Whether you’re running a new start-up or a seasoned business, raising your prices is a step every business owner or entrepreneur has to take in order to grow and be more profitable. A major pain point that comes along with having to raise your rates, as most owners can agree, is how your customers …
Strategizing Articles and Interviews (category)
The most successful business owners are always thinking ahead. If you are a new business owner, strategizing about mission statements, corporate culture and business plans are things you would be smart to address early on. More seasoned business owners can benefit from articles on everything from setting client expectations to creating a niche for your small business
Your Business is Insolvent — What Do You Do Now?
Insolvency in business can happen for several reasons, especially when there is a downturn in the economy. Poor management and fraud are also common factors. Signs that your business is losing ground can be creditors continuing to be unpaid, poor cash flow, and ongoing losses. A company becomes …
5 Professional Services In Which You Should Invest
As your small business grows into something bigger, your ability to manage everything yourself begins to dwindle. It simply becomes too difficult to keep putting on different hats at various parts of the day for 60+ hours a week. At some point you have to admit you need help. But while hiring …
Getting Out of That Timeshare Property
Whether you’re getting out of a timeshare property that you no longer want or can afford, or cancelling one that you’ve inherited from older parents, you need a water-tight plan that starts with a cancellation letter. Understand the following before your make your plan to cancel: Read the …
5 Things That Keep Most Manufacturers Up at Night
Even in the modern digital age, in which virtually every product or service seems to exist in a virtual state, the backbone of society still rests on manufacturing. Without manufacturing, we have no cars, no computers, no washers or dryers, and no machinery to build the countless other machines we …
10 Financial Questions to Ask Your Potential Business Partner
Entering a new business partnership can be as frightening as it is exhilarating —especially if it’s your first venture into entrepreneurship. As most entrepreneurs and business owners know, the creative, big-picture ideas are often where the passion lies. On the flip side, the finances can be a bit …