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Small Business Articles

 
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Internships: Good for Everyone
Many job applicants want a job but often do not have the prerequisite experience, experience that they can only have by getting a job. Managers who take the chance and hire them may have to spend considerable time and effort training them, only to find the new recruits unsuitable or unhappy with the jobs and looking for employment elsewhere. One way around this problem for many organizations is an internship program. For professionals in career transition as well as students and recent graduates More..
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Implementing an Internship Program
CONSIDERING COMPANY NEEDS: In identifying your needs for the internship, you need to examine the chief responsibilities of the position. And the broader they are, the more flexibility you will be giving yourself and the intern. Decide upon how often you will need the intern. Gauge any time factor related to the responsibilities you are assigning. Remember that the intern will not be as experienced as a regular employee would, he or she will need additional time to get acquainted with computer an More..
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Beginning an Internship Program
CONSIDERATIONS FOR YOUR INTERN: Specify the number of hours the intern will be needed each week. Will specific hours be adhered to, or will the schedule be more flexible? Applicants want to know up front what they will be paid, if anything. At this point specify whether the intern will be paid by project, by the hour, a stipend, or not at all. Remember that internships which at least offer a stipend will attract more qualified individuals. RESPONSIBILITIES AND REQUIREMENTS FOR AN INTERN: Respon More..
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Are You Making the Most of Your Intern?
KEEPING INTEREST HIGH: Supervision is key to the success of the program. Interns like direction, but don't like to feel they are being constantly checked on. Even this small amount of direction, however, can take a great deal of time. It is important to be willing to set aside this time to give the intern direction. One method that seems to work calls for a briefing at the beginning of each day and a "where-do-we-stand?" briefing at its end. Throughout the day, the manager is on hand to answer a More..
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Going Public by Way of Regulation D (504) Offering
Under the Securities Act of 1933, any offer to sell securities must either be registered with the SEC or meet an exemption. Regulation D (or Reg D) provides three exemptions from the registration requirements, allowing some smaller companies to offer and sell their securities without having to register the securities with the SEC. Rule 504 or Regulation D provides an exemption from the registration of the federal securities laws for some companies when they offer and sell up to $1,000,000.00 of More..
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How to Curb Antique Shop Theft Inexpensively
If you have ever had your antique shop or mall ripped off, you understand that it's very hard to detect. There are simply so many items to keep track of, and an item can be missing literally for months and you may not realize it. Curb theft dramtically by using a simple and inexpensive technique. We all understand that perception is vitally important to human behavior, so why are we so fearful to use perception to our advantage when it comes to protecting our assets? Here's a step-by-step appr More..
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Packing Material Thats Cheap!
Shipping materials can be expensive! Even the styrofoam "peanuts" can cost a great deal. Here's a great idea for packing paterial that is bio-digradable, easy, and best of all...CHEAP! Popcorn! Yep, popcorn! It is a wonderful packing product if it is done right. Here's how to make it the right way for using in your packaging: 1. Go down to your local goodwill store, or jump on eBay (tm) and find a popcorn air pumper. They are usually cheap, and you may even want to get 2 or 3 if you need a lar More..
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Temporary Staffing Agency: How to Start
The temporary staffing industry continues to expand, with yearly double-digit growth being commonplace. Companies find it convenient and cost-effective to work with a temporary staffing agency to fulfill unforeseen demand, fill short-term vacancies, and assist with changing workloads due to restructuring or mergers. Additionally, employers are enticed by the idea of "test driving" new employees to minimize risk and ensure a good match for permanent positions. Many a job seeker has reaped great More..
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Mobile Car Wash Market Opportunities in California
The current lack of industry leaders represents an exceptional opportunity for a large and organized mobile car wash company to achieve regional domination and eventually dominate the Southern California carwash market. The best place to start a regional assault on this market would be to concentrate North and West of Los Angeles; Chatsworth and Simi Valley to Malibu and Tarzana to Santa Barbara. Once these relatively competition free markets are won Los Angeles, San Diego, Riverside and San Ber More..
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Franchisor Prospect Checklist Sample Form
Due to the over regulation in the Franchising Industry and the litigation it is important to keep impeccable records. From the first phone call, email to the signing of the franchise agreement everything should be documented. Below is a checklist we created for our franchise company and one I wish you would consider when creating your own. I recommend you copy this article and then modify it to fit your business model. You must understand that without proper documentation you might find your co More..
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Designing a Franchise Training Program
If you intend to franchise your company you will need to design a bullet proof training company for your new franchisees. This is above and beyond the training program you will design for them to administer to their new employees. Remember when training new franchisees it is similar to training new managers for any Corporation's outlets. The difference of course being that the Franchisee in a Franchised Company has a lot more at stake and will be twice as motivated as an average manager of a cor More..
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Franchises: How to Find the Best Franchise Opportunity for You
If you are looking for a franchise opportunity, the choice is mind boggling. There are literally hundreds if not thousands of different types of franchise available for you to invest in, with the same variety in cost. Each have their own benefits and usually the more you pay the more potential to earn. You obviously want to select a profitable business venture so it is important that you thoroughly research. The major benefit of starting a franchised business is that the business model has alre More..
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Tips For Successful Home Show Businesses
Opportunities for home show businesses have never been more abundant. If you're thinking about joining the ranks of those in the many show businesses at home available, use these quick tips to get going. The choices for show businesses at home come in a wide variety. You can choose anything from candles to scrapbooking to beauty products to books for your home show business. Truly, there's something available for every interest and taste, and most all of the companies you do home shows for will More..
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Collection Agency Selection
Frankly, given the legal and regulatory requirements involved in attempting to collect a debt, it makes as much sense to do it yourself as it does to try to remove your own appendix. A collection agency is, on the whole, much cheaper than a doctors - and lawyers. Do yourself a favor and let a professional collection agency handle this complex matter for you. It is an unfortunate fact that the collections industry is not regulated much by the government. Absolutely anybody can set themselves up More..
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Increase Sales in Your Home Business With These 10 Simple Ideas
Every home business has the same problem of how to increase sales without a hugely expensive marketing campaign. By utilising the following simple ideas you will be able to do just that. 1) Use your invoices as an advertising tool. Whether you get your invoices printed professionally or use the invoicing function on your bookkeeping software, ensure that you place some type of advertising on the form. This method provides positive reinforcement of what your business offers. An attractive invoi More..
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10 Ways to Start a Business on a Budget
If you've been thinking about starting a business, but are held back due to cash-flow issues, there are plenty of ways you can get your plans off the ground. Though your vision may be to own a big store, restaurant, warehouse, or office, consider starting on a smaller scale. Every business must start somewhere. In fact, the founder of Kinkos started with one copy machine and some spiral notebooks for sale in a tiny rented space near a college. With a little ingenuity and some perseverance, you More..
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Effective Customer Interviews Make Life Much Easier!
One of the critical success factors for service-related businesses is our ability to understand a client's needs and requirements. Misunderstandings can lead to loss of repeat business, economic loss, and damage to reputation. Although interactions in small business are often much more casual than those at the big end of town, interviews with clients differ from ordinary conversations even though they may appear to resemble them: Friendly conversation a. Not directed toward a purpose b. Equal More..
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Job Costing - Do You Know How?
What's your job profitability? I meet with business owners every day that 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 mean you haven't paid all the bills yet, so you have a little cash. Cash and profit are two different concepts. If you aren't profitable, you won't have longevity in your business. It doesn' More..
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Money Series 1: Who Takes Your Money
Your business is making profits, but where is the cash? It seems that someone has taken away your money. Your bank account is still the same, and your personal wealth is still the same. There must be someone that took your money. Based on my over 18 years of professional experience and study, there are 8 persons that take away your money without your knowing... The First Person is YOU Yes, if you do not have accountability, you have taken away your own money! According to NLP experts, 95% of t More..
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How Disabled Veterans Can Win Government Contracts
The Service-Disabled Veteran-Owned Small Businesses (SDVOSB) is a program that allows small businesses to self-certify as service-disabled veteran-owned businesses providing them increased opportunities to win government contracts. Significantly and permanently impaired veterans may be assisted in the daily business operations by a spouse or permanent caregiver. Should a competitor challenge a small business' standing as a service-disabled veteran-owned small business the case must be referred More..
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Financial Strategies for a Mobile Car Wash Business Plan
Writing a business plan for a mobile car wash is fairly easy, yet often operators fall down in understanding the financial strategies and costs. Bankers and Investors alike will want to see that you have a well thought out business plan to insure your start-up goes successfully. Below you will find a sample mobile car wash strategic financial strategies section for a business plan. I recommend that you print this out and modify it to best fit your over all plan and then once you have a good roug More..
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Technology Community Helps SMBs Focus on Their Core Business
If you're starting your own business or currently work for a start-up, you wear a lot of hats. Any disruption in your business can eat up hours of your time and kill your productivity. Many start-ups are so focused on getting their business off the ground, that they overlook technology considerations that can help increase their productivity and enhance their efficiency. Unlike mid to large corporations that have dedicated IT personnel, start-ups typically do not have in-house IT resources to ev More..
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Pressure Washing Market Niche
Those who are in the pressure washer business should not neglect the Hotel exterior cleaning niche. Many five-star hotels spend significant dollars in making sure that their grounds are meticulously cleaned. There are also many regular hotels, which take pride in their hotels. It would be wise to have a customized sales letter and/or brochure made especially for this type of service, with follow-up information on your website. Our company set up a special website to cover concrete cleaning and More..
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How to Wash Mobile Homes as a Business
Washing manufactured homes, mobile homes, can be a lucrative and steady business. Generally Mobile Home owners desire to have their mobile homes washed twice per year. There are many mobile home washing companies who make a very good living and have multiple rigs running. If you currently own a pressure washer you may wish to consider a new business washing mobile home and manufactured houses. The pricing varies from state to state. In nicer mobile home parks you can generally charge $ 82.50 fo More..
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Cleaning Service Stations with a Pressure Washer
Fuel prices these days are quite high and they take their toll on a service business. It is time to strike back. If you own a cleaning business that uses pressure washers why not clean service stations and get some of your money back as you pay $2.30 per gallon for fuel? Gas Stations are usually franchises and have cleanliness commitments as part of their franchise agreements with the oil companies they sign on with. This means they have no choice they must keep their gasoline stations spiffy. C More..
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Why Clean Mobile Homes for a Business?
Manufactured and Mobile Home owners know that the weather this year will be quite harsh. It's imperative these owners to clean out rain gutters and debris from on top of their homes. They realize that they must thoroughly wash off this summer's dirt so they do not have drip marks on the sides of their cottages this winter. They must eliminate the mold buildup, and unsightly stains. Those mobile homes which have not been cleaned all Winter must have their rain gutters cleaned so when Hurricane re More..
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Pressure Washing Aircraft Hangers at the Airport
If you are looking for a way to own your own business using a pressure washer or expand your current pressure washing business you might consider cleaning Aircraft Hangers out at the airport. Why Wash Aircraft hangers? For one it can lead to much more work cleaning all sorts of things at airports which is an encapsulated market. Larger airports have terminal buildings, staging areas, parking structures, fuel depots, retaining walls, security vehicles, airport shuttles, rent-a-cars and of course More..
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Mobile Car Wash and Cleaning Post Office Jeeps
If you own a mobile truck washing, pressure washing or mobile car wash business you may wish to consider washing postal vehicles. They have one of the largest fleets in the world and they are relatively easy to wash. Yes, like all quasi-government agencies they pay slowly, but you know you will get paid as long as you show up to wash. Pressure washing companies should consider a wide market mix to protect them from sector rotations or downturns in their economy. You can wash things like things More..
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Pressure Washing at Golf Courses
There are many potential niches for pressure washing companies that often go unchecked. Some are quite lucrative and are worth investigation if you own a pressure washing business. One such niche is the pressure washing of golf courses, clubs houses, golf carts and facilities. To target this specialization of services you will need to slightly modify your sales approach. Below is an excerpt from a sales letter that our company uses to attract these high-end customers for our pressure washing bu More..
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Why are Reverse Mergers Often the Victims of Short Sellers?
There is a great deal of abuse going on in the OTC Bulletin Board Market and a lot of money is being made as result of it. Regulators are trying todeal with the problem but are unable to put a halt to it, unless they take drastic steps which will be detrimental to the small and micro-cap market. The small and micro-cap market is an essential part in bringing small andmid-size companies public through Reverse merger and Regulation D (504) offering, these are the two most popular methods used by More..
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The 5 Habits of Highly Successful Small-Business Owners
Have you ever wondered what the difference is between a business that consistently grows and another that struggles just to make ends meet? Or why a business that was started in a basement of a home can outperform some of the best-run "big" companies in sales and profits? Two businesses, operating in the same marketing arena and selling the same products or services, can have extraordinarily different results. How can one business continually grow and prosper, while the other struggles? How can More..
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The Step Zero Effect
The key to organizational focus and helping those who need what you do is knowing, precisely, what you do well -- and what you don't do well. Once there was a semiconductor company in financial trouble. Profits were dropping, and the company was losing money every quarter. The pressure was on to stop the bloodletting. A key executive at the company became convinced that the wireless home audio market was a perfect opportunity because the company already made components that were used in wirele More..
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How to become a Career Coach for Profit
A career coach could be simply defined your job seeking partner. A career coach could be a career management coach, who helps you in managing your career or a career marketing coach, who helps you build contacts, posts your resumes, tries to find the best jobs for you and helps you secure the best jobs. He basically tries to market you effectively in the job market. Investment: Start-up costs could be around $3000 with website hosting, a computer and other promotional materials included. Finan More..
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Build Credibility with Expertise
As an Investment Representative you've worked hard to build trust with your pension clients. Now, you can solidify that long term relationship with your expertise on one of the greatest fears of small business retirement plan sponsors. Next to an audit, nothing frightens retirement plan sponsorsmore than a notification letter from the Dept of Laborregarding inadequacies in their responses on the Form 5500 or 5500-EZ filing. Inadequacies that, if not correctedwithin 30 days of the date of the le More..
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Increase Your Profits with a Point of Sale (POS) System
Whether you operate a chain of restaurants, a mom-and-pop convenience store, or a medium-sized retail shop, you are in business to make money. And, one of the most critical aspects to your profit and loss is your ability to track information? you need to know which products are making you money, what items need to be re-ordered, who your customers are, and so on. This is where today's point of sale (POS) systems play such a valuable role. In the not too distant past, retailers used mechanical c More..
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How to Prepare for Your Start-Up Venture!
When you awoke this morning, you found yourself buzzing with a fantastic idea for starting a new business and you hadn't a doubt in your mind that you could turn it into a huge success. But now what? All those great ideas floating around in your head and you're excited about making them happen, but at the moment you don't know where to begin. What is the first thing you should do as you contemplate your plan of action? Start Writing Things Down! The best suggestion in the early stages of your More..
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The SBAs Savviest Program
Forget everything you've ever heard about the U.S. Small Business Administration (SBA). The negative connotations may have been warranted in the past, but the SBA is different these days. The SBA is worth every penny of its more than $22 billion budget on the basis of a single program alone: the SBA 504 Loan Program for small business owners who want to acquire or develop their own facilities. In fact, SBA 504 loans may rank as one of the most effective domestic economic development programs th More..
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1 Overlooked Key to Small Business Success
Is this you? You dreamed of owning your own business, doing what you love and enjoyingunlimited earning potential. You researched. You planned. You prepared. Finally,you launched. Your dream was realized...and then your business started to grow! Could it get anybetter? Well, yes, but if you're like many others, you may have encountered oneunexpected challenge along the way: Are you drowning in the day-to-dayadministrative tasks necessary to make your business successful? Managing emails. Book More..
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Small Business Debt Collection Laws
In your small business debt collection laws will eventually become important, as your debt grows and some clients do not pay. To collect small business debts legally, you must send a written notice that collections have begun, within five days of first contacting the debtor for collections. The letter must include dispute instructions. Small Business Debt Collection Laws Forbidden Practices - Collect any amount beyond the actual debt, unless you really can do so legally. - Continue collection More..
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Do Home Businesses Complicate Small Business Debt Collection Laws?
The home-based business market, sometimes called the SOHO (small-office/home-office) market, is booming. As more and more B2B businesses expand into these markets, they may find themselves walking a fine line between B2B and B2C. Why is this important from a legal standpoint? Federal debt collections laws tend to treat business and consumer debt collections--even small business debt collections--quite differently. Why should you even care about the issues of small business debt collection law i More..
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Dont Let Your Small Business Fall in the FDCPA Trap
When someone owes your small business money, you certainly feel like a victim. But did you know that if you aren't careful, you could break the law by trying to get the money back? How to Break a Federal Debt Collection Law You have a small business, and your bills are coming due soon. You could easily pay those bills if a few thousands dollars of overdue invoices were paid. It's time to give your clients a few friendly reminders: 1] You call up the biggest debtor at his home number. The debt More..
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Justice In Action
During the 1980 presidential campaign, candidate Ronald Reagan vowed, if elected, to appoint the first woman to the United States Supreme Court. Six months after his inauguration, President Reagan kept his promise - nominating a member of the Arizona Court of Appeals. The Senate soon confirmed her by a vote of 99-0. Recently, Sandra Day O'Connor sent a short letter to the current Chief Executive announcing her retirement: "It has been a great privilege, indeed, to have served as a member of the More..
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Small Business Checks - Money Saving Options
When you go into business for yourself, there are many things to consider. What you don't want to worry about is spending too much money on unnecessary items. Business checks are one of those things. They don't have to be expensive. Your bottom line keeps your business going, and it is important to keep it that way. Getting the most out of your office supplies means checking out the best vendors. Small businesses have the opportunity to have the control in most situations. You get to make the i More..
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7 Tips To Improve Your Cash Flow
Cash is King?That is what everyone tells us and it is true! You cannot function successfully in any business without proper cash flow. So if this Cash Principle is so well known, then why is it that so many businesses struggle? Sometimes the obvious is not always so obvious when you are entrenched in running the day-to-day aspects of your business. Here are 7 Tips to Improve Your Cash Flow! 1. Cash and Carry. Operate a cash and carry type business versus worrying about receivables. The best bus More..
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Financial Fundamentals - What Every Small Business Owner Should Know!
Business owners rarely go into business to deal with the financial aspects of running a business. It's easy to understand why! You are passionate about the products or services you provide and want to focus your time there. The financial aspect usually falls to the bottom of the "desired responsibilities" list. It is critical to the long-term success of your business that you understand some of the Financial Fundamentals of being a business owner though. You don't have to be an accountant or fin More..
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5 Tips for Hiring a GREAT Bookkeeper
Bookkeeping?the "dreaded" word is something we all have to worry about. Business owners rarely go into business to deal with the financial aspects of running a business. It's easy to understand why! Who wants to do all those boring record keeping functions? Not many. Therefore, one of the first things most entrepreneurs do is hire a bookkeeper. Though hiring a friend, relative or anyone who isn't experienced with the basics of bookkeeping may be a recipe for DISASTER! You may have the best of i More..
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Motorizing for Profit - The Craftsmen Have Left the Building
In the summer, I can't drive two blocks without seeing the activity of the construction industry. Road contractors, house builders and landscapers are everywhere. From my less than scientific windshield study, it seems that to remain competitive and to attract willing employees in the contracting industry, every tool needs to be powered. 1. Powered nail guns for roof shingles. 2. Powered brooms on Bobcat loaders for sweeping. 3. Powered wheelbarrows and concrete pumping trucks. 4. Powered s More..
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Reverse Merger: Have They Taken the Reverse out of Reverse Merger?
Are the promoters and consultants destroying the market for Reverse Merger? First lets take a look at reverse merger. In a Reverse Merger, an operating private company merges with a public company that has little or no assets, nor know liabilities (the "shell"). In some rare instances, the shell may have some amount of cash remaining for investment in the new enterprise. The public corporation is called a "shell" since all that exists of the original company is its corporate shell structure and More..
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Doing Business With Friends: Five Tips for Preserving the Friendship... and Your Sanity!
My colleague, Jane, recently lamented to me an all too familiar story about mixing business and friendship. Jane subcontracted copywriting work out her friend, Joan. Jane's copywriting business was blossoming (partly in response to her most recent brilliant article marketing campaign) and giving the work to Joan seemed like a win-win for both of them. As expected, Joan delivered a glorious first draft. The only problem was halfway through the discussed project, Joan suddenly disappeared! It tu More..
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Pressure Washing and Hospital Accounts
Most pressure washing companies never look into some of the best niche markets. One, which you may not have thought about is Hospitals and if you run a pressure washing company it can mean good steady income. When contract cleaning you must figure out the needs of your clientele; Hospitals have special needs, which are not common to other businesses and if you are careful to address these needs you will be well served. One recommendation I give pressure washing companies is to bundle services. T More..
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