Building an online community around your small business is perhaps one of the cheapest ways to drive momentum for your product. A community is more than just a onetime marketing campaign and will help throughout your startup’s life cycle. Here are a few ways on …
The top salespeople follow these simple rules to keep their clients purchasing from their competition even with a steep competition. Customer loyalty equates to profitability. And the reason behind is pretty simple—it costs more money to get new customers than keep the current ones. When …
Small business owners may have an advantage over the average tax payers so make sure you don’t let this opportunity easily pass you by. Here are helpful year end tax saving tips that may come in handy. Shift your income and expenses. A lot of small business …
As soon as you have established your business, you will need systems to track income and expenses. Having the chance to work your way around Quicken, QuickBooks or Mint.com doesn’t necessarily mean that you already qualify as a professional accountant. It would still be wise …
In a struggling economy, good credit is the key to growing your business. The important elements of borrowing money from the bank may be grouped into five main categories. The Five C’s are also known as the credit checklist for small business owners and entrepreneurs. …
If you are unhappy at the office or anywhere else, it is because you have made yourself unhappy. But there is an easy way to change that. What are your Rules of Happiness? Happiness and unhappiness result from the guidelines that you use to assess …
Whether you are trying to close a big account or trying to get a better rate from vendors, here are expert tips on how to win negotiations. Do you think machismo, stamina and confidence are the secrets to closing a negotiation? Then your skills probably …
Even though income statements are the ones which attract the investors’ attentions, the balance sheet is still the starting point for understanding a firm’s financial position. The balance sheet shows your company’s assets, liabilities and how much equity owners have for a certain duration of …
Team meetings cost you more than what you think. Here are ways to help you get the most out of them. Meetings are time and energy vampires. A lot of sales people say that they spend 40 percent of their time joining internal meetings. This …
Just like the body systems, small businesses also develop along set point modifications. In every set point, the firm adjusts its people, pace, processes, systems and measures—initially to get a new set point and sustain that certain set point. Do you want your firm to …