OPENForum voted on the following stories on BizSugar

Everyone knows you can’t have a business without customers. However, one of the worst mistakes any business can make is focusing its marketing efforts on attracting new clients while neglecting past and current customers. Read More
If you are in the business of renting property, the IRS is going to take a very close look at your tax return beginning this year and will continue to do so for the foreseeable future. Read More
Every business owner and entrepreneur is tempted to indulge, too. But instead of an extra scoop of chocolate peanut butter ice cream, small business owners indulge themselves with business spending that's counter-productive or worse. Read More
Like people, healthy businesses can become "sick" very fast. Things can change in a matter of months - more of this is likely to happen in the current weak economic recovery. So what are the early signs that your business is in trouble? Read More
No matter how profitable your corporation is, earnings are diminished by the taxes that have to be paid on the profits. Here are three perfectly legal ways to receive income on which no taxes are paid. Read More
t's easy for your personal finances to get tangled up with your business finances. But no matter what type of business you're running, it's a good idea to keep your personal finances separate from those of your business. Read More

Your Biggest Customer Just Walked - Now What?

Avatar Posted by stillwagon428 under Finance
From http://www.openforum.com 4979 days ago
Made Hot by: James John on April 11, 2011 12:39 am
Last week, you were successfully running a very profitable $5 million company. Then, the unthinkable happened. You lost your largest customer. Unfortunately, without them, you are now running an unprofitable $2 million company. What are the first steps to take to rebuild your business? Read More
With corporate profits rising and consumer confidence showing increases as well, it seems that the economic recovery is finally beginning to take hold. But does that mean consumers are ready to start spending? Not necessarily. Read More
Independent businesses may find themselves at a disadvantage, however, once large corporations catch up and resume luring candidates with hefty salaries. Instead of trying to beat large employers at their own game, small companies can stand out by offering innovative benefits and perks that suit th Read More
If you’re not making your sales and profit goals, it’s easy to blame it on the economy. But sometimes, the culprit could be your mindset. Read More
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!