You've got an idea for launching a small business. That spark of inner genius in itself is a feat worth celebrating. But that little lightbulb floating above your head – bright as it may be – can dim quickly if your idea isn't an all-around winner. Of course, you must think your idea is good or else you wouldn't consider moving forth, but to really assess its true value and profitability, you'll need to have a solid "yes" as your answer to the four imperative questions below. You've dreamt it up, now make it a reality!

Are You All In?

First and foremost, are you busting at the seams with passion for your project? If you have any doubts, how will you convince anyone else that your business is worth their while? Additionally, you're going to need to go all in to get this thing off the ground and running strong. If your business idea is inspiring, motivating, and you cannot imagine doing anything more, you're off on the right foot.

Business News Daily quotes Melissa Bradley, executive-in-residence and director of entrepreneurship and innovation at the Kogod School of Business at American University. She notes, "Since starting a business requires an inordinate amount of time, energy and patience, ideally, the idea will be one that you are passionate about and have skills/experience in."

Not to mention, you'll likely have to put forth a heap of funds into your endeavor. Without a rip roaring inner drive, making the money back (and then some) won't happen easily. Your whole heart and soul must thrive off this idea in order for the world to take notice too.

Does It Fill a Void?

Why exactly do you want to pursue this business? If your answer is that you see something's missing out there, or you've got a way to improve upon what your competition is putting forth, then you're onto something smart. You need to know your goal and stand by it.

B Plans suggests asking yourself the following to assess if your idea is smart: "What's your mission? All new businesses need a sense of purpose. Are you trying to improve people's lives in some way? What are the core differentiators of your business that set you apart from the next person trying to build a similar business?"

If your idea is already a "been there, done that" one, you may need to rethink your strategy. Why would someone buy or use your (at this time, unknown) product or service, when there's already a tried, true, and trusted one out there? If your plan isn't fresh or unique in some way, spending time developing it further could lose you money and take away valuable time and energy that you could put towards a new and more meaningful (and profitable) pursuit.

Do People Want It?

Talk up your idea with friends and family and people in the field who are knowledgable or have been successful. Even run your business idea past strangers – you're going to want as many people as possible to buy or use your product or service, right? Find out if people would actually pay for what you're planning to offer. Because even if they like your idea, it doesn't mean they would spend their money on it. Someone may like the idea of getting a Ferrari, but it doesn't mean they're headed to the dealer any time soon.

Business News Daily quoted Wil Schroter, co-founder and CEO of Fundable. He said, "An idea is just an idea until you have a paying customer attached to it. Anyone can discredit a simple idea, but no one can discredit paying customers."

B Plans suggests running test ads with Google Adwords or on Facebook to see if there's any positive response (or any at all for that matter). Revamp and tweak your ideas with the feedback you receive. Any input you get can be put to good use for you to rethink your strategy, spend, and style. It's all about the basic business principal of supply and demand. Make sure whatever you're dreaming up is going to be sought after with enough power to make your company money.

Do You Have a Solid Marketing Plan?

Just because you build it, it doesn't mean they're going to come. In order to fully get that product or service to the right clients and customers, you'll need to have a unique selling point that's scalable to the point you can and want to take it. Clearly defined marketing plans and goals must be laid out before you introduce your product. First impressions aren't the only ones you get, but they will set the reputation for your brand.

Inc. suggests getting advice from a marketing professional from the get-go. "Doing this will reduce your business risk as well as overhead expenses, while providing you with details about how much your business demands in terms of promotion and advertising. New businesses that ignore the value of marketing and think this is something that can be worked out later are usually seen rectifying errors committed at the outset."

Just because you are a savvy entrepreneur doesn't mean you're a marketing whiz as well, so let the experts guide you. Once you've grown your company, you can hire a marketing team to help the business soar year after year with marketing campaigns, social media presence, and other advertising strategies.

With these 4 items in mind, are you convinced your idea's a good one? If not, use these questions to help you get that plan solid and ready for takeoff. Good luck!

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Over two years into the most momentous event in our lives the world has changed forever … Some of us have PTSD from being locked up at home, some are living like everything’s going to end tomorrow, and the rest of us are merely trying to get by. When the pandemic hit we entered a perpetual state of vulnerability, but now we’re supposed to return to normal and just get on with our lives.

What does that mean? Packed bars, concerts, and grocery shopping without a mask feel totally strange. We got used to having more rules over our everyday life, considering if we really had to go out or keeping Zooming from our living rooms in threadbare pajama bottoms.

The work-from-home culture changed it all. Initially, companies were skeptical about letting employees work remotely, automatically assuming work output would fall and so would the quality. To the contrary, since March of 2020 productivity has risen by 47%, which says it all. Employees can work from home and still deliver results.

There are a number of reasons why everyone loves the work from home culture. We gained hours weekly that were wasted on public transport, people saved a ton of money, and could work from anywhere in the world. Then there were the obvious reasons like wearing sweats or loungewear all week long and having your pets close by. Come on, whose cat hasn’t done a tap dance on your keyboard in the middle of that All Hands Call!

Working from home grants the freedom to decorate your ‘office’ any way you want. But then people needed a change of environment. Companies began requesting their employees' RTO, thus generating the Hybrid Work Model — a blend of in-person and virtual work arrangements. Prior to 2020, about 20% of employees worked from home, but in the midst of the pandemic, it exploded to around 70%.

Although the number of people working from home increased and people enjoyed their flexibility, politicians started calling for a harder RTW policy. President Joe Biden urges us with, “It’s time for Americans to get back to work and fill our great downtowns again.”

While Boris Johnson said, “Mother Nature does not like working from home.'' It wasn’t surprising that politicians wanted people back at their desks due to the financial impact of working from the office. According to a report in the BBC, US workers spent between $2,000 - $5,000 each year on transport to work before the pandemic.

That’s where the problem lies. The majority of us stopped planning for public transport, takeaway coffee, and fresh work-appropriate outfits. We must reconsider these things now, and our wallets are paying

the price. Gas costs are at an all-time high, making public transport increase their fees; food and clothes are all on a steep incline. A simple iced latte from Dunkin’ went from $3.70 to $3.99 (which doesn’t seem like much but 2-3 coffees a day with the extra flavors and shots add up to a lot), while sandwiches soared by 14% and salads by 11%.

This contributes to the pressure employees feel about heading into the office. Remote work may have begun as a safety measure, but it’s now a savings measure for employees around the world.

Bloomberg are offering its US staff a $75 daily commuting stipend that they can spend however they want. And other companies are doing the best they can. This still lends credence to ‘the great resignation.’ Initially starting with the retail, food service, and hospitality sectors which were hard hit during the pandemic, it has since spread to other industries. By September 2021, the US Bureau of Labor Statistics reported 4.4 million resignations.

That’s where the most critical question lies…work from home, work from the office or stick to this new hybrid world culture?

Borris Johnson thinks, “We need to get back into the habit of getting into the office.” Because his experience of working from home “is you spend an awful lot of time making another cup of coffee and then, you know, getting up, walking very slowly to the fridge, hacking off a small piece of cheese, then walking very slowly back to your laptop and then forgetting what it was you’re doing.”

While New York City Mayor Eric Adams says you “can't stay home in your pajamas all day."

In the end, does it really matter where we work if efficiency and productivity are great? We’ve proven that companies can trust us to achieve the same results — or better! — and on time with this hybrid model. Employees can be more flexible, which boosts satisfaction, improves both productivity and retention, and improves diversity in the workplace because corporations can hire through the US and indeed all over the world.

We’ve seen companies make this work in many ways, through virtual lunches, breakout rooms, paint and prosecco parties, and — the most popular — trivia nights.

As much as we strive for normalcy, the last two years cannot simply be erased. So instead of wiping out this era, it's time to embrace the change and find the right world culture for you.

What would get you into the office? Free lunch? A gym membership? Permission to hang out with your dog? Some employers are trying just that.

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Did you hear about the Great Resignation? It isn’t over. Just over two years of pandemic living, many offices are finally returning to full-time or hybrid experiences. This is causing employees to totally reconsider their positions.

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