Starting a small business is not a 9 to 5 job. In the beginning your business owns you—you do not own it or your time.
How Entrepreneurs Can Develop Multiple Streams of Income
I recently interviewed Stephanie Chandler @bizauthor on Smallbizradio, my monthly show on #Blogtalkradio about how entrepreneurs can develop multiple streams of income. Small business owners can grow numerous business lines by taking their knowledge and packaging it for sale in the ways that people absorb information: audio, video and written, of course. The purpose of […]
How Do You Make Business Decisions?
It’s great to have a nice website, a regular sales process and glossy business cards for your small business. All of these things steer sales, and sales is the engine that drives business. You must look credible in order for a corporation to do business with you, and you must have relationships to make a sale, […]
Managing Positive Cash Flow in Your Small Business
The two most important jobs you have as a business owner is getting business and getting paid. Being a bill collector is one the toughest jobs you’ll have as an entrepreneur. But if you take control of the situation up front, you can minimize any delays with payments. The key thing to do is make […]
Smallbizlady’s Sales Advice for Start-up Businesses
Generating sales is a task that many aspiring entrepreneurs sometimes feel ill-equipped to take on, but no sales = no money. So what is a start-up entrepreneur to do? Have a detailed marketing plan and sales projections, but take on sales in your business in small chucks. I like to look at things in terms […]
Give Your Business Finances a Fighting Chance
Give Your Business Finances a Fighting Chance, by Morgan Leu Parkhurst Whether you have owned your business for years or plan to open your doors for the first time next week, there are a few things you can do to save money. The Joneses of the business world will have you believe that if a […]
Now Read This: Small Business Taxes Made Easy
I like this book Small Business Taxes Made Easy: How to Increase Your Deductions, Reduce What You Owe, and Boost Your Profits by Eva Rosenberg (@TaxMama). It is great no-nonsense tax-advice! Eva is passionate about helping small business owners pay the least business taxes legally possible, but she also provides information (however tough it may […]
Ask @SmallBizLady: How to Develop an Effective Sales Strategy
Every Friday, I answer your small business questions in a video blog segment called Ask Small Biz Lady. This week, we are taking on the question: How to develop an effective sales strategy for your small business? Here’s the answer: Know your target customer! Determine your 30-day sales goal. Determine your weekly sales goal. Determine your […]
Where to Find the Money to Start Your Small Business
One of the most common questions that I get as SmallBizLady is about start-up financing. ”Do I know where people can get a grant to start their small business?”. Now Hear This: BYOB doesn’t just stand for Become Your Own Boss! BYOB also stands for Be Your Own Bank! There are NO grants! When you […]
How to Use the Four Types of Income to Your Advantage
“The poor man’s budget is full of schemes”. — Proverb “The definition of insanity is doing the same thing over and over and expecting different results”. — Albert Einstein How are your budgeting strategies doing? As a small business owner, it can be far too easy to get stuck in a bad budget rut. […]
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