Small business articles
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- 2007-11-13 22:16:19 - Your small business suggestion box
- A suggestion box is a really good idea for your business. It can help you get valuable feedback from your customers -- feedback that they don't normally think to share with you. Whether your business is a brick and mortar location or purely virtual, it's important to hear from your customers. Here are some tips for success.- The suggestion box should be in a location where it is easy to see...
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- 2007-11-13 22:16:19 - Five break-through ideas to immediately increase profits and improve cash flow
- Too often in business we get trapped into reviewing our sales numbers without analyzing the all important "profit" number. This is commonly referred to as the "bottom-line" of a business. There are various ways you can dramatically impact your profitability.1) Under Pricing Kills Profits!Many small businesses have thinner profit margins than larger firms do becaus...
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- 2007-11-13 22:16:19 - Small business franchise opportunities
- Many businesses offer small business franchise opportunities. There are many things that are needed for a small business of this kind, but the rewards are great. Franchising allows you to take on a proven and marketable brand and logo, without having to go through the time, effort, and money to build a name or a reputation.When investigating a small business franchise, it is important to kn...
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- 2007-11-13 22:16:19 - 11 things small business owners can learn from punxsutawney phil
- 1. Look Over Your Shoulder ? Of course, Punxsutawney Phil has to look over his to search for his shadow. You should, too, every so often, to check out your competition?and see whether they're gaining on (or leading) you.2. Be Unique ? While groundhogs normally live six to eight years, legend says there is only one Phil, and he's been making predictions for more than 118 years....
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- 2007-11-13 22:16:19 - Increase profits with a small investment of time and no money
- The less a business pays for goods and services the more profit that business generates. How does a small business with limited purchasing power get access to lower cost goods and services? The answer is simple. Pool the purchasing power of many small businesses to increase the purchasing power of each individual business. The implementation of forming a buying group can take lots of time, money a...
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- 2007-11-13 22:16:19 - The most important decision of your massage business career
- Don't you find that there are so many decisions you need to make each and every day regarding the direction of your massage practice. Especially if you are a solo-preneur or own your own massage business.As a business owner myself I know at times it can seem overwhelming, wearing all the hats of massage therapist, marketer, salesperson, office administrator... and the list goes on.Ye...
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- 2007-11-13 22:16:19 - Why does a business fail and what can you do to stop it?
- I believe the number one reason why a business will fail is lack of planning. This can be due to various reasons, perhaps because the market research wasn't sufficiently carried out in the first place, or because the financial burden was higher than was planned for etc.Sometimes business failure happens because the business owner is not very savvy at other aspects of the business, such as m...
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- 2007-11-13 22:16:19 - How to compete with the big guns?!
- Many small business startups fail within the first 2 years of existence. There are several different factors reason for the failure. One reason many entrepreneurs often under estimate the need to find a niche market and to serve it well. Instead of finding the niche market they attack the big guys head on. If you have enough money to throw at 'this problem' you might succeed, but in reality almost...
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- 2007-11-13 22:16:19 - Entrepreneur to employer
- 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 you need to make some important decisi...
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- 2007-11-13 22:16:19 - Take a break - have a pity party
- Pity parties are nothing new. In fact, we do it all the time and I'm guessing that you probably go to many... you know, you get together with some friends and you'll bemoan the state of your industry. No one understands what we do and how we can help them. Companies are always spending less and less on the services I have to offer. I only get called in to sort things out when it's too late. Then t...
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- 2007-11-13 22:16:19 - How to build business credit
- Having their own business is something many millions of people dream of doing. Many do, of course, but so many others never quite get around to it. One of the factors that may discourage people from getting that business off the ground, is a lack of start up capital; and another may be the risk of losing their own money.With a bit of thought, planning and effort, though, it may be possible ...
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- 2007-11-13 22:16:19 - The skills gap: it pays to use experts
- By outsourcing to skilled professionals you'll be able to grow your business without adding overhead.Here are some of the costs associated with growing a business through acquiring staff:* recruitment* payroll and tax obligations* national insurance* employers liability* benefits (pension, car, medical, dental)* holiday pay / sick pay / maternity pa...
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- 2007-11-13 22:16:19 - Expand your professional organizer business
- Grow your Professional Organizer business by branching out into related areas. If you have been doing the same old thing for a while, and are comfortable with it, it may be time to stretch your capabilities and offer something new.1. Teach Organizing ClassesYou are an expert in organizing ? why not teach classes in the subject? It is a good way to reach prospective clients. People wh...
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- 2007-11-13 22:16:19 - Six sigma for small business
- It is not surprising that some people may perceive Six Sigma as being only for large corporations. Major corporations such as Allied Signal, Black & Decker, Dow Chemical, Dupont, Federal Express, General Electric, Johnson and Johnson, Kodak, Motorola, Sony, and Toshiba have all rolled out Six Sigma efforts and achieved outstanding results. Yet, it is incorrect to think that Six Sigma process impro...
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- 2007-11-13 22:16:19 - Eight ways to improve your companys cash-flow ? today!
- Cash is the lifeblood of any business. As humans need air to breath and food to eat, your business requires customers that provides the primary substance that keeps a business in business: cash.But in the real world, businesses that invoice their customers for payment can face a challenge in getting paid, especially when the customer may be another business or a government agency. Somehow t...
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- 2007-11-13 22:16:19 - Marketing a new or small business on a budget
- There are almost as many opinions and views on marketing as there are companies to market. The big names and multinationals will have an extraordinary amount of funding set aside in which to convey their marketing message to the masses.The process will involve an inordinate amount of people, multiple marketing agencies, countless 'creativity' meetings and thousands of work-hours. From telev...
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- 2007-11-13 22:16:19 - Explode your consulting income
- Here are just a few ways to increase and diversify your income from your consulting business.1. Sell More Services to Your Existing ClientsInstead of spending all that time and money trying to get new business, why not try to sell more services to your existing client base?If you are an accounting and tax consulting firm, for example, you likely have clients who need some assi...
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- 2007-11-13 22:16:19 - 11 things small business owners can learn from tiger
- 1. There Are No "gimmes" ? They count two-foot putts on the PGA Tour. Hold your small business team accountable for completing everything they commit to starting.2. Set Priorities ? Like Jack Nicklaus before him, Tiger plans his schedule around peaking at the majors. Make time to prioritize your daily, weekly and monthly goals for maximum results.3. Step Ou...
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- 2007-11-13 22:16:19 - 11 things small business owners can learn from rudolph the red-nosed reindeer
- 1. Everyone Makes A Difference ? Despite not letting him play in their games, the other reindeer came to understand Rudolph's importance. Look for the talents in each of your employees.2. Have Courage And Confidence ? At first Rudolph ran from his problems, then he came back to face them. When things are tough, keep working hard and believing in yourself.3. Don't Alw...
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- 2007-11-13 22:16:19 - 11 things small business owners can learn from the miracle on ice
- 1. Know Where You're Going ? Coach Herb Brooks had a strategic plan for assembling the American team. Take time to determine the direction you want to take your small business, then put in place the action steps and players to accomplish your goals.2. Rise To The Occasion ? 13 days earlier, Russia beat the Americans 10-3 in an exhibition, but when it counted the Americans clai...
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- 2007-11-13 22:16:19 - 11 things small business owners can learn from rudy giuliani
- 1. Leadership Is Learned ? While many people appear to have an innate ability to lead, most learn from their life and business experiences, then put these lessons into practice. Giuliani wrote, "The greatest leadership you ever have is the ability to lead your own life."2. Understand Good Leaders, Not Good Leadership ? Giuliani wrote, "Read biographies of leader...
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- 2007-11-13 22:16:19 - 11 things small business owners can learn from the supreme court
- 1. Have A Strong Constitution ? Justices deliver decisions by interpreting the U.S. Constitution. Never let the challenges of running your small business overwhelm your judgment.2. Trust Your Beliefs ? Members of the Court maintain supreme confidence in their opinions. Know your core values, and let them serve each day as your guiding light.3. Treat Everyone With Res...
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- 2007-11-13 22:16:19 - A day in the life of a self employed professional
- It's Monday morning and Connie the Consultant sits in her executive office chair overseeing her business empire. Her desk is strewn with half finished projects, several weeks worth of to do lists (none of them completed), scribbled post it notes, and a permission slip for her daughter's field trip to the Planetarium that should have been turned in last week. Somewhere, buried deep in the rubble is...
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- 2007-11-13 22:16:19 - Increase the wealth in your community
- Many of us have noticed how some nearby communities seem to be "wealthier" than other nearby communities. They seem to have more shopping markets, more restaurants, more choices; items often cost more in these communities than they do in surrounding areas, yet the affluence remains where the prices are high; people are drawn to these communities, bringing even more resources and more wea...
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- 2007-11-13 22:16:19 - The wrap on ag plastic
- While driving through Pennsylvania farmland, you have probably noticed an increased amount of white plastic bundles stacked in lines or piles along farm buildings or edges of farm fields. Sometimes referred to as "marshmallows" or "long white tubes", etc. these objects are increasing in farmer popularity and represent a changing trend in harvesting of farm livestock feeds....
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- 2007-11-13 22:16:19 - How to raise your fees and thrill your customers
- Think the best way to get more customers is to have the lowest prices in town? Think again. Think the best way to create a successful business is to try to appeal to everyone? Wrong again.The only good thing about having the lowest prices and trying to appeal to everyone is that you'll fail quickly and be out of your misery.This is a really hard concept for many business owners to co...
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- 2007-11-13 22:16:19 - Solving the late paying customer blues
- Nothing can drive a business down faster than customers who don't pay their bills as agreed. When you sell to customers on credit you are making an agreement with them. You will provide them with goods or services in exchange for their payment within the terms you agree upon. Period.What I'm seeing more and more of is businesses using their suppliers as banks. Taking 60-90 days or more to p...
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- 2007-11-13 22:16:19 - Using holidays to put some extra cheer in your cash box
- No matter your age or station in life, we all look forward to holidays. They give us a reason to decorate, celebrate, and most of all, spend.Think back to any of last year's holidays. Did you buy some new decorations? Probably. Did you plan a party or host a dinner? Likely. Did you buy gifts or take advantage of special sales and promotions? Undoubtedly!Well, instead of being on the ...
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- 2007-11-13 22:16:19 - Big successes never happen overnight
- Treat your business as a serious, full-time business and be serious about making it work. Put your plans on paper. Neglecting to develop and follow a consistent marketing plan can be devastating to the growth of your business. Big successes never happen overnight. Market and promote your business everyday. There are subscriptions available that can assist in your conquest to success.Continu...
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- 2007-11-13 22:16:19 - To buy a fat pig
- What does buying a fat pig have to do with your business? Stick with me and all will be revealed.Does your business have a tactical and a strategic way to go to market? Let's go down to Mr. Hoover's butcher shop to see how it's done.Mr. Hoover has been selling bacon and other pig products for years. That's pretty tactical, but can result in a good continuing income stream. A lot of c...
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