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TwitterWriten 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 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 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.
Helping Small Biz In These Tough Times
January 31st, 2012 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 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 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.
Obama’s Opportunity on Immigration
January 30th, 2012 When you look at his campaign positions and record in the U.S. Senate, it’s pretty easy to get down on President-elect Barack Obama in terms of his policies impacting the economy. His proposals on taxes, regulation, trade, government spending, energy – little of this boosts confidence.However, there is at least one area where the President-elect has the opportunity to make a positive impact on the long-run health of the economy.
Top Tips For Small Businesses To Survive The Recession
January 29th, 2012 Here are some tips for small businesses to survive the recession …. courtesy of the everywoman network: 1) Know your cost base. What costs are fixed (ie, costs that you HAVE to pay) and what are variable (ie, that are essentially optional or that fluctuate with sales). Splitting costs in this way will help you to pay what needs paying and cut back on what doesnt. 2) Good credit control Dont let your clients use you as a bank, if they want a loan for goods or services – thats where they need to go!
