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TwitterPlanning on starting a small business would be more effective if you have gone over several ideas. It will take you some time to go through several small business ideas before finally landing on one. This is where strategic planning and management be properly done and observed. Choosing the right idea will benefit you greatly especially if you don’t have a background in entrepreneurship. A small business does not have to be a full-time job especially at first.
Archive for December, 2009
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What Does a New Business Really Cost?
December 8th, 2009 
admin So you’re taking the plunge and starting your own business? You’ve got a great concept, a brilliant marketing plan and the best spot in town to start selling it all from. So you’re set, right?Wrong. To establish a good small medium enterprise, you should know from the beginning, the most important plan you will make is your financial plan. Bad financial planning could ruin your business. Small business cost can be complicated, it is important to consider all of the costs, not just those obvious ones like rent and stock.
Unemployment Illustrated 2007-2009
December 7th, 2009 admin Check out this amazing progressive map showing the dramatic increase in unemployment from 2007 through 2009. Thanks to Latoya Egwuekwe and the American Observer for putting this together. To watch the map change, go here.
Small Businesses Need Loans in Order to Survive
December 7th, 2009 admin The national press is finally paying attention to the notion that it is going to be small businesses that lead us out of the recession. This CNN article points the problem out vividly in that small businesses can not survive without the ability to borrow from banks. First their credit lines were taken away, then lending stopped altogether. In Jacksonville, our SBDC is having quite a challenge in getting banks to lend to our clients.
Three Ways Your Business Can Fail and How You Can Prevent It
December 7th, 2009 admin There are many reasons that businesses fail and learning what they are is the first thing you need to do to prevent becoming a victim of them. This article will list the three most common of these reasons and discuss what you can do to prevent falling victim to them.The first common reason a business is likely to fail is if the owner has chosen the wrong business in the first place.
10 Dos and Donts for Running Your Business in a Tight Economy
December 3rd, 2009 admin It’s no secret that our economy is in bad shape, and it’s quite possible that no one is feeling the strain as much as small business owners. After all, is there any group that needs access to financing more than business owners? How are entrepreneurs going to be affected, and what can you do to keep your business successful in the midst of this economic downturn?
The primary piece of advice from most experts is keep pursuing your business goals rather than sitting on your hands and waiting for the crisis to blow over.
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5 Leadership Techniques For Challenging Times
December 1st, 2009 admin We consistently face new and ever growing challenges in the workplace such as reorganizing, downsizing, and “left out sizing.” We are faced with the question, “How do we lead in this storm of change?” It may seem difficult at times and the decisions we make define our short-term and long-term outcomes. I will share with you five leadership development techniques guaranteed to keep you on track during these difficult times.1.
