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Small Business

When you are growing your business, you can’t avoid running short of cash. The demand and expenses increases as your business is developing, so you may need more and more cash to uplift your business status. The barter system for getting goods and services dates back many centuries. In most cultures the barter system was […]

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… and stick it to Wall Street at the same time! Sounds like the best of both worlds to us! In November 2009 Ellen Brown wrote at AlterNet that bailing out the banking system “…has only fixed the economy for bankers and the wealthy; it has not done much to address either the fundamental problem […]

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What do you have to say to your clients and prospects and what do they have to say about your business or company? You certainly do not need social media to reach out to your customers and clients but it doesn’t hurt to spread your name and brand in a way others looking for someone […]

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The accounting firm Brown Smith Wallace has been counseling its business clients on ways to save money on their taxes by taking advantage of some government incentives. Accounting Today’s Michael Cohn talked with two of the firm’s accountants last week about the tips they give their clients. Cathy Goldsticker, a member of the tax services […]

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As the owner of a small family company one day you’ll need to exit the business. You can stay on as long as you can, but eventually, you’ll have to plan your exit.

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Cash is the lifeblood of any small business. Here are some tips to help your business maintain a sufficient cash flow to meet its financial goals and run efficiently: Tips from Rick Smith CPA – Toughen up your credit policies. Review the payment terms you offer to customers and tighten them up if slow payment is […]

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Its a new era for bargain seekers with a constant stream of strongly discounted coupon offers: 40% off a Princess Cruise ticket, 55% off a facial, or 5 worth of laundry and dry cleaning for.  Entrepreneurs, venture capitalists, and big corporations are gambling that the new discount coupon promotional services represent a tectonic shift in consumer trends, […]

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If your business makes more income than it loses, then you have a real business. This makes you a business person. As such, you need to act accordingly, but how? Value of Time Time is your number one asset. However, other people will not respect it if you don’t. Any meeting with a prospect or […]

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Keri Salls posted to her blog about cool research project published by Saras Sarasvathy, a Professor at the University of Virginia, captures distinctions between entrepreneurs & corporate executives in how they think. Source: Catalyst House Blog In her article in the new issue of  Inc Magazine, Leigh Buchanan says, “Saras Sarasvathy concluded that master entrepreneurs rely […]

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While many people will shop the big box stores for deals Friday, smaller retailers want you to pay particular attention to them the day after. There’s a national campaign from the small business division of American Express, Open Forum, called “Small Business Saturday” taking place November 27th. The basis of the campaign is that dollars spent […]

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Wikipedia defines business plan as “a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.” Many erstwhile entre-preneurs have long thought of a business plan as only for […]

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Pull is in the air. Everyone knows and loves Google. We pull movies and news items on demand. But this is just the surface of a more profound movement that is reshaping the world around us. The growing stress we all feel in our professional lives is not just a reflection of the current economic […]

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Bookkeeping for your small business is an important, often overlooked, piece to your business success. Sooner or later small business owners realize that they need to get better financial controls in their business and they set out to look for services that can improve their business finances. Source: Justin Earl – Small business owners can […]

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Last week Intuit released the Intuit 2020 Report, (PDF), which provides a vision of the world in 2020, identifying the key demographic, social, economic, and technology shifts shaping the next decade. The report, authored by Emergent Research in partnership with Intuit, delves into the trends that are going to change the way small businesses, and […]

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