As the new year approaches, many small business owners are looking ahead and making plans for the future. For some, that might mean setting goals and making resolutions for the year ahead. If you're a small business owner, what's your New Year's resolution for 2023?

As the year comes close to an end, people across the world are thinking of the right ways to begin the coming year on the right footing. One way you can start on a high is by starting a business venture and working hard for its success. Although there are many business ideas, only a handful last for a year, let alone make a profit. Due to this challenge, most wannabe entrepreneurs find themselves losing hope of ever being business owners in their lives again. As you embark on a new year, here are 7 great ideas for a business venture that can interest you:

As a small business owner, you are definitely thinking of ways to improve and make it bigger and better. This will remain a dream until you find practical ways to realize them. Research indicates that most small and medium-sized businesses (80%) make it through the first year, while half survive their five-year anniversaries. As such, if you want to be among those who manage to beat the five-year mark, you must invest time and effort into your small business to see it grow into a bigger organization. Here are some strategies and approaches that can make your small business better.

The goal of any business owner and entrepreneur is to develop an enterprise and, at some point, grow and expand it to a big organization. However, this is easier said than done. Many small business owners lose focus along the way and some even end up closing altogether. As you seek to expand your business, here are some strategies to help you achieve your target.