Ask Dr. Deborah | Do I really need liability insurance?

Dear Dr. Deborah,

I am in the process of starting my own jewelry making business, and one step that I’m unsure about is insurance. Others have told me that liability insurance is an absolute must, but I’m not sure if I really need it. I’ll be running my business out of my home initially and mostly traveling to craft shows and potential vendors. Do I really need liability insurance?

-Janice, NH

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Ask Dr. Deborah | How can I better manage my time?

Dear Dr. Deborah,

I need some advice. I own and run a photography company, and business has been great. Most of my clients refer me to friends and colleagues, so new customers are flying in, especially with the wedding season coming up.  However, I’m finding it difficult to get everything done during the day. I don’t think I’m ready to hire an employee, but I don’t feel I have enough time during the day to finish everything that needs to get done. Do you have any suggestions?

– Caroline, VT

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Ask Dr. Deborah | Is self-employment the right career path?

Dear Dr. Deborah,

Recently I’ve been thinking about starting my own business, but I’ve heard that it requires a lot of work, and that most startup businesses fail. It’s a really big risk and I’m not sure I have what it takes. As the breadwinner of the family, we depend on the income from my full-time job to pay our bills, so I can’t really afford to take too big of a risk, but I would really love to have my own consulting company. Do you have any advice you can share?

– Miranda, TX

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Ask Dr. Deborah | Should I be creating press releases for my small business?

Dear Dr. Deborah,

My name is Katie, and I’m currently working on opening my own hair salon. Recently some fellow business owners were talking about how great press releases are for publicity. Being new to this, I agreed with them, but truthfully I don’t know much about such things. Should I be creating press releases, and if so what for and what do I do with them?

-Katie, WV

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Ask Dr. Deborah | Where can I find help starting my own business?

Dear Dr. Deborah,

For years I have had this hobby on the side that I work on after work. I love it and after much encouragement from family and friends I have decided to turn it into a business. However, I don’t know anything about running a business and I’m nervous about quitting my job. There are still bills that need to be paid and I’m worried I won’t have what it takes to make my business a success. Am I making the right decision? Is there somewhere I can find help?
-Josh, CT

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Ask Dr. Deborah | Why is my business not making a profit?

Dear Dr. Deborah,

My wife and I have been in business for a little over a year now, but we aren’t even close to breaking even. Our sales overall were good this past year, but there’s little to show for it. I’m not sure what we’re doing wrong. I don’t want to raise prices of our products, but I don’t know what else to do. Do you have any recommendations or suggestions on how we can improve our profits?

-Kevin, WA

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