Not having enough money for a comfortable retirement tops thelist of financial concerns among aging Americans, according to a recent Gallup Poll. It even outweighs peoples’ worries about having a serious illness or accident.
With statistics showing that Americans can expect to live 20 or more years after reaching retirement age and our longevity continuing to [...]
Communication is the key to vendor relations. In your small business, you will be in need of many products and services. Unfortunately, not every company that provides these products and services will have their act together as much as you do. You, as a small businessperson, were able to carefully study each [...]
How often do the words “I need” come out of your mouth, as it relates to your business? When you run your own company, it’s easy to think that the only way to succeed is to be moving forward with your expenses — the newest technology, a broader circle of professionals providing you services, involvement [...]
Site location analysis of regional service areas and planning for mobile businesses is just as important as choosing a fixed site for any business. The region must be scouted out whether you are simply adding another service unit or deciding to open an entire new marketing area. Now, assuming that you have decided to go [...]
Cooking isn’t much different than building a business. You have the basic ingredients all laid out on the counter and if you put them together in the right way – you have a nice meal to nourish your heart, body, and soul – and the pocket too. With a little creativity, it even comes out [...]
Successful entrepreneurs have many traits in common. Here are ten of those traits that I consider to be very important.
A successful entrepreneur…
1. Places the needs of customers or clients first, and takes the time to find out what those needs are.
2. Enjoys the freedom of fulfilling a chosen mission through the fruits of his or [...]
Running a business is not an easy endeavor, it takes courage, hard work and a strategic mindset. I feel now that I am retired looking back on it all, that it is my duty to provide to new entrepreneurs a few of the secrets of how to get things done. Every year through out our [...]
You have this burning desire you want to be on your own. The temptation is so great that you want to quit your job. Enough is enough. You’re sick of working for other people for a ridiculous pay.
To be your own boss means controlling your own destiny, having your own time and no bosses to [...]
The most important function of a business plan is to create interest among investors so that they write a check. In achieving this goal, business plan writers are often challenged by determining the proper level of optimism in their plan. That is, they must create a compelling story to investors while maintaining credibility.
Optimism shows investors [...]
If you want to grow your micro-business (defined as a business with fewer than five employees), you mightconsider some of the findings of a survey by Statistics Canada.
1. The Findings
According to “Growth Determinants of Micro-Businesses in Canada” (Evangelia Papadaki and Bassima Chami, Small Business Policy Branch, Industry Canada), the survey by Statistics Canada revealed the [...]