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Blogs Category - Industry Word

  • Years ago I was a foreign correspondent in Mexico City, writing for Business Week and other business publications. One of my favorite contacts was an expert with the U.S. Embassy who updated me on Mexican oil industry news. We had lunch about once a month. He became a friend. So I was disappointed...
    April 27, 2016 - 0 comments
  • Federal and/or state law mandates a variety of insurance products that employers must carry for employees. If you’re self-employed, are you required to have the same coverage? Can you have the coverage if you want? Here are three types of coverage to think about if you’re a sole...
    April 14, 2016 - 0 comments
  • Ecommerce has become commonplace as businesses and online tools have made it easier and easier to exchange goods and services with customers around the globe.While some consumers may have advanced knowledge of online security practices and feel confident shopping on various ecommerce sites, other...
    April 07, 2016 - 0 comments
  • Are you taking full advantage of the marketing capabilities of your business’s product packaging? Your packaging can be the deciding factor in whether a prospective customer purchases your product or not. To ensure your packaging is doing its job to help market your product, here are some...
    April 05, 2016 - 0 comments
  • If there's just one formal business skill every business owner should have, it's understanding and forecasting cash flow. It's not intuitive because it's not the same as profits; but it's vital. We spend cash, not profits.Here's my recommendation for a relatively simple way...
    March 22, 2016 - 6 comments
  • The basic idea is for the IRA or a qualified retirement plan to own the business and you own the IRA or qualified retirement plan, so you indirectly continue to own your business. Some do this because the arrangement offers financing for the business (funds within the IRA or other retirement plan...
    March 18, 2016 - 1 comments
  • Social media can be a huge driver of website traffic, awareness of your brand and, of course, new business leads, and online and offline sales.Social media can also be a time suck that eats resources but doesn’t yield results. How do you prevent that from happening?  Simple: treat...
    March 17, 2016 - 2 comments
  • Sometimes I feel that I fall short in my quest to save you from potentially experiencing financial pain with regards to franchise ownership.I’ve been writing a monthly article about franchising here for almost 6 years. I provide tips and advice based on my real-life experiences in franchising...
    March 15, 2016 - 2 comments
  • Thousands of people all across America dream about starting their own business. No matter what your motivation is for being your own boss, you can start a business much sooner than you think and for far less. In fact, there are hundreds of enterprises waiting to be launched that don’t require...
    March 10, 2016 - 2 comments
  • Ever walked into a neighborhood business that was recently purchased? The new ownership might have changed the paint color, décor, and equipment in a flash -- maybe even overnight.If you’ve ever dreamed of revamping a business you visit frequently, you might be a good match for buying a...
    March 03, 2016 - 2 comments

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