Did you ever consider the contributions of your small business to the economy? Small Business Trends talks about the increasing number of single person businesses based on the latest statistics by US Census. For proper perspective, US Census defines Nonemployer statistics as “one that has…
37 Signals imparts 5 interesting business lessons from the CEO of online store, Costco. One particular lesson that caught my attention highlights the importance of customers over competition. But it is the customer, more than the competition, that keeps Mr. Sinegal’s attention. “The traditional retailer…
One of the common ways to bootstrap your business is by using your personal savings. In case you do not have much bank savings and do not want to mortgage your properties, you may want to explore the possibility of using your 401(k) to finance…
According to a study, one of the toughest challenges that entrepreneurs face is finding new business or expanding territories. That is why sales leads are very important to grow our business. Sales leads are prospective people or businesses interested in availing your products or services.…
Whenever we are in the brink of losing our business due to poor cash flow or low profitability, the easiest most obvious approach for entrepreneurs is to borrow money from different financial institutions, request for funding, or put more investments from our personal savings. However,…
In your business, how effective are you in terms of negotiating and marketing to women’s segment? You might want to review your initiatives. Marketing Idea Blog tackles about a new survey that women rule the house! Gone are the days when men are deciders or…
In addition to recent advice to bootstrappers, it is worthwhile to visit and gather insights from a classic post of Guy Kawasaki about the Art of Bootstrapping. Focus on cash flow, not profitability. The theory is that profits are the key to survival. If you…
