To quote an old economics professor of mine, “the fundamental economic problem is the efficient use of scarce resources”. I tend to look at most of my business issues from this perspective – does it make sense to do this task myself? Do I have the skills needed to do it well? Or can someone […]
Are You Ready to Work From Home?
When launching a small business, you need to keep your expenses low. One great way to do this is to work from your home. There are 26 million small business in the US today and 16 million of them are solopreneurs, who in most cases are building their business dreams from their back bedroom, basement […]
Are You Ready for Holiday Shoppers?
Whether you are retailer or an internet marketer, it’s time to create a Christmas holiday strategy. If you make the bulk of your profits on black Friday, Small Business Saturday or Cyber Monday, you need to make sure that your business is ready for the holiday rush. Even if the holidays are not your peak […]
How to Qualify Potential Customers
As small business owners the one thing we all have in common is that we have limited time and limited resources. While we must all constantly be on the hunt for new customers, it is critically important to recognize who is worth chasing. Since your time is the most valuable thing you can give anyone, […]
How to Spread Holiday Cheer to Your Employees During the Season
Sponsored Post The holiday season is upon us, and while there is a rush to get as many sales rung and deals closed as possible before the New Year, don’t forget to make sure that you also spread holiday cheer to your valued employees. You can make cards for your staff, plan an open house for […]
10 Things Your Employees Need From You As A Small Business Owner
Your business can only grow as far as your hand can reach, which means you need employees. But your employees need to have a win/win relationship with you. Your employees are the engine that drives your business, but how well are you taking care of your most valuable asset? Are you focused on making sure […]
Are You Prepared for a Health Disaster in Your Small Business?
In today’s fast paced world anything can happen. Ask yourself, if you’re the leading force in your small business, could the company survive if you’re not around? While many business owners would agree that time is our most valuable asset, I’m going to suggest that your most valuable asset is really your health. If the […]
How to Develop a Sustainable Small Business
A small business may need accounting services monthly, office supplies every two weeks, and their AC/HVAC checked twice a year. Generally, how often your service is needed will drive the number of customers you will require to sustain your enterprise. Your first task is to get the word out about who you are and what […]
How to Draft an Operating Agreement for Your Small Business
Guest Article Have you ever sat down and drafted an operating agreement for your small business? Despite the fact that an operating agreement is considered one of the most important documents an LLC can keep under its belt for structuring a company, many people skip over it. Depending on where you live, it may not […]
Top 5 Tasks To Outsource in Your Small Business
What is the biggest struggle in any small business? Are you wearing too many hats? Yep, just what I thought. When you are a small business owner you immediately take on 10-14 jobs all at once, so it stands to reason that you might not do them all well. Sometimes, we all feel like “I […]