Money

When Customers Spend Less

photo credit: alancleaver_2000 Many business owners today are wondering how they are suppose to make money when the majority of their client base is spending less money. It seems like a catch 22 situation to most. Some experts tell you not to cut your prices as that will cause your customers to expect low prices […]

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Price is Right

photo credit: pfala While business owners watch their costs rise and rise, at some point they have to face the fact that some increase in pricing may be in store for them to redeem their business. But increasing your prices however does not have to in turn cost you your customer base which was recently

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Is It Our Business

photo credit: Tracy O What a difference a few days can make to the trajectory of a transition. At the end of last week, I was prepared to give our new President an “A” for outstanding efforts to create positive momentum. Now I’m thinking he deserves a B-minus at best. Why the shift? In a

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Cutting Payroll Guidelines

photo credit: Heart of Oak Entrepreneurs everywhere are facing the difficult task of needing to start cutting pay roll. But many of them wonder which ones should be cut, how much should they cut and how can they make these necessary changes without too much damage in the work place. Below are a few guidelines

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Ways to Fund Your Franchise

photo credit: @MSG The fact is that franchise companies still want to grow; and many individuals are still chasing the American Dream. Both groups realize that the lack of available credit is hampering their ability to make this happen. Solutions exist, but they often require some out-of-the-box thinking and aggressive efforts on everyone’s part. Third

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Money Saving Ideas

photo credit: pfala Being an entrepreneur is truly a rewarding and wonderful career. However, it also means taking on full responsibility for the finances, equipment, losses, bills and more. So in today’s economy entrepreneurs are looking for ways to save money left and right. Below are a few ideas: Once your business is growing fast

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Fixed Costs are a Liability

photo credit: Elsie esq. Since the dawn of the industrial age, businesses have gotten larger because only the largest companies could afford the large investments required to build mass production facilities. If this economic downturn teaches us anything, let it be that a large infrastructure with high fixed costs are liabilities. New technologies had reduced

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