Have you ever met anyone who was absolutely satisfied with the way he or she was managing time? Probably not. That’s why time management is such big business. Run a “time management” search on Amazon and you’ll turn up more than 147,000 results. Type “time management training” […]
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It’s much easier to get into trouble than it is to get out of it. That sounds like something you might tell your teenager, but it’s also pretty solid business advice. If you’re not careful, there are dozens of ways you can steer your company into a […]
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Real estate investors claim that you actually make your money on the way in. That is, you put yourself – and your investment – in a position to succeed by making sure you don’t pay too much for a property. The investor can’t control what happens to […]
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What’s in a business slogan or tagline? Everything or not much, depending on your point of view. Everything, because your tagline should ideally be memorable and elicit good feelings about your brand, while also describing what your company does. Not much because, after all, “brevity is the […]
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If you’ve ever taken a class in writing fiction – okay, we know you haven’t so please just indulge us for a second here – you might remember learning that the best way to describe or define a character is to show…not tell. Example: You don’t just […]
Read more →As a small business owner or operator, you probably already know that 941 time comes around four times a year. It next comes around on January 31. Form 941 reports wages your company has paid and federal income tax withheld from employees during the period. It […]
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Is the glass half full or half empty? Are some observers wearing rose colored glasses (of the other kind), or are others just too doom-and-gloom? Welcome to the world of small business funding, or if you’re just an observer of these things, the art of trying to […]
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A college friend used to say, “what’s good for General Motors is good for America.” Of course, this was back in the late 1980s, and way before the bailout. Anyway, his statement was more than a little self-serving, since at the time he was working in engineering […]
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Twenty percent. At the high end, the U.S. Small Business Administration has noted that a reasonable marketing budget for a growing business should be up to 20% of annual projected revenue. That’s no small amount of money. Hopefully, you’re carefully planning where the funds will be allocated. […]
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So what’s your company worth? If you’re not sure, you have plenty of company. Putting a realistic market value on your business involves a skill set and a degree of experience most small business owners don’t possess. Valuation involves a certain balance of art and science. What […]
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