Beating the Long-Haul Business Travel Blues

November 21, 2016

As anyone who flies frequently knows, long-distance business travel can be arduous, and if you are the one who is picking up the tab, exasperatingly expensive. Increasingly crowded airports, intensified security, and declining service standards among airlines have done nothing to improve the experience. If you have to fly to meet with clients or attend […]

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Selling Your Business

November 7, 2016

As a business owner, you most likely have spent years building a successful company. However, at some point in time, you may contemplate retirement or heading in a different business direction. Have you given much thought to what you will do with your business? Will you sell it? Do you have a buyer? Have you […]

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Financing Your Own Business

October 17, 2016

Starting a new business can be an exciting adventure. Finding the location, formulating a business plan, and hanging the “Open” sign may fulfill one of your long-cherished dreams. However, securing capital to begin operations can be challenging. There are a number of potential sources of financing to consider. Some entrepreneurs are able to secure bank […]

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Agree Now, Avoid Headaches Later

October 3, 2016

It’s easy to get caught up in the day-to-day tasks of running your business and to put off thinking about the future. But every business needs a plan. A buy-sell agreement is a great tool to help you and your fellow business owners deal with some difficult issues that may come up in the course […]

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Turning Customer Complaints into a Competitive Advantage

September 19, 2016

Receiving a complaint from an irate customer is seldom a pleasant experience. But customer complaints also provide businesses with valuable feedback about the quality of their products and services. By developing processes for fielding complaints, your company can identify weak spots in need of correction, increase the chances of retaining valuable customers, and gain a […]

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Social Networking Your Way to Success

September 5, 2016

If you think social networking websites are mainly for teenagers looking to trade gossip and music tips, you might be surprised to learn that growing numbers of small businesses are using these websites to generate leads, promote their products and services, recruit employees and business partners, and improve their visibility in the wider community. When […]

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Profit Sharing: Age Can Make a Big Difference

August 15, 2016

For quite some time, profit-sharing plans have been recognized by many small business owners and professionals as effective, qualified retirement saving tools. Generally, these plans allow employees to share company profits, as employers make contributions to participant accounts based on each participant’s annual compensation. However, if you are an older business owner, you may want […]

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What’s Your Management Style?

August 1, 2016

At times, managing people can feel more like an art than a science. Approaches that work well with certain employees and in certain types of workplaces may prove ineffective in other circumstances. A good manager should be prepared to adapt his or her management style to the culture and business requirements of an organization, and […]

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Tips for Making the Most of Trade Shows

July 18, 2016

Trade shows can provide great opportunities to market your products or services to large numbers of potential buyers, network with current and prospective customers, and find out what is happening in your industry. But attending conferences and conventions can also be a waste of time and money unless you choose the right events and prepare […]

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Becoming a Better Negotiator

July 4, 2016

Whether closing a sale, haggling over a price with a supplier, or discussing a raise with an employee, business owners negotiate nearly every day. While you may already be an effective negotiator, consider the following strategies to help maximize your negotiating skills. Negotiating does not have to be a zero-sum game. When two parties enter […]

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