One of the most crucial areas of decision making for retailers is pricing. Yet, we have found that small firms often do not have well-conceived pricing plans. Joel R. Evans and Barry Berman started their six part series on Developing Your Pricing Strategy with this painfully accurate observation. The series covers: Developing Your Pricing Strategy…
Jeff Cornwall, Belmont University: “Moving into the real world” used to be a standard phrase used as students prepared to leave the protected confines of the university and headed into the workforce. But as a student entrepreneur once told me as she was wrestling with balancing her new venture, class projects, final exams, and a…
With only 6% of new small businesses getting funded by bank loans, small biz survivors raise their money creatively. Lots of small biz people turn to family and friends, partially because rural families tend to live close together. Rural banks play a role, too. If it ain’t an ag loan, many rural bankers ain’t interested!…
Yes, tax time is rushing upon us here in the USA. Inc.com has a slideshow of 10 Tips for Your Business about taxes. You’ll find it with the other great slideshows at Inc.com. Also, you may think the Internal Revenue Service is the last place you would turn for help, but you ought to check…
Want to delegate more work to your computer? Here are two thoughts for today. First, templates are a great way to delegate work to someone else. I guess you could call it pre-delegation, because someone already did the work before you even asked. PigPog has a whole post of useful templates this week. Don’t forget…
The Creative Commons license protects creative works with more flexibility than a standard US copyright. “Creative Commons helps you publish your work online while letting others know exactly what they can and can’t do with your work. When you choose a license, we provide you with tools and tutorials that let you add license information…
Blogs: Small Business is a directory of blogs focused on small business. “Its purpose is for small business owners to find what they need without having to search all over the place and dig through oodles of categories to get to just the right nugget of information.” Each blog submitted is reviewed before being posted,…
By JSLogan There are only four things you really need to do [to] build a successful business – and here they are: Tell Me Why I Should Do Business With You. If I’m not clear on what you do and I benefit from what you do, I have little chance of being your customer. Tell…
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