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BUSINESS FUNDING FOR AUTOMOTIVE BUSINESSES
May 31st at 10:32pm
Keeping an automotive repair business running smoothly sometimes requires more funding than you have available. The nature of your business requires you to have enough cash to stock the right parts, equipment and supplies, which are essential in providing excellent, timely service to your customers. Like a car, your automotive repair business needs just the right product to make it run smoothly. Your ideal solution is funding that is quick and does not demand collateral, excellent credit, or put your success at risk if you experience a temporary slump in business. What are the best business funding options for auto…
FINANCING FOR YOUR RETAIL BUSINESS
May 10th at 10:18pm
Most every small business need funding and other types of financing, but as a retailer you’re in a unique position. Not only do you need capital to purchase and develop a storefront, but you also must secure inventory to last until you have the cash flow to purchase more. Here are some ideas to keep in mind. Keeping your supply chain moving Although funding and credit cards are the first things you’d probably associate with business credit, your company’s financial history also affects transactions with your suppliers. Securing funding for peak business and restructuring Getting the financing your company needs is critical during the busiest…
MARKETING IDEAS FOR RETAILERS
May 3rd at 9:54pm
If you are running a retail business — whether brick and mortar or online — there are basic principles you need to adhere to in order to drive traffic and turn sales. Having an effective retail marketing strategy is key to the success of every retail operation. Here are some proven retail marketing ideas from experienced business owners and seasoned marketers to help you bring your store to even greater heights. Markdowns. Master the Art of the Window Display. …Loyalty Programs. …Hold Events. …Leverage Social Media. …Start a YouTube Channel. …Rent a Stand at a Local Fair. …Sell Locally-Made Products.
BEST INTERNATIONAL BUSINESS CREDIT CARDS
April 26th at 9:42pm
Traveling is expensive enough. Save money with a credit card that has no foreign transaction fee. Whether you’re sampling local cuisine or shopping online abroad, these are the best cards that give you one less thing to worry about. Best Credit Cards with No Foreign Transaction Fees Capital One® VentureOne® Rewards Credit Card: Best for low interestCapital One® Quicksilver® Cash Rewards Credit Card: Best for flat-rate cash backBank of America® Travel Rewards Visa® credit card: Best for flat rewards rateCapital One® SavorOne® Cash Rewards Credit Card: Best for diningWells Fargo Propel American Express® card: Best for no annual feeDiscover it®…
TIPS FOR BUSINESS TRAVELING
April 19th at 9:27pm
If you’re frequently on the road for work, use these tips to make the most of your time away from home. Business Travel Tips for Frequent Corporate Travelers Use only carry on bags. Lugging a large suitcase through a foreign city or having your luggage lost before your destination is no way to start a business trip. Pack light to keep all your belongings in your allotted carry on bags.Keep essentials packed between trips. Having extra toiletries, chargers, office supplies and business cards already in your bag can save you time each time you travel.Pack dress shirts in plastic garment bags.…
WHAT HAPPENED TO KODAK? A GOOD BUSINESS LESSON
April 5th at 11:55pm
Eastman Kodak Co. is often cited as an iconic example of a company that failed to grasp the significance of a technological transition that threatened its business. After decades of being an undisputed world leader in film photography, Kodak built the first digital camera back in 1975. But several factors made it exceedingly difficult for Kodak to shift gears and emerge with a consumer franchise that would be sustainable over the long term. The transition from analog to digital imaging brought several challenges. First, digital imaging was based on a general-purpose semiconductor technology platform that had nothing to do with…
HOW THE WEALTHY SPEND THEIR MONEY
February 22nd at 11:13pm
Almost all of billionaires‘ wealth lies in the companies they own, in stocks, or in real estate and other assets: “Billionaires don’t see money as something to spend on themselves. Money is there to invest and create. The world’s wealthiest people give a lot of their money away. Philanthropic giving is one of the primary pursuits of the wealthy, particularly among the ultra wealthy, with 36% of the rich, and 57% of the super rich pointing to charitable giving as one of their top interests. After philanthropic giving, the wealthy are interested in finance, followed by sports and the outdoors,…
IS THE STOCK MARKET GOOD FOR MY RETIREMENT?
February 15th at 10:54pm
Every entrepreneur and business person should consider a plan for retirement. The stock market is one of those options that can be part of that plan. Stocks historically have produced long-term gains that are bigger than those of any other asset class. Since 1926, large stocks have returned an average of 10% per year. What’s more, they didn’t lose ground during any period of 20 years or longer during that time. Those qualities make stocks much more appealing for long-term savings than, say, Treasury bonds (which have had about 5.6% average annual gains since 1926) or stashing cash under your…