Businesses

How-To Guides

    Pick “Marketable” over “Glamorous”

    Often young job seekers decide to pursue “glamorous” jobs in fields like entertainment, TV broadcasting, high-level PR, and more. Sure, you might get a break, but the odds are most definitely against you.
     

    What is My Business Worth?

    What is my business worth? It's a question I've asked myself hundreds of times over my 40-year-long ownership career. And valuing your business, as an exercise, is a great thing to do from time to time — it gets you thinking and dreaming, which is not a bad thing. But it wasn't until I started buying, expanding, and selling my own businesses that I really got a feel for what valuing a business means.

    ROI Calculations Provide Value to Businesses

    As the economy continues to tread water and remain stagnant with moderate consumer spending, many companies begin cost-cutting measures. Spending cuts always seem to begin with marketing expenditures. Small business owners are being forced to only use operating expenditures that produce quantifiable results and directly influence growth. The ability to accurately determine the return on investment (ROI) for a given initiative has become increasingly important in order to be able to provide value to businesses.

    Are You Prepared to Leave the Business You Built?

    More and more small business owners are selling their companies, with sales hitting a four-year high earlier last year in the United States, and Canada predicting its largest small business turnover ever in the next five years. Small business owners need to start planning years before they might, potentially, be ready to sell or hand off their businesses.

    Breathe Life into Your Business

    Embrace Seven Facts of Business Life that Affect Us as Entrepreneurs

    There are other important facts about business ownership — facts that could help you avoid the mistakes and pitfalls that trip up so many others, and go on to achieve the success you’ve dreamed of. I call these the Facts of Business Life — seven essential concepts needed to create a successful business life.

    10 Resolutions for Small Businesses

    Maybe you need a little help looking at what you should be concentrating on for your business in 2014. Well look no further. We’ve got your back with 10 helpful resolutions that every business should keep in mind for this year.

    5 Resolutions for Your Business

    Business owners and entrepreneurs should consider these resolutions to make 2013 the most positively transformative year:

    Pipeline Businesses to Increased Home-Based Profits

    Make a Fantastic Profit and Garner More Market Share

    Is your business a "bucket brigade" or a "pipeline to profits"? A bucket brigade is a business that spends too much time in fighting fires and crisis management. A bucket brigade usually has a backlog of work, and customers complain about how long it takes to get what they need. Does this sound like your organization?

     

    How to Start Your Own Online Used Book Store

    A Fun, Profitable, and Low-Risk Home Business

    Running your own home book store is fun and profitable, and it is an ideal choice for many people who want to start a low-risk home business. You can start part-time, avoiding the high cost of storefront rent, yet at the same time you can sell used books, music CDs, and educational videos to anyone, anywhere across the country or around the world if you choose.
     

    Selling to the Government

    See How You Can Do it Without Becoming a Marketing Whiz or Sales Guru

    By Sonya Carmichael Jones

    Doing business with the government is not as tough as it may seem. Surprised? Given the government’s enormous size and complexity, it’s understandable that you would be. But here’s something critical for you to be aware of: The government buys virtually everything imaginable, from thumbtacks to construction for new buildings. In fact, the Small Business Administration (SBA) will tell you that the U.S. government is the world’s largest customer and purchases nearly 200 billion goods and services each year.

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