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As a business leader, it’s important to keep up with what’s happening in your industry. Things change quickly, and you must consistently stay on top of news and best practices if they hope to remain relevant. However, with so many fluctuating trends, it can be difficult to pinpoint which are most applicable to your business. We asked a panel of Forbes Coaches Council members how leaders can maintain industry expertise as trends come and go. Their best answers are below. However, with so many fluctuating trends, it can be difficult to pinpoint which are most applicable to your business. We asked a panel of Forbes Coaches Council members how leaders can maintain industry expertise as trends come and go. Their best answers are below.

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You have a great idea for your first business. The next step is financing it -- but where and how do you get the money? Many of the members of Forbes Coaches Council have extensive experience working with entrepreneurs who are just getting their businesses off the ground. Below, 16 of them share their best advice for first-time business owners looking to secure funding. Follow these tips to help you start your new venture off on the right financial foot.

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In the growing gig economy, many professionals are taking on a “side hustle” in addition to their full-time job. More and more Americans choosing to pursue freelance work, sell handmade products, drive for rideshare services and more to earn supplemental income. While the idea of extra money is appealing, side hustles are not for everyone. That’s why we asked 16 Forbes Coaches Council members what they think everyone should consider when deciding whether or not to take on a side hustle. Here’s what they believe you should ask yourself when pursuing a new venture.

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At some point in your professional life -- maybe more often than you'd like -- you'll have to offer someone a piece of negative feedback about their performance. For many leaders, this is an unenviable task: If the recipient of your critique doesn't take it well, you'll be responsible for mitigating the emotional damage. In many cases, you can avoid a big blow-up with careful planning and a thoughtful approach to your criticism. This begins with understanding whether your feedback and its delivery method is truly constructive, or if may actually cause more harm than good. According to Forbes Coaches Council, here's how you can spot the difference between helpful and hurtful criticisms, and offer negative feedback in the most effective way possible.