July 13th, 2010 by john
It’s been said that there is no stronger, faster or more powerful tool on earth than the human brain.Yet when it comes to our businesses, too few of us fully tap into our brains’ vast and proven ability to make things happen. Perhaps we get tied up in daily details, focus more on what is practical and tangible or dismiss the idea that our thoughts can affect our reality as “new-age-y hocus pocus.” Regardless of our opinions, the cold, hard subjective data of science tells us that the power of our brains can be harnessed to change, create and influence results and outcomes in all areas of our business lives
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July 13th, 2010 by admin
Beyond profit in a business, cash flow is king. For startups, establishing cash flow as quickly as possible is vital to keeping your operations going through your critical first year and beyond.The key to maximizing cash flow in your business is to understand the things you can actually work on and measure, to create a clear target number or objective.Those factors (part of the “5 Ways” formula we’ve discussed before) are your: Total number of leads Conversion rate Total number of transactions Average value sale Profit margins Content Continues Below What’s one of the first and easiest ways to immediately boost cash flow and profit
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July 13th, 2010 by john
Like many things we know are good for us–exercise, getting a good night’s sleep, laying off the French fries–keeping careful track of your business’s finances is one of those must-do tasks to keep your business healthy. Nevertheless, a huge number of business owners neglect their numbers, and their businesses pay the price.I tend to see two main types of financial blow-off: Fully neglecting to track income and expenses by letting receipts pile up (or get lost) and failing to enter data into a bookkeeping system.
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July 9th, 2010 by john
There’s a certain level of honesty you get from only two types of people: small children and New Yorkers. Bethenny Frankel is quintessentially the latter, and her signature brand of blunt vaulted her to stardom as one of “The Real Housewives of New York City” on Bravo.
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July 9th, 2010 by john
By Julie Sartain Apple’s iPhone has more than 200,000 applications in its library, and the list is growing. But with so many options, how do you decide which apps are relevant to your work? Obviously, no one has the time or money to download and review them all.
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July 8th, 2010 by john
By Julie Sartain These five business programs for Android phones tout unique and useful features. Although no one plans to give up their laptop and start working full time on a cell phone, these tools could provide adequate functionality, when necessary, such as those days you’re waiting for a flight or commuting to work on the subway. Content Continues Below 1. DataViz Documents to Go: Free Reader, $14.99 full version This mobile office suite looks like a handy addition to a smartphone.
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July 8th, 2010 by john
Small businesses are not just in competition for customers. It’s a fight to attract and keep employees, too.Offering a retirement plan is one incentive that can make the difference. Yes, it will cost you, but it may be the best investment you can make in the future of your business.”Cost is even more of a problem with the scheduled increases in taxes and health care about to hit small business in 2011,” says Rick Kahler, a certified financial planner with Kahler Financial Group in Rapid City, S.D.
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July 8th, 2010 by admin
This article has been excerpted from The Power of Loyalty by Roger L. Brooks , available from Entrepreneur Press .
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July 5th, 2010 by admin
While capital markets continue their well-documented convulsions, that doesn’t mean that dedicated entrepreneurs must shelve their startup dreams next to the past few years IPO filings.With the following four elements in place, you can get venture capitalists to take notice of your business and raise that all important first round, even in the midst of an economic contraction. 1.
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June 30th, 2010 by john
No matter what your stage in motherhood, it really is a full-time job. I don’t know a single stay-at-home mom who feels she has extra hours in the day. Now, add running a business to that never-ending job, and it’s easy to see how it’s a formula for becoming overwhelmed
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