Dawn Fotopulos

Dawn Fotopulos is the founder of BestSmallBizHelp.com, a site dedicated to helping struggling solopreneurs. The site is home to an array of valuable tools for small business owners that will guide you through all the steps necessary to develop a successful small business. Dawn also serves as Associate Professor of Business at The King’s College in NY. She’s a frequent commentator at MSNBC’s “Your Business,” the NY Times Small Business Summit, the Kaufmann Foundation’s Fast Track Program, and Forbes.

Latest

Why Most Small Businesses Lose 80% of Potential Sales

If you’re not following up with sales prospects already in your network at least five to twelve times, your revenues are 20% of what they could be.

Plan for Growth, or Die

Small business owners need to know what their personal and professional goals are five years from now. Only then can you begin to execute the plan to leverage your time and your talent to grow your small business. Start now. Don’t wait.

Should #Minwage be $100 Per Hour?

If you look at the trending tweets on twitter about #minwage, you can actually see minimum wage inflation just by reading the tweets. These are very compelling memes if they were true, but there’s more to the story.

Revenues and Profits Are Not the Same

You can’t assume an increase in revenues leads to increased profits. Sometimes an increase in revenues has no effect or a negative effect on profits.

Cash Flow Management Tips

Did you know that you could be showing a profit and still be going bankrupt? It’s true. The definition of bankruptcy is running out of cash. Why are profits and cash flow often very different at a point in time? Here are five common reasons and what you can do about them.

Small Business Tips: When to Buy a Food Truck

In 2006, the real estate market in south Florida collapsed. Two brothers who were developers building houses on spec saw their business turn upside down as a result. They did what any Italian true-to-his roots would do; they bought a pizza truck.

Minimum Wage of $10 is Maximum Headache for Small Businesses

Raising the minimum wage to $10 or more per hour puts a tremendous burden on small businesses. They’re already hurting from decreased revenues as households reduce spending due to high unemployment.

Small Biz Check Up

It’s the first week of April. How are your financials doing? It’s time for a small biz check up. By now, all your financials on the first quarter of 2014 should be available to you.

4 Bookkeeping Tips for Small Businesses

If you know what’s happening to the cash flow in your company, you can make decisions that will improve profits and cash flow long term. Here are three easy small business bookkeeping tips that will save your sanity and help you get started.

How to Outline Your Business Plan

A business plan outline is designed to take the stress out of writing your plan. Yes, every small business should have a plan. If you don’t, it’s like trying to drive to an unknown destination without a road map. It’s highly unlikely you’ll get there in one piece.