BizSugar.com › User › stillwagon428 › Submitted

I recently received the following question from a reader of The Global Small Business Blog: For fear of not getting the sales we'd like this year due to challenging economic times, what are some ways to maintain our existing export sales base, yet squeeze out more profits? Here’s my answer, includi Read More

Because small businesses are always trying to control costs, our natural tendency is to avoid sharing any of the profits. We want to keep it all to ourselves, since there is often so little profit to begin with. However, if you wish to be successful, find a way to take a smaller slice of a bigger p Read More

Working with an accountant usually is a smart strategy for handling your taxes and tax planning. More than 80 percent of small business owners do just that. However, be aware that your accountant may not tell you everything you’d want to know. Read More

The concept of the free giveaway—offering a sample or gift as a way to initiate or build customer relationships—isn't new, but free offers now work in terms of digital products, rather than in free samples mailed to customers' homes or free products offered over the counter. Read More

“Inventory is money sitting around in a different form,” writes Rhonda Abrams in, “The Rhonda Report.” And unless you can sell it, excess inventory can be a huge drain on your profits. Read More

An effective sales letter is designed to help you get an appointment, an opportunity to engage the prospect in a conversation about their business and their needs. So, what do you say in this letter? Let's talk about the three rules of content. Read More

When selling through multiple channels, sales and marketing decisions become more complex. Without a proper understanding of the economics of each channel, you could hurt the profitability of your business unnecessarily. Read More

Remember that brilliant idea you have? Well, it’s going to need some investment dollars. When looking for financing from an outside source, the concept of an angel – an investor doling out some of his or her own cash designated for startups and early-stage businesses – can be a godsend. But how do Read More

Leaders of both the United States and the United Kingdom have professed to take a stand against budget deficits, yet the strategies employed by each country are very different. Which cost-cutting strategy is more likely to succeed? Read More

We all understand how to get and build personal credit: Pay your bills on time. Don’t have too much debt. But business credit? That often seems like a mystery for many small businesses; a seemingly foreign and exotic world to many small business people. But it need not be. Read More