Scott Allen's blog

Spending Wisely: What to Do When Profits Soar

As the economy rebounds, more and more businesses are going to start seeing profits. When you're in that position, how can you best put that money to good use?

Is Your Business Ready for “The New Normal”?

In the economy of "The New Normal" what are the threats, and how do they become an opportunity for your business?

Passive Income for Every Entrepreneur

Passive income is maximizing your income with a minimal amount of effort by yourself or your employees. Here are five ways passive income can be incorporated into your business.

How to Think Like a Bootstrapper

Good management practices are far more important to your success than big piles of cash are. Here are a dozen tips to help you start and grow your business with little or no money.

High-ROI Networking

Networking is one of the most cost-effective forms of marketing, but there is a potential dark side: It can become a huge time drain without producing proportionate results.

Factors to Consider in Your Pricing Strategy

The price of your product is an essential part of your marketing strategy. Here are some of the strategic factors you need to consider regarding your pricing.

The Real ROI of Social Media

The value of social media lies mostly in the daily process of helping every employee do their job more efficiently and effectively.

Expected Value: How to Play the Odds and Come Out Ahead

By understanding the expected value concept, and making realistic assessments of your odds of success, you can make better decisions about how to allocate limited resources.

Self Directed IRA + LLC = Checkbook IRA

Growing your business may be your best retirement plan, but it's also important to set aside some personal retirement savings separate from the business. Doing so correctly can

The High Cost of Employee Turnover

No matter how great your company is, it's likely that some of your employees will eventually move on to other opportunities. That may be costing you more than you realize.