In the wake of the recession that hit in 2007, a lot of businesses, both mom and pop ventures as well established names on Wall Street, were hit hard. It’s as if we have gotten used to the excesses of the 1980′s all over again, when greed was good and the cashflow never seemed to [...]
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Common Mistakes that Startups Make
“The process of creation is less of an established procedure and more of a trial by error.” Those of us whose profession involves creating or establishing something know this for a fact. Thomas Edison had to go through thousands of lightbulb designs before he discovered the perfect one. Famous authors go through countless manuscripts and [...]
Providing Motivation
A lot has been said about how a businessman should try and operate his enterprise in the early goings. The advice can cover everything from how to manage finances to how to plan for the long-term when avoiding IRS audits. There are even those who feel free to offer their wisdom on how to determine [...]
How to Sell a Service
Being a salesperson doesn’t exclusively revolve around selling tangible products. Sometimes, the situation requires you to be flexible and sell services. There are disadvantages when it comes to selling commodities that may lead you to shift to services. One of these is the fact that your business relies largely on the product. If it fails [...]
Modernize Your Business with ACN’s Small Business Solutions
When you do business, you mean business. Operating a small business venture is similar to large companies in terms of client management and support services. You want to get in touch with your clients and customers without glitches and require smooth day-to-day operations. Likewise, it’s important to you that as you work to grow your [...]
Spinach: A Japanese Secret to Business Success
Foreign language lesson: the Japanese word for spinach is hourensou. It is also a term that describes a Japanese corporate philosophy towards both internal communication and improvement of products or services. The term takes the first character of three different words: hou-koku, ren-raku, and sou-dan. These three translate as “reporting,” “informing,” and “consulting,” respecti
Why the Real Estate Business is Recommended for New Investors
Quitting your job and starting a new business can be a great idea, but you should know that every type of business has risks. Not all business ventures eventually become successful in the long run. In fact, most companies don’t manage to survive in their first year and go bankrupt. There is still one sector [...]
Flip For A Profit!
The practice of “flipping” is basically purchasing a given property. Normally, this is a house or condo unit, though some people have done the same to websites and then selling it, after renovations are made, for a profit. For people that don’t mind doing a bit of work and have it pretty good in terms [...]
The Basics of Starting an Online Business
Having a business is a good way to add to your income. However, it’s understandable that not everyone will readily venture into business because of the capital and effort you need to expend, both in building it up and sustaining it. You need to consider the location, secure permits and hire people to help you [...]
On Angel Investors
Money is perhaps the biggest problem that many entrepreneurs will face, particularly in today’s economy. More often than not, there is a distinct lack of financial resources available for anyone to push ahead with a business for very long. Combine that with the fact that most businesses die out within a year and the result [...]