Latest Advice For Small Business Owners

August 21st, 2012 with 3 com

Small Business (Time) Management

There is a theory glazed over in every freshman economics course on the way to supply side economics and demand side – I’ve already lost you. Economics might not be your cup of tea, but the theory is worth a listen. It goes a little something like this: Should Tiger Woods mow his own lawn? That’s it. The answer is an easy one. No. He has people for that. He should be golfing. The term for that is called opportunity cost. Why is there even a theory about that? Time management is why. (more…)

July 24th, 2012 with 2 com

How to Get Small Business Insurance

There are four main types of insurance for small business owners: general liability, product liability, commercial liability and professional liability. Additionally for small business owners who operate out of their homes it is a good idea to carry home based business insurance. Although business insurance isn’t mandatory by law, it offers peace of mind and security knowing that your business is protected day and night. (more…)

July 23rd, 2012 with 3 com

How to Set Up Accounting Books for a Small Business

As a small business maintaining good accounting records is a critical business practice for a number of reasons. These records provide a history of where the business has been, where its assets are currently, and the baseline financial information for where the company can afford to go tomorrow. As a result, for those who understand how to read accounting reports, the information plays a vital role in running a business. Additionally, accounting books need to be structured properly to be able to explain how profits and expenses occurred for tax reporting. Regardless of whether the books are maintained in electronic or paper format, certain elements need to be included. (more…)

July 20th, 2012 with 0 com

Creative Selling: The Competitive Edge

An important ingredient in the successful retail or service business is good selling. Without it, many sales are lost–sales that may mean the difference between success and failure. This publication tells how you can train yourself and your employees to become creative sales people. (more…)

July 19th, 2012 with 0 com

Women Business Owners: Selling to the Federal Government

This guide is designed to help women business owners become more successful by providing them with information about marketing their goods and services to the federal government. It is published by the Office of Women’s Business Ownership of the U.S. Small Business Administration. (more…)