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Small Business Articles

5 Tips to Help You Meet Goals and Deadlines

Since high school (or earlier), many of us have struggled with meeting deadlines. Poor time management skills and procrastination often lead to last minute cram sessions which produce substandard work. At work, failing to meet deadlines is one of the cardinal sins that can easily get you fired. An employee who fails to be punctual and achieve deadlines is no…
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Developing Organizational Systems for Better Efficiency

Have you ever felt like your business will stop the day you don’t show up?  This happens to almost all entrepreneurs at first.  Sometimes it’s because entrepreneurs begin by filling every function their business has to offer, from answering the phones to actually making the product.  The business actually winds up getting limited by the number of hours the entrepreneur…
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What Management Strategy Should I Use in an Economic Downturn?

When there is a recession, companies react in different ways. Some ignore it for as long as possible, hoping that it is a temporary phase that will go away soon. Firms that adopt a “business as usual” approach are the worst sufferers in case the economic downturn continues for any length of time. Well-managed business enterprises, on the other hand,…
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How Small Business Culture Can Create Success

What do you think of when you think about small business culture?  It can mean many things depending on who you talk to. It can be a “brand,” motto, values, uniforms, or behaviors. It could also be service level, return/exchange policy, or customer appreciation gestures. Do you think of Main Street USA, with all the “Mom n’ Pop” shops on…
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Business Lessons I Learned from Steve Jobs

One of the best techniques for success in business and in life is intelligent selection of role models. They can serve as sources of wisdom and inspiration, as bright lights illuminating the path to the person you want to become. In Steve Jobs I found much that was worthy of emulation, so I decided to put together a list of…
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Setting Realistic Goals by Limiting Expectations

Agreeing to realistic goals is the first lesson a fledgling business should learn. Realistic goals should form the backbone of your company and are the most important part of your annual business plan. The most common goals  for a business are revenue, profit, sales volume and growth goals. Failing to set realistic goals by being too conservative or ambitious can…
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How to Keep Your Online Business Information Secure — Some Basics

Entrepreneurs need to secure the digital data that their businesses generate. This should be a top priority for every business owner. Unfortunately, information-technology security does not get the attention that it deserves. The consequences for many small firms are serious – data theft, fraud and angry customers. A report published on CNN Money says that hacking costs the average American…
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Franchising vs. Licensing

When trying to expand or leverage your successful business to further growth two models that are commonly used are franchising and licensing. While they may mistakenly be used interchangeably they are two distinct concepts and this article will discuss their differences to assist you in deciding between franchising vs. licensing. Franchising In a franchising model you are selling another individual…
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