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    Country-by-Country Etiquette Guide

    Country-by-Country Etiquette Guide
    Every country you travels to for business (or pleasure) might seem similar, but in fact many have hidden customs. Stray from these courtesies and your gesture can be considered rude or offensive. Check out these guides to be sure you are within your boundaries, as well as perform deliberate actions that are considered custom. In addition, these guides will help you ...
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    When to Lower Your Price Point

    You'll pay the price if you swing the wrong way when navigating the price point waters. The price debate is a yo-yo dilemma with serious consequences for your business. How do you know if you should be fighting for every penny or luring in customers with low-price deals? You'll pay the price if you swing the wrong way, so here's a ...
    Rated: +1
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    Family Business: Escaping a Culture of Entitlement

    Family Business: Escaping a Culture of Entitlement
    One of the biggest challenges of a family business is the issue of entitlement. We have seen it many times. Junior is given the title of vice president without ever paying his dues. Members of the cousin generation (third generation) have only known the business as successful and expect it to continue and for the business to just be handed over ...
    Rated: +6
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    Family Business: Teaching Values to the Next Generation

    Family Business: Teaching Values to the Next Generation
    I recently interviewed a young man about growing up in a family business and he shared what he thought were the most important things he learned. I thought the contents were so valuable that I would share them on my blog. I hope you enjoy! I grew up in a family that owned and operated a bowling center that was around ...
    Rated: +2
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    ESOP (Employee Stock Ownership Plan): An Excellent Business Succession Strategy

    ESOP (Employee Stock Ownership Plan): An Excellent Business Succession Strategy
    Due to a lack of succession planning, many businesses dissolve when the founder retires, becomes disabled, or dies. Traditional succession plans include going public, selling to management, or selling to a strategic investor (i.e., one who believes that acquiring the target company will enhance the value of its own business). But going public is not realistic for most closely held or ...
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    Family Business – Managing in Tough Times

    Family Business – Managing in Tough Times
    Today I attended the S. Dale High Center for Family Business and a session presented by Tom Wonsiewicz, Chairman of the Board for Lane Enterprises. The focus of his presentation was managing a business in difficult or slow times. He made several key points which I thought would have value to others. He listed some key actions: 1. Be Realistic – ...
    Rated: +1
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    Your E-Options for Tax Returns Are Plentiful, Helpful, and Mostly Easy

    Your E-Options for Tax Returns Are Plentiful,  Helpful, and Mostly Easy
    Jan. 20--Less than three months remain until April 15, and last Friday, the Internal Revenue Service declared its electronic filing system "open for business," allowing taxpayers the chance to get their refunds quicker. If you're receiving W-2 forms and other statements in your mailbox, you might be itching to begin. It's been a few years since I've examined the options ...
    Rated: +5
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    Family Business – Don’t make business decisions with your heart or family decisions with your head.

    Family Business – Don’t make business decisions with your heart or family decisions with your head.
    This week I attended the S. Dale High Family Business Center and heard Howdy Holmes speak. Howdy is President and CEO of Chelsea Milling Company – better known as “Jiffy” mixes. Howdy also spent twenty years of his life as a professional race car driver before finally returning to the family business. It was an interesting story he shared about the ...
    Rated: +4
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    5 Recession-Proof Industries

    Recession-Proof Industries The rate of job openings and new hires has steadily decreased since 2007, according to data from the U.S. Bureau of Labor Statistics. And unemployment rates are holding fast at 10 percent, which also doesn't bode well. According to the December employment report, 6.1 million people face long-term unemployment. Even though experts are hollering about the impending end ...
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    What To Wear When You Work From Home

    What To Wear When You Work From Home
    h4. What should you wear when you work from home? It's a question I'm asked frequently in my image consulting business, and one that bears thoughtful consideration. For just as your appearance matters when you report to work in the "outside" world, so, too, does it matter when your commute is just down the hall. Now before you snicker at this ...
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    Top 10 Athletes Who Should Have Hired a Good Accountant

    Everyone could use a good accountant to help them navigate the world of finance and taxation, but perhaps no segment of the population is in greater need of good money advice than professional athletes. Several pro jocks pull in more than your average CEO, but with a caveat many of them forget or ignore: athletes' careers last ten to fifteen ...
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    Is the ‘Free’ Model the Smart Way to Do Business Digitally?

    Is the ‘Free’ Model the Smart Way to Do Business Digitally?
    Jul. 20 – First, a little confession. While this story pretends to be about things becoming free, that’s only in the sense of free samples; buy one, get one free; bare bones for free in hopes of selling the deluxe version; free but with advertising. You know the drill. But now free is the new black — chic, essential, even sexy. ...
    Rated: +1
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    Family Business Advisory Boards

    Family Business Advisory Boards
    Statistics tell us only 33% of family businesses transfer to the second generation and only 15% make it to third. Why is it so difficult for a family to pass on the business to the next generation? What causes them to fail? What steps can be taken in order to increase the likelihood of the business succession? I am convinced one ...
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    Family Business: Managing Family Members

    Family Business: Managing Family Members
    One of my passions in life is working with family owned businesses. Family businesses enjoy a success rate far greater than other kinds of businesses. In the US, family businesses provide 65% of all wages. This group is the backbone of our country and will likely be the group that pulls us out of our current recession. This group is not ...
    Rated: +2
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    Shipping 101

    Shipping 101
    Shipping is the roughage in an entrepreneur's diet. Nobody's interested in talking about it, but everybody's got to deal with it. In fact, shipping is one of the most challenging aspects of business for many entrepreneurs. Because the fact is, no one shipping vendor or shipping policy fits all. Much depends on the industry you're in, the kinds of products you ...
    Rated: +2
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    Moving Home to Expand the Family Business

    Moving Home to Expand the Family Business
    Entrepreneur: Justin Gagnon, 31 Background: After graduating from the University of Notre Dame in 2000 with a bachelor's degree in business administration, Gagnon worked for Level 3 Communications (LVLT) in Broomfield, Colo., building order-entry systems. During a short visit home to Danville, Calif., in 2003, to help his father build a Web site for the family catering business, Gagnon came up ...
    Rated: +1
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    How to Cut Credit-Card Fees

    How to Cut Credit-Card Fees
    When shoppers swipe their credit cards at Dollhouse Bettie, a vintage-lingerie purveyor on San Francisco's Haight Street, it used to cost the store 2.3% to 4.2% of every sale, depending on the type of card. Now the retailer pays 1.7% to 3.8%. Co-owner Michelle Athanasiades says the lower rates, along with a bunch of other fees she got her processer to ...
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    How Do I Raise Money for a Business?

    How Do I Raise Money for a Business?
    Inquisitive entrepreneurs and small business owners can find inspiring insights and common sense answers from two industry pros on MainStreet. Each week Dani Babb, a small business expert and the dean of Andrew Jackson University’s College of Business in Hoover, Ala., and Dr. John Rutledge, the chairman of private equity investment firm Rutledge Capital, offer their advice to scores of entrepreneurs ...
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    SCORE: 10 Tips To Grow Your Business

    SCORE: 10 Tips To Grow Your Business
    SCORE, America's premier organization providing FREE counselors to growing businesses offered 10 practical tips to help you grow your business. All 10 points can get a boost by using technology. I've added the technology dimension, resource to each tech tip. 1. Grow your customer base. Understand your customer demographics and why they buy your products and services. Win clients over with ...
    Rated: +7
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    Planning: The Key to Executing Your Ideas

    Planning: The Key to Executing Your Ideas
    Starting a new project means different things to different people. Some people take on new projects with a sense of adventure, while others may take on new projects with a serious sense of apprehension. Me? I tend to fall into the latter group. For me, new projects have always meant dredging up old fears and having to expel them time and ...