Small Business Articles For Entrepreneurs & Small Business Owners

7 Reasons Why Your Small Business Needs Accounting Software

It’s not unusual for small businesses to encounter certain challenges with respect to financial record-keeping. Many entrepreneurs, regardless of the present-day solutions for modern business operations, rely on conventional books and simple computerized recording systems to be able to keep track of their expenses, returns, profits, revenues and other information related to their money in [...]

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How Banks and Lenders Decide Whether to Finance a Small Business Loan

As the economy slowly regains a boost with signs of recovery analysts are seeing, the lending market has become a little more welcoming to small business owners. An increasing number of start-ups and small scale entrepreneurs are reportedly turning to banks, lenders and financing institutions to kick-start their business or get the enterprise all set [...]

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2 Practical Steps for Picking the Right Investors

Venture capitalists can be intimidating, especially for a person, a group of persons or an organization that is jumping in the business bandwagon for the very first time. Attracting venture capital is in itself a humungous task given the lengthy process associated with it, not to mention the stringent measures that VCs expect startups and [...]

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Doctor Vs Dentists

Yesterday I had an 8.45am appointment with the Dentist. Definitely not my favorite place to go and definitely not at that time in the morning. My husband and I arrived for our check-ups promptly and at 8.45am exactly I was shown into the chair. After a quick look around and an announcement that everything was [...]

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Concentrate on Results … Not on delivery

I came across a very interesting formula the other day, which was shared by a sales guru based in the US called Lisa Sasevich. She was talking about the fact that when many of us talk about what we can do for customers, we concentrate on how we can deliver the product or service and [...]

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Do You Know Your Why?

When people used to ask me why I wanted to achieve a particular goal in my business or get to a certain turnover, I never used to be able to answer them and I always came away from that interaction thinking the same thing: Why do you want to know my why? After all, I [...]

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Top 10 Lessons Business Owners Learn After College

Learning is an integral part of human existence and going to school embodies the formality of it all. We aim for higher education to enrich our knowledge faculties and complete this educational phase with flying colors. Little do we know the real world out there is about to give us bigger and brighter lessons that [...]

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12 Questions to Ask Yourself Before You Buy a Business

Going into business has so many advantages over being employed. It is challenging, that’s no doubt, but the benefits are worth every challenge. You experience financial freedom like never before, you become your own boss and most importantly, your life becomes one of learning and experiencing new things every day. You may decide to start [...]

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How White Collar Crimes Can Affect Your Company Finances

The cost of running a business has dramatically increased over the years. One primary cause is white-collar crime. Non-violent crimes that involve cheating customers and stealing from companies cost businesses billions of dollars each year. These crimes range from computer hacking and insurance fraud to embezzlement. Perpetrators of white-collar crimes, if found, are arrested on [...]

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How Much is My Blog Worth?

How Much is Your Blog Worth? Here are three key metrics that help website buyers determine the value of a blog. The value a blogger may put on their site is not necessarily the same value a buyer will put on the site. As bloggers, we tend to believe we have a more valuable asset [...]

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How Businesses Can Take Advantage of Cloud Computing

Cloud computing has successfully changed the way businesses are run today. It has drastically reduced the overall cost of running a business (for those that know how to take advantage of it though). This article will be taking a look at how businesses that are yet to tap into this revolution, can take advantage of [...]

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Want To Grow Your Business? Loans Versus Investments

If you’re looking to grow your business, you have a few different options that you can consider. Getting financing is going to be critical to your ability to spread your wings and gain more of the business share, but doing so is not always as straightforward as it may seem. What is the best way [...]

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How to Pick the Right Franchise for You

People with the entrepreneurial spirit may find franchise ownership the right fit for their abilities and lifestyle. American Express Open Forum lists some introspection questions a would-be franchisee should ask before investing his or her money into a franchise business.  Does the business match my interest and skills?  Will I enjoy running the business?  Does [...]

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Tips on Using Freemium Apps for Your Business

Lauren Hockenson understands the limited budget of a startup business. She recommends maximizing free resources such as app suites through some tips published at Mashable.com. She advises, “Before you start app shopping, focus on what your goals are for the particular service you’re considering, then find the free plan to fit your needs.” She adds, [...]

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Using Lower Level Business Valuations Effectively

Under the Statement of Standards for Valuation Services (SSVS) published by the American Institute of Certified Public Accountants (AICPA) there are two types of valuation engagements – calculation and valuation. Certified Public Accountants (CPA’s) who are members of the American Institute of Certified Public Accountants and are engaged to estimate the value of a business [...]

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Small Business Bankruptcies Are Declining

A new Equifax’s Small Business Bankruptcy Report reveal that small business bankruptcies are down the second quarter of 2012 by 17% more  compared to the first quarter.  This is the fourth quarter in a row that showed decreasing small business bankruptcies.  Equifax’s chief economist, Amy Crews Cutts told Courtney Rubin of the American Express Open [...]

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Small Business News: Does Obama Know How To Create Jobs?

Fox Business released the video and transcript of IFA President Steve Caldeira’s interview criticizing U.S. President Barack Obama’s tax policies.  Caldeira laments the president’s “legendary” neglect of the job problem in the nation.  He does not buy the president’s argument that he’s been too busy to meet the Jobs council.  He says the president just [...]

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Advice to Small Business Owners: Learn, Improve, Prepare

Rhonda Abrams in an article on USAToday.com compares Olympic athletes with small business owners – how running a business is like competing in a game.  She says that you do not have to be the number one company to run a profitable business, create a product, enjoy your work and provide jobs.  She says it [...]

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How To Run Family Businesses

Working with family may be a necessary move for most small businesses.  It could also be very challenging especially when non-family employees resent their favored status.  How then should you deal with family members in a business?  The Globe and Mail quotes Peter Jaskiewicz, who teaches a course on advising family enterprise at the University [...]

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Which Small Towns are Best for Business?

The advances in technology have made it possible for small business owners to live outside of big cities.  People can now work anywhere and anytime because of the Internet.  “Boomtown, USA” author, Jack Shultz, gave OpenForum.com his take on the best small towns for business.  His choices have populations of less than 100,000.  Among these towns [...]

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