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Every once in a while many company finance teams evaluate the profitability of your customer base. One of the important criteria is a measure called days sales outstanding or DSO. Read More

Three big tips that will help you test your business idea and make sure it's a winner. Don't go into a business without knowing whether or not it has a chance to succeed Read More

Recently someone gave me feedback about one of the ads on my blog. The feedback was very pertinent, saying that the ad looked scammish and gave a bad impression of my blog. The ad was about some easy way to make online $2000-$3000 a week Read More

It may not be right, but the credit scoring system really isn't about your financial responsibility. Which is why you might be penalized when you close a credit card account Read More

The credit unions could provide the funding for small businesses and entrepreneurship now lacking from larger banks if Congress could be persuaded to raise their lending limits. What's your opinion? Would credit unions be a good source of loans for small businesses if banks cannot meet the need and should Congress act on this? Leave your comments below Read More

I want to share with you a an experience I had negotiating a contract. During this process it struck me that even though we know there are no fairy godmothers, we still believe they will take care of us.

My boss had once warned me about taking that approach adding,

"You can lose your shirt if you don’t get your pricing right. But you will lose your business if you compromise on your terms and conditions.

Don’t take shortcuts on conditional as there are no such things as fairy godmothers to bail you out."
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One of my friends let me know about this service called Xpenser. Here's a little excerp from their site: We were fed up with how painful expense reports and .. Read More

If you're thinking of buying a franchise as a way to secure your future, you're not alone. The US job market is still pretty tough. Competition for high-paying jobs is quite intense. It's it any wonder that downsized executives and... Read More

One of the worst kept secrets leading up to the emergency budget in June was that VAT would rise. The business world had braced itself for the change and the fact that the increase to 20% is not taking effect until 4 January 2011 actually went some way towards boosting business confidence. Unfortunately, the fact that we have some six months to get ready for change has also meant that many businesses are adopting the ostrich mentality. .. Read More