Entries in the ‘Managing Small Business’ Category:
filed in Managing Small Business on Dec.27, 2010
What does small business inventory have to do with profitability?Most small business owners are not inventory management experts and they shouldn’t be. Most of them possess some special skill or knowledge and build their business upon it. At the beginning, it is usually rather simple, even if they sell products – the range of products [...]
Tags: Bookkeeper, Bookkeepers, Business Inventory, Businesses Struggle, Calculating Margins, Cashflow, Complex Products, Complexity Problems, Good Shape, Inventory Management, Management Experts, Part Time, Problem Areas, Profitability, Setting Up Small Business, Small Business Inventory Control, Small Business Owners, Small Businesses, Term Survival, Transparency
filed in Managing Small Business on Dec.26, 2010
Although paid advertising is the fastest way to generate traffic to your small business website, unless you are experienced in managing PPC campaigns it can be very costly. Your alternative is to fully take advantage of free or organic traffic to your website. If you are just starting out online, there will be plenty to [...]
Tags: Business Website, Campaigns, Directions, Free Traffic, Free Website, Generate Traffic, Heading Tags, Ins And Outs, Invitation To Your Party, Keyword Research, Keywords, Meta Tags, Search Engine Optimisation, Seo, Small Business, Target Market, Top Search Engines, Traffic To Your Site, Traffic Website, Web Pages
filed in Managing Small Business on Dec.25, 2010
It’s hard enough managing a small business but when your small business is confronted with fraudulent activity by an employee, it is almost crippling. Five percent of a typical businesses revenue is lost to fraud each year. This five percent adds up over time and unless the fraud is uncovered, it can create cash flow [...]
Tags: Accounts Receivables, Atm Charges, Bank Reconciliation, Bookkeeper, Bookkeeping Department, Cash Flow Problems, Cpa, Dual Responsibilities, Family Weddings, Fraudulent Activities, Fraudulent Activity, Funerals, Longtime Employee, Managing A Small Business, Organization Accounts, Payable Functions, Perpetrator, Resource Constraints, Small Business Owner, Typical Businesses
filed in Managing Small Business on Dec.21, 2010
The “magic,” of course, is energy ordered to the needs of maintaining the integrity of our businesses. For energy to flow there must be a “circuit” for it to flow through, whether we are talking about the simple circuit found in a flashlight or the more sophisticated energetic circuits found in living beings. The kind [...]
Tags: Baseline, Benchmark Performance, Business Energy, Chaos, Consciousness, Definitions, Electrical Circuits, Emotions, Energy Flow, Flashlight, Fleeting Thoughts, Integrity, Least Resistance, Magic, Moods, Nervous System, Performance Standards, Playing Volleyball, Sense Of Purpose, Small Business
filed in Managing Small Business on Dec.19, 2010
Outsourcing all or a part of your firm’s supply chain to third party logistics (3PL) providers has now become the norm across the industry. However, it is important to identify the right provider who can meet your particular requirements and maintain an enduring and healthy relationship, after the contract to engage him/her has been inked. [...]
Tags: Corporate Performance, Corporate Vision, Echelons, Efficiencies, Generalities, Improved Service, Logistics Costs, Logistics Outsourcing, Logistics Provider, Management Support, Managing Relationships, Norm, Outset, Performance Contracts, Performance Parameters, Proclivity, Substantial Portion, Supply Chains, Third Party Logistics, Top Management