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If you’re thinking of starting a new business, you might assume that the path to entrepreneurial success means that you need to come up with a glamorous idea that stands out from the others. However, the reality is that people...
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Virtually all small businesses will be in need of funding at various points during their life cycles. That makes it important that as a business owner, you understand the different types of financing available to you, and that you research...
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It’s rare to find an American adult who has no debt whatsoever. Between credit cards, student loans, car loans, and mortgages, most people owe money to someone. If you have personal debt, you may wonder if you should attempt to...
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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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