The Local Mogul Blog.

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

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.

With all it takes to start and run a business, the small business often feels like an extension of your family.

Business consultants, or business management consultants, play a vital role in the business lifecycle ecosystem.

If you're a new entrepreneur considering what type of business to buy, you may wonder whether to buy a franchise or an existing business. Even for the seasoned entrepreneur, deciding to buy a new business is certainly not an easy task. In this post, we will review the pros and cons of buying a franchise versus an existing business, leaving you better equipped to make the best decision for your future. Buying a Franchise. Franchising presents an exciting and unique opportunity

When starting a small business, failing to plan is planning to fail. While you may have a great product and service that you plan to offer, without business credit, your small business is bound to hit roadblocks. One way to overcome this obstacle is by planning to establish business credit. You must take steps in a particular order to ensure the process of establishing business credit goes smoothly. Having been through this process ourselves as small business owners and busin

If you're a first-time small business owner, you may wonder if you need a business plan. With all the work it takes to start a business, some new small business owners skip over this critical step to get their business off the ground. One of the biggest mistakes a small business owner can make is not creating a business plan. A business plan is an essential investment in your small business. For example, you need a business plan if you want loans or investors. Without a busin