Expert Advice / Business World
Jeanne Brutman

How can you pick the Right Financial Professional?

We financial people go by many names; Planner, Advisor, Representative, Agent and Broker are just a few. I have been all of the above singularly, and I am now a combination of all of the above. How do you find that ideal person to guide you? Here are a few steps: 1. I would start with [...]
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August 9th, 2010
Author : Jeanne Brutman
Harry & Sally Vaishnav

How to Identify and Track Key Performance Metrics?

Many small business owners find it difficult to explain how their business is doing with the numbers backing up their words. It is even more difficult to predict how the business is going to perform few months down the road. However, it doesn’t have to be this way. By identifying and tracking few [...]
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July 26th, 2010
Author : Harry & Sally Vaishnav
Ilya Bodner

Have The Answers. A Guide for Business Plans

HAVE THE ANSWERS A good business plan tackles three major areas:  The Business, The Market, and Finances. Look at the questions within each of the three areas below and answer them as they apply to your business. The Business What is the legal structure of your business? Will it be a sole proprietorship, [...]
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July 1st, 2010
Author : Ilya Bodner
David Gass

Meeting with the Bank

When you are meeting with the lender, do not appear to be nervous or intimidated. Present yourself in the best possible manner. Be prepared and confident that you are giving the lender an opportunity to finance a loan that will be good for them. Anticipate questions and have answers ready (which is surprisingly simple if you have [...]
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June 25th, 2010
Author : David Gass
Priyankar

Guide to Year-End Accounting of Payables

In continuation of my last article, that covered year-end closing activities related to receivables, I have listed year-end activities related to payables here. Accrual of Expenses & Taxes (Payroll, Rent, Utilities, Property Tax & Sales Tax) Many small businesses either maintain their books on cash basis or do not accrue important expenses like [...]
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June 21st, 2010
Author : Priyankar
Ilya Bodner

Investor Options

Raising capital is never easy. Conventional financing options are running thin and banks close their doors to a lot of lending right now.  However, within conventional financing methods exists an arena of creative financing. A business owner may choose to find an investor or an investment group that does not necessarily play by the common [...]
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June 8th, 2010
Author : Ilya Bodner
Mark Harbeke

Small Businesses Employing More People over Last Decade

Untitled A trend of extremely small businesses those with fewer than 50 employees; the majority of American employers is that they have historically been under served compared to their larger peers. This, in fact, is a primary reason why Winning Workplaces was founded in 2001 – to equip leaders of these [...]
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May 14th, 2010
Author : Mark Harbeke
Marion

Are you Listening??

Over the past weeks I was working on a new project for E.Factor-involving a number of different people both in- and external to our company. “Different” meaning they each are very different characters and personalities. Teams like that, in my opinion, can come up with the best ideas if they can learn from each other [...]
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April 28th, 2010
Author : Marion
Adrie

Networking Tips: The unexpected

This week was one of maximising the possibilities of networking and having unexpected meetings leading to spontaneous and often beautiful new opportunities. When building an organisation, you will need to optimise and use your network in every possible way. On the one hand, you need your network to grow your list of clients or members. On [...]
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April 27th, 2010
Author : Adrie
Dr. Amit Kapoor

Strategy for SMEs

Strategy has become a generic word encompassing everything from cost efficiency to leadership t o innovation. Its general use has obliterated its significance. A business maximising profits is said to possess a competitive edge, without actually delving into the factors that determine the reasons for superior performance. The primary reason for existence of the firm [...]
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August 8th, 2009
Author : Dr. Amit Kapoor
 

Small Business News    

The Struggle for State Loan Programs

2010-08-27 02:21:25

Ongoing discussions, debates, and opinion polls agree that America is struggling to navigate in the perfect storm of depressed housing values, inaccessible capital, and high unemployment. Political primaries are in full swing slinging red and blue mud around the country. Tea pa...

Examining Legal Issues Crucial For New Business: Budding Entrepreneurs Face Questions About Tax, Incorporation, Financing

2010-08-26 02:16:44

Entrepreneurs or consultants in business, advising on business or thinking of going into new business, or thinking of joining others in a new business face many difficult tax and legal questions. These questions revolving around incorporation and costs, other choices besides c...

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