Small businesses need to create a persona of their ideal customer — not average, but ideal — so they have an actual living, breathing person in mind to target.
Bad customers are costing you more than you realize. Here are some types of bad customers and techniques to get rid of them (without alienating your good customers).
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.
As your business grows, you'll likely have other people paying money out. Tracking those expenses and, if need be, reimbursing them, requires a system that you can sign off on a
Starting a business with your significant other can be immensely rewarding...and incredibly trying. Here's what to know before combining your career with your better half.
Diverting proceeds from cash sales and waiving fees for a friend are less noticeable cases of employee theft. Carve out time to establish financial controls.
If you're a recent college graduate, you must do everything possible to polish up your personal life and beef up your financial profile to stay near the front of the employment
As a small business owner, you'll eventually need to seek the services of an accountant. But how do you find one who's is a good match for your business?
You've figured out how to get your business started and you've figured out how to keep it a going concern. But have you figured out how you're going to get out of it?
If your business has been growing but you've been reluctant to take on a new employee because of economic uncertainty, maybe recently enacted tax incentives will convince you to
From hiring your children to work in your business to careful end-of-life planning, you can help reduce the taxes that you (or your children) will owe.
Wise Bread articles that are hot today.
Maroon 5 & Alicia Keys Concert Tickets Giveaway!
Lucky Wise Bread readers will win tickets to an intimate, exclusive concert or a $50 Amazon gift certificate.
10 Massive Companies That Crashed in 2010
Every massive organization that sank in 2010 started as a small business. Pay attention to avoid making the same mistakes with your company.
How to Focus on Your Ideal Customer
Small businesses need to create a persona of their ideal customer — not average, but ideal — so they have an actual living, breathing person in mind to target.
Can Low Prices Hurt Your Business?
For many small businesses, competing on price can do more harm than good.
Get Rid of Bad Customers
Bad customers are costing you more than you realize. Here are some types of bad customers and techniques to get rid of them (without alienating your good customers).
How to Create an Armageddon-Proof Computer Backup System
Forgive me if I repeat myself, but when it comes to insuring that your business's important files are safe, redundancy is key.
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.
Efficient Expense Reports: Building a System
As your business grows, you'll likely have other people paying money out. Tracking those expenses and, if need be, reimbursing them, requires a system that you can sign off on a
Working with a Spouse: What Small Business Owners Need to Know
Starting a business with your significant other can be immensely rewarding...and incredibly trying. Here's what to know before combining your career with your better half.
Office Space: Should You Buy or Lease?
Renting and leasing can each provide different benefits for your growing business. Learn how to figure out which one is right for you.
Financial Controls to Protect Your Money from Fraud and Theft
Diverting proceeds from cash sales and waiving fees for a friend are less noticeable cases of employee theft. Carve out time to establish financial controls.
4 Smooth Moves for Graduates
If you're a recent college graduate, you must do everything possible to polish up your personal life and beef up your financial profile to stay near the front of the employment
Outsourcing Payroll: The Ins and Outs
Outsourcing your payroll to a company that can handle it for a fee can make sense and even save your business money on administrative costs.
7 Ways to Self-Promote without Selling Out
You can't afford to wait for clients and customers to notice you. But you can't afford to alienate them with questionable pitches, either.
Accountant 101: Finding the Right Match
As a small business owner, you'll eventually need to seek the services of an accountant. But how do you find one who's is a good match for your business?
Vested Capital: What It Is, Why You Want It, and How to Get It
It's what some aspiring entrepreneurs would die to have in their possession. Vested capital gives you the utmost in negotiating power.
Secrets of Successful Succession Planning
You've figured out how to get your business started and you've figured out how to keep it a going concern. But have you figured out how you're going to get out of it?
The HIRE Act: Incentives for Hiring Now
If your business has been growing but you've been reluctant to take on a new employee because of economic uncertainty, maybe recently enacted tax incentives will convince you to
Life and Death: The Related Taxes, and How It Affects Your Family
From hiring your children to work in your business to careful end-of-life planning, you can help reduce the taxes that you (or your children) will owe.
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