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You have to know how to identify the opportunities and threats affecting your business in order to set up the necessary measures to react. The best offense is a good defense. Here’s why that matters to you and your business. Read More

Every business must market itself in order to survive the stiff competition in today’s global marketplace. In sales, the more contacts you make, the more you sell. This is the mechanism to puts the law of large numbers in motion. Read More

Some people are born with leadership qualities—others acquire it through experience. Leadership is the ability to lead and motivate a group of people such that you all achieve a common goal. As a leader, your employees aren’t much without you, but more so, you’re not much without them. Read More

Many small business owners do not fully understand their cash flow statement. This is surprising, given that all businesses essentially run on cash, and cash flow is the lifeblood of your business. Like leaving the water running, neglecting your cash flow can flood your business with debt. Read More

One of the single greatest frustrations for small businesses in America is limited access to capital. As the access door to lending closes, American small businesses are seeking capital elsewhere. Here’s why. Read More

If you want to sell your business, it’s much more lucrative to bring in outside help. However, before you consider hiring a business broker and listing your business for sale, there are a few factors that you should consider.
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Depending on your desired level of someone else’s involvement in your company, choosing between taking on investors or a partnership is one of the most important. Read More

All businesses, whether small or large, need to have some long-term goals so that the owners can have a clear vision of what they are working toward. In business, when you fail to plan, you are planning to fail. Growing a business is like running a marathon, not a sprint. Read More

You need to learn the monetary value of your business if you are intending to sell it. This will ensure that you get the right price for the business, according to its current market value. Here's how. Read More

A good credit score forms the basis of small or new businesses. It puts one in a position to acquire funding for issues such as capital expenditures, expansion, employment creation, research, and extension. It remains a key factor toward the growth of any business and guarantees a promising future. Read More