Ask yourself these questions and note the areas where you feel your business plan is weakest. Develop careful analysis and projections to see if you can overcome any identified weaknesses. In addition, seek advice on your business plan from someone you trust. Is it something …
Top 15 Mistakes Startups Should Avoid
These ideas run the gamut from underestimating the financial requirements of your start-up to spending too much time on product development — and not enough on sales. Of all the start-up mistakes, perhaps the most critical involve your business plan, your hiring process, and the building …
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Never Stop Learning
Upon graduation from high school and college we all think that our education is over. Well think not... now that broadband internet is so accessible and cheap, the possibilities are endless for continuing to learn and grow both in knowledge and skills. In many cases, a whole new …
Blogging to Promote Your Business
Blogs are a very efficient and easy way to promote your business, drive traffic to your site, and increase sales! Here are some top tips for writing and building an effective and successful business blog: write for your customersplan your contentcreate valuable contentonce you start …
The Importance of Internal Controls for Small Businesses
A woman embezzled $750,000 from a Christian supply store over only a year and a half. It was easy -- she just wrote checks to fictitious companies and forged the signatures herself. Could this happen to your business? Of course it could, which is why even the simplest of internal …
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How to Improve Team Engagement and Alignment
Excellent article from the Harvard Business Review on effective ways for leaders to improve team engagement and alignment. Leadership is a Conversation Here are some highlights: interpersonal communication is keyhave a "person to person" conversation rather than pushing a series of …
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Small Business Accounting Mistakes
Is your business "leaking money"? Do you even know? It is absolutely necessary that you avoid the following mistakes in order to run a successful small business. not balancing your bank statements monthlyletting customers pay with 30, 45, or 60 day termsnot following up to see if …