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Home » Small Business Articles
 

Small Business Articles

 
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North County San Diego Small Business
North County San Diego has had some significant growth, and it appears to be a wonderful place to run a business. It has a strong middle class upward bias and plenty of opportunity and employment. If you are thinking of a place to live near the California Coast some of the best weather in the World you might consider it. Lots businesses, customers and cash flow. We visited Legoland in Carlsbad, California. What a great theme park for the whole family. Carlsbad is also known for being the golf c More..
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The Business Failed, But Did You?
Q: After years of dreaming about starting my own business, I finally took the plunge a little over a year ago. To say the least, my dream quickly became a nightmare. The business didn't do nearly as well as I had hoped. I ran out of money within six months and had to take out a second mortgage on my house just to keep things going. I have now closed the business and am left with a pile of bills that will probably put me in personal bankruptcy. I don't mean to take it out on you, but instead of t More..
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The Business Autopsy: A Fact Of Life
Last week we discussed the importance of performing an autopsy on a dead business. No, I haven't been watching too many of those wonderfully graphic, TV forensic investigation shows. The reason I recommend you do a business autopsy is to uncover the exact reasons why the business died. This is valuable information that can not only heal feelings of personal failure, but also better prepare you for the pitfalls of business should you ever take the plunge again. Starting a business is never easy More..
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There Are No Dumb Business Questions, Not!
Q: I'm curious. What is the dumbest business question you've ever been asked? -- Norris W. A: Shame on you, Norris. There is no such thing as a dumb business question. OK, that's not exactly true. There are dumb business questions and I do get quite a few of them. Not through this column, of course. People intelligent enough to actually use a computer and surf the World Wide Web would never submit dumb questions now, would they. OK, that's a lie, too. I've gotten a few head-scratchers in respon More..
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Choosing A Business Thats Right For You
Q: I really want to start my own business, but I have no idea what business would be best suited for me. I'm also eager to get started, but I don't want to pick the wrong business just because I'm impatient. How should I go about deciding what business would be best for me?-- Samuel J. A: Before I answer your question, Samuel, I want you to reach around and pat yourself on the back for not letting your eagerness push you into making a wrong decision. All too often we entrepreneurs tend to let o More..
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Is Brick and Mortar A Passing Fad?
Q: Is the online world the best place to sell a product or service these days? My friends seem to think that brick and mortar stores will totally disappear in the future. I debate this all the time with them, but it seems to be heading that way. Your thoughts? - Alex H. At last report, Alex, Sam Walton was still resting comfortably in his discounted grave, so I'd say brick and mortar is safe, at least for the next few years. During the dot-com boom the mantra was "Brick and mortar is dead!" Th More..
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ADH Will Make Your Life More Productive & Your Life More Profitable
What is a Virtual Assistant? ? A Virtual Assistant is that indispensable element of your office staff - a professional that provides high quality administrative services in a highly scalable, value added format. ? A Virtual Assistant is not an employee of your company, but rather an independent 1099 contractor who can work either by the hour or by retainer. ? A Virtual Assistant is a skilled technician who maintains a mastery of the most current administrative services. Virtual Assistants ar More..
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Want to Grow Your Business? Make an Irresistible Offer
My clients and many of my readers are small and home-based business owners, and one of the biggest struggles they face is getting new customers. Getting new customers is costly and requires a repeated effort. Once you have a customer it is easier to retain them as long as they are receiving value and benefit from their relationship with you. I recall a woman I dealt with years ago while I was serving as an executive member for our police association. The legal name of the association was chan More..
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How to Remove Stress from Owning a Business... Forever!
I meet and talk to hundreds and hundreds of business owners every year and do you know what I've discovered? Virtually all of them are regularly suffering from stress. It dawned on me while running a seminar one day... stress is caused by pressure. Isaac Newton's Second Law of Motion says for every action there is an equal and opposite reaction. That means in order for there to be pressure there must be resistance. Its impossible to expert pressure on something unless there is resistance. So i More..
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Starting is the Hardest Part
You can't imagine how many people ask me how I did it. To turn my back onto convention, to turn a deaf ear on the people who wants what is best for me, to snub my nose at people who thinks I am making one of the biggest mistakes in my life?etc. Hey, this is what I do best, so, I am really good at this. Granted, not everyone is as good at defying convention (and logic) as me, so, I'll keep that in mind. :-) I can't explain how it happened and I cannot pin point when it was that I decided to quit More..
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Self-Employment: Do you know the Difference between Rates and Wages
The difference between rates and wages is not always clear to newly self-employed people and their wage-earning clients. Both look similar on the surface; both are expressed in dollars and cents per hour.But they each represent something very different. Wages are the payment a worker receives for his labor. Rates are the payment a business receives for performing a serivce to a client. Inaddition to the labor used in performing that service, rates must cover thebusiness's overhead. Because o More..
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Why is My Restaurant Not Full Every Monday Night?
In a quest for customers and to keep those customers, restaurants are now compelled to develop a marketing plan. Marketing plans are a crucial component for anyone who has the desire to make their restaurant a success. Marketing plans are a crucial component for anyone who has the desire to make their restaurant a success. In a quest for customers and to keep those customers, restaurant are now compelled to develop a marketing plan. However, many restaurant owners are not comfortable with marke More..
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Preparing to Launch Your Small Business
Small business owners often enter their field with great expectations. Unfortunately, reality strikes shortly afterwards. Here's how you can enter the entrepreneurial battle ground with confidence... First, embrace the optimism but don't be blind to the obstacles in your path. You set yourself up for failure when your expectations are too high. You should expect success. You should expect financial rewards. But you should also expect difficulties. There is a price to pay for success and sacrifi More..
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Got Stimulation?
An observation while returning home from a seminar: Getting away from the everyday allows room for analysis and new thoughts. Stimulation while away from the everyday energizes analytical and concept ional thinking. The above observation was formulated in-flight while attempting my normal travel timekiller, enjoying reading a popular adventure novel. But stimulating thoughts from the two-day seminar I attended kept intruding on my recreational reading. So I put down my book and started reviewin More..
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Learning and Growing
As you reflect on this yearand prepare for next year, what are the lessons you have learned in business and how do you plan touse those lessons to grow your business in the year ahead? And remember, in every challenge there is opportunity for growth so even if you had a challenging year it can be a stepping stone to success. I know the hustle and bustle of theholiday season can seem overwhelming when you try to factor in end of year business planning. So simplify this very important task by f More..
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Where Can People Find Information About Starting A Business?
Approximately 200,000 new businesses are started each year. More people are expected to start a business for themselves this year than ever before. With economic fluctuations rippling through the business world, more and more people are getting laid off every day. People often need help finding the information they need to become a successful business owner; especially first time business owners. The following 10 points of information further explain the kinds of detailed, practical business i More..
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Overcoming Your Biggest Competitor
Before you read any further in this article, I'd like you to take a moment and write down who your biggest competition is. OK, got it? I'm going to go out on a limb here and tell you that no matter what company you wrote down, you're wrong. Here's what I'll tell you; no matter what industry you're in, no matter how long you've been selling, the biggest competition you face in selling is the status quo. The Status Quo; whatever it is your prospect is doing now - that's the key challenge you hav More..
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The Triple A Way to Spark Your Companys Profits
Winning small and home based businesses today must continually shake things up to stay in the game. Whether it's adding new marketing twists on existing products and services or anticipating customer wants with compatible new items you can add to your product mix, hatching new ideas and concepts is vital to a profitable company. AAA Here is what I call the "Triple A" way to plant seeds of idea generation, innovation and creativity: Anticipate, Ask, and Add. Anticipate: Is there something your More..
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Business Success - The 42 Greatest Business Tips
What does it take to grow a business and run it successfully? The main ingredient is attention to the basics, operating with integrity and following the way other successful people have run their operations. Here are StartRunGrow.com's 42 greatest business tips for you to follow: # Advisers - Make sure you talk to other successful people who have already done it. There is no sense in reinventing the wheel and learning by trial and error if you don't need to. Discuss it also with your family, e More..
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Bad Regulators Cost Small Businesses
When a regulator finds a target to go after to collect fees to insure next years budget, often it is a small business. In fact the definition of a small business includes what normal people might even think of as a medium sized business. Often a Federal Regulator might be a 26-year old kid fresh out of college being supervised by an older regulator. The younger regulator often wishes to secure his or her case in the name of Justice and wants to change the world being fresh out of college. But th More..
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Look Out for that Great Accountant
There are many factors to be considered when you are trying to select the accountant who is right for you. In other words how to find that good one. Better still, how to find that "great one". Make up a shortlist of at least 4 or 5 potential candidates. Compare what each has to offer. Come to a conclusion as to which offers the best service for the cost involved. You must find out about each accountant. See if they are interested in your type of business. Are they keen on the size of your busi More..
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What is Rule 15c211 and Reverse Merger
Rule 15C211 Under SEC Rule 15C211, a U.S. securities broker or dealer may not publish a quotation for any security unless certain information concerning the issuer is available and the broker or dealer has a reasonable basis for believing that the information is accurate. The information requirement is satisfied, in simple terms, if: 1) a Securities Act registration statement (F-6, F-1) has been filed within the last 90 days, 2) the issuer is complying with filing requirements and has in its More..
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Choosing a Truck Wash Location in Nevada, Case Study
There are several well-known truck washes in the Great State of Nevada. Truckers need to get their truck washes as they travel West into California after coming off the mountains thru the weather, which dirties their trucks. There are two truck washes in Reno and two in Las Vegas, another strategically placed in Fernley to catch traffic coming from Las Vegas to Reno and on I-80 before the traffic. When picking locations from truck washes you must consider many factors and look for well-traveled More..
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A Gift Basket Home Business is an Easy Way to Wrap up Profits
You want to know more about making money with your own gift basket home business. You are a creative person and want a career that you can control and find rewarding at the same time. What better way to do this then to start a gift basket business in your own home. Many people decide to breakaway from jobs outside the home. Some want more time with their family, and friends. Others are just tired of working for an unappreciative boss. Whatever the reason, you have decided you want to start a gi More..
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Going Public: The Process for Small and Mid-size Companies to Go Public
It's the dream of every person who starts a business to some day see it trading in one of the stock exchanges even after they are no longer associated with the company. The first step (#1) is simple since most small company are already incorporated and have a board of directors, so we will start with #2. Step. #2. Engage a consultant but not before doing a background check. This is a must because the consultant who is supposed to be working for you may be the very person to destroy your dream. More..
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A Portable Trade Show Exhibit Makes for an Easier Show
You can make your trade show experience much easier by using a portable exhibit. Since you control everything related to transporting it and setting it up, you won't have to hire firms to for those things for you. In contrast, a large exhibit requires you to rely on others to ship it and set it up - during which any number of problems can arise. For example, your exhibit could arrive late at the trade show, or not arrive at all. But by transporting your portable trade show exhibit yourself, yo More..
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6 Steps to a Successful Medical Spa Expansion
According to the American Society for Aesthetic Plastic Surgery, since 1997, nonsurgical procedures have increased by 471 percent. Jeff Russell, CEO of MedSpa Financing, comments "Medical Spas are a natural progression of medical practice expansion, having a medical doctor run them gives them the credibility and public confidence needed for their success." Before you jump into the Medical Spa industry; keep the following 6 steps in mind: 1. Start with a Road Map A business plan is critical fo More..
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Do You Need the Help of a Virtual Assistant?
Running a business, whether large, small or in your home, is full of challenges. Getting the day-to-day tasks completed, e-mail, faxes and telephones answered, bills and statements sent out, reports run, schedule updated, travel arrangements made, marketing pieces and website updated, as well as a plethora of other tasks, can be downright daunting. In swoops the "Virtual Assistant" to handle these and many other tasks for you and help your company's bottom line. In case you're still working out More..
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Window Cleaning Business Start Up
Should you buy a business opportunity or Franchise if you want to get into the window cleaning business? Or just start your own and work hard; grow the business into a full-time profession and expand from there? Let us talk briefly about window cleaning franchises is in general. One could argue without too much difficulty that buying a window cleaning franchise is simply a waste of money, after all you could simply go down to be 99 cents store and by a bucket 3 towels and a squeegee and hey, yo More..
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Hispanic Small Business Advantage
One thing I have noticed in my travels to different markets is that Hispanic Small Business Owners have a very distinct advantage. They are friendly and very involved in their communities. Hispanic Business Men and Women are very socially active and if you look at their incredible unity, there is nothing slowing down this Hispanic Middle class from becoming upper classmen. They are incredible relationship builders and smart and savvy business people. Just look at the number of organizations prop More..
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Franchising 101- What You Absolutely Need to Know
Franchising has made the world look really small. The well known flavors are now not just restricted to a single town or city but can be enjoyed world wide. Otherwise it would only be a dream for somebody in Asia to wear the fashion of Europe, for the West to have delectable food of the East etc. Globally as well as domestically the system of franchising has something good for everyone. Franchising basically is the taking of franchisee- the authority or rights to sell the products of some compa More..
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Corporate Shells
A corporate shell could be liken to a house that had been occupied by a family, prior to the family moving out it was a home. But now it is just shell, a skeleton a plain house with nobody in it, but if a family was to purchase the house and moves in, it becomes a home. Similar, a corporate shell was once the home of an operating company but once the operating company ceases to reside there because of adverse circumstances ( bankruptcy or liquidation ) all that remains is the shell. Buying and More..
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City Wide Garage Sales: Hidden Riches!
Most of us remember going to at least one garage sale in our lives. It may have been called a yard sale, garage sale or flea market. The name didn't matter it was all the same. Other people selling what they thought was trash to people who thought the items were treasures. Those people who find treasures are the people who feel euphoria at the sight of garage sales. These people need to look at these garage sales in a new light. You can take this overwhelming urge and profit from it in several More..
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Recognizing Employees? Contributions Can Go a Long Way
Every employee would like to earn as high a salary as they can at their job but surprisingly it's not the number one motivating factor for them in the workplace. Human resource surveys indicate that wages are not even among the top five motivating factors for an employee. What does rank as one of the highest factors is being recognized by their employer for their contributions. With the current job outlook being referred to as a "buyer's market," job seekers have a lot of positions to choose fr More..
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Self-Employment: Managing Your Money: Tips for Living with a Fluctuating Cash Flow (Part One)
The way you manage your money is one of the first things you'll change when you move from employment to self-employment. You are moving from an environment where you received income in equal amounts at set intervals to one where your income fluctuates. Managing money in such circumstances is unfamiliar and, for most of us, uncomfortable. These are some tips I developed from my experience of 10+ years of self-employment. ? KEEP GOOD RECORDS When I first got started, an old CPA friend of mine More..
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S Corporation - What Is It?
For many small businesses, the "S" corporation is the business entity of choice. The "S" in S corporation refers to a tax designation. All corporations are created the same way under state law. A small business must then chose a tax status, to wit, "C", "S" or non-profit. Important issues concerning S corporations are covered in this article. C Corporation v. S Corporation Federal tax laws automatically consider every corporation to be a "C" designation. A small business, however, may elect to More..
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How to Profit from a Concrete Roof Tile Business
Concrete Roof Tile Business: During the 2004 summer season, storms plagued the United States. Damages from the Hurricanes in Florida alone sent resources in the southern states scrambling. The shortage of qualified roofing professionals and supplies were felt immediately. Roofers from all over the United States began hunting down supplies and heading south. There were also many people who saw a roofing business opportunity and invested in roof tile businesses. Concrete roof tile has gone throug More..
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Credit Repair Business Opportunities - Huge Profit Potential!
In the world today, many people are further in debt than they realize. When they finally come to understand they need help, they are on the brink of bankruptcy. However, President Bush's signature on the new bankruptcy law has changed this option. He has created booming credit repair business opportunities. This boom is the result of the new law requiring people to obtain consumer credit counseling before they are eligible to claim bankruptcy. Even when they can claim bankruptcy, it is now the More..
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Facts About Starting Elderly Group Home Businesses
There's been a recent rise in the number of elderly group home businesses springing up everywhere around the world, what with an estimated one in four families providing care for an elderly relative today. Before you decide to jump on the group home business bandwagon, though, you need to know as much as possible. This brief guide will help. Some questions you should ask yourself before starting a group home business, or any other home business for that matter, are: * What are your talents More..
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How to Become Successful in the Field of Financial Consultants
Financial Consultants are one of the fastest growing industries today. More and more people are requiring the services of a finance consultant to get out of debt, and/or prepare for educational and retirement expenses. The knowledge these consultants have creates an income potential for everyone involved. Becoming a financial consultant takes time and money. It is not a get-rich-quick business, but it does lead to an unlimited income potential. Before you do anything else, you need to decide if More..
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How to Get Started As A Government Contractor
Becoming a contractor or sub-contractor for the U.S. government can bring in lucrative, on-going revenue to your small business. But doing business with the government is very different than typical business-to-business selling. For example, sales cycles can be much slower. There is a specific process that must be followed, and you'll face stiff competition from larger companies with more experience. In fact, the process can seem overwhelming, especially if you're just starting out. You need to More..
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The Truth About Government Grants for Your Business
Free money! Receive up to $25,000 that never has to be paid back -- Guaranteed! Get a grant to start your own business today! If you're a small business owner, or you've always dreamed of starting your own business, you've probably run across ads like these. Companies that "guarantee" you'll get a grant to start your own business that never has to be paid back. Purchase their product, and they'll give you the "secrets" to making all your money troubles go away. Have you ever wondered if all th More..
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How Micro Loans Can Mean Macro Success for Your Business
"Inch by inch, row by row...that's the way my garden grows" was a favorite saying of my grandmother's -- usually when she was trying to teach me something about patience! While I never mastered the art of having patience, I have learned how that saying can apply to creating a successful business. If you've got big dreams for starting or growing your own business, but you lack the start-up capital, technical assistance or training that you need to succeed, then start by thinking...small. In fac More..
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Government Does Not Pay Its Bills on Time
Many small companies work very hard to get new accounts. Occasionally they try to get government contracts to supply products or services. Some small business people believe this will help them in case of recession, because the government has to keep going no matter what. They therefore seek a contract as a protection security blanket and guaranteed income to pay their own bills, make payroll and have the cash flow they need to survive at a time when over regulation and hostile litigation is tak More..
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Bringing Home the Bacon
In general, all of us know how to accomplish the task and get the work done. The problem is in how to actually 'get paid' for what we do. If you, like me and most of the entrepreneurs I've worked with, have completed the project, turned it in and been left holding the proverbial bag waiting to be paid for months on end, you are probably just as tired of that scenario as the rest of us. So what can we, as entrepreneurs, do about that particular scenario? A few months ago - I might have answered More..
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Private Investigator Tactics
A Private Investigator is a professional trained in the art of investigations and surveillance. Otherwise known as Private eyes or, these professionals are for hire 24 hours a day 7 days a week. Many investigators have backgrounds in CIA, FBI, military, special forces, police, and government. I assume you all have heard of the famous Sherlock Holmes, and his trusty side-kick detective Watson. They were a type of private investigator. Today's private investigators use modern technology along with More..
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Small Business Survival
In today's economic climate, the first priority for the small business entrepreneur is survival. A glance at newspapers, business journals, or cable news channels reveals a succession of corporations striving to stay on top of their game, and often failing, to slow the growth of outsourcing or to show real growth within their market space. In such times, knowing how to achieve long-term success is more critical than ever. The most important thing today's small businesses can do is expose their More..
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In Home Daycare Businesses for Profit
To have one of the popular in home daycare businesses. Many people think all you have to do is love kids and have a home. But to have a successful daycare business, it takes a little more than that. Actually, it takes a lot more. Yes, to have one of the in home daycare businesses, it's a good idea for you to truly love children. Because you'll be spending a lot of time with them. And if you have your own children at home, you have to consider the impact having other children around all the time More..
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Going Public: Now that You Have Successfully Made the Transition, What Do You Do?
Ok, you have successfully accomplished your dream of being the CEO of a public company. The stock of your company has a symbol and you are continually going to the computer to check the price, you tell all your relatives and friends and you even tried to encourage them to buy the stock. You think your job is done, you selected an excellent market maker, you released an announcement to the financial news media, but nothing is happening. If you are playing basketball and you make a three point s More..
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Is Your Business Making Money?
Is your business making money? Would you know? Figuring out whether your business is actually making money is no easy task. Most small business owners have a pretty good idea of what their top line is (their revenues), but unless they're closely tracking and inputting all of their expenses, the bottom line can often come as a complete surprise. That's why it's critical to closely monitor these numbers on a monthly basis. They are the tools you need to make ongoing business decisions. For examp More..
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