Posted September 10, 2009 - 09:00 by Nora Dunn
As an entrepreneur, you would think that precluding certain types of customers in favor of a smaller – but specialized – market would be akin to shooting yourself in the foot. But it’s not, and this article gives you a three-step process to specialize within your own business and reap the rewards.
Posted September 2, 2009 - 18:34 by Julie Rains
A well-run vendor-managed inventory (VMI) program could allow your business to speed up its cash flow by more closely matching your cash outlay for inventory with your cash inflows from sales and other income-generating activities.
Posted August 27, 2009 - 06:00 by Greg Go
We asked around 50 of the top small business bloggers to give a couple of their best quick tips for small business owners, and the response was incredible. Some are short nuggets of wisdom, others are a bit longer, but all are excellent. Here are the best bits of advice they had to offer.Posted August 19, 2009 - 18:32 by Greg Go
Working with a remote employee is a unique situation and requires special handling. Here are 9 tips for working with your virtual assistant.
Posted August 12, 2009 - 08:00 by Greg Go
A virtual assistant is an administrative employee who lives and works remotely. By hiring a remote worker, you can hire from a global talent pool, and find help with more education and work experience at a lower hourly cost. Here are 10 tips for finding and hiring a virtual assistant that's best for your business.Posted August 6, 2009 - 09:00 by Nora Dunn
How do you collect on delinquent accounts without damaging the customer relationship? How do you manage the balance between keeping a steady stream of new clients coming through the door, servicing your existing clients, and keeping the accounting books even? Issues such as cash flow management, administrative organization, and the ability to set firm payment terms will contribute to the ease – or lack thereof – of managing your business and collecting successfully on delinquent accounts.
Posted August 1, 2009 - 18:27 by Nora Dunn
When I was a practicing financial planner, I was shocked at the number of small business clients who did nothing but blink their eyes in response to my line of questions about their business succession plan. These are people who poured years of blood, sweat, and tears into their businesses, making it a corner piece in their lives. With so much invested, they had little to no thought towards how the business would evolve with them. Here are some points for consideration in developing your own business succession plan.
Posted August 1, 2009 - 18:18 by Julie Rains
Offering discounts for cash, upfront and early payment can be an integral part of a comprehensive business management strategy, not just the domain of the accounts receivable department. To find creative ways of getting paid earlier than the standard net 30, I spoke with two business owners who are taking proactive stances to cash-flow management.
Posted July 31, 2009 - 19:19 by Nora Dunn
You have some projects coming down the pipe that you need additional staff for. What do you do: offer your potential new team player an independent contract or full-time salary position?
Posted July 30, 2009 - 18:12 by Linsey Knerl
We caught up with Stacy recently to get the inside scoop on her unique success story.
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