Basic Economic Principle: Only a fool replaces short-term debt with long-term debt.
Wow, that's quite a harsh statement, but a statement that will stick in your mind when the financial pressure is so high and there just doesn't seem to be a way out.
Consolidating your debt into your mortgage loan just seems to make so much sense when you're under pressure to pay the bills, but is this a wise…
Added by Morne Lubbe on July 11, 2012 at 8:30am — No Comments
For me, the hardest part of business is the fear of a lost opportunity. My trigger to start new projects and create…Continue
Added by Crystal Shuller on July 9, 2012 at 10:00pm — No Comments
1. Make Regular Posts – It may seem so obvious, but making daily posts to your Facebook account…Continue
Added by superiorbms on July 9, 2012 at 6:00pm — No Comments
How valuable is your time to you? Should you do your own bookkeeping or have a professional outside of your company handle this task? Whether you are a sole proprietor, small business owner or just starting your exciting journey of entrepreneurship, at some point, you will have to make this decision.
Managing your business finances can become a full time job in and of itself. With many businesses failing in the first five years due to mismanaged finances, this decision is worth…Continue
If I had the money I'd ...travel more, give my kids a better lifestyle, enjoy life more. How many times have you said something like that to yourself? Plenty huh. Me, too.
Entrepreneurs are a scrappy bunch, which is why I love you so much. We are used to bootstrapping to make our businesses run. You wish you made more money. You try hard to make more. Longer hours. More marketing, even though you're not sure it's working. You get used to just scraping by for so long…Continue
Added by Dina Eisenberg on July 5, 2012 at 3:30pm — No Comments
How do you keep track of your business contacts....excel, paper files, a word document, your email or smart phone’s contact list or perhaps a good old-fashioned rolodex? These all serve a purpose, but if you’re not using a dedicated CRM (Customer Relationship Management) system, you’re missing out on a world of benefits designed to create stronger business…
Be sure to tune in tomorrow night at 8pm EST to "Business Matters - Where Your Small Business Matters" (www.blogtalkradio.com/grandmassecrets). Our last show before the summer haitus, we finish this series about using blogs and social media to grow our businesses.
Tonight we re-welcome Amy Kover. As a recovering journalist, she began a blog entitled "Cooking With Jeanne" about how a box of recipes her mother gave her shortly…Continue
Added by Regina McRae on June 26, 2012 at 7:44pm — No Comments
I bet, I'm not alone.
Building an online business is WORK! I love it though (well, most of the time).
I stated this en-devour in August of 2011. I searched for months, for the right nitch, the right fit, and the right host.
After much research, trial and error, and nearly giving up- I found a company called SBI (Site-Built-It).
I never imagined I would be building an entire website! But, here I am! I've learned much more than I bargained for (that's not a bad…Continue
Added by Angie Fisher on June 23, 2012 at 11:00pm — No Comments
Disorganization is one of the biggest time and profit killers for small business owners, and if you’re anything like me, you’ve spent hours trying to find the right web-based tool to solve your task management woes.
But rest assured that there are programs out there to help you stay on track and manage your tasks. The following 5 Apps are web-based, giving you the added benefit of being able to access them on any device wherever you have a wifi or data connection.
This is the second hardest conversation for entrepreneurs and business owners to master. Right after explaining what you actually do, which can be challenging if you're a professional adviser or coach, is....drum roll.....saying your price to your customer.
Raise your hand right now if you've mumbled, stuttered or uhmmm your way through the question: so what do you charge?
Go ahead, no one can see you. Almost every mentoring…Continue
Added by Dina Eisenberg on June 17, 2012 at 3:56pm — No Comments
Small business owners hate paying exorbitant credit card fees charged by merchant processing companies. They feel that they are between rock and a hard place when it comes to accepting credit cards. Refuse to accept them and they will lose customers. Accept them and they will lose money to those processors. No wonder Visa and Master Card companies are raking in billions of dollars in profit, while small business owners are hurting.
Is there anything small businesses can do to…Continue
Added by Harry Vaishnav on June 13, 2012 at 10:00pm — No Comments
This is going to be different. I’m a little nervous about exposing my thinking. After all, lawyers are rigorously trained to fiercely guard our words and shield our thoughts.
On the other hand, as a heart-based entrepreneur, I believe that there’s a better way to run a business. It’s not conventional, and that’s probably why it works for me. Now the question is, would it work for you?
Neither of us gets to know unless I spill. So, I’m…Continue
Added by Dina Eisenberg on June 8, 2012 at 10:00pm — No Comments
After the rock star and professional athlete dreams fade away, most people dream of owning their own business. It certainly would be nice to be your own boss and be able to run a company the way you want—you can pick your entire staff, approve the marketing campaigns that you think will sell, and why not institute a…Continue
Added by Sarah Mohr on June 8, 2012 at 11:30am — No Comments
Power is something most people want but don’t really understand well. My definition of power is:
Pretty simple, right. And, everyone, believe it or not, is powerful in some way.
The most powerful person isn’t always immediately apparent. Someone might act like top dog but not be; you have to look hard to see who’s the alpha. For instance, the most powerful…Continue
Added by Dina Eisenberg on June 4, 2012 at 12:45pm — No Comments
The use of a project management approach in your business can help you overcome obstacles like miscommunication between team members, client product delivery mishaps, project overruns and missed deadlines to name a few.
Eleanor Mayrhofer, Elizabeth Harrin, Josh Nankivel, Lyndsay Scott and Peter Taylor,…Continue
If there's one thing that credit card companies really understand, it’s branding their credit cards. They know how to create a brand name that customers want to use, and their branding has been so successful that most households now have multiple credit card accounts and use them regularly. If you are running a…Continue
Added by Amanda DiSilvestro on May 29, 2012 at 12:49pm — No Comments
When it comes to branding or business identity, sometimes I think that I'm a little harsh. A little too critical. But, then I'm reminded that building an effective brand requires criticism and scrutiny in order for it to work? By "work" I mean effectiveness, memorability and clarity. Your audience…Continue
Local franchise businesses have a hard time getting noticed by the search engines, but many things have changed at Google over the past 9 months that make local search ranking easier for the small business owner or franchisee.
15 things to get right in Google Places for local search ranking.…Continue
Added by Larry Levenson on May 22, 2012 at 10:28am — No Comments
For small business owners employee turnover is a fact of life. One of our clients put it very well the other day when he said, “I am not in the restaurant business. I am running an employee training business because of the constant need to train stream of new employees that I have to hire because of turnover.”
High turnover raises number of issues for all businesses, ranging from having to spend money in hiring and training new employees to impact on business operations and customer…Continue
Australia is a business friendly country which offers various SOPs and incentives to establish business in any of its cities. However, it is to be understood that while establishing a business in Australia, whether small or large, you have to comply with the government regulations so that there are no complications. Here are the major rules or compliances that you must follow in order to start a small business in…Continue
Added by James Forrest on May 18, 2012 at 10:30am — No Comments