Financing Short Term Assets
One problem I see all the time is businesses financing their short-term assets improperly, which greatly increases the risk to the firm and can potentially even cause it to fail. This is a serious issue, but it can be remedied by choosing an alternative financing method.
Read More Making Tough Decisions Under Pressure
We’ve all made bad decisions. Think for a minute about the crazy, life-threatening decisions you made as a 17-year-old. If you’re like me, you sometimes feel lucky to be alive.
Read More Why You Should Incorporate Now!
Many business owners think they are “too small” to incorporate. They wait until business picks up or they are ready to expand to tack on that legal structure. Here are some top reasons why you should consider incorporating now instead of waiting.
Read More The Customer Satisfaction Conundrum
The bottom line is the customer satisfaction is not as simple as it used to be. No longer are customers uniquely loyal to only one brand. Certainly, it is important to maintain customer satisfaction, but the satisfaction scores by themselves are not sufficient to ensure sustainability and growth.
Read More The Volcker Rule: Big Banks and Small Business Lending
Will the Volcker Rule end up having a significant impact on small business lending? Only time will tell. If you’re a little confused about the rule and the role it’s going to play in the small business sector, you’re not alone.
Read More How to Be a Great Leader in Just Two Steps
When you start your own business, you have leadership thrust upon you, whether you’re ready for it or not, and I’ve seen plenty of people who have never even led a team, let alone a business, completely transform in taking on that responsibility and rise to the occasion.
Read More Who Said Social Media Marketing Was Free?
Whoever said that social media (SM) marketing was free is living in La-La Land. Even if your business has “free” SM accounts, content doesn’t appear by osmosis. It takes real, live people to create it, post it, and engage with it.
Read More Is Your Small Biz Ready to Leave the Nest?
Your business is booming. Congratulations! Now you’re starting to consider moving out of your home-based office to a commercial office location. That’s a big decision and one that shouldn’t be taken lightly. Finding the right location for your small business is critical.
Read More SBC Interview: Zapier’s Wade Foster
Wade Foster is the Co-Founder and CEO of Zapier, a service connecting many of the web apps that people use. With a background in marketing, Wade has helped build the company from the ground up.
Read More 10 Mistakes Big Businesses Make with Small Business Owners
For several decades now I’ve been back and forth between working on and building my own business, helping others build theirs, helping people manage small business, and, occasionally, helping larger businesses understand and presumably sell to smaller businesses.
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