Setting up global sourcing processes can be a herculean task, even for major corporations with deep working-capital and knowledge-base pockets. Here is what you need to know.
Monitoring cash balances is essential and withholding payments until the last moment may be necessary, but be careful: being slow to pay may alienate you from vendors.
Short of "payment in advance" terms, the only way to protect yourself from slow paying leeches and outright deadbeats is to have a good credit management process in place.
Internet and social media marketing have been a boon for small business. But that doesn't mean old fashioned people to people marketing can become an after thought.
Appearing on reality television might be one of the biggest breaks you can get for your small business. Here's what to know, and how to make it happen.
Wise Bread articles that are hot today.
3 Obvious Sales Strategies You May Be Neglecting
Whether you run a hair salon or high tech startup, these tips should help you improve your sales.
Join Our Tweetchat on Thu 11/24, 12pm Pacific for a Chance to Win Prizes
Topic: Thanksgiving and Black Friday. Join our conversation for chance to win Amazon gift certificates! Use #WBChat to participate!
Join Our Tweetchat on Thu 2/23, 12pm Pacific for a Chance to Win Prizes
Topic: Frugal Living. Join our conversation for chance to win Amazon gift certificates! Use #WBChat to participate!
Ask the Readers: What Was Your First Job?
Tell us about your first job and we'll enter you in a drawing to win a $20 Amazon Gift Card!
8 Ways Telework Can Save You $20,000 a Year
Everyone touts the work life benefits and savings of telework for employees, but why should business owners want their people working at home?
Global Sourcing Basics
Setting up global sourcing processes can be a herculean task, even for major corporations with deep working-capital and knowledge-base pockets. Here is what you need to know.
20 Percent Time: Offering Your Employees Autonomy
Giving your employees a little autonomy at work can have beneficial results for your business and keep employees' morale up.
Ways to Make Better Use of Your CRM Tools
If you spend a little more time properly maintaining your customer relationship management tools, you can generate a lot more business.
Use Value-Added Sales to Boost Your Profit Margin
Your margins are under attack. Defend them!
7 Effective Tools for Managing a Virtual Team
Managing a virtual team can get complicated, fast. Here's how to keep it simple.
Join Our Tweetchat on Thursday 2/25, 12pm PST for a Chance to Win $100 in Prizes!
Topic: Automatic Savings! Join our conversation with America Saves for chance to win Amazon gift cards! Use #WBChat and #ASW2016 to participate!
How to Preserve Critical Vendor Relationships
Monitoring cash balances is essential and withholding payments until the last moment may be necessary, but be careful: being slow to pay may alienate you from vendors.
Crowding Out Bad Debt
Short of "payment in advance" terms, the only way to protect yourself from slow paying leeches and outright deadbeats is to have a good credit management process in place.
Financial Statement Analysis: Recognizing Debt Overload
Business owners can avoid "delayed realization" by recognizing unwieldy debt structures, which could destroy their companies.
Best Money Tips: Inexpensive Family Outings
Today we found some great articles on inexpensive family outings, how to negotiate fees and save on expenses, and Netflix alternatives.
Creating Business Contracts That Won't Get You Sued
To ensure your business is truly protected by the contracts you use, you need to create contacts that are specific to how your company does business.
Lies, Damned Lies, and Multi-Level Marketing
Statistics show that Mary Kay, Amway, and other multi-level marketing plans are scams. That is, if you believe statistics.
Why Offline Marketing Still Matters
Internet and social media marketing have been a boon for small business. But that doesn't mean old fashioned people to people marketing can become an after thought.
Cell Phones as Tax-Free Fringe Benefits
Due to changes in tax law, employers can now offer employees cell phones as a tax free benefit.
5 Small Businesses That Made It Big With The Help Of Reality Shows
Appearing on reality television might be one of the biggest breaks you can get for your small business. Here's what to know, and how to make it happen.