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IDEAS FOR A HOME BASED BUSINESS
April 27th at 7:06pm
When starting a home business, you need to keep in mind that not all businesses are going to work well as home-based businesses, and some won’t work at all. Here’s how to get started: Get over the company-name thing. Get your Employer Identification number (EIN). Register your trade name. Get your business license. Complete a business personal-property tax form (if necessary). Ask your locality about other permits. Get a certificate of resale (if necessary). Get a business bank account. Most Profitable Small Businesses Tax Preparation and Bookkeeping. Without needing fancy premises or expensive equipment, tax preparation and bookkeeping services come with low overheads. Catering Services. Graphic Design.Business Consulting. Courier Services. Mobile Hairdresser Services. Cleaning Services. Online Tutoring.If you want your…
HOW TO TRAIN YOUR MANAGEMENT TEAM
April 20th at 5:25pm
If you’ve ever managed or been managed, you’ll understand the critical role that managers play in engaging, motivating and retaining star employees. But, while good intentions do count, managers can only make a real impact in the workplace when they have the knowledge and skills to back them up. So, let’s take a look at how to train managers Educate managers on the importance of their role. Offer managers courses, seminars, and books that will educate them on the importance of their role. Help them understand the business case for management training, and how it could help them become better leaders and coaches.Offer leadership training programs for managers. You can…
BUSINESS ADVICE FROM GARY VAYNERCHUK
April 13th at 5:19pm
Gary Vaynerchuk. Born in the former Soviet Union in what is now Belarus, Vaynerchuk was one of the internet’s earliest adopters of social media to build a following that’s now both highly lucrative and influential. A serial entrepreneur, CEO and co-founder of VaynerMedia, and The New York Times best-selling author, has never shied away from sharing success tips and motivating people to get out there, get stuff done, and find happiness in life and work. Here are some of our favorite Gary Vee success tips that can give you a positive mindset and boost your outbound sales. Focus on the Consumer, Not the Competition.Never Stop Working. Age Doesn’t Matter. Don’t…
HOW TO MANAGE CASH FLOW
April 6th at 5:08pm
Whether your business is growing or struggling, managing your cash flow effectively is absolutely essential, and for many, its the key to business survival. That’s why it’s critical to maintain a level of working capital that allows you to make it through those crunch times and continue to operate the business. Simply put, cash flow management means delaying outlays of cash as long as possible while encouraging your customers to pay it as quickly as possible. Understanding cash flow: Positive cash flow: This occurs when the cash entering into your business from sales, accounts receivable, etc. is more than the amount of the cash leaving your…
HOW TO MANAGE INVENTORY
March 30th at 4:56pm
Inventory is an accounting term that refers to goods that are in various stages of being made ready for sale, including: Finished goods (that are available to be sold) Work-in-progress (meaning in the process of being made). Inventory control is important to maintaining the right balance of stock in your warehouses. … Too much inventory can trigger profit losses––whether a product expires, gets damaged, or goes out of season. Key to proper inventory control is a deeper understanding of customer demand for your products. An inventory strategy is a day-to-day methodology to follow for ordering, maintaining and processing items in your warehouse. For a small operation, inventory management is a fairly straightforward job…
First Down Funding – Industry Leader in Small Business Funding
March 23rd at 9:43pm
Small business funding is an advanced version of providing funding with fixed financing for small businesses. It’s an innovative way to provide business funding with a faster and easier application process throughout the United States. It is intended to quickly give your funding as compared to typical business funding. Fixed financing for small businesses leverages an advanced funding process that goes beyond the business owner’s credit score. Your regular transactions, as well as your business cash flow, play an important role in approving your application. First Down Funding offers fixed financing small business funding on daily, weekly and monthly repayment…
UNDERSTANDING SHORT TERM FUNDING
March 23rd at 4:46pm
Small businesses most often need short-term funding instead of long-term debt financing. Most term funding, classified as short-term, usually have a maturity of one year or less. They must be repaid to the funder within one year. Most short-term funding is often repaid much more quickly than that, often within 90-120 days. Short term funding is a type of business capital funding that can provide your company with quick working capital. Like most other financing, you’ll receive a lump sum of cash upfront which is repaid to your short term funder over a set period of time. Commercial funding are granted to a variety of business entities, usually to assist with short-term funding needs for operational costs or for the purchase of equipment to facilitate the operating process.…
SOCIAL MEDIA MARKETING
March 16th at 4:39pm
Social media marketing is the use of social media platforms and websites to promote a product or service. Although the terms e-marketing and digital marketing are still dominant in academia, social media marketing is becoming more popular for both practitioners and researchers Social media marketing includes activities like posting text and image updates, videos, and and other content that drives audience engagement, as well as paid social media advertising. Social media marketing helps improve brand loyalty. Social media is an effective way to build relationships with leads and customers that lead to greater satisfaction and loyalty over time. … Engaging with your customers and leads on social media helps…