Are your business’s services in high demand? Maybe you’re starting to feel like you’re ready to expand your business, but you don’t know where to get started. Or, you may not know if your services will stand out amongst competitors.
There are a lot of factors you must weigh before taking the leap to grow your business. Fortunately we’re here to guide you as you think about this exciting new venture. Tune into our webinar to learn about the five steps you should take to successfully scale your business, plus discover
- How to package your services
- How to determine the right pricing model for your services
- How to promote yourself so you stand out in a crowded industry
- How to navigate sales calls
- How to evaluate revenue projections based on services and close rates from sales calls
- How to scale your business by bringing on employees or contractors
Terry Rice is a Business Development Consultant and contributor to Entrepreneur. His focus is advising professionals on how to launch or scale their knowledge-based businesses which can include consultants, agencies and other professional services. Terry is also an Adjunct Instructor at NYU where he leads workshops for career-driven individuals. His previous experience includes working at Adobe and Facebook.
Featured Article: How is Preferred Stock Different from Common Stock?7 Stocks to Watch When Student Debt Forgiveness Gets Passed
Now that the Biden administration is fully in charge, student debt forgiveness has moved to the front burner. Consider these numbers. There is an estimated $1.7 trillion in student debt. The average student carries approximately $30,000 in student loans.
If $10,000 of student debt were to be canceled, there are estimates that one-third of borrowers (between 15 million to 16.3 million) would become debt-free. Of course, if the number hits $50,000 as some lawmakers are suggesting the impact would even greater.
Putting aside personal thoughts on the wisdom of pursuing this path, it has the potential to unleash a substantial stimulus into the economy.
And as an investor, it’s fair to ask where that money would go. After all, there’s no harm in having investors profit from this stimulus as well.
A counter-argument is that the absence of one monthly payment may not provide enough money to make an impact. However, Senator Elizabeth Warren referred to the effect student loans have in preventing many in the millennial and Gen-Z generations from pursuing big picture life goals such as buying a house, starting a business, or starting a family.
With that in mind, we’ve put together this special presentation that looks at 7 stocks that are likely to benefit if borrowers are set free from the burden of student loans.
View the "7 Stocks to Watch When Student Debt Forgiveness Gets Passed"