With Consumers Spending Less, What Is Your Next Step?

Let’s face it, the economy may be getting better, but many people are still suffering from things such as unemployment, foreclosures and everything in between. With all these factors many families are crunching their finances and changing their spending habits. As a business owner it is a good idea to realize how your consumers are spending their money differently, and determine how you can get through these hard times successfully.

Superior Value Equals Superior Sales

If your car needed repair work, would you go to a garage that offers free estimates? You likely would. Today, most garages offer them.

Not only has it become a customary practice, but also everyone expects a free estimate from mechanics.

The Credit Crunch Myth: Financing Options You May Not Have Considered

Over the past couple of years, the term “credit crunch” has taken its place in the popular vernacular alongside other now-common phrases like “mortgage meltdown” and “bank bailout.”

But is the supposed credit crunch that we keep hearing so much about (go ahead and Google it—I did and got more than 12 million results!) real? While most of the media would have us believe it is, from my perspective, I’m not so sure.

Forget Your Failings - Focus on Your Feats

Your "Win List" and your "Significant Accomplishments List"

It seems to be human nature to remember the things we messed up more than we do the things we did well. Most of us tend to focus on what’s wrong rather than on what’s right.

Even people with positive attitudes fall into the trap of discounting their successes and inflating their failings.

One Month into the New Year - How is it going for you? What are you doing differently?

We are into the second month of a new year, how is it going? Are those new year’s resolutions just a faded memory? Are you still doing the same things you did last year. Have you even taken a closer look at what you did last year? We can all admit that it’s been a pretty rough ride for most business owners, regardless of the size of your business, big or small.

Financial Accounting: Don’t Reinvent the Wheel When Accounting for Your Business’ Future

It has been said that the only thing that’s constant is change, and if you’ve been in business for any length of time, you know how true this is. If there’s one thing that sets companies that have been successful over the long haul—think IBM, General Electric, Wal-Mart or Microsoft, for example—apart from all the others, it’s their positive reaction to change.

Small Business Financing Options—Despite the Credit Crunch

There’s no question that the financial crisis and ensuing credit crunch have made it more difficult than ever to secure small business financing and raise capital. This is especially true for fast-growth companies, which tend to consume more resources in order to feed their growth. If they aren’t careful, they can literally grow themselves right out of business.

Online Marketing Tips for Business Owners

For us small to medium business owners, promoting our websites online which is also known as online marketing needs to meet two conditions. Low investment is the first condition so TV ads are probably out of the question (for now) and for many of us, it needs to work almost as a do-it-yourself marketing task. Here are a selection of online marketing tips which are both budget minded and require very basic previous experience.

Panera's Powerful Message: SBA Loans Can Make a Difference

Every so often, I'm reminded of the power of SBA loans.

Some of the country's largest companies got off the ground thanks to an injection of small business funding through one of the U.S. Small Business Administration's finance programs. That list includes companies like Apple, Intel and AOL.

A New Year’s Resolution: Five Small Business Mistakes to Avoid in 2010

The past couple of years have been an especially challenging time for most business owners as they’ve struggled to maintain sales and profitability in the face of one of the worst economic downturns in our nation’s history. As a result, many owners and entrepreneurs have been only too glad to say goodbye to 2009 and welcome in a new year.

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