Small business marketing includes a healthy mix of PR and advertising. It’s important to understand the strengths and weaknesses of both and work them into your marketing strategy.
Do Small Business owners need a budget even if they don’t have much revenue from their business yet? Find out why budgeting might make the difference between a successful enterprise and a dead weight around the small business owners neck. Discover who must budget, how to budget and why budget for small business success.
Five Fiducial franchisees were right in the thick of things when Hurricane Katrina devastated the U.S. Gulf Coast and are experiencing first hand what it takes to rebuild a small business that has lost everything.
A rise in security threats to small business means SMBs must follow enterprise business in establishing company-wide internet security protocols. Despite overwhelming facts, small business remains woefully unaware of measures that should be taken to protect their intellectual property.
A Small Business Opportunities Magazine is one of the new small business opportunities opening up everyday. More and more companies are looking to outsource for basic services, cutting their budgets in the process and increasing profits. With this happening globally, the small business opportunities available are increasing. This process will only benefit the company’s bottom line, but will also open the door for more employees to own their own businesses and take control of their lives.
In this small article we will be looking at the new opportunities for Microsoft Small Business Server specialists, but rather look at the global business strategy and possible ways of future ERP modules standardizing and interoperability.
Having built a business from a bucket of water and sponge, which started over 25 years ago in a National Franchise chain in 23 states, I feel comfortable discussing entrepreneurship…
Assuming that you’ve determined that you do have what it takes to own a small business, allow us to help take the next step and dive in. You can find as many compelling reasons why you should not own a business as you can find reasons why you should. In the following section, we present many of these reasons.
There are views about the relevance of modern finance which is usually tailored or formulated with the view of large organisations in mind thereby ignoring small enterprises (McMahon et al, 1993). Thus, there is the view that small enterprise financial management has not been developed with the small enterprise in mind. Perry and Pendleton (1983) gave estimation that 50% of small businesses worldwide fail within 2 years of being opened and only 20% survive up to 10 years. A more popular longitudinal study of “small business enterprises’ start and closures” by Williams (1987) report that on a study of 13,780 start-ups over a 13 year period from 1973 to 1985, there were over 59% failures and only 41% survivors.
Everyone is talking about small businesses. In 1993, when it was allowed, more than 90,000 new firms were registered by individuals. Now, less than three years later, official figures show that only …
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