 Category :: Small Business Articles |
Author :: Kelvyn Peters  |
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| Article Title :: Business Failure, The 8 Traps Causing Failure And The One Attribute Which Ensures Business Survival |
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| It is estimated that 78% of all small business start-ups fail within the first twelve months years, and long-term survival is likely for only 22% of all new business start-ups.At the same time huge corporations with seemly vibrant trade suddenly close their doors.Why is this so?An analysis of the reasons for business failure suggests that over 60% of all business failure is due to poor management practices.The one attribute which must exist in every firm
The only rule to survival is that money in must be greater than money out. We often forget this. Too many entrepreneurs think that extra cash will solve almost every problem. Good management - not (read full article) |
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| Category :: Small Business Articles |
Author :: Kelvyn Peters |
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| Article Title :: Small Business - Is The Accounting Profession Ripping Them Off? |
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| My 16 year-old daughter said, “Gee Dad! You look just like an accountant”
And she wasn’t being complimentary.
Accountants are perceived to be boring, stodgy and conservative.
Over the years we’ve been the butt of many jokes. I’ve heard them all.
Why did the accountant cross the road? Because he looked up the file and that’s what they did last year! Ha Ha!
What do accountants use as a contraceptive? Their personality! Ha Ha!”
Why do accountants become accountants? They don’t have the charisma to be undertakers! Ha Ha!
What do they call an accountant at the bottom of the sea? A bloody good start! Ha Ha (read full article) |
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| Category :: Small Business Articles |
Author :: Gordon Goh |
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| Article Title :: Building A Business That Works For You |
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| Before you want to build your business, you need to know why you are in this business.Many of us entered business as a technician. You know the technical nature of this business; you do it everyday; over and over again. The question is: How can you do this technical work with the highest level of efficiency and effectiveness so that you'll have a great business?Some of you entered the business as the manager. You plan, you quantify, and you implement it with and through others. The question is: How can you do management work that will get your team to work for as though they're running their own business?Some of you entered the busi (read full article) |
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| Category :: Small Business Articles |
Author :: Charles Wheeler |
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| Article Title :: But This Is Just My Opinion |
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| Hi, Charles...here, Your Cap and t-shirt guy From Texas. How are you doing today.I have been doing that for the last 18 years. Taking care the needs of my customers and becoming Con fondant and friend.Now I want to be your friend and take care of you.But first I want to tell you a story.I want to tell you a story about a customer of mine.Keith lives in Florida he has been a customer of mine for 6 or 7 years. He always get's tshirts for his crew, and has them printed with one print just small over the pocket. I always ask let me print them big on back because you will get more exposure, but he always say's no.On his last order he bought hats. I (read full article) |
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| Category :: Small Business Articles |
Author :: George Torok |
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| Article Title :: Keeping your Business Alive |
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| As long as you eat and breathe you will stay alive. But is that really living? In a crisis that may be enough. If your business is in crisis - deal with it. But the secret to keeping your business alive is growth.That is the litmus test of keeping your business alive. Look at nature. Everything that is alive continues to grow. Growing your business is the best way of keeping it alive in the long term. How do you continue to grow your business? Feed it, nurture it, invest in it and treat the business as a journey - not a destination. On your journey you must keep one eye immediately on the road in front of you and the other on the horizon.Invest in your business success with (read full article) |
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| Category :: Small Business Articles |
Author :: Kelvyn Peters |
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| Article Title :: Small Business Owners - Form a Relationship with Your Bank Manager |
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| It’s just like a marriageTo expect a bank manager or officer to play such close attention to your account that he (or she) knows when you intend to deposit money and to know when to hold back a cheque is a hopeless dream.He has neither the time nor the resources, and you can complain until your blue in the face but, in the end, you have the sole responsibility to manage your bank account.All small business owners have a relationship with their bank and like a marriage, the relationship can be harmonious or stormy or somewhere in between. You have to work at having a harmonious and happy marriage. You have to take into account the feelings and wishes of your p (read full article) |
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| Category :: Small Business Articles |
Author :: Sonia Colon |
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| Article Title :: Get In Touch With Your Competition! |
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| We all know that competition is an ugly word but competitors are a fact of life in business. If your business can't compete with other businesses, don't start it. You have to have some type of an edge.You may have an excellent product or service, but if everyone else is selling a product or service similar to yours, just how much of the market can you expect to capture?You will have to learn everything there is to know about your competition and understand their marketing strategies.The best way to research your competition is to locate those you consider the largest threat to your potential business. Take the time to make a note of and acquire a feel for how your com (read full article) |
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| Category :: Small Business Articles |
Author :: Sonia Colon |
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| Article Title :: Six Essential Skills to Business Success! |
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| The following are six essential skills to business success. You may not have developed all of these skills, but like most things in life, you can by learning, practicing and determination. Implement these skills and you'll be on the right track.1. Personal SkillsA healthy self esteem is necessary for you to tackle the day to day tasks of business. As an entrepreneur, you will spend a great deal of time working solo. Listen to your heart but consult your head before making final business decisions. Keep motivated by staying on track of plans and organization.2. Communication SkillsYou must sharpen your communication skills if they have become a little rusty. You (read full article) |
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| Category :: Small Business Articles |
Author :: Sonia Colon |
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| Article Title :: Is Your Business Legally Prepared? |
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| It is imperative to have your business legally prepared. How you ask? You need to have a business license, a home occupation license, if running your business from home, a city or county license, (depending on what State you live) plus you need to register your business as fictious if you are not using your name as a business. For instance, If John Doe has a business
name as John Doe's Grooming Parlor, a fictious name isn't necessary.When opening a business in your residence, additional information is required. Some businesses require more than a city license to be fully licensed. Please check with your local city & state office for detailed information.While it is my unders (read full article) |
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| Category :: Small Business Articles |
Author :: Matt Clarkson |
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| Article Title :: How Do I Choose The Right Business Opportunity For Me? |
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| First you have to start with knowing your budget and how much you can afford to spend on a business opportunity. There are ways of starting a business opportunity online for as little as $50 as an affiliate; this figure goes all the way up to $1 Million dollars with a McDonalds restaurant.You need to look at all the things you’re interested in and see if they have a market potential to turn into a business opportunity.Then you have to look at the style of personality you have, some people like selling face to face, some people don’t like talking to people at all! But one important thing to keep in mind is that to have a business then there has to be some form of transact (read full article) |
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