For a small business owner, the delineation between work hours and personal hours is sometimes blurry. This is quite understandable as the brunt of the responsibility rests on the shoulders of the small business owner. After all, it’s his career – and livelihood – that’s on the line.
Small business owners, picture this scenario: it’s a Friday afternoon and you’re all ready to unwind. Suddenly, a client calls you up wanting this and that. Or maybe, an “urgent” e-mail comes in. The office is ...
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Making mistakes is an inherent part of being human. No matter how much you try to change things in an effort to become the perfect businessman, you will soon realize that there is no such thing. We are all human and humans all make mistakes.
But how do you react when you make a mistake? What is your instinct? How do you deal with the situation?
For many people, making a mistake is not an option, and when it does happen, they somehow cannot ...
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Who doesn’t? While expanding too quickly without planning may not be the best route to take, you can always use some additional business to help you on your road to success. If you feel that you are stuck in a rut and that you need fresh ideas to attract more business your way, let me help you get some inspiration.
Be bold. Go where no one else dares to go. Just because something is not tried tested or is not deemed “normal,” you should not shy away ...
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Running a small business is not that easy even during the best of times. When the economy is not exactly rosy, things become even harder. But it is not impossible, especially if you take a look at these tips and follow them at your discretion.
Do not cut costs radically.
This might go against your better sense, but cutting costs left and right might do your business more harm than good. The idea here is to cut costs cautiously and not without considering the long term effects. Just ...
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The news is everywhere; the fear prevalent. When news of the swine flu, or A1H1N1, virus came out, not too many people were concerned. After all, only limited areas were affected. However, it didn’t take long for the virus to spread and countries in all parts of the world are now having to deal with the virus. From Mexico to North America to Europe to Asia – everyone is trying to make sure that they do not contract the disease.
Perhaps of the biggest fears of business ...
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If you are a small business owner, you were probably overjoyed to hear about the government’s plan to help you out. This was announced some time ago, in the form of the stimulus package, which included shelling out money in loans. However, it seems that things are not going the way they were expected to. The news is that the money is not reaching the intended recipients.
The Orlando Sentinel recently ran a feature on this issue:
The parts of the federal government's stimulus program aimed ...
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Everybody knows having their own business to run and not having to follow orders is one of the greatest achievements an individual can attain. Though current economic conditions may be unfavorable, it is ideal for establishing a business but this is not without risk and peril due to volatile markets. Now why would you consider doing this now? Well, for one, other major businesses hit by the recession and its aftermath are more into self-preservation mode rather than into expansion so their grip onto the market weakens day by day. This ...
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For your web site that is and this can be caused by one of many reasons. Many businesses who rely on the internet normally have firms providing hosting services for their web sites. This being the case, having low traffic on your site may be a rising concern so if the web site itself is designed so good, then what the hell could be causing you money? Well, if you'd take the time to review your hosting company and needs, you ...
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Last post we discussed the importance of risk management and the protection of ones assests. This time I'll discuss the importance of finding your weaknesses and potential threats to those assets. Though these two things sounds a little bit alike they are actually different.
Weaknesses can be identified as the things that are inherent to your business that makes it susceptible or vulnerable in the face of threats. Threats on the other hand is an external source of danger.
At first glance weaknesses may seem easier to identify and address since they are internal factors, hence easier to control, right? Wrong! The ...
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var iamInit = function() {try{initIamServingHandler(234,154,507734,"http://cdn.pis.picapp.com/IamProd/Resources/Css/css2.css")}catch(ex){}}()Do you still remember what happened when the Lehman Brothers declared bankruptcy? The news traveled like wild fire from the US to Europe to Asia – all in a matter of minutes, I suppose. A lot of people were running around like headless chickens, trying to make sure that they will not go down with the giants.
It seems that with the economic problems that prevail, one common result is that ordinarily bright ...
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