Depending on whom you talk to, today’s economy is either on a roller coaster, on the verge of a recession, or in a full-fledged recession. Whichever is the case, there’s little doubt that people are anxious about their economic well-being. Some are in danger of losing their homes, some are in danger of losing their
Every business sometimes needs a quick influx of cash. If you’re facing cash flow issues, here are a few simple strategies you can employ right now to fill in the gaps and make sure you’re covered. Ask Your Happy Customers for Referrals If a customer is satisfied with your products or services, they’ll be happy
When you begin a business, you begin a challenge that is unlike any other. Suddenly your life is much more complicated than you ever thought it would be. The case is certainly no different with a food concession business. Some may think that it is much easier to deal with, but that is just not
Why look at ways to save money in your business? Business isn’t about how much you make, but about what you keep – the net profit. Cut an expense, and the savings usually goes straight to that bottom line. Learn a simple way to spend $25 less on electricity each month, for example, and you’ll
One of the key causes of failure of online businesses in their first year is the lack of focus by the owner. There are literally so many things to do in the day that it’s hard to decide which one of the mile-long list is the best task to tackle first. Moreover, there are so
Perhaps you’ve planned it from the beginning, or maybe you’ve taken years to decide. Somewhere down the line will come the time to sell your business, and you want to make sure you come out on top. “I sold my business” is a magical phrase for entrepreneurs. It conjures up of pictures of wealth, leisure
Once you’ve done all of the background work on building your business, it’s time to count down the days until the launch. As the big day draws near, here are the things you need to do to get ready to open your doors. Test Everything Far ahead of your launch, make sure that all of