Small Business Information

Collect that Debt - Your Business Depends on it


The efficiency of debt collection is the difference between a business that will succeed and a business that closes up.If you do not have control of your debt collection then you will eventually fail.

Family Business and Conflicts


What is a Family Business? A family business is basically any business in which the majority of the ownership or control lies within a family. Involvement of members of family in a business can bring with it its own complexities because the line between the business system is sometimes separated by a thin line from the family system.

Personal Success - Take a Break from Business


Have Some Time to Yourself One of the most important things you can have when running a successful business, is to have time for yourself. Every small business owner needs to make time to be quiet.

Questions to Ask as Your Business Grows


Here are some of the questions that you need to ask yourself regarding various areas of the business before you start your growth push. Are you clear on the goals of your business? Are your managers and other staff also up to date with these goals? Does your accountant or other adviser know what you are planning? Have you developed a business plan which brings into play the whole area of growth, which includes the resources that will be required of it? Have you assessed the performance of your marketing and advertising sections and if so, are these adequate? Have you put in strategies to get repeat sales? Are you clear about your competition and what you need to do to win when you start expanding your operations? Are you confident about your current advertising plan, including whether you have identified your target market and also the methods by which you will reach that market? Have you put in place policies for your employees? Do you feel you have loyal and productive staff? Have you put in place strategies for motivating your employees? This could include a system of extra remuneration or some other way of acknowledging their efforts.

Winning in Business - Lessons from Lance Armstrong


Lance Armstrong this week won an unprecedented 7th Tour de France victory, confirming him as one of the greatest cyclists of all time. The fact that he won more Tour victories than anyone else in history is remarkable.

The Advisory Board: A Business Owners Most Valuable Resource


As a company grows, the owner's role begins to change. More and more of the owner's time is spent "in the shop or in the field" handling day-to-day operations rather than focusing on high-level planning and strategic issues.

Business Owner--Educate Thyself!


Remember the training programs, seminars, and workshops you had to attend when you were on the corporate side of the table? You were expected to complete course after course for professional development and skill enhancement. Well, where do you get your training now that you are on your own? Do you learn from your clients? Are they the best teachers? What about your competitors?Here are six ways to educate yourself and keep your professional edge: Learn from your clients.

Predicting Business Retirement Satisfaction for Business Owners


Most business owners do not think of selling their companies as "retiring". Instead, these vital entrepreneurs see selling their business as a "transition.

Success & The Nature of Things


The story is told of a tiger chasing some goats to catch one for dinner. During the chase the tiger is injured and as she is dying, gives birth to a tiger cub.

How to Write a Credit Policy for Your Business


The book, "Become the Squeaky Wheel," by New Hampshire author Michelle Dunn, says the different ways people use and extend credit makes or breaks your credit policy and bottom line, which could result in less or more sales and money for your business."Business owners all have different types of businesses but can all extend credit," explains Michelle Dunn.

Sex Up Your Business Growth


A top executive called up me late in the night. He was still awake at 3 o'clock.

Uncover Free Veins Of Gold By Prospecting Online Guru Newsletters (Part 1 of 2)


Incredible as it sounds, you have a goldmine of free business advice and resources available to you for starting an online business. Many entrepreneurs are taking advantage of the unbelievable opportunity of financial independence by starting an Internet business.

To Buy A Fat Pig


What does buying a fat pig have to do with your business? Stick with me and all will be revealed.Does your business have a tactical and a strategic way to go to market? Let's go down to Mr.

Big Successes Never Happen Overnight


Treat your business as a serious, full-time business and be serious about making it work. Put your plans on paper.

Using Holidays to Put Some Extra Cheer in Your Cash Box


No matter your age or station in life, we all look forward to holidays. They give us a reason to decorate, celebrate, and most of all, spend.

More Articles from Small Business Information:
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