Archives: March 2010

Why Cloud Storage is Feasible in 2010

Posted by: Today's Tip Contributor on March 31

With most emerging technologies, the hype is bigger than the reality. A welcome exception is cloud storage, which is enabling many organizations to achieve major economies of scale and greater...

Nice Guys Really Can and Do Finish First

Posted by: Today's Tip Contributor on March 30

Most investors will tell you that when listening to a pitch for investment money, the one aspect that's as important if not more important than the product or service the...

Know Your Investors

Posted by: Today's Tip Contributor on March 29

Many entrepreneurs ask me about the best way to approach an investor to seek funding for their business ideas. This is an extremely important question, but you would be surprised...

The Power of a Compliment

Posted by: Today's Tip Contributor on March 26

For your employees, one of the best things about completing a long or taxing project is presenting it to you and getting your endorsement, along with a compliment for a...

Turn Failure into Opportunity

Posted by: Today's Tip Contributor on March 25

All companies are concerned with failure and are hesitant to fail, but often it's through failure that a company can grow and be stronger. History is filled with businesses that...

Be the First to Fail the Fastest

Posted by: Today's Tip Contributor on March 24

One thing that seems to be consistent in business—regardless of industry, size of the business, or market share—is that the first attempt at something may not always work as planned....

Web Site Design Is Easier Than You'd Think

Posted by: Today's Tip Contributor on March 23

Businesses have about 90 seconds to make an impression online. With so much riding on brief encounters, many organizations incorrectly assume Web design will be a complicated and drawn-out process...

Great Presentations Are Your Best Calling Cards

Posted by: Today's Tip Contributor on March 22

Powerful visual presentations with great charts and graphics can make all the difference. They are critical to winning new business. They reinforce your brand and build your reputation. Visuals can...

Align Your Business and Personal Planning

Posted by: Today's Tip Contributor on March 19

Through the economic downturn, a majority of business owners lost wealth in the form of business value and at least as many lost personal wealth in the stock market. For...

One Consultant's Take on Millennials

Posted by: Today's Tip Contributor on March 18

Business leaders I talk with are perplexed—even agitated—by the attitude of entitlement that seems to have overtaken the Millennial generation (those born after 1980). To get a first-hand look, I...

Expanding Your Mobile Marketing Vision

Posted by: Today's Tip Contributor on March 17

With more than 276 million mobile subscribers in the U.S., the mobile marketing opportunity is real and it's here for your company right now. But as you consider how your...

Is It Time to Mobilize Your Business?

Posted by: Today's Tip Contributor on March 16

The eyes of the mobile world are focused on the battle between Google and Apple. While many of us are busy comparing device features and the depth of App Store...

Pricing Strategies for Challenging Economic Times

Posted by: Today's Tip Contributor on March 15

During challenging economic times, companies often struggle with pricing strategy. While pricing may seem simple, the strategy behind it can be very involved. Here are a few tips to consider...

Just Because You Can Search, That Doesn't Mean You Can Find It

Posted by: Today's Tip Contributor on March 12

As businesses evolve, so does business-critical information—both in make-up and volume. The economy may be stalling, but the rate at which it churns out data is not. IDC estimates that...

Building a Great Team

Posted by: Today's Tip Contributor on March 11

In business and in sports, having great players at every position can make the difference between success and mediocrity—and even failure. Not all companies are positioned to attract the best...

Learning from the Journey from Wall Street to Main Street

Posted by: Today's Tip Contributor on March 10

If there’s any work environment that teaches you how to remain cool and collected under pressure, it’s a trading desk on Wall Street. With millions of dollars at your fingertips,...

Find a Payments Strategy That Fits Your Business

Posted by: Today's Tip Contributor on March 09

While the U.S. government has made investments to help buoy the economy, small business owners know they must find ways to control their own business viability. One such way is...

Bring Your Business into the Future

Posted by: Today's Tip Contributor on March 08

It is important to make sure you have the right processes and core components in place to ensure that your business will not just survive but flourish in the coming...

The Trade-Offs Involved in Executing a New Project

Posted by: Today's Tip Contributor on March 05

After tackling a program, project, or business development problem, try a different approach to evaluating your efforts. Revert to the manufacturing mantra: input, through-put, and output. Assume, for example, your...

Changing the Way You Do Business in 2010

Posted by: Today's Tip Contributor on March 04

While not every company has to work on recession-proofing its business, all businesses should look at ways to maximize what they do and how they do it. The time has...

Flexible Teams

Posted by: Today's Tip Contributor on March 03

No one individual has all the necessary talent, skills, resources, or time to do everything. Very often your staff will need to work in teams, if only temporarily, in order...

Tax Planning for Family Business Succession

Posted by: Today's Tip Contributor on March 02

One of the central challenges facing small business owners is how to keep ownership of the business in the family. Studies have shown that less than a third of small...

Ways to Avoid Needing External Investors

Posted by: Today's Tip Contributor on March 01

Bootstrapping, the practice of avoiding external investors when building your business, is a popular approach for small business owners who are seeking to circumvent the current credit crunch. Here are...

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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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