Archive for category Intro To Small Business

17 “Must Ask” Questions for Planning Successful Projects – Small Business

17 “Must Ask” Questions for Planning Successful Projects
By Adele Sommers
Editor: For more by this author click on the tag Adele Sommers below. In this article Adele tackles a simple way to plan your successful projects. In small business, this is absolutely critical for two reasons. First, owners have a tendency to be people who prefer [...]

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For Small Business It Can’t Be All About The Benjamins — Passion Counts

There are a lot of people who start their businesses because they believe their ideas are fabulous and unique, and they also believe that the operation of a small business is going to make them rich. Often they believe riches will follow quickly if they get their businesses going.
Sadly, it is almost never the case. [...]

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Making Sales #smallbizIQ

You’ve started or are thinking of starting your own business because you know that you have a great product or service to sell.  Hopefully you have already identified your niche market and are fully prepared to discuss the unique values that your service or product will bring to your customer.   
This is called a value [...]

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Financial Plans #smallbizIQ

Your overall business plan should contain seven carefully considered components.  Of these  seven components, your financial plans are of the utmost importance to potential investors or small business money lenders.  It is best to consult a professional business accountant to help ensure that you are stating your financials according to industry and state and provincial laws. 
Having [...]

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Four Musts of Effective Small Business Plans

Four Musts of Effective Small Business PlansBy Peter McLean
In order to leverage its talent, ideas and energy to create a high performing company, a small business must be focussed and clear on precisely how it intends to conduct its affairs. Small business plans create this clarity and focus. They take the critical issues [...]

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Hiring Information Technology And Computer Experts #smallbizIQ

Hiring expertise for your small business as you require it makes good sense.  Why pay a computer programmer or web designer a full-time salary when you know you will only make use of their skills on an as-needed basis? 
Here’s some information you’ll find helpful when you decide to hire an Information Technology (IT) professional.  It’s [...]

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If You Are Asking This Question About Small Business, Don’t Leave Your Job, and Don’t Start A Small Business

When times are tough economically, there is increased interest in starting one’s own small business, particularly because more people are unemployed and it’s harder to find a regular job. People start considering the idea, playing with the small business notion mentally, and exploring it. Some are serious. Some less so. Some are equipped to succeed, [...]

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Try Friendship Instead of Networking (particularly if you are introverted)

All of us have been told that networking is critical to success in business or in our careers. I never liked it. It seemed too much like going door to door as a salesperson, and I didn’t start my small business to be a salesperson.
I remember, early in my company’s life, going to a meeting [...]

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The Reality of Business Setbacks #smallbizIQ

There are many ways a small business owner can react to a business slump or a setback.    Giving up and ‘closing your doors’ is one option.  Not a viable one, since it means giving up your dream.  If you intend to persevere there are key issues to keep in mind that may help you get through [...]

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Seven Documents All Small Businesses Must Have To Be Successful #smbiz

Seven Documents All Small Businesses Must Have To Be Successful
By Chris Le Roy
When many small business owners start out thinking about building a small business, they are often mislead into believing that the only document that they need to succeed is a Business Plan. In fact this plan is only one of seven documents [...]

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The Five Stages of Change for Small Business Owners (Great for owners and coaches)

The Five Stages of Change for Small Business Owners
By Susan L Reid
Change is a tricky thing. If you are someone contemplating the changes that will occur by becoming a successful small business owner, it will be helpful for you to have a bird’s eye view of where you are along the continuum.
To that end, [...]

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Appeal To The Heart Marketing For Small Business

It’s always a good practice to observe how others market their business, or create a positive brand image in the minds of their customers or prospective customer. One can learn from simply watching from the comfort of your living room as you watch TV, even.
The Major League Baseball (MLB) All-Star game for 2009 was played [...]

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Your Business Reflects YOU! (Are you the worst enemy of your small business?) #smallbizIQ

Your Business Reflects YouBy Lisa Temperley
Over the years working with dozens of different businesses, I am struck by how a business reflects the attitudes and behaviors of the owner. I am also struck by how few owners realize this simple fact.
I have heard it said by owners so many times, ”you can’t get good people [...]

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Start-up Knowledge and Skills for The Small Business Owner #smallbizIQ

It’s a great idea to sit down and  prepare an inventory of your knowledge and skills that you can bring to your new business enterprise.  Self-knowledge is an essential asset that can help you prepare to handle all that entrepreneur-ship will bring your way.   The book  ‘Perfect Phrases for Managing Your Small Business’ guides you through the self-assessment [...]

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What Distinguishes Failed Small Businesses From Successful #smallbizIQ

The key to success in small business is actually found in the ability of the owner/manager to MAKE EFFECTIVE decisions.
From Perfect Phrases For Managing Your Small Business:
“In fact it may be the that the single most important determinant of small business success is effective decision making. Make the right decisions and you prosper. Make bad [...]

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