Let's not get stuck in the negatives before we even start here. It is time to get analytical here. Let's take a look at the for and against register on how we could take your traditional business online and increase your revenue and consider them one at a time.Firstly, for the positive side, allow me to mention that having an online shop increases your marketing, branding and potential to have more sales.. Okay, I hear your objection, that you...more
Many of you may have heard of the 1 Page Business Plan. A smart, and now rich man, once determined that business plans were too long, and that often times VIP's and decision makers don't even read past the first couple pages of your business plan. In response to this problem he created the 1 Page Business Plan brand. He wrote books, trained others, and made a fortune I am sure. Although his assumptions were correct that many...more
If you're like most people, then you probably already have a credit card to help you consolidate your expenses, cover you in case of emergency, or finance large purchases. However, you need to know that if that card isn't a cash back credit card, then you're not even coming close to getting everything you can out of your credit. The truth is, credit isn't just about simple convenience anymore. More and more credit companies are finding out that if they want your business, then they need to offer their customers something extra when it comes to the programs they choose.1. Using any card other than a cash back reward credit card means you're losing money.Everyday, run of the mill credit cards just offer you the convenience of using them and that's it. However, a cash back rewards card actually offers you something in return - a cash return on every single purchase you make on the card itself. Depending on the program you use, you could be enjoying savings at rates up to 5%. Could you stand to benefit from getting 5% off your electric bill? How about your medical expenses, nights out with friends, or pretty much anything else under the sun? If so, then you owe it to yourself to make...more
Most of the people who want to put up a business start as sole proprietors. However, as they continue their business, they will start to realize that being a sole proprietor of your business as not profitable In terms of financial planning, personal liability and tax liability. For a lot of business owners, forming a limited liability company is...more
Business that operate with credit terms leave a themselves vulnerable to unpaid debts or bad debt. Considering unpaid or bad debt leads to an inefficient allocation of time and resources and restricts cash flow thus hampering the growth of the business, debt recovery is a crucial aspect for any business.The three points below give elaborate on this...more
Building your business can be a difficult task. You can put hundreds of hours of effort into the business, but if you still don't have important components, you will not be successful. Today business owners are realizing that blogging boosts business. Blogs are typically only seen as personal places to express yourself and your views. The truth is however the blogs are also great places to reach people about your business or your products. There are several ways to do this type of blogging.The best way a business can use blogging to boost their business is by taking part in the blogs of others. You can easily create quality posts with your business in mind without needing to set up a blog of your own. Try finding blogs that pertain to the area of business you are in. This will help you get started. With millions of blogs out there, you should be able to find some with no problem. Choose to post on all of them, or choose the few that get the most activity. Then begin posting. When you do, you will see positive results come in. If you are still curious about how this can boost your business, check out these three reasons blogging boosts business.Quick Name...more
The truth is, virtually everyone has thought of being an entrepreneur. Many think of it and dream about it, however in actuality, the bulk do not even take the first step in the direction of entrepreneurship. They just continue thinking and dreaming....more
Did you ever consider that maybe you should incorporate your business online? Lots of people have considered doing exactly the same thing. Some went ahead and did it. Most others have gotten bogged down within the negatives somewhere and never got...more
Let's face it, most small businesses are doomed to failure. No matter what you do, there will always a threat of business failure or lower-than-anticipated financial return. Many entrepreneurs are so anxious to get started that they neglect business...more
3 Reasons Change Fails: Tea Party Politics for Business By: Lynda-Ross Vega About the Author Lynda-Ross Vega: A partner at Vega Behavioral Consulting, Ltd., Lynda-Ross specializes in helping entrepreneurs and coaches build...more
The web an internet-based business especially are becoming a lot more popular everyday in today's world since individuals are beginning to understand the true great things about the web, ?ndividuals are needs to trust the world wide web more, and...more
The solutions above are great first steps to discovering your hidden profits. Often business owners think they need to increase sales, but they don't realize that what they really need is more profit. More sales may not lead to increased profit or...more