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Blogs Category - Industry Word

  • Having cash on hand is critical to staying afloat. In fact, profitable companies go broke because they had all their money tied up in assets and couldn’t pay their expenses. Working capital is critical to business health. Unfortunately, we don’t see the cash implications as clearly as...
    October 28, 2014 - 3 comments
  • Are you thinking about starting a business?If you’re like many people, starting a business is a cherished dream. Sure, you can see yourself doing what you love and creating something for yourself and your family. But maybe the actual step forward eludes you.What’s stopping you is...
    October 23, 2014 - 7 comments
  • Before you sign on the dotted line for that franchise you’ve been investigating, it’s important to make sure you have asked existing franchisees some key questions.Most of the people I talk with focus on earnings; it’s totally natural to want to know how much you’ll make as...
    October 21, 2014 - 4 comments
  • From time to time, an employee going through a rough financial patch may turn to an employer for help. As member of your small business family—which is how many owners view their staff—you want to be helpful. But lending money to an employee should only be done after considering all the...
    October 16, 2014 - 9 comments
  • Small business owners, on average, spend 33 hours seeking credit. Why so long? That’s valuable time during the startup phase! When it comes to choosing the right way to fund a particular business idea, many find themselves overwhelmed with all the options available. Especially in recent years...
    October 09, 2014 - 2 comments
  • The holidays are coming, and we all know what that means for retailers. But retailers aren’t the only ones who can get in on the holiday shopping game. Whether you own a store, restaurant, service provider or even a B2B company, smart marketing can boost your holiday sales, too. Here are 33...
    October 07, 2014 - 11 comments
  • Words can be a very powerful tool. They can help you connect with customers, assist in negotiation and, ultimately, they can help you build your business. That’s why it’s vital to pick your words wisely.Sometimes otherwise great words and phrases lose their meaning. They get so diluted...
    September 23, 2014 - 13 comments
  • If you’re like nearly 18 million people in the US, you’re operating your business as a solopreneur. That means you’ve been doing everything, from making sales to refilling the printer paper. But what happens when your business grows beyond what you can do on your own?It’s...
    September 18, 2014 - 13 comments
  • It may end up being the most important phone call you’ll ever have as it relates to your decision to become your own boss.The phone call I’m referring to: your first call with a representative from franchise headquarters of the franchise concept you’re interested in learning about...
    September 16, 2014 - 3 comments
  • Even though a business may be non-seasonal, it can still experience significant swings in the amount of revenue it takes in; sometimes things are very busy, while at other times things may be slow. Businesses that have dramatic work reductions often terminate members of their staff in order to make...
    September 11, 2014 - 6 comments

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