Making a business more efficient can help your business to be more profitable and nimble. Streamlining your business is something each business owner should take into consideration every few years. When you step back to see your processes and your spending critically, you always find a way to do it better. Focus On Paper Consumption quick facts series. Each year, … Continue reading
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
As a freelancer what’s most important is that you get paid for the work you do. The occasional client might be alright with paying you when the project is done without an invoice, but for most the invoice is required. If you don’t send the invoice you won’t see your money. So invoicing isn’t something you do when you get … Continue reading
In times of economic downturn, many people pull back within their business in fear of what could happen. It is a good idea to be more frugal and to cut costs where it is necessary and possible to do so. However, there are many opportunities a downturn can offer to your business. One of them is the space to launch … Continue reading
The online business community is the fastest growing market in the entire world. The number of websites out there is more than 70 million and every day more are created. Never in our history has it been so easy for an entrepreneur to open a business and make money. Many of us have been raised in an environment where small … Continue reading
Part of operating any business is the partnerships we forge. As a business owner, you continuously embrace new business partners and the global opportunities they represent. It’s very important that you are able to diminish any operational threats these relationships might cause. As your company develops its risk management process, strategies include knowing what your business must examine before ever … Continue reading
(source: Wikipedia) As a Small Business Owner, you tend to carry your work home (if you are not already working from home). It is essential that you have access to all your data and software at office as well as at home (and sometimes even from a client location). Making multiple copies of files and transporting them back and forth … Continue reading
Sometimes doing a project is a solitary task – you have to plan things and just get them done. Most times, however, it requires inputs from others. It is at times like these that using a project management (projects software) tool makes a huge difference. It not only helps in organizing, scheduling and prioritizing it also helps in collaboration. Here … Continue reading
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
Great, you’ve decided you would like to do some freelance writing for magazines, Ezines, newspapers, and online content. Sadly so have millions of others, so how do you plan to stand out among your competition? It’s really simple You must be memorable You must do it better You must be more competitive Experts in their field are in demand and … Continue reading
