The small business bank loan pipeline abruptly shut down during the 2008 global financial meltdown. According to the U.S. Small Business Administration (SBA), small business lending peaked at $659 billion in 2008. From the time […]
When there’s dysfunction in the authority structure of an organization, its growth is limited and possibly even totally prevented. Here are the top five dysfunctions around the principal of authority in corporate America today. Lack […]
Though I still like to shop in person for certain things like golf clubs, Amazon is one of the places I enjoy online shopping. Why? I know I’m guaranteed a great customer experience. Content is […]
Most businesses, no matter the size, simply cannot operate in today’s increasingly cashless society without accepting credit and debit cards. However, as card processing fees are usually among the three highest expenses for business owners, […]
In today’s tough economic climate, more people are deciding to pursue their dreams by starting their own businesses. This entrepreneurial dream comes with promises of freedom and fulfillment, but as many people come to learn, […]
As a business owner, you’re constantly evaluating growth strategies. In strong economic times, you may feel more confident in relying on organic growth—that is, through normal channels such as word-of-mouth, repeat customers and referrals, without […]
Times have never been more uncertain than they are now—especially in terms of the breadth and speed of technological advances, continued global economic fragility, and the ongoing lack of clarity about government policy and regulation […]
For the first time in a decade, the top tax rates for individuals and corporations are not equal. At the beginning of this year, the top individual tax rate returned to 39.6%, while the top […]
One rep on your current sales staff stays at or above quota, while the other has a difficult time consistently achieving the sales goals. Recently, you decided to hire a third salesperson. As soon as […]
Weathering the financial liquidity crisis of the past few years has reinforced for many financial executives an important maxim – don’t underestimate the role cash plays in the organization. What’s more, it has finally shifted […]
Automated Expense Management For many business owners who track and report expenses for business travel and entertainment (T&E) using traditional methods, the process can be a time consuming and frustrating one. These antiquated processes come […]
The small business environment is now more challenging than it has been in many years. Gone are the days of growing your business with hard work alone, as in today’s new business climate, entrepreneurs must […]
Business owners and chief executives invest much of their lives working toward new heights and aspiring to be at the top, yet they rarely consider any negative aspects of reaching their ultimate goal. When those […]
What You Can Learn From My Mistakes… I did what everyone that has ever worked in corporate America dreams of—I quit. I walked right into my boss’s office at a large and well-respected PR agency […]
Choosing a healthcare plan for your business can be a difficult and laborious task. The dramatic rise in health insurance costs, coupled with new and more stringent governmental regulation, is cause for small business owners […]
I’ve been an entrepreneur all my life, and I absolutely love it. Creating a business from scratch that develops products and value for customers is always a big deal. I truly get a charge of […]
If I ever stopped to think about my “so-called” largest competitor, I would be paralyzed with fear. […]
Warren Buffet maintains that some of his greatest lessons came from his greatest failures. We all make mistakes and I hope that by sharing some of mine, I’ll become more tolerant of others’ mistakes and, […]
Of all the core skills required to be a successful business leader, clear communication is by far one of the most essential. Business owners communicate with a wide range of people on a daily basis, […]
Is it just me, or is a year shorter than it used to be? Before you know it, another year has come and gone on the calendar. And, of course, with every new year comes […]
Cash management is the most important part of any business process—indeed, it keeps 17 percent of business owners awake at night—yet many fall behind, put off following up, and worry about negative customer relations impacts. […]
The federal government can be a dependable source of revenue for small businesses eager to grow when private sector budgets are shrinking and financing can be challenging to secure. The federal government may not be […]
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