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TwitterWhat’s the difference between a politician and an economist?Too many politicians deal in a fantasy-like land, while economists (well, at least, a good number of economists) deal with reality.Economist Thomas Sowell pointed this out in a recent column. He was focused on politicians who love to give things away, noting that in order not to take responsibility for the costs involved, often push those costs onto the backs of business owners.Sowell wrote:The most politically painless way to hand out goodies, without taking responsibility for their costs, is to pass a law saying that somebody else must provide those goodies at their expense, while the politicians take credit for generosity and compassion.??Employers are ideal targets for such mandates, since there are always more employees than employers, and that is what counts on Election Day.
Archive for the ‘Running Your Business’ Category
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As the Pain Trickles Down…
February 2nd, 2012 
admin Many small businesses are created in order to serve the needs of the larger corporate sector. High end restaurants and caterers, decorators, landscapers etc. are not needed as many large companies disappear and those still afloat trim their spending to show they are feeling the pain to their stockholders. Those who lose their jobs are cancelling child care, house cleaning, lawn maintenance, music lessons, you name it.
Can Accounts Receivable Factoring Help Your Business
February 2nd, 2012 admin Writen by Marco TerryAre you stuck with great but slow paying clients? It is interesting how your biggest asset (great clients) can also be your biggest liability. But that is how business is. And as an owner you must adapt.Whether you like it or not, slow paying customers are here to stay. As a rule of thumb, commercial clients pay their bills in 30 to 60 days. And lately, the trend has been deteriorating.
It Consulting Steps To A Gradual Business Launch
February 1st, 2012 admin Writen by Joshua FeinbergIn IT consulting, you need a step-by-step plan to launch your practice. There are 21 steps that will take you through the first 90 days of beginning your IT consulting business.Preparing for your gradual launch will lower the risk associated with starting a business because you will have already prepared.Step One. Overcome Three of Your WeaknessesPick 3 of your shortcomings to overcome them within the next 90 days.
The Entrepreneur: Creator of Wealth, and Social Justice
February 1st, 2012 admin The first World Entrepreneurship Forum was held November 13-15 in Evian, France. As a member of the first global think tank dedicated to entrepreneurship, I am excited about this new initiative. After all, if political leaders and larger corporations can have their annual global gatherings, why shouldn’t entrepreneurs? On a global basis, we are responsible for the bulk of wealth creation, new jobs, innovation, and remain the best hope for easing the world out of its current economic woes.
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Helping Small Biz In These Tough Times
January 31st, 2012 admin The Great American Small Business Challenge is a new, national non-profit event, co-sponsored by over 25 SBA funded Small Business Development Centers. The Challenge has been created to help small business owners develop the essential leadership skills they need to cope with the current economic crisis. All Challenge participants receive free access to valuable organizational-improvement software, leadership-training and support. “Small Business owners feel like they hit a brick wall.
Advice From The Legendary BEN & JERRY
January 31st, 2012 admin I was privileged to interview Ben Cohen & Jerry Greenfield about how they parlayed a $5 correspondence course in ice cream making from Penn State University into the current global giving empire now run by Unilever.When asked what was the single most valuable piece of advice they could offer startup entrepreneurs, they said there were two thoughts they wanted to impart:1. Be wary of family & friends who quickly become naysayers: Ben & Jerry said when they announced they were learning how to make ice cream to possibly start a small business, everyone was supportive; ‘oh, yeah, go for it,’ and all that–but the day they signed a lease on a space and started cleaning it up to actually begin the business, Ben & Jerry experienced the jealousy of former supporters.
Make your Service Business Better
January 30th, 2012 admin To achieve this objective, it is pertinent to adopt latest technological innovation and field management software is just a move in the right direction. The advantages of such software are many. Field management software provides complete solutions. Customer management solution by storing all information related to customer at a single location. There is no need to search this information in various databases, multiple spreadsheets or pieces of paper.
