When is the time to quit the business? Is it worth continuing the business even if good profits are returned? It is hard to explain sometimes, but the fact remains – businesses close down for seemingly no reason. Small business owner can build few parameters based on which one can take a call on continuing [...]
Robert C. Jones, CPA recommends business strategies in the article “Aligning personal and business tax strategies can save you thousands of dollars.” Why choose Limited-Liability Company? For example, an LLC usually is a good choice of entity for a small business run by a husband and wife or a family unit. In a member-managed LLC, [...]
This shouldn’t come as a surprise to many small business owners…but innovation and swiftness are cited as the two biggest focuses that will help your business succeed and thrive. A recent Wells Fargo survey found that as the small business competitive landscape becomes increasingly crowded, small business owners continue adapting to economic fluctuations and market [...]
Continue reading about Innovation is the buzz word of the day
We have been hearing a lot about retailing for a long time now. Retailing is one area that has been competing with telephony and web space for a larger pie. It is one of the fastest growing areas in the world. Retailing has been talked about as the one hovering around relationship marketing. Recently, academicians [...]
We’ve written before about the importance of securing your data and networks from potential cyber criminals. As larger corporations continue to beef up their security, smaller businesses are becoming greater targets. Therefore, the need to protect yourself has become even greater. Here are a few easy tips to assist you in securing your data: (1) [...]
Sales promotion is one of the important components of marketing (other components are sales, advertising and public relations). Sales promotion means offering some kind of incentive to the end user (or intermediary channel members) for purchasing the company products. Sales promotion tries to do one or all of the following – it pre-pones the buying [...]