Tagged by: "Business Banking"
Is it too early to declare 2016 the "Year of the Small Business Sale"? According to BizBuySell.com, completed sales of small businesses are higher in 2016 than they've been since before the recession. And it's no wonder businesses are selling! Purchasing an existing business gives you a client list, cash flow and workforce right from the get-go. Read More >
What type of American businesses combined exceed the gross domestic product (GDP) of Brazil, Canada and South Korea — or the combined market capitalization of Apple, Microsoft, GE, Google and Sony? If you answered, "women-owned businesses in the United States," head to the front of the class! More than one-third (36.3 percent) of privately held businesses in the United States are now owned by women, up from 28.8 percent in 2007, according to the U.S. Small Business Administration (SBA). Read More >
You can use a myriad of ways to communicate with your customers — email, text, video conferencing and more. But to build the lasting relationships that are the cornerstone of many businesses, there's still nothing like a face-to-face meeting. And in many cases, that means you have to travel. Use these tricks and tips to minimize the hassle and maximize the effectiveness of your business travel. Read More >
Your off-season is a perfect time to gear up your marketing efforts to put your business in a position for greater success when the peak season begins again. Your goal is twofold: 1) be sure customers from this year's peak season remember you next year and 2) attract new customers. But be forewarned — some steps need to be taken during your busy season to maximize the effectiveness of your efforts. Here's a guide. Read More >
As a savvy business owner, you know that cash flow is the fuel that drives your business. It can help you get from where you are to where you want to go. And if you run dry, it means trouble. If you are managing a seasonal business, controlling cash flow can be even more challenging than it is for year-round businesses, but the following tips can help keep your finances afloat through the seasonal highs and lows. Read More >