Introverts have strengths that are often seen as weaknesses in a world where the loud and bold are lauded. Manage them well and your business will be rewarded.
The National Retail Federation just released its annual holiday spending forecast, and it’s a bit of a mixed bag. The bad news is that the consumers surveyed by the NRF expect to spend about 2 percent ($14) less this year on holiday gifts, greeting cards, decorations, flowers, and food than they did in 2012. The [...]
At this time of year, retail problems abound: unsold inventory, too few customers, unprofitable pricing, shoplifting, employee theft, bad checks, and on and on.
I like the premise of Barbara Weltman’s new book Smooth Failing: learning from failure and mistakes. One problem in the world of entrepreneurship is the way we celebrate successes and hide failures.
It’s going to happen. If you own a small business, you are inevitably going to have an angry customer. And when it happens, you’d better know what to do.
I received this question in an email: What is the average return for a business investor and what are the typical terms of the return? For example, if a complete stranger wants to invest $50,000 in our company (at start up), what would most investors ask in return? The question reminds me that most of the [...]
Considering hiring a virtual team? Be sure to follow these tips on how to run an efficient distributed office.
Every business owner knows they need to look at sales and costs to help determine their success. But what else should you be tracking in your business?
Are you stuck trying to organize your business’s finances? Are you having trouble using QuickBooks or making QuickBooks financial reports? Do you need a better handle on reading your balance sheet, or preparing your cash flow statement? Is bookkeeping taking up way too much of your time? The first-ever #TrackThis TweetChat, hosted by @Bplans and [...]