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Small Business Articles

 
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How to Prevent Home Business Burnout
As a home business proprietor, you may already realize why avoiding "home business burnout" is so important. Even if you have only been working your home business venture for a relatively brief time, you may have already been aware of the need to maintain your energy levels and reduce your stress levels while you were involved in your other employment. Many people learn from their life experience to pace themselves, consume vitamin-rich foods, exercise and get sufficient sleep(at least 6-7 hours More..
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We Know Who THEY Are
Am I the only one that does not have an "A" button on my computer? I have looked on the keyboard, monitor and hard drive I can not find that darn thing anywhere. Nobody will tell me where it is. You know the one I am talking about, right? No, not the one between the Caps Lock and "S" key. Let me explain. You can go up to some people and tell them that you are a skip tracer. If you are like me you then have to explain exactly what that means. You tell them that you use the telephone and compute More..
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The Types of Skip Trace Accounts
First, we need to define the different kinds of skip trace. There are three basic types of skip trace accounts, they are: The Typo Account This account is really not a skip trace account. The reason that the information is not correct for this debtor is because their information was erroneously inputted into your record system. A common example of this is- John Q Debtor 123 Main St and it is put into your record system as 321 Main St. This kind of account is usually fairly easy to correct. Th More..
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Is This The Way Its Always Been Done?
Let's face it, we all tend to get stuck in doing things 'the way they've always been done', and creating products, or services, in a similarly conservative mode. But there is another way. Why not take a new look at your business. Take the opportunity to have regular creative thinking sessions in order to break the mould. Just one session could start off a new trend. The best way to do this is to organise a group of your own people, friends, customers, and anyone else you think can contribute, More..
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10 Cardinal Rules for Business Growth
After over 30 years of participating in hundreds of businesses, competing in at least as many different industries, with companies marketing both products and services, you begin to develop and accumulate some fundamental businesses axioms or "rules of thumb" that seem to make more sense everyday and gain more value in business practice as your career continues to advance and evolve. You like to think what you have learned and the business knowledge you have retained along your long and varied More..
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Measuring Your Way to Success
Are you a motivational speaker who consistently gets rave reviews yet your ratio of speaking to return rate is not where you would like it to be? Perhaps you are a trainer whose delivery is complimented time and again, and yet you are only being asked by 10 to 20% of the clients you see for a repeat performance? Are you starting to think that there is something wrong with your message or delivery despite the rave reviews? Maybe you were wondering if your fee is too steep. That may be a valid co More..
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Do You Need Accounting Software for Your Small Business?
If you're anything like me then you dislike with a vengeance doing your accounts and taxes. So how can you make this process easier, less painful and cut your accountancy fees? Well buying an accounting software package is one way. First of all you need to decide whether you are going to keep your accounting records manually, that is using pen and paper, or whether you are going to computerize the process. If you decide that computerizing the process is the way to go then you need to decide More..
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Get Approved for a Franchise
Deciding to start your own franchise is just one of the first steps to getting started. Buying a franchise is a lot like dating. You and the company have to be a good fit. The company you are considering starting a franchise with must fit your needs, and you must meet the guidelines they have set up. You may be thinking, "I have the money, I will just sign up and get started." It's just not that easy. The companies want to make sure you will be successful and a large part of that will come in t More..
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The Greatest Challenges the Internet Consultant Faces!
While there are few career paths that some would call perfect, being a consultant comes pretty close to having it all. Yet while it is one of the best ways to earn a living, there are challenges and pitfalls that are sometimes overwhelming and unexpected. When analyzing, identifying and exploring the most specific challenges high on the consultant's list, there are probably a few that would probably be considered the greatest of all. Whether your goal is to help a client increase sales, or if y More..
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Contract Cleaners - A Guide for Business Part 2
n the first part of this article I put forward 7 questions that I believed were important to ask of your potential cleaning company. In this article I will explain the relevance of the first two questions and the answers you get to you as a business. * What is your staff turnover? When the top 150 Cleaning Companies in the UK were asked this question the answer came back as 73%. That means that within a 12 month period 73% of their cleaning staff have left and been replaced. What is the re More..
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Hosted PBX, Is It Right For You?
"Order Now!" "Your Business Will Fail If You Don't Have This New Technology!" "Your Competition Has This Tool, Why Don't You?" Does any of this sound familiar? Does it make you cringe? It seems to be impossible to keep up with all the new trends in business today. It's hard to know which trends are just flash in the pan gimmicks and which are valuable tools that your business can actually benefit from. It's important to do your research. Find out what these tools can do for you and make sure it More..
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When and Why YOU Are the Best Writer for Your Business Plan
WHEN you are operating or planning a small business that is seeking funding for less than five million dollars, it's wise to consider writing your own plan. WHY you are the best qualified. You probably have superior knowledge of your target market, prospective customers and your product or service. If not "superior," at least, you have adequate knowledge. You are probably resourceful enough to find the necessary data and general information. Are you planning to write a novel or describing a se More..
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Small Business Credit Card Advantages
Obtaining a business credit card enables the small business owner to separate personal expenses from business expenses. Offering business credit cards to their employees eliminates the need for employees to use their personal credit cards or cash to make company purchases. Employees using a business credit card will not need to fill out expense statements, wait for approval and reimbursement from their company. Transactions are itemized and reported on quarterly statements that make it easy for More..
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Essex Accountants: Top Things to Look For
One of the most common horrific mistakes a business can make is hiring the wrong accountant. Once hired, it can be very costly to hire a replacement accountant due to the nature of the job which inherently and directly impacts your bottom line. Choosing the right accountant for your business can mean the difference between success and failure. Read on to find out how you can keep from making the same costly mistakes tens of thousands of businesses make every year. There are many important thing More..
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What Happened to the Money and Freedom?
Ask anyone trapped in a cubical about their entrepreneurial dream and they will tell you, "I want to own my own business. I'll make more and have more time." Only 2% of small business owners (SBOs) live that dream. The other 98% find their businesses owning them. They work more hours and have less money. They experience more stress, and feel even more trapped. What happened to the dream? What happened to the money? What happened to the freedom? First, the average SBO has no idea how to make m More..
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Small Business Security No Passing Fad
How careful are you with the data you collect from your customers? How about the handling of money in your business. And passwords? What controls have you put in place to protect computer data? We don't often think about the security of our businesses, but we should. Customers are becoming increasingly aware that their details could be vulnerable if a business is not secure. And that's a good thing. But it can be a bomb waiting to drop really bad news on your business if you're not careful. Ac More..
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Business Development Is Not An Event
Cash flow. To stay in business, you've got to keep a steady stream moving through your company. A small business owner mentioned the other day that he has "enough work to keep his staff busy until next February." Another mentioned that his current projects were ending and he needed to "start beating the bushes for more work." Which one do you think will be successful? The first business owner was busy taking action so he would have business long into the future. The second owner is typical of More..
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5 Good Reasons a Self-Employed Professional Should Take Vacation
So you think you're not justified in taking time away from your business because you're self-employed? Here are five great reasons why you should definitely take a vacation: 1. Physical down time You work hard to grow and maintain your business. Trying to be superhuman will certainly take its toll if you allow it to. Give your body a break by taking in some R&R. 2. Mental down time Your days are filled with busy, sometimes even hectic, day-to-day activities related to your business. If you don More..
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Becoming Recession Proof
A lot of business owners I've spoken with lately have commented how their business is slow because of "the recession." If you are one of these people, you might want to reconsider your position. Before blindly saying a condition is being caused by a recession, you might want to ask yourself, "What will it cost me to buy into this?" Consider if you will that your thoughts create your reality. If you doubt that, study any spiritual, religious, philosophical, writing over the last 5,000 years and y More..
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Youll See It When You Believe It - Growing Your Business from the Inside Out
What unspoken message are you sending your clients and customers? Is your personal energy field projecting positive, high vibrational energy or just the opposite? The latter will cost you business--and worse, you won't even realize it. The energy I'm talking about here has been called many things, "being in flow," "in the zone," "locked on", "jazzed", "sending out good vibes," (that last one is for anyone old enough to remember the 60's). Have you ever gone to a business networking event or fun More..
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Get Out Of The Rut And Back On the Track
Do you sometimes find yourself just going "through the motions" of your business from day to day? Has the excitement gone out of your daily routine? What happened? Remember way back when you began doing this? You were excited and enthusiastic about what you were going to do. What went wrong? Where did the excitement and enthusiasm go? More importantly, how do you get it back? Of course, this may be a signal that it is time for you to make some changes or to "move on." On the other hand, maybe More..
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Grab Your Consumers Attention in a Cluttered World of Marketing Communications
A cluttered world of marketing communications diminishes the ordinary. The consumer can no longer be bother with the dull, trite and a boring hodgepodge of marketing communications that are pandered in front of them every day. They simply haven't the time, nor are they willing to figure out what irrelevant messages warmed over with pseudo-showmanship the marketer is selling them. Originality is demanded by the consumer in order to grab their attention long enough for them to react and hopefully More..
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Covenants Not To Compete: Another Franchise Quandary
Imagine that you have operated a successful franchise business for the past several years. Your franchise agreement's term expires in the near future and you are contemplating whether renewing the agreement would be a wise business decision. In the past couple of years it has become all too apparent that you are receiving little, if any, benefit or assistance from your franchisor. Yet, you continue to pay the franchisor thousands of dollars each year in royalties and other fees. You therefore de More..
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The Perilous Franchise Agreement: What Did You Sign?
Purchasing a franchise has become one of the most popular avenues for individuals looking to escape the rigid work day of a 9 to 5 job and take the leap into the world of independent business owner. After all, who doesn't dream of being their own boss and controlling the limits of their own financial future? For anyone looking to act on their entrepreneurial spirit, franchising can indeed offer many attractive qualities that can provide excellent growth and earning potential, as well as satisfy More..
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Time to Sell your Restaurant? Some Advice from Restaurant Consultants, Inc.
As a specialist in getting restaurants open, it is surprising how many people ask, "How can I get out of my restaurant?" Reasons for this question vary greatly, from a death in the family to a merger with another firm, to the end of a lease. Selling your restaurant requires quality prior planning if you are going to realize the maximum value for the business. This planning is not much different when getting out than when you first got into that business. What things did you look for when you b More..
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Essex Accountant: Accountancy Firm MVP for Your UK Business?
Most business owners know when they need an accountant, but they do not realize how important the task is or how much their results can vary. No other job position outside of your own is going to affect your bottom line like an accountant and contrary to common belief, the job is not just about crunching numbers. A good accountant or accountancy firm must know how to crunch numbers that will allow them to provide practical suggestions from useful information that will pave the way for you to mak More..
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Forming a Corporation - Investors
You've come up with the best idea since sliced bread, figured out a business name and formed a corporation. There is, however, one small problem. You need money. Welcome to the world of investing. Business Funds Unless Bill Gates is your friend, money is going to be a problem for every new business. Even the might Google had to hunt for cash with one of the founders of Sun Microsystems finally kicking down a much needed $100,000. Whether you decide to pimp your business plan to anyone breathin More..
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Small Business Opportunities Magazine Business
A Small Business Opportunities Magazine is one of the new small business opportunities opening up everyday. More and more companies are looking to outsource for basic services, cutting their budgets in the process and increasing profits. With this happening globally, the small business opportunities available are increasing. This process will only benefit the company's bottom line, but will also open the door for more employees to own their own businesses and take control of their lives. So whe More..
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13 Steps to Protect Yourself from Your Bank
The success of your business is critically dependent on how well you negotiate and manage your financial partners. Banks, investors, credit cards and financial services companies work for you. Therefore, you need to be sure you are working together, understand the plans of each and have the best idea of what and how things will happen when times get tough. It is very simply like dating, and you need to be acutely aware of how words, actions and contracts meld together to form a base for your bu More..
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Are You Satisfied With Your Business Just As It Is?
Did you know that satisfaction is the number one emotion people want to experience about their life and business? Yes, fame and fortune are up there, but satisfaction is the key. Satisfaction is about contentment, gratitude and pure joy. Are you satisfied with your business and your life? If not, read on and see how you can transform your life in the simplest method possible. To be satisfied is to enjoy each step along the way, to be able to integrate the practical with the fanciful, to continu More..
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How Is the LEGAL SYSTEM Dishing Out JUSTICE in Your Town?
Thankfully, most of us will never find out. That is a GOOD thing! However, if YOU are a small business owner it's something worth knowing before one day you get kicked in the back-side. I've advocated for many years - ALWAYS invest in GOOD legal counsel; a qualified Accountant [CPA]; and Insurance Agent. The3 most important advisors to your business success. A little research in our town opened my eyes BIG and WIDE to how a small business owner can suddenly find himself/herself in deep water w More..
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Starting a Virtual Assistant Business
If you're organized, smart, capable and willing to work with deadlines, you could start a virtual assistance business and cash in on your skills without having to commit to an employer (you'd be your own boss instead) or the "cube life". A VA (virtual assistant) is basically like an administrative assistant (or whatever duties need to be filled, such as writing, link building etc) that serves in a virtual capacity. What this means is that they are independent contractors, and not employees of in More..
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Five Tips for First Time Entrepreneurs
It seems so long ago that I started my first business. Since that time, I've created several successful businesses and learned a lot of lessons along the way. There are several things I wish I would have known in the early days of my entrepreneurial efforts that I hope will help some other first time entrepreneurs on their path to success. You'll Work Harder for Yourself than You Ever Have for a Boss If you think owning your own business is simple or means you get to lounge around all day long More..
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Do You Own Your Business Or Does It Own You?
What was your aim when you went into business for yourself? Chances are you wanted to be your own boss, be in control of your future, improve your chances of earning a high income, among other things. How are things for you right now? Do you feel in control ofyour business? How many hours do you put into your businesseach day? Each week? Will your current business enable you to retire in the next 10, 20 years? Do you sometimes feel overwhelmed by all the administrative tasks involved in runnin More..
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Todays Chef, Tomorrows Restaurateur -- Startup Tips by Restaurant Consultants Inc
Researching information for a recent business plan, I came across an interesting number of 54,000. What is the big deal about that? Over 54,000 new restaurant business licenses were applied for in the last twelve months nationally. That is over 4,500 new restaurant licenses every month, or 90 licenses per state per month. Out of these 4,500 monthly licenses, I wondered about how many of these new applicants are experienced operators who are really qualified to open a restaurant. As a new restau More..
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Breaking The Chains!
Everyday, customers and business owners are bombarded with billboards, logos, print and electronic ads from huge corporations. With annual ad budgets that are more than our businesses' SALES in an entire year, our small independent businesses are getting squeezed out of consumers minds (and wallets) more and more each year. But the good news is, there are ways to fight back and "break the chains": # Build that website and perfect your online presence. The Internet is one place where, compared More..
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Five Facts and One Motivating Factor Behind a Successful Home Business
All legitimate home business entrepreneurs insist and announce loud and clear that a successful home business is not about an overnight thing. And that you cannot get rich overnight and so on... Through this article I will break the facts of home business into points that are easy to understand and relate to. Persistence and patience are required to promote of your home business: A home business owner will have to add value to her/his site and update the information on a regular basis. Conside More..
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7 Tips to Improving 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 More..
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Change May Be Your Ace in the Hole
Whether it has been thrust upon you by external market forces or it has simply bubbled up from the internal dynamics of your enterprise, change itself always presents opportunity for improvement. And in a knowledge based economy, change may be the only thing we can count on as small business people. So, if you want to stay ahead of the curve, you must embrace change as a necessary strategy for commercial success. Despite the inevitability of change, we spend a great deal of time and energy tryi More..
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Finding the Right Virtual Assistant for Your Small Business
Articles abound advising the business community how to properly screen when looking for a Virtual Assistant (VA). Unfortunately, some of the advice may lead you astray, as it often ignores the fact that VAs are not employees but independent contractors providing professional business to business (B2B) services. For example, I have yet to have a prospective client actually ask me for a "list of references," although if one did, I would happily provide him or her with a name or two if I thought t More..
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Is Your Business Profitable?
What's your job profitability? Do you know? Many business owners 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 simply mean you haven't paid all the bills yet, so you have a little cash. Cash and profit are two different concepts. If you don't know your exact income and expenses for each job and your overall b More..
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How to Start a Pet Transportation Business
Pet Transportation Services are needed as the number of pets in the U.S. has grown tremendously over the past few decades. According to the U.S. Pet ownership and Demographics sourcebook, there are an estimated 60 million dogs and 70 million cats in American homes today. Apart from that, households which own pets have been recorded to spend 36% more in 2001 as compared to 1996. With this, owning a business that caters to the pet market, including a pet transportation service has lots of potentia More..
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Accounting Methods - Cash and Accrual
When starting a business, you have to determine the method you are going to use for accounting and paying taxes. The two choices are the cash method and the accrual method. Cash Method If you are looking for simplicity, the cash method is probably your best accounting choice. Generally, income and deductions can be claimed when payment is actually received or made. This is best shown with an example. I open a small business and have to order business cards and stationary. I receive the produc More..
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Professional House Cleaning - The Dirty Little Secret
Are you tired yet of all the books out there telling you how easy it is to start a house cleaning business? I'm not inferring that all their information is bad, but let's be honest about how "easy" it really is. There's a dirty little secret hanging over the cleaningtrade that nobody talks about, but every professionalcleaner runs into. And unfortunately, if you buy one of thebooks on how to start your own cleaning business, theywon't tell you about this issue and probably don't evenknow it exi More..
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How to Achieve Real Success in Business: Five Breezy Tips
Achieving real success should be the goal of any good businessman. But what is real success? I believe that it is no just money, or instant growth. In my opinion real success is composed of the following factors. Good growth, good reputation and above all peace of mind. In this short exposure I try to elaborate on five factors pertinent in achieving this real success. 1. Do your homework and planning Before starting a business you should study the background carefully. Many people ends up as l More..
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Attributes Of Companies You Don?t Want To Buy!
There are no "rules of thumb" in the pursuit of companies to buy. Each purchase opportunity has to stand on its own merits. There are, however, attributes of acquisition candidates that need to be defined for what they really are before additional, limited resources are put at risk in a potential deal. It is absolutely critical for any proactive business buyer to understand, consider and deal with specific business characteristics that add unnecessary financial risk to the investment opportunity More..
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Starting Your Small Business
Where do you find more customers? How do you compete with bigger businesses? Answer. Build loyalty and rewards. You may not have the money to spend on advertising like your competitors do but you don't need it. What you need is added exposure, added exposure that costs little or none. One of the best ways is referrals. Getting referrals from your customers reinforces new customers that they should choose you because they can trust you and they will be satisfied. A good way to track your refe More..
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Small Business Strategies - Four Critical Success Factors
Scenario One During a recent presentation, a business owner was given the following challenge. If 10 of his 100 employees were asked to name the top 3 organizational goals for the current year as they perceived them to be, would he receive the same 3 goals from everyone or would he receive 5, 10 or even 25 different goals? The business owner shook his head and thoughtfully responded, "No, I am sure that I would receive more than 3 goals." He was then asked to consider what these misdirected act More..
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The Power of Why: Your Psychological Ally To Marketing Success!
Here's why 'WHY' is such a profit-making marketing trigger. "Stop taking two and three plates of food," my mother said to me angrily. I was at a wedding and seven years old. Back then, at a lot of the weddings we used to go to, the food would be pre-served on a plate. I could never get enough of those calorie-ridden platters. Waylaying different waiters, (so I would not be recognised), I'd polish 3-4 plates without blinking an eye. =========== Mum wasn't impressed, and told me to stop and des More..
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