Archive | Small Business Tips

5 Year-End Survival Tips for Entrepreneurs

Surviving the year-end cash crunch is always tough. This year, it’s going to be even tougher. With economists predicting another ho-hum holiday-shopping season and stripped-down corporate budgets already spent for this year, small businesses are going to have to get creative if they want to keep cash in the bank and revenue coming in the … Read More »

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Hiring Your First Salesperson: How to Pass the Torch

In the early days, you handled finance, production, shipping and marketing. Oh, yes – you were the lone salesperson, too. All of this went along with the title of president. As the company grew, you hired people to replace you in areas like marketing and finance. Through all the personnel changes, though, you continued in the … Read More »

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More Small Business Marketing Through Social Media

Small businesses are becoming more social. With social media, that is. Four in 10 business owners say they use social media platforms, including Twitter, Facebook and LinkedIn, as part of their marketing efforts, according to the American Express OPEN Small Business Monitor, a survey of 726 American small businesses from American Express OPEN. That’s a significant jump … Read More »

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New Tax Deductions for Small Business

Recent legislation has brought about important tax changes for small business owners, affecting the rest of 2010 and the coming years. Everything from expense deductions to startup expenditures have been adjusted to alleviate some of the stress that recession has wrought on entrepreneurs. Here are three areas that small company owners should bear in mind … Read More »

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The Four Things VCs Look for In a Startup

I obviously don’t speak for all investors. But in my experience as an entrepreneur, and now spending my time amongst investors, I can generalize that almost all VC investments in early stage technology and internet investments come down to just four key factors. And they’re easy to remember because they all begin with an m: … Read More »

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BofA to Hire 1,000 Small Business Bankers

Bank of America Corp. intends to hire 1,000 small-business bankers across the country in the fourth quarter of this year and 2011, a company executive said. The bankers will go after small-business clients with revenues ranging from $250,000 to $3 million, said Joe Price, president of consumer and small-business banking. The first hires in the … Read More »

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