The thing that makes many small business owners worry the most is failing within the first few months of operation. When that happens, the owners are usually left wondering how they could have made more money and attracted more customers - and why ...
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7 Questions That Customers Are Rarely Asked Anymore
It's hard for me to believe, but I turned 58 years old this year.
I know, I don't look a day over 70.
When I was a young boy, I thought people in their fifties were ancient. Perhaps they are; but I don't feel ancient. In fact, with only a few minor ...
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Business 101: What Does ‘LLC’ Mean and Why Is It Important?
The inclusion of the letters "LLC" in the name of a company is a public declaration that the company is a type of corporation operating as a legal entity, separated from its owners. Because of this critically important separation, the company's ...
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6 Ways Procrastinating Hurts Your Finances
Lots of people live by the procrastinator's creed: Why do today what you can put off until tomorrow?
You might even be one of them.
But while this practice seems innocuous enough, it's actually costing you an embarrassing amount of money. Here ...
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The 16 Best Closing Lines for Business Emails
Sure, first impressions are impactful on people. They can be catchy, charming, and luring. But as time goes on, people tend to move away from them to something more real. And this type of real only comes through recurrent experiences - from recurrent ...
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Determining Fair Market Value: What Is That Business Worth?
Whether you're planning to buy or sell a business, the starting point is to determine the fair market value (FMV). FMV is always a range, never a specific number.
Obstacles to a buyer and seller agreeing on value are numerous; owners generally ...
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How To Turn Your Side Hustle into A Full-Time Business
Not everybody is suited to having a 9-to-5 job - many people dream about quitting their day jobs to pursue their passions. In fact, only a few dare to follow their hearts and even then, we tend to pursue our interests as a side hustle while keeping ...
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4 Business Tips on Opening a Company in the Digital Age
Opening a company has always been a challenging task to tackle, but digital technology took everything to an entirely new level. Having a great vision and promising business model just won't cut it anymore. With the fast-paced changes happening ...
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Individual & Business Sales Made Easy With Classified Advertisements
When you're in need to sell something, you can either go to a dealer or some other known entity, or you can place a classified advertisement. There are various modes of posting classified ads nowadays, including the print media and the digital media. ...
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100 Words On: Why You Don’t Need an MBA to Manage Your Finances
Never assume that just because a person holds an MBA, he knows how to run a business; the road is littered with MBA-sporting CEOs who ignominiously drove their companies into the ground. Conversely, there are just as many CEOs -- guys like ...
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The Top 5 Technology Considerations for Businesses
Businesses of all kinds have been incorporating a greater amount of technology into their everyday activities. Not only are businesses today responsible for building and maintaining a strong online presence but they are working with new technologies ...
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Tip Inflation: We’ve Got Nobody to Blame But Ourselves
In the US, tipping is as American as apple pie.
As a kid I remember going to restaurants with my folks and figuring out the tip for Dad. And he obliged me almost every time simply because he knew I loved to do that sort of thing. His rule was 10% ...
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Here Are 3 Killer Gamification Marketing Strategies in Action
In the old media world, customers rarely interacted with a company's marketing campaigns. Radio commercials, TV, print media, and billboard advertising may have featured a call to action or phone number, but they rarely demanded active participation. ...
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Exploring Ways to Support Dental Patients’ Health and Financial Needs
Whether you're a dental professional or a patient, you can't argue the fact that proper dental care is a necessity.
Unfortunately, dental services aren't always affordable for those with lower incomes. Medical Group Management Association data has ...
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100 Words On: Why Personal Responsibility Is the Key to Success
Nothing is easier in life than to blame the other guy when we encounter problems. That's because it takes real courage and integrity to look inward and take responsibility for all of the troubles that are a direct result of our own making. When we ...
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How to Raise Capital for Starting Your Business
Every business has a story and inevitable challenges that they had to face when they began their journey. However, businesses that face hardship are often the ones that succeed.
While talent, skill, and intellectual abilities are crucial to ...
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8 Ways to Make Your Company Environmentally Friendly
You, as a business owner, have more power than you may realize to make a change in the environment. These days, there are countless services and products to choose from to help your business. If you want to stand out, you'd do best to choose the ...
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The Top 6 Businesses You Can Start with Low Investment Capital
Whenever we hear about the idea of starting a small business, the thought that usually comes to our mind is to invest a sufficient or high amount of money for kickstarting any lucrative venture one could imagine. However, high investment capital is ...
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Trucking 101: 9 Tips to Reduce Detention Time
If you're a trucker, one of the most frustrating things that can happen while you're on the road is getting your truck detained while you're loading. It can be even more frustrating when you feel like there's nothing you can do to stop the ...
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100 Words On: Why the US Postal Service Should Take Saturdays Off
Until 1912, the United States Postal Service delivered mail on Sundays -- and prior to 1950, the mailman came twice a day. Now, with the USPS expected to suffer a $160 billion deficit over the next decade, maybe Saturday delivery is on the verge of ...
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