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This month, I'm going to share with you some of the tools that you can implement now so that next summer, you can take a major part (if not all) of the summer off. I've tried to take a summer off before, but because business development is fun for me, I start to 'Jones' for it, if I'm not doing it. Instead, what I do is ensure my existing models a Read More

Steve Strauss, USAToday's Small Business Expert, shared these three tips recently in an interview on BlogTalk Radio. Read More

If you plan on selling your business, it will help you to understand the different types of buyer. Each buyer who inquires will have their own unique reason to want to buy. By talking with the buyer, understanding their needs and then placing them in one of the categories below, will help you understand what they are looking for so you are better p Read More

Today almost no business operates without some kind of scenario planning. Executives take pride in rigorously evaluating wide varieties of potential influences on their businesses, from customer moves to supplier changes, shifts in energy prices, competitive actions and a whole host of other business drivers. Read More

Here's a video from Ann Howard, general business counselor at Small Business & Technology Development Center, University of North Carolina, Wilmington, with tips for small business operation. Howard suggests ideas like a good business plan (one aimed at keeping you focused on where you are going with your business not one to show to investors.) T Read More

Moving into international markets has paid off for under-floor heating systems manufacturer and supplier Warmup plc, but taking time and effort to understand each market has been critical says international director Howard Flood, in a new case study on small business marketing website Marketing Donut. Read More

All business owners exit their business at some point, the only question is whether they are in control of that process or not. When the exit happens one of three things will occur:- * The business will be taken over by an heir * The business will be closed * The business will be sold Read More

Here are 8 tips to keep your customers with you by J. Roy Miller, state director for the New Mexico Small Business Development Centers. In the article, Miller says getting new customers is harder and more expensive than keeping the ones you have so don't give them up without a fight especially in tough economic times. Miller suggests showing your Read More

Robert Miller, a financial journalist with the UK's Daily Telegraph gives tips for small and medium-sized enterprises in an economic downturn. The suggestions including meeting with key staff to determine operational efficiency and reaching out to chambers and other business organizations for help. The suggestions are probably important to consid Read More