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Small Business Info Index
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- Keeping your Business Alive By George Torok
As long as you eat and breathe you will stay alive. But is that really living? In a crisis that may be enough. If your business is in crisis - deal with it. But the secret to keeping your business alive is growth.That is the litmus test of keeping your business alive. Look at nature. Everything that is alive continues to grow. Growing your busine…
- From Birth to Death By Dave Collins
Your product is dying. With the same inevitability that we humans move ever closer to death, so does every software application move towards its eventual demise.The difference is that we have become increasingly competent at caring for ourselves and each other with the result that our chances of a longer and fuller life continue to increase with …
- Five Tips & Five Steps --- To Sell or Not To Sell My Business By Rick Johnson
You’ve thought seriously about selling your business but you really don’t know where to start. You have heard some horror stories about different selling processes, paying an upfront fee and settling for less than what you really wanted but people get so far into the process that they can’t turn back. You’re not really big enough to hire one of t…
- Recognizing Employees’ Contributions Can Go a Long Way By Stephen Parezo
Every employee would like to earn as high a salary as they can at their job but surprisingly it’s not the number one motivating factor for them in the workplace. Human resource surveys indicate that wages are not even among the top five motivating factors for an employee. What does rank as one of the highest factors is being recognized by their…
- Analyzing Customers in Your Business Plan By Dave Lavinsky
The Customer Analysis section of the business plan assesses the customer segments that the company serves. In it, the company must 1) identify its target customers, 2) convey the needs of these customers, and 3) show how its products and services satisfy these needs.The first step of the Customer Analysis is to define exactly which customers the …
- What Is YOUR Value Proposition? By Bette Daoust, Ph.D.
Every company has a value proposition. That is a statement of their perceived value to their clients. Often a company will have one perception at the executive level, another at the sales level, and even a third one at the client level.Value propositions need to be aligned so that the customer is getting a consistent message. If the value proposi…
- How To Choose A Franchise By Janet Attard
You'd like to go into business for yourself, and believe that the best way for you to become your own boss is to buy a franchise. You know it will takes time and money to be successful, and that's OK. But which franchise should you buy? Which makes the most sense for you?Here are some criteria that can help you make your decision:1. What products…
- Reaping the Rewards of Cost Cutting By Keith Ketheeswaran
In these days of insecurity and uncertain futures, the tendency is to manage for survival but the smart business leaders are actively hunting for profits.And they are doing this without launching costly new initiatives or major capital investments. Seems difficult? Only if we are bound by the traditional approaches to profit growth.Take the case …
- Auto Detailers and Competitive Aspects of Automobile Detailing By Lance Winslow
There are both fixed and mobile detailers. Consumers often will use either or both during the life of their car. Mobile Detailing is nice because they come to you. Fixed site auto detailers often work in a controlled environment and can produce higher quality work. Due to the competitive aspects fixed site detailers generally will offer pick up …
- Business Debt Collection Letter Writing Secrets By Steve Austin
Debt collection letters--an overview“Debt collection letter” in the singular may be an oxymoron, since unfortunately, one is rarely enough. You should have a series of letters to send to deadbeat clients, each one becoming a little more insistent. Here are some ideas for a five-letter series.Don’t make your first letter look like a collection let…
- Start a Resume Writing Service for Profit By Randy Wilson
The resume writing service serves an important role in the economy. Many qualified candidates have a difficult time marketing themselves to employers and turn to a professional writing service for assistance. A successful resume is more than just a job history. As an experienced resume writer, you can provide the exposure needed for a job seek…
- Can You Convert Your Marketing into a Religion? By Sean D'Souza
Religion breeds fanatics.We've all seen that. And if it works for a bunch of crazies, why not make the same marketing strategies work for your product or service? Can you possibly adapt a system that has worked flawlessly for thousands of years to your business? Do you want to have customers chanting your name endlessly?Suuuuuurrrrre you do! Read…
- Market Leader Has the Ball in Your Court By Arvind Kumar
Only the market leader should consider playing defense. This might seem straightforward, but it’s not.We’ve never met a company that didn’t consider itself a leader. But most companies base their leadership positions more on creative definitions than on market realities. Your company may be the leader “east of the Mississippi on Monday morning,” …
- Why the Over Regulation on the Franchising Model? By Lance Winslow
Franchising is the fastest way to build small businesses, provide jobs, create money flows. Currently the Federal Trade Commission wishes to increase the over regulation on the franchising sector. The way the Federal Trade Commission conducts itself provides little incentive or allows few new entrepreneurial companies to merge from the ashes to b…
- Tips on Setting Up Your Small Business Bank Account By Lance Winslow
One of the first things you will need to set up is a bank account. We recommend a large bank because:They have locations everywhereThey have longer hoursThey will probably buy out your local community bank anywayIf you are an owner/operator of a small business, you will appreciate having a Debit or ATM card for your business. They also have eas…
- How To Create A Business Note That Is More Attractive To A Note Investor By Afra AmirSanjari
You are selling your small business (business value under $1 million for this article).
You would like the buyer of your business to come in with an all-cash offer, or be
able to qualify for an SBA guaranteed loan. However, in many cases the owner of the
business ends up taking back the financing because the buyer is not able to make
an all-c…
- Image is Everything - Secrets to Cleaning Car Fleets By Lance Winslow
A recent survey indicated that clean Taxi Cabs Fleets have higher tip rates and repeat customers. How do you wash a taxicab? You do them four at a time and you go up and over and up and over when you are drying them. If they have a little taxi cab sign, dry that last. But you do the rest of the car the way you do a regular car. The only differenc…
- Obtain Maximum Results For Your Small Business Through Better Time Management By Rhonda Winn
Most small business owners are faced with so many responsibilities and an unbelievable workload throughout the day. Mainly because of the many different roles that we have to play. On any given day a small business owner must be a customer service representative, collections specialist, marketing specialist, public relations representative, and…
- It Looked Pretty Good to Me: Junk In! Junk Out! It May not be as Sweet and Full of Flavor as You Thi By John T Jones, Ph.D.
Don't fiddle with the characteristics of a best-selling existing product. Remember that a few years a go the owner of the "most valuble" trade name in the World changed the taste of their "battleship" cola. They did it after much testing and trials by consumer groups. But when they put it on the market, their customers didn't give one hoot about …
- Top 10 Rules for Small Business Success By Brian Grinonneau
1. TargetYou are not all things to all people. Decide on your niche--narrow your focus and broaden your appeal.2. Be DifferentIf your competitors are doing it, don't. Stand out from an overcrowded marketplace where so much of the advertising and products look the same.3. Build a TeamDon't hire an employee to fill a position. Employ a person to be…
- Purchase Order Financing: for Start-ups and Established Businesses By Donna Poisl
If you are a new business and you get a request for a huge order, it's exciting, isn't it? You start mentally adding up all the money you will make, all the supplies you can buy, all the business you can get after that.Then when you talk to the manufacturer of the product, and discover they need
partial payment before shipping, perhaps even some…
- Free Credit Card Merchant Account By Shane Penrod
If you have been doing business for a few years, you probably have heard about the benefits of opening a free credit card merchant account to expand the availability of your products and services. However, there are so many banks and other financial institutions competing for your business that you may be unsure which one to partner with in this …
- Is Your Business Profitable? By Pam Newman
What’s your job profitability? Do you know?Many business owners are unsure of their profitability at a company or job level. They “think” they are making money because they have a few dollars in their checking account. Having money in your checking account doesn’t mean you are profitable. It might simply mean you haven’t paid all the bills yet, s…
- Entrepreneur to Employer By Philip Lye
You make the decision to go into business and for some time work from home or in leased premises and your business starts to grow.Like all businesses you experience growing pains. Cash Flow is sometimes tight, customers come in ebbs and flows but you continue to make progress.You win a few major contracts and at the back of your mind you realise …
- A Few IT Security Tips for Small Business By Zachary Price
With the inherent stresses that come with running a business, there is often little time to digest the complex intricacies of security software. According to recent studies many business owners eschew the notion that their digital assets may be vulnerable to attack. Although an attack or infection can be potentially catastrophic, many believe dam…
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