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The 4 Reasons

What is the roll of business credit services? Many small business owners today are still using their personal credit to finance their business. Although it is quite common, it's truly a bad idea. This is evidenced most recently in the last two years as the damage of the economic downturn is finally becoming realized. Many people were wiped out completely and businesses shut down, and much of this could've been avoided if they had separated their business from their personal assets. This article is going talk about the importance of having business credit, but what to look out for with business credit services. Business today presents many challenges, and most of these challenges can be easily overcome with proper access to inexpensive capital. Mastering business finance is crucial if you plan to own and operate a business in today's environment. The value of having perfect is business credit established for your company is tremendous. Entrepreneurs that understand corpora

Three Myths About Business

Planning your business is a key step to having successful business operation. Yet a majority of women in small business rarely stop to write how they intend to grow a successful business. The fact that 3 of 5 small businesses fail in the first three to five years should raise warning signals that planning is necessary to make operations a success. So a question that lingers is, "Why is a business plan so difficult for some entrepreneurs to create?" This is a question a professional business consultant must know how to answer. Here are three myths that are common among entrepreneurs and often give them the impression that writing their operations document is unnecessary. 1. Just for Start Ups You can write your business plan at any stage in your operations. In fact, one of the factors that lead to failure is a lack of planning. Like anything else; "Fail to plan and plan to fail." A simple document that you develop over a short period of time can be the key to doi

5 Business Success

Solutions To Increasing Your Small Business In The City Of Raleigh The city of Raleigh, N.C. has steadily become a target of small business growth, real estate developing, and personal relocation due to it's simpler and lower cost of living. With today's economic meltdown, the city of Raleigh still maintains a high of interest to small business entrepreneurs looking to re-establish themselves from previous economically-hurt cities throughout the U.S. Nevertheless, the need to expand the exposure of a small business has also come with the cost of relocating to the city of Raleigh. Just How Can One Dominate The Small Business Competition In The City Of Raleigh? Small business come and go in ANY city throughout this great United States, but so very few can withstand the statistic of becoming successful within their first 3 years. As new small businesses come and go, I personally find that it is those that can master the 5 traits of business that can withstand failure. Even in

Outstanding Local Business Directories

The success of local online business directories to supply information quickly on demand made them more enticing for consumers to use when looking for a local business. This increase in demand for local online business directories makes them important marketing tools for local businesses today. It doesn't matter what type of business you own (i.e. law office, bookkeeping company, laundry shop, pizza parlor, etc.) local business listings can help you grow your business. There's a survey done on consumers and online business directories and it was found out that consumers prefer online business listings to quickly find businesses in their area. The survey revealed that over 50% of businesses found on directory searches result in either a call or visit by a willing customer. You need to make sure that the local business number called is your business! Today, several online business directories offer free business listing-ensure that your business is visible on these free online

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Top Ten Legal Concerns Business

You're a busy business owner wearing many hats - you're always marketing your business, constantly trying to secure clients and collect your fee for services rendered or products delivered. You know the importance of having your legal affairs in order, but there aren't enough hours in the day to do it all, or perhaps there isn't enough money to pay a professional to handle those matters. Many entrepreneurs and business owners face this challenge. But it is crucial to address certain legal concerns so that you can remain in business and do so successfully. Here are top concerns you need to know and address... right now! This is not a comprehensive list, and all may not apply to you, but they are general concerns to be considered. 1. Choosing the Right Business Structure. There are four (4) basic structures - the sole proprietorship, general partnership, corporation and limited liability company (LLC). The riskier your business, the more you need to shield yourself from

Small Business Owners

To make a Profit, the business needs to focus, not on breaking even, not on survival, but on business profitability - literally, the 'ability' of the business to aim at and produce a specific dollar amount of profit as a percentage of projected gross income. Only when this is the clear business target is it possible to build a business that can deliver profit to the owner year after year. Only then can that business truly become an ongoing, revenue-producing asset for the owner. How is this done? How can a business become a profitable asset? Show me the Money! Most small businesses are inherently profitable. Depending on the business, a reliable profit of 10% to 30% of total annual sales already exists as the potential, ongoing profit return on investment of the company. But where is this Profit? Why is it so hard to see, let alone produce? As a small business consultant for a major consulting practice, I was continually amazed at the number of small-to-medium sized companies