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Small Biz Tip: Businesses to Start Now: Money Matters

Tips from February 23, 2010 The Small Business tips today discuss businesses in the financial industry to start NOW! Small Business Financial Adviser: Help businesses save money by planning, budgeting, & re-evaluating their finances.  Personal Accounting: During the rough economic situation, people are having a hard time adjusting their personal finances. Retirement Consulting/Planning: Baby boomers are preparing to retire. Help them out & give them financial advice. Tax Adviser: Tax time is quickly approaching! Ask family, friends, & community if they need assistance. Daily Overview: People have questions about their finances in this economy. Provide them with answers with your business. [Read Full Article]

Small Biz Tip: Start Up Questions: Financial Resources

The Small Business tips today discuss various forms of financial resources. Your Pocket: If you want to start a business without taking out any loans, you can use your own money. It may be costly for you personally, but the benefits from your business could prove to be a good investment. Friends & Family: Ask those who are close to you for a loan or to invest in your business. It would be a simple way to receive financial resources without going through a bank or other institutions. Business Loan: A start up business loan from the bank or a lending institution is a way to receive the funds you need from a local institution. Find out more from your financial advisor or a local bank. Small Business Association: The SBA is available to help small businesses locally. Visit the SBA website for tips and locations in your area. Daily Overview: Obtaining cash to... [Read Full Article]

Fending Off Empty Holiday Shelves

Government, Politics, and the Economy No Rebound Yet For Smallest Businesses Confidence among America’s smallest business owners fell to the lowest level since February, according to the latest Discover-Small Business Watch. BusinessWeek.comManagement and OperationsDisaster Protection: The Need for Small Business ContinuityBusinessKnowHow has reprinted the latest edition (Fall 2009) of Disaster Recovery Journal and the article “The Need for Small Business, Business Continuity” by Mark R. Lupo. Management and Operations [Read Full Article]

Small Biz Tip: Start Up Concerns: Money

Tips from November 2, 2009 The Small Business tips today discuss money concerns for start up businesses. Create a plan. Map out what you have in order to fund your business to start a savings plan. Predict your cash flow. You could consider using personal savings, remortgaging property, credit cards or personal property as an initial financial resource. An established credit history and collateral make it easier to receive a small business loan. Plan, know your finances and apply. Keep track of each penny. Balance your checkbook and be conscious of spending. Saving a few cents will add up yearly. Daily Overview: Funding a start up business is no easy process. You're best off to plan, have a history of being responsible and don't forget.. PLAN. [Read Full Article]

Break Bad Habits, Make More Money

Government, Politics, and the Economy U.S. Chain Sales up 0.1 Percent in September Chain sales increased in the United States for  the first time in 14 months, according to ICSC. ManageSmarter.comManagement and OperationsDealing With Demanding Customers We all experience it, customers who are over-demanding. Figure out how to deal with these customers and still show respect. Management and Operations [Read Full Article]

How to Ruin Your Business Reputation

Government, Politics, and the Economy U.S. Economy: Service Industries Grow for First Time in a Year Thanks to the emerging recovery in housing and factories, service industries in the United States expanded in September for the first time in a year. Bloomberg.comManagement and OperationsAnchor Your Networking with Strong Relationships Your corporate associations are important to keep your business striving during these tough economic times. Management and Operations [Read Full Article]

Tech: The Return of Risk-Taking

Government, Politics, and the EconomyTech: The Return of Risk-Taking Suddenly, there are mergers and acquisitions, IPOs, and investors galore. Will the reenergized industry lead the U.S. out of the Great Recession? BusinessWeek.comManagement and Operations33 Highly Useful Presentation Tools Use these tools for presentations to engage your audience, and get your point across using the latest technology. Management and Operations [Read Full Article]

Small Businesses' Top 5 Financial Mistakes

Small businesses have a lot on their plate when it comes to finances as it determines the state of their business.  Many small businesses have trouble managing their finances, and encounter problems without knowing it. Ironically, many of these small businesses having trouble are making the same mistakes. Learn from these top five financial mistakes small businesses make and keep your business in business.  1. Your Business Has No Financial Policies Established Since there are fewer employees who wear many different hats, policies are important for small businesses to establish rules, regulations, and procedures. It is the same for finance matters. Financial policies provide assurance that everything regarding finances is carried out in the same manner. Policies also encourage efficiency, as each employee learns the policies they are more accustomed to how to handle them.  The important policies to have for your small business include handling petty cash, an employee re... [Read Full Article]

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