There’s an old mantra in regards to management that I believe originated at 3M. It’s quite simple and really sheds a good light on how to lead. Or rather what you should deem important in your engagement with the team. It goes like this: Inspect what you expect them to […]
Business Telephone Systems – Upgrade Your Small Business Telephones
There are a lot of business telephone systems to choose from today, and the decision as to which one is the right one for your business can be quite difficult. One of the worst things that can happen in any business environment is that your phone system can’t handle the […]
Startups Must Choose Financing Models Wisely: Bootstrapping versus Angels versus VCs
When a Startup decides to expand using Bootstrapping, Angels, or VCs, it is incorrectly assumed that this choice has to do solely with money. Many advise founders to take the best deal and get the process over with as soon as possible. However, it must be noted that the type […]
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Role of Corporate Finance in a Fiscal System
The sector of finance wherein all the fiscal decisions are taken by conglomerates is called as corporate finance. It also includes the tools and analysis required to formulate such decisions. Corporate finance is majorly involved in capitalizing the business value at the same time as to lessening the fiscal jeopardy […]
How to Identify Your Small Business Differentiator and Why
When you are the owner of a small business, there are times when the scale of bigger companies can overwhelm you. At these times, you may wonder what you have that will make potential customers pick your brand over another. This particular factor is a business differentiator, and it helps […]
Massive Productivity Savers: Online Fax Service and Other Fantastic Ideas
If you’re a business owner or entrepreneur, then here’s a quick riddle for you: What does an online fax service, a notepad, and a mind map have in common? Simple: they’re all key techniques that can save you a great deal of productivity and effort in running your small business! […]
When Bankruptcy Is Not An Option
The purpose of a discharge is to “release an honest debtor from his financial burdens and to facilitate the debtor’s unencumbered `fresh start’”. In re Pelkowski, 990 F.2d 737, 744 (3d Cir.1993) (citing Kokoszka v. Belford, 417 U.S. 642, 645-46, 94 S.Ct. 2431, 2433-34, 41 L.Ed.2d 374 (1974)). The general […]
Small Business Accounting Software – How to Buy
Small business accounting software / Small business bookkeeping software — How to buy. There are lot of small business accounting / bookkeeping softwares out there. If you are a small business owner looking for a good software, you are bound to get overwhelmed by the endless list pretty quickly. Which […]
India’s Retail Evolution
As we understand, retailing involves all activities directly related to the sale of goods and services to the ultimate consumer for personal, non-business use. Simple retailing is maturing into a more microscopic and systematized process. The era of rural retail industry could be categorized into two formats: weekly markets and […]