Strategizing

Small Business Strategy and Planning

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

How the E-Commerce Boom Transformed Retail Logistics: An Infographic

With the recent boom in e-commerce, and projections showing that online sales will only continue to increase, online retailers are having to make some decisions about how to best handle logistics. The infograpic below, created by Robert Memory, Operations Manager at 2Flow, shows what distribution network infrastructures look like around the world, in both developed and … [Read more...]

Steps for Launching a Home-based Baking Business

Does this scenario sound familiar? It is a birthday party or a holiday celebration. You bring out your special cake or cookies and everyone begins raving. “These are so good. You should open your own bakery,” everyone coos as they sneak seconds. It’s true that many successful bakeries started out in home kitchens. Martha Stewart and Debbi Fields are two well-known examples. … [Read more...]

How to Identify B2B Scams

By now, most of us are more than aware of some of the more common personal scams. For instance, there is the person who sends an email from Nigeria claiming to need funds in order to send you your lottery winnings, even though you didn’t enter one. Or the long lost family member who you didn’t know you had (and really don’t), but somehow he or she left you a fortune and all you … [Read more...]

You Can Do More Than Hope it Never Happens to You: Tips for Preventing Employee Fraud

As a small business owner, you may think you are impervious to employee fraud. The carefully developed culture of many small businesses is one of “family.” You don’t steal from your family, do you? Unfortunately, employee theft is a very real problem for small businesses. The Association of Certified Fraud Examiners (ACFE) reveals that small businesses (those with 100 or … [Read more...]

5 Positive Ways to Respond to a Negative Business Review

Just the other day, my husband and I were checking out some new places in our area to eat. Since we just moved here a few months ago, we weren’t quite sure which restaurants would be able to turn us into lifelong customers and which ones would be the subject of a horror story we couldn’t wait to share with people back home. So, we did what millions of others do, we went online … [Read more...]

Do You Have an Exit Strategy?: An Interview with Dr. Pamela Dennis

According to Dr. Pamela Dennis, most business owners wait too long to start thinking about, and planning for, the sale of their businesses. In this interview, Dean Rotbart of Monday Morning Radio talks with Dr. Dennis about how she advises business owners who are seeking to develop exit strategies for leaving their businesses, and also how she helps them prepare for life after … [Read more...]

10 Tips for Keeping Your Small Business New Year’s Resolutions

Although the top three New Year’s resolutions for 2015 were to become stress free, lose weight, and quit smoking, if you’re anything like me, your goals are more business related. No doubt you strive to be your best personally, but most entrepreneurs I know are more focused on their career, thus that’s where their priorities for the New Year tend to lie. That being said, one … [Read more...]