A `Cash Only’ policy can alienate a lot of customers and cause a small business to lose a sale. Here are some great options you can check out. Continue reading
Why should small businesses and freelancers accept plastic?
Posts Categorized: Financial
Reduce your expenses by saving money on your small business in 2011
If you are a small business owner or planning to start a small business, you should practice all cost cutting measures for business to save money on your small business. Doing so, you would not fall into debt and as a result, you won’t need to look for suitable debt relief options. Read on to know some tips on how … Continue reading
How Commissions are Affected When Reseller Product Prices Change
Many of today’s entrepreneurs make their income via commissions. When reseller product prices change, it can have a direct affect on the commissions you earn. There are three factors that will directly affect the commission you will earn. They are: Buy Rates Minimum and Suggested Retail Price Price Settings Commission is often calculated on the difference between your buy rate … Continue reading
Pricing Strategies for Your Product | RunApptivo
If a Business has to be profitable the sale price of its goods or services needs to be more than the cost price. A price that’s too high will lead to reduced sales. A price that’s too low will lead to reduced profits, and consumers that think there’s something wrong with the product. So what’s the answer? Let your market … Continue reading
5 Tips for Selling a Business
If you’ve decided, the time to sell your business has arrived, follow these 5 tips to ensure maximum profit. You’ll be happy you did! Way back when you first started your business, you likely didn’t think about selling your business down the road, or maybe you did. After a number of years of working really hard and turning your business … Continue reading
How Overseas Transportation Costs Affect Your Business
Today’s global economy has changed the way businesses buy their stock. In the past almost all businesses except for the larger companies would use a wholesaler to obtain the product(s) they wanted to sell. Today, there are few wholesalers left and most businesses, even small ones, can order directly from China or other countries reducing their costs. China is the … Continue reading
The 10 Commandments to Selling a Business
When selling a business just one little blunder can derail the deal. Follow these 10 commandments to ensure things off without a hitch. It’s business as usual. Don’t become so focused on the sale of your business that you aren’t meeting your daily business commitments. It’s not uncommon for your sale to take up to a year to close, so … Continue reading
How Selling a Franchise Differs From a Stand Alone Business
Selling a franchise is different than selling a standalone business. Selling a franchise can be beneficial since the customers are loyal to the business not the owner. For example, if you buy a burger at McDonald’s you probably don’t care who owns the joint but you do care about the burger. Franchises can be easier to sell over stand alone … Continue reading
Reduce Operating Costs of Your Online Business and Increase Profits
Online businesses are increasing at a rate not seen before in any other market. There are hundreds of thousands of e-commerce sites in operation. To have a successful online business you need to be competitive and keeping a tight rein on your business operating costs is critical. An online store has the monthly web hosting cost. Different web hosting companies … Continue reading
Keeping Costs Down When Opening a Discount Store
Today’s consumer loves a good bargain, which is one reason why dollar stores and discount stores have become so popular. These types of businesses present with their own unique challenges in that you aren’t just trying to keep your costs down but you are trying to keep them down so much that you can actually offer products at a discount … Continue reading
