If you want to obtain venture capital, spend the time to understand the following criteria, plan, then work hard to present your investment opportunity in the best possible light. Keep...
With the softening economy driving budget cuts across the board, many small businesses are left wondering how they can compete with the deep pockets of large chains. Consumers are watching...
With the constant deadline pressure of running a small business, it is all too easy to accumulate an abundance of fonts and to lose track of where they came from....
A leader's job is usually to guide others toward a vision of a greater tomorrow. Yet when things are going poorly in the here and now, a good leader moves...
Small business owners often take advice from well-informed, experienced people. After all, they can be quite compelling, as they seem to know better or to know more. When following such...
Businesses of all sizes are faced with fierce marketplace pressures. Leaders try to get their people to do more, while available resources are scaled back in the name of productivity...
As an entrepreneur, you are at your best when you are in sync with your "core purpose." Depending on your beliefs, this could be what you are best or most...
Small business owners who treat their employees as independent thinkers, regardless of level or role, are well-rewarded for their efforts. Many confuse leading with the more authoritarian aspects of parenting—they...
During challenging times, it's particularly tough to imagine new possibilities and creative solutions. In fact, stressful conditions, economic issues, conflict, and uncertainty tend to make many people hunker and bunker....
For most successful entrepreneurs, the idea is the easy part of starting their businesses. The challenge is getting the idea-turned-tangible-product to market. While tenacity, patience, and consistency are main ingredients...
Here's a step-by-step approach to help you decide which program can best serve your business accounting needs: 1. Determine and create a list of the specific types of accounting functions...
If you are a regular C corporation, owners can benefit from receiving tax-free medical expenses paid through the company. However, if you're a sole proprietor, partnership, or an S corporation,...
If you want to give your Web site a quick marketing check-up, follow these tips: Give your visitors reasons to return. Update your site often by offering new products...
There's a lot of buzz these days around small businesses using online video for promotion. There appears to be some justification for all the hype. If you haven't jumped into...
Nature has had more than 3.8 billion years to perfect its survival strategy. Today, innovators and engineers are applying biomimicry practices to design products and solve engineering problems. For example,...
What message does your work environment send to employees and customers about your philosophy and approach to innovation and change? Do you want clients to view your business as being...
To more effectively identify new business opportunities, you have to dig deep and ask lots of questions. Take a step back, and use these questions as a guide to help...
Comparing internal strengths and weaknesses and external opportunities and threats are invaluable, yet often overlooked steps in a CEO's decision-making process. Strengths. Examine your company's strengths by looking at...
What you give and what you take from a negotiation is proportional to the magnitude of the agreement you're working on. So while forgoing minute details in small deals may...
If you've never systematically surveyed customers' views on your organization, you probably don't know what they are. We all need customer feedback to assess the performance of our salespeople, the...
What does innovation mean in your team? For teams involved in research and development or quality improvement, the answer may be obvious. But it isn't obvious for teams that do...
What will it take to make it to the top of your company? A McGraw-Hill survey of some 4,000 managers, including CEOs, asked them to rank the attributes they considered...
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.