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As a small business owner, you have many things to do and lots of “hats” to wear. You’re probably already working very hard to accomplish the important goals you envision for your business. So, let’s talk about some principles and...
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You don’t necessarily need to have a ton of money to start a business, but what you do need is a plan. You can’t expect to jump into the business world and simply expect customers will flock to you and...
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If you’re considering opening a new business, one of the first things you’re going to need to do is have a business plan. Having a well laid out business plan can make the difference between obtaining the capital you need...
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Managing expenses for your business helps you maintain good profit margins. When employees make purchases, it can eat into your bottom line because they may not have the same attention to the details that you have. Managing employee purchasing and...
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Opening a business bank account will help ensure that personal and business funds are not co-mingled, and make running your business simpler—provided you set up your account properly. Be sure to avoid the following business bank account pitfalls:   Failing...
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Most businesses have a sales plan which they use to establish their sales objectives and to formulate strategies which will be required in order to achieve those objectives. The major components which should be included in your company sales plan...
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Banks tend to use strict lending criteria on loan applications. This leads many business owners to wonder if there are easier options for business financing. One of the ways that businesses may fund a company is to use credit card...
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Small businesses often have difficulties with cash flow. This becomes particularly problematic when you receive orders from clients but lack the finances to fill them. Purchase order funding enables you to accept the orders, obtain the supplies you need, and...
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It can be a little intimidating when you’re suddenly thrust into the role of management, without having had any previous experience. However, there are some qualities you can bring to management which will serve you well, and which will help...
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No small business can thrive without good direction from the top. If you’re looking to boost your leadership skills to keep your company on the right path, keep reading for several tips on being a good leader. Be a Planner...
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