Are you struggling to stay innovative in your small business? In order to stay relevant in a noisy marketplace, the most successful startups boldly embrace a culture of innovation. They consistently roll out blockbuster ideas to stay out in front of potential, new and current customers. Small businesses with their limited resources can hit a […]
10 Ways Your Business Can Attract Corporate Sponsors
Getting funding from corporations may be a great opportunity for your small business, but you can damage your brand if you do not go about it the right way. You want to develop a prospect list of warm leads, prepare a strong proposal, and approach a sponsor, ultimately persuading them to support your cause or […]
Do You Run Your Business as if it’s For Sale?
Even if you have absolutely no plans to sell in the near or far future, you should keep your business in sale-ready shape. For one thing, running a business so attractive and competitive that someone would want to buy it is more rewarding – personally and financially – than running a business that’s in constant […]
What Business Expenses Can You Claim for Your Small Business?
Small businesses, start-ups in particular, often miss out on the substantial savings that can be made by claiming business expenses. Whether a business owner simply doesn’t know what to claim for or doesn’t want to risk handing in an incorrect return; many small businesses miss out until they seek professional accounting advice. But this needn’t […]
Business Planning: Are You Working on Your Small Business?
As small business entrepreneurs we all know the dichotomy between working in your business and working on your business. The latter often gets shuffled off to the corners of our desks because we’re really busy working with customers and doing things that keep the business operating and keep revenue coming in. You must work on […]
How to Craft a Killer Business Model
Do you have a solid business model or a glorified hobby? Your business model is how your company operates and makes money. The heart of any business is its offering, but the business model is wrapped around the product or service, completing the picture and generating revenue. Most entrepreneurs come from a skilled background. Many […]
SmallBizLady: How Do I Set Pricing?
Dear SmallBizLady, I just purchased a daycare center. Should I offer the returning customers the existing price or my higher pricing? Tomika Robertson A Giants Preschool LLC One of the great things about buying a daycare or any existing business is that you already have cash flow. If you are taking over a daycare center, […]
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, […]
What’s in YOUR Business Plan?
You’re a smart, savvy business owner. You’re making a profit – even in these tough times. But you’re looking at other business contacts around you – especially on the Internet. You see that they seem to be earning more than you do – almost effortlessly. Why is that? They have a plan, man! Yup. Folks […]