corp? Here's what you need to know before taking the jump.

Washington has the third largest population of Pacific Islanders in the United States. Seattle, especially, has various Poly-businesses.