Business Advice

Seventy percent of small businesses go broke before their 10th anniversary, reports CNNMoney. Why? According to the article, because many owners are delusional about their financials. Entrepreneurs tend to be so obsessed with the parts of their business that they love, that they completely ignore the fiscal side of running a biz. The cure? Become your own CFO. Assigning the ...

As much as people look forward to changing seasons, there are some who dread those times of year. Spring and fall mean not only a change in weather and pretty scenery but also overflowing mailboxes and overloaded trash cans. Disdain stems from the onslaught of catalogs that accompany any new season.But do we, as customers, consider the effort put into ...

In times of slower sales, it’s time to take a thorough and significant look at every aspect of your business. Yes, peer into every nook and cranny of each and every one of your business practices. Discover ways to become more efficient, more effective and even more progressive.So what types of “practices” should be analyzed? Below is just a short ...

Think it’s not financially viable to participate in trade shows in these economic times? You’re wrong, according to a recent article from The Wall Street Journal.According to several experts, exhibiting at, or at the very least attending, industry trade shows is the smartest thing you can do right now for your business. Here’s why: Trade shows provide essential exposure to ...

The short answer is no, according to a recent article from The New York Times. The newspaper cites a recent study from University of Maryland’s business school that found that venture capitalists pay little attention to a company’s business plan when prospecting a business.What they dorely on is their own expertise and instincts, as well as credible referrals; meaning, to ...