It may be easy to cut back on all cost-related operations, but just as consumers become wiser with their spending during slowdowns, as a small business owner you too should...
For most small businesses, surviving in a challenging economy requires a greater investment in marketing and promotion. Online marketing and advertising can be a cost-effective way to reach your customers,...
Gaining attention in the media can help your company build market awareness. One way to stand out in today's busy media environment is to contribute your expertise. But positioning yourself...
Many organizations buy software based on analyst or peer recommendations. While this is a better business practice than simply buying blindly, the problem is that no one can tell you...
As we prepare for the next decade, the recession and financial crisis will play a major role in driving the innovation agenda. Most companies will cut R&D and development budgets....
If you're a small-business owner who has spent money to drive traffic to your Web site, you can't afford to ignore those who actually visit. Luckily, online marketing has effectively...
Although we typically deal with medium to large companies looking to get control of litigation preparedness and e-discovery, we also get questions from smaller corporations. Typically these are in the...
As the economic slowdown continues to affect industries of all kinds, many small-business owners have cost-cutting measures in mind. These are moments where cost cuts should be handled with caution....
As more of us look for ways we can reduce our energy consumption, both individually and within our businesses, indoor lighting is becoming a major issue. For small businesses, the...
As we head into 2009, new examples of wind and solar energy initiatives are popping up everywhere. More and more companies are looking for ways to reduce energy spending and...
If you are looking to get more from your search engine marketing investment, take the time to evaluate and fine-tune your campaigns. You may have overlooked some fundamental tactics that...
The death knell of growth comes when you decide that a line of business is too much work for you to keep. Do not dump any line of business unless...
If you have the cash and warehousing space to take advantage of bargains from distressed or failed businesses, now is the time to do so. Do not hesitate to ask...
Premium pricing is bringing down retail giants. If you're a small retail store dependent on premium goods, track your premium-priced products and innovate on how you package and sell these...
Online ratings and consumer reviews have become an important element of many people's purchasing process. Customers increasingly rely on online word-of-mouth in making everyday buying decisions. While small business owners...
As with many absolutely valid aphorisms, "Don't sweat the small stuff" makes perfect sense in one context and yet is completely wrong in another. The expression is usually followed by...
If you lead any kind of service business, the conditions are ripe for you to be the next big winner emerging from the current economic stall. Here's how: 1. Think...
Everyone from cleaning services to high-end consultants needs to repackage their services to keep cost-conscious clients. To do this, focus on essentials. How do you know what is vital to...
Know that vendors can sometimes play a significant role in financing a new business. Partners in one startup persuaded vendors to give them "net-30" terms in order to stock a...
If your small business is in need of funding, be sure to think outside the box when it comes to locating funds. You might start by contacting your state, county,...
Small business banking doesn't have to be a daunting. Here are five tips to help ensure that finding and keeping a bank is a smooth process: Understand the basics....
Here are five items to consider before you approach your bank for financing: Understand that your primary responsibility is the proper use of capital and that you are 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.