Get All Access for $5/mo

Responding to Outside Forces Understand the outside factors that ultimately affect your business.

Determine how your company is linked to the economy. If theeconomy dips or rises, how will your business be affected? Somebusinesses, such as those that determine how companies can savemoney on phone and utility bills, fare well in a depressed economy.Other types of businesses depend on a strong economy.

Excerpted from Starting a Home-based Business

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

These Companies Offer the Best Work-Life Balance, According to Employees

The ranking is based on Glassdoor ratings and reviews.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

Why Your AI Strategy Will Fail Without the Right Talent in Place

Using fractional AI experts through specialized platforms allows companies to access top talent cost-effectively, drive innovation and scale agile strategies for growth.

Business News

Here's What the CPI Report Means for Your Wallet, According to JPMorgan and EY Experts

Most experts agree that there will be another rate cut next week.

Science & Technology

Use This Framework to Successfully Integrate AI Into Your Business Operations

Here's how to ensure both innovation and compliance when using AI in your organization.