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Small business uncertainty is rampant

06012012 Economic Uncertainty articleAccording to the National Federation of Independent Business (NFIB), small business uncertainty is at an all-time high. According to the NFIB, the October Uncertainty Index rose from 86 to 88. That figure exceeded the previous record established in August 2016. Read more...

Death and taxes aren’t the only things in life that are certain

lawyerBenjamin Franklin is credited with uttering a version of the infamous quote that nothing in life is certain but death and taxes. While hiring an attorney to advise and guide you through your entrepreneurial endeavors isn’t an absolute, it is a wise decision since a myriad of complex legal matters face every business owner. Read more...

Don’t wait for disaster to plan for it

disaster plan graphic2Not only are disasters disastrous, they always seem to hit at the least convenient time. Whether a calamity is weather or water-related or technologically-linked, recovering from a catastrophe is time-consuming, energy sapping and emotionally draining. In addition to those costs, overcoming a disaster also hits squarely in the wallet, another reason why planning ahead could mean the difference between financial survival and financial ruin. Read more...

Does your small business need an angel?

Angel HornIn literature, angels are often depicted as messengers who serve and assist God. They also perform other tasks, such as tracking human’s behavior, acting as guardians and even battling demons. Read more...

How Networking Can Have the Greatest Impact on Your Business – And Actually Be Enjoyable (Yes, Enjoyable)

networkingWhile the concept of networking has been around a very long time the process is changing. Executives can select from a variety of activities and organizations based on which are the best fit personally and professionally. As they realize greater ROI, companies are investing more and more in executive networking opportunities. Read more...

When to Consider Franchising Your Business

franchisingThe time has approached.  You have overcome the once incomprehensible goal of stabilizing your core business and understanding the ebbs and flows of your business model, now you are considering expansion ideas.  It could be compared to a long hike up a steep mountain and now you have reached the precipice and are looking at a divide in the mountain range where you need to choose a path to take your business.  Franchise expansion is one option for business growth, but how would you know when to take franchise expansion seriously?  Read more...

How to ensure your business has the right insurance

business insurance 101 521x308As a child, this writer asked her parents to purchase life insurance for her. Why? Because I mistakenly believed that having life insurance meant I was ensuring I would live forever (imagine my dismay when they answered “no).  Knowing that insurance won’t prevent tragedies or inconveniences but can soften the blow if they occur can be comforting. However, as a small business owner, it can be difficult to decide what kind of insurance would be the wisest investment. Read more...

Business and Running – What Principals Apply

running businessI was a competitive distance runner for about 15 years. In all those years of racing, one day stands above the others.  It was May 1984, and I was beginning to understand how the specifics of my training translated into race results. On this particular day with clear air and cool temperatures, I had chosen a race with just the right competition. Read more...

Preparation Key to Avoiding Failure

According to CNBC, small businesses have a high rate of failure, but that can be avoided by preparing prior to opening your business. First, it is important to work with an accountant to make sure there are no nasty surprises come tax time. Other steps include having liquidity, and a funding source in place. Read more...

Reducing Employee Theft

employee thef 022111Not everyone is dishonest, most folks are far from it, but some people do steal, and no business owner has the time to monitor everything all the time.  If, however, your employees know that you could monitor any area of the business,  and if they perceive that you are keeping an eye on them and that they could be caught at any time, they less likely to try something.  Sometimes doing just enough to give the impression you are watching everything is all that is needed.
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