Archive for August, 2009
The pace of change in today’s business environment is inarguably staggering. Growth of e-commerce; changes to business structures; evolving relationships; changes to funding arrangements; access to capital and its sources. All occurring at increasingly exponential rates. Fast. The fact that there is more computing power in the average notebook... ...read the full story
Major Challenges To Securing A Business Acquisition Loan
Qualifying for a small business acquisition loan can be quite an ordeal to say the least.
If the business being sold is very profitable, the selling price will likely reflect a significant amount of goodwill which can be very difficult to finance.
If the business being sold is not making money,... ...read the full story
Looking after a new employee during their first few weeks at work can mean the difference between their success and failure as employees as well as your success and failure as an employer, manager or supervisor.
Proper orientation determines how fast the new employee can be productive and efficient in his or her new job while giving you a good opportunity... ...read the full story
Factoring is becoming a popular yet not so well known tool in the arena of small business. It is an important way of keeping cash flowing through the business when invoices are delayed or accounts receivable are higher than the money in hand. Basically factoring helps you get cash for your business without having that time delay from the time you issue... ...read the full story
Should Small Businesses have a web presence?
In one word, yes! The internet is the most effective marketing tools in existance nowadays, have the capability of reaching far more people than any leaflet drop or advertisement in the local paper ever will. Should you produce your own website?
It all depends on your skills, if you have the ability to produce... ...read the full story
Product choice is one of the most important decisions that must be made when starting a food concession business. While many components of the concession business are important, choosing the type of food you will sell is the main component of your money-making potential. Choosing the wrong type of food can be detrimental to your business while choosing... ...read the full story