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Making the big sale is often the dream of a small business owner. Without proper funding, though, the dream can become a nightmare. When striking a deal, be prepared to avoid potential money-related pitfalls.

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No one would recommend a Chicken Little approach to running a business. Successful entrepreneurs don’t generally spend all of their time obsessing about what might go wrong. However, there’s a fine line between maintaining a healthy optimism about your business’s future and wearing blinders that pr Read More

Entrepreneurs face a dilemma every time they make a decision. They are constantly weighing the present and the future, trying to benefit both but often sacrificing one for the other. But that’s what makes entrepreneurship so risky, right? The unknown outcomes?

In The Dilemma of Entrepreneurial D Read More

As you prepare to jump-start your new enterprise, you've probably considered the many benefits that an effective website can have on your ability to succeed. A professional website has the power to attract potential customers and increase your sales conversion rate. The best way to legitimize your Read More

If you’ve been thinking about applying for a bank loan but feared that, in the current climate, you’d get turned down, you might reconsider. The reason: At long last, lending seems to be on the rise. That said, getting a loan or line of credit still is challenging. Read More

A few weeks ago, I stopped into a business in my hometown that had a large banner hanging out front, proclaiming the phrase “Happy Holidays!” I didn’t really pay much attention to the banner until I went inside, where I overheard the owner of the shop bemoaning the community’s response to the banne Read More

The most common New Year’s resolutions are: lose weight, exercise more and save more money. While your business may not need to shed pounds, most small business owners can agree that saving more money -- that is, cutting costs and keeping more of what you make your own, rather than writing a check Read More

Many think that if no 1099 is issued, they don’t have to report the income. This is not, in fact, true. We are supposed to report all income, no matter how small. Read More

“Let's go shopping!” That was the line I would use at least twice a year when I was the head of a large consumer products company. You see, we were in the bicycle business, and everyone knows what a bicycle is, and why people buy them. Or do they? Or perhaps, do they think they do and don’t? Read More