Debt And The Small Business Owner
In her list of 10 Causes of Small Business Failure and How to Avoid Them Michelle Witham does an excellent job of discussing the common pitfalls for small business owners. It is interesting that out of the 10 reasons she discusses for small businesses failing, shortage of money comprises six of them.... More
Senate Attempts Adding Small Business Perks In Final Stimulus Package
We’ve heard it Ad Nauseum over the past few days. The stimulus package doubles the amount Small businesses can expense in the purchase of equipment. That is the biggest (and really the only) advantage to small business in the stimulus package as it came out of the House. But now it’s in... More
IBM Poses Challenge To Microsoft For Small Business Market
It’s called the IBM Small Business Suite. Such a simple name for a product that has earthquake potential in the Small Business Software market. According to E Linux Apps.com, this software package offers the following things: The IBM Small Business Suite is an integrated set of market-leading... More
Final Agreement Reached On The Economic Stimulus Package
It has taken a very long time to happen, but Democrats and Republicans in the House have cooperated together with the President to get something positve done for the American economy. Thank God for election years–or this never would have happened. According to a Bloomberg report, there are several... More
Trimming Your Tax Bill
In any business there is a front door and a back door. The front door represents incoming revenue and the profits it generates. The back door represents outgoing revenue which adds no value to the business. Certainly, anything that goes out this back door reduces the profitability of the business and... More
The Danger Of Assuming Your Customers Know What They Need
One of the pitfalls of a small business is misdefining its customer base. Some small business owners get into the rut of thinking their customers are limited to the folks who walk through their doors. Someone has said a rut is just a grave with both ends knocked out of it. That is certainly true in this... More
A Survival Kit For Small Businesses During A Recession
Recession affects everyone in our economy. Manufacturers, distributors, retailers and consumers are all negatively affected when the winds of recession begin blowing across the plains of a free market economy. But no entity on the business side of the equation is more impacted than the small business... More
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