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Archives: March 2007

What, Me Worry?

Posted by: Rod Kurtz on March 29

Most small businesses don't focus on protecting the security and privacy of their customers' personal and financial information because they believe they are too small to get caught for violating...

A Good Question to Ask

Posted by: Rod Kurtz on March 28

When facing a problem—whether a daily annoyance or an all-out crisis—a good question to ask yourself is: "What is needed here?" Without a fresh orientation, your ego can lead you...

Buy-Sell Agreements for Shareholders

Posted by: Rod Kurtz on March 27

A buy-sell agreement provides for the buying and selling of the stock in a corporation (usually a small closely held corporation) of a withdrawing shareholder. This agreement benefits both the...

Addressing Tough Topics at Work

Posted by: Rod Kurtz on March 26

When confronted with the need to address tough topics, small-business owners tend to choose from a small set of traditional approaches: plain talk, diplomacy, or avoidance. Some small-business owners exercise...

Responsibility to Rest

Posted by: Rod Kurtz on March 25

Time off is not a luxury; it's a responsibility of small-business ownership. As the weeks click by, it's easy to catch yourself thinking that a vacation would be an indulgence...

Using Language to Level the Online Playing Field

Posted by: Rod Kurtz on March 22

Approximately 78% of today's Internet users are outside of the U.S., which means that any company with a Web site is already a global company. Understanding how to leverage the...

What VCs Don't Want

Posted by: Rod Kurtz on March 21

Business plans go into the "no" pile for many reasons. Here are three "ratio pitfalls" to avoid when seeking funding from venture capitalists. 2:3:1 Two to three minutes per slide?...

Key Contracts for Small-Business Success

Posted by: Rod Kurtz on March 20

Without airtight, well-thought-out contracts, businesses may be in legal jeopardy. Companies need to retain a lawyer and make sure that business agreements are comprehensive, well thought out, and protective. The...

Cut Your Communications Costs

Posted by: Rod Kurtz on March 19

Trim down your operating budget by reevaluating your communication tools. With the combined cost of smartphones (BlackBerries, Treos, etc.), the numerous service plans needed, and a constant flood of new...

Start Your Tax Prep Now

Posted by: Rod Kurtz on March 18

Putting off doing your taxes only increases the likelihood that you will make needless mistakes and miss legitimate deductions you could be taking. Start with last year's tax return. If...

Hiring the Right Patent Attorney

Posted by: Rod Kurtz on March 15

If you are interested in protecting intellectual property, it is important that you begin the patent filing process before discussing your technology with any potential partners. To protect your intellectual...

E-mail Use and Abuse

Posted by: Rod Kurtz on March 14

Communication in the workplace has changed dramatically over the past 10 years. Electronic communications such as e-mail now exceed traditional communication media. While e-mail provides many benefits, it has also...

Harnessing People Power Is the Toughest Challenge You'll Face

Posted by: Rod Kurtz on March 13

If each employee is an "X" in a company's success equation—and a greater factor the fewer employees there are in the company—why is hiring given short shrift by so many...

Building an Internal Business Development Team

Posted by: Rod Kurtz on March 12

As you know, an effective business development strategy is essential to growing a small business. Yet many businesses choose to outsource this critical function, especially in the early stages. Over...

Avoiding an Audit

Posted by: Rod Kurtz on March 11

Of the more than 100 million tax returns submitted to the IRS each year, fewer than 2 million are subject to closer examination. But the more money you make, the...

Be Flexible With Your Employees

Posted by: Rod Kurtz on March 08

Value your employees and understand that just because your company is small doesn't mean you have to operate that way. A key to getting a small business to work is...

Communicate Strategically

Posted by: Rod Kurtz on March 07

Map out your communications strategy with outside consultants, such as a public relations or analyst relations team, before you talk to any media or analysts. It's important to know what...

Focus Groups: How They Can Work for Your Small Business

Posted by: Rod Kurtz on March 06

It is widely assumed that focus groups are reserved for large corporations that can afford the cost of using professional market research firms. Smaller businesses, however, are now running successful...

The Demo Imperative

Posted by: Rod Kurtz on March 05

Every entrepreneur is faced with a tough choice: Do I demo my new product or service as soon as I can, or do I wait until it's fully polished? I...

Fighting Online Fraud

Posted by: Rod Kurtz on March 04

Small online merchants often don't get serious about security until they are hit with serious fraud. Here are some simple tips to improve e-commerce security for little or no cost:...

Taking Time for Training

Posted by: Rod Kurtz on March 01

We all know that time is money. We also know that investing time into training can often lead to more money by helping create a more qualified, productive workforce. In...


Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.

To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.

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