Archive for February 25th, 2005
Deductions Your Small Business Shouldn’t Miss
Nolo: When you’re totaling up your business’s expenses at the end of the year, don’t overlook these 14 common business deductions. Auto Expenses Expenses of Going Into Business Education Expenses Legal and Professional Fees Bad Debts Business Entertaining Travel New Equipment Interest Moving Expenses Software Charitable Contributions Taxes Advertising and Promotion
Revenue Per Employee In Small Business
Peter Hupalo: “Revenue Per Employee is a key ratio for start-up companies. A low Revenue Per Employee in comparison to similar companies is a bad sign, often boding possible failure.”
The Ideal Length Of Your Business Plan
Small Business Buddy: “How long should a business plan be? A business plan needs to be whatever length is required to excite the investor, prove that management truly understands the market, and detail the execution strategy. From surveys of investor needs, Growthink has found that 15 to 25 pages of text is the optimum length [...]
How Entrepreneurs Launch New Products: Experimenting As They Go
Mike Docherty: “[Start-ups and small, entrepreneurial enterprises] innovate, get it into the market and evolve (living or dying by the result). Along the way, they hopefully find a segment of the market for which their product/service creates excitement and word of mouth and build around it. Maybe it’s their critical need for cash flow, or [...]
How To Exchange Business Cards
NFIB: “When someone hands you his business card, hold the card by its edges, thank the person and read the card. You can inadvertently convey disrespect if you grab the card and simply shove it into your pocket. Absorbing what is on the card not only shows that you are interested, it also gives you [...]
The Entrepreneurial Mind: “One of the most facinating parts of entrepreneurship to me is how differently each entrepreneur views what success means for their business. It is so more complex than most on the outside will ever understand.“
