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Information
Three Fraud Traps for Small Businesses
Any business can be the victim of fraud. Large businesses have resources to prevent fraud and resources to recover from the financial loss. A small business, however, may not have the resources to install programs to prevent fraud, and it may not be able to recover from the financial loss.Read more…Three Reasons To Raise Your Rates Right Now
Many of us struggle with raising our prices and charging enough money. How do you know it’s time to raise your fees? Here are three great indicators.Read more…Achieve Long Term Business Success By Having The Right Reasons / Motives
What is your reason for being in (or wanting to go into) business as an entrepreneur? Maybe you realised you might never get as rich as you really want to be by remaining in paid employment. Maybe you have some ideas about how to use your unique gifts and/or skills to change the world around you to a better place - among other things - by influencing new ways of thinking and doing things.Read more…Brand Name Filing Cabinets
Filing cabinets are a large part of today's offices. Although digital files are dominant in our workplace, it will be a long time before we rid the office of paper files the need to warehouse them. Hence, the continual need for quality brand name filing cabinets.Read more…Creating Multiple Streams of Passive Income: Why It Is Vital to Your Financial Future
It starts from the day we open our doors as entrepreneurs: the struggle to maintain a reasonably consistent cash flow. First we struggle to obtain clients or customers, preferably those ready to spend on quality product.If you're in a service business, as I am, next there is that worry about being paid--even agencies and direct clients that that have reputations for good payment practices can have their own cash flow crunches from time to time.Read more…Employer-Assisted Housing Benefits Employers, Workers and Their Communities
A front-page article in the Fall 2005 newsletter of Illinois’ Metropolitan Planning Council (MPC) calls attention to a swiftly growing movement among civic leaders, organizations and workers that affects employee benefits packages. In the article, Syed Quadri, an employee of St. Charles, IL-based smoke detector manufacturer System Sensor, praises the merits of the employer-assisted housing (EAH) program he enjoys through a cooperative effort between System Sensor and MPC.Read more…10 Smart Ways to Sell Your Small Business
If you’re a small business owner, you know just how tough it can be to get yourself and your products or services out there. Even if you’re picking up a franchise or moving into an area you know could be lucrative, often making a return on your investment is difficult—if not impossible. But it doesn’t have to be: no matter what size your business is, you just have to know how to sell it.Read more…Managing A Dipping Cash Flow Curve
A dipping cash flow curve is a cause of concern so much that, for a small business it is enough to have the panic button pressed. Small businesses in their infancies and adolescence barely generate cash flow sufficient for their monthly bills. A couple of lean months could mean skipping a few vital bills like electricity, mortgage, and salaries to employees.Read more…Many People Refuse to Run Their Business as a Non-Profit
Many entrepreneurs refuse to run a non-profit for various reasons. Some say they are inefficient and ineffective. Many times this is true.Read more…Luxottica's Foundation Gives the Gift of Sight and Connects Employees
Joe DeZenzo and his 20-person staff at the Give the Gift of Sight Foundation, a philanthropic arm of eyewear manufacturer and distributor Luxottica Group, are busy folks. DeZenzo spent the better part of May in two Romanian cities on a mission with a single aim: to help students see better. With the help of local Lions Club and American Red Cross volunteers, Give the Gift of Sight’s doctors, support personnel and vendor partners gave free eye exams and free eyewear to 26,000 people.Read more…Building a Culture of Collaboration
Eight years ago, Family Shelter Service (FSS), a provider of services to victims of domestic violence in Wheaton, Illinois, hired a new Executive Director, Karen Kuchar. Kuchar oriented herself to the organization by first listening and gathering information from the staff and board members. She discovered a lack of teamwork and collaboration in an organization that was undergoing a transition.Read more…Will Your Small Business have a Happy Ending ?
There is no question that as a small business owner you have persevered and worked hard, dedicating your life to the success of your company. That being said, don’t you think a company you put all of your energies into, deserves the chance at having a happy ending? Have you considered the impact your death, disability, retirement, or even divorce could have on your small business ?Read more…Competitors - Learn To Exploit Their Weaknesses
Competitors are one of your largest business threats. You have to know who your competitors are and how they operate. You will use this information to decide how to position yourself, where you price yourself, and how you're perceived by your marketplace.Read more…Consulting Salary - What Can Your Business Afford?
Consulting salaries are an important factor in your ability to hire the type of talent you will need as your business expands. You will probably do much of the work yourself, but as your business scales up you will need to employ others to help you. The consulting salary and payment scheme you offer will be key to attracting and retaining top talent.Read more…Small Business Lessons from the Crossing Guard
While out running errands the other day, I found myself stopped at a crosswalk. The crossing guard was leading young schoolchildren across the quiet street in a very organized fashion. I thought to myself, “What will the children do when they have to cross a busy street by themselves?Read more…We Learned More In One Day Than We Had In The Past 5 Years!
It was a beautiful winter day in a small Illinois town.I had been invited by two financial planners to do a day of consulting at their site, and I recall how starkly beautiful the morning was; about 10 degrees, clear blue sky and bright sunshine.We got an early start and I asked them how they earned their business and they replied it was “by referrals,” which is common in the financial community.Read more…Consulting Salary - Are Your Rates Salary Equivalent?
Consulting salaries are very closely related to the hourly billing rates that you charge and the salaried equivalents that you can afford to pay both yourself and others down the road. The consulting salary you expect must be affordable given your hourly billing rates. This consulting salary must also be enough to attract sales and technical staff as your business scales up.Read more…Business Growth - Rate Control For Maximum Success
Business growth is something we all want. During startup, however, you have to balance your business growth rate with your ability to keep on top of the business launch. You don't want to get overextended because that will cause you to cut corners and your future success may suffer.Read more…32 Ways To Maximize Your Small Business Profits
I'm sure it comes as no surprise, having a small business and making a profit are two different things. The difference is a matter of executing a basic set of business steps. To maximize your small home based business profits compare your current performance as a small business owner against the following checklist.Read more…Know the Competition
Beating the competition can often be very difficult, especially when your business is fairly new and the competition has a stranglehold on the market. Thankfully there are several options for getting a piece of the market. Create a bigger market.Read more…
Most Recent Articles in Small Business category
- Company Registration Explained - By: Lexie Marine
You do not need special permission to set up an office in the UK. But there are certain regulations that must be followed regarding the use of business names, licenses and authorization. - Business Credit Card: A Solution for New Business - By: Mike Smith
Business Credit Cards are essential to small business these days. This article speaks about the benefits of small business credit cards and how to choose the business credit card that is ideal for you. - The power of social networking - By: peter james
Agriya Facebook Clone is fully customized social community software that helps users to run a social networking site like Facebook. The well featured Facebook application also provides free demo to its users. - Business Advantages To Being Small & How To Leverage Them - By: Nazeer Daud
As a small business, you have many disadvantages over bigger players. You have less money to play around with, perhaps less in-house skills, and you won't have as much power when it comes to negotiation either. Although there are certainly disadvantages to being a small business, there are also benefits too. - The best ways to find your Niche Target Audiences - By: Parveenn Kumarr
You've decided selecting a niche target audience is a good idea. You're smart! So you dutifully adhere a blindfold to your eyes, have the latest copy of Webster placed before you, open a page at random, and point to a given word. - Selecting the Best Home Business for You Small business - By: Mantosh Kaushal
The word "best" is always dependent on the context of a situation and the observer. What you consider the best may not be the best for another person. When you want to get a job or start a business, you do aim for what's the best in your eyes. Determining this, however, can be quite hard. How do you choose the best home based business for you? - Getting Things Right With Business To Business Contracts - By: Nazeer Daud
Your small business probably enters into more contracts than you think. Every time you buy something, or sell something, you are entering into a contract. It doesn't matter if you have, or your client has, to sign something or not. - What Takes To Succeed With Your Own Home Business? - By: Zshubhnisha Nisha
There are many people that get online every day to search for an internet business that they can start. There are many different businesses that anyone can do. One thing that most people don't realize is that it takes more than the right home business. - Business Cards are Next Generation - By: Zshubhnisha Nisha
Other than the addition of space for URL's, fax numbers and email, nothing has really changed about business cards since their invention. Cards are a simple but very good tool for getting leads. - Most Writers Dream of Being Able to Write Full-Time and Get Paid For it - By: Kamal Aggarwal
Most writers dream of being able to write full-time and get paid for it. Unfortunately, writers who pursue writing as a career find out quickly that they must spend a great deal of time writing before making much money at it.