small business

How and Why a Business Plan Can Make a Difference

We have all heard that the business plan is the foundation for every business, and we may try to do one by going through the motions. But until we truly embrace the business pla

10 Myths About Employee Incentive Programs

Employee incentive programs are popular, if only because they are prolific. Though conventional wisdom tells us otherwise, many will argue that these programs are not just ineffect

When to Outsource for Your Small Business

The big bucks are made not on one person’s efforts alone, but the efforts of many. Today we will look at the inherent characteristics of outsourcing.

10 Myths Non-Business People Believe About Business

Many people have great excuses for not starting a business: I need a great idea. I don't have a business plan. Learn the truth about these myths and why they shouldn't hold you ba

How to Use Vendor-Managed Inventory Programs

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 infl

Accounts Receivable Nightmares: Collecting on Delinquent Accounts

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

Where is the Business Going? Succession Planning Points for Consideration

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 t

Life Insurance for Your Business

As a business owner, you probably already own more insurance policies than you ever imagined you would: liability, contents, vehicles, and any number of policies are often stric

Shareholder’s Agreement: What It Is and Why You Need to Review Your Own

A Shareholder’s Agreement is designed to help you and your business navigate life’s tricky twists and turns. Here are 10 common clauses to look for in your Shareholder's Agreeme

Get Business Start-up Tips from “Apprentice” Finalist Dr. Randal Pinkett

He heard Donald Trump say, “You’re Hired!” in Season 4 of the reality TV Show, and now he’s written a no-nonsense book for the startup entrepreneur. Dr. Randal Pinkett shares highl

Bulk Buying and Small Business (Our $100 GC Winner Shares the Scoop)

Awhile back we invited small business owners to share how a membership to Sam’s Club may help them save money in this tough economy. We received great feedback from many small bus

How to Find Freelance Clients: Part Two

Last time, "How to Find Freelance Clients: Part One" discussed some of the things you would need to do to prepare for freelancing. In Part Two of this article, we'll cover where t

How Your Small Business Can Survive the Recession

By most accounts, this is going to be a long recession, and we’re still on the downward slope. As a small business owner, you will be forced to make drastic moves to survive. As yo

Can't Get A Bank Loan? 8 Other Ways To Finance Your Business

Starting a business can easily become a money pit. So for those of you thinking about launching a new venture, what financing options do you have? Well, there's the possibility

Sam's Club Giving Away a Free Membership and $100 Gift Certificate to One Lucky Wise Bread Reader

The Wall Street Journal recently reported on the savings that small businesses can realize by taking advantage of warehouse deals. Are the savings significant? What can “new memb

Where Oh Where Are My Worms? Be On Your Toes When Ordering From Small Web Businesses

As Main Street small businesses disappear, it's nice that we can still order from small companies online. However, spoiled consumers take heed: Not all small companies are created

6 Small Business Pitfalls, and How to Avoid Them: PART TWO

Today, we’ll take a look at the remaining two (ultimately the most involved and arguably the most important) strategies for success in your small business.

6 Small Business Pitfalls, and How to Avoid Them: PART ONE

The world of small business is vast and rife with pitfalls. The opportunities are as great as the hazards, and no matter which way you slice it, running a small business takes a lo

Effective Networking in a One-Horse Town

Whether you freelance, run a small business, or just need some good, solid contacts for future career opportunities, networking can be the difference between being successful an

Business Succession Planning Part 2: How Life Insurance will insure the Life of Your Business

All too often, business owners will insure their property, assets, and loans. But they don't stop to consider what is most valuable in the business: people. Here are a few ways