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Small-Business In Box: How to research the competition
Los Angeles :: CA :: USA | 3 years ago
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Use Google to set up alerts that tell you when your competitors are in the news. Also explore rivals' websites and other places — newspapers, blogs and consumer reviews — where they are being discussed, said Todd Foulks, vice president of a New York
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Keep spending in check to help stay current on loan payments
Los Angeles :: CA :: USA | 3 years ago
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What's the best way to stay current on loan payments? Answer: Manage cash flow closely and be vigilant about bill payment deadlines. "Late payment on any bill may have a negative impact on your credit score," said Esra Alev, vice president of small-
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Getting gardening firm off the ground takes nurturing
Palo Alto :: CA :: USA | 3 years ago
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Make sure you are passionate about gardening and knowledgeable about the industry. Be persistent in setting and meeting start-up goals. "Change can only occur when you make a conscious decision to make it happen," said Tamara Monosoff, author of a
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Getting a loan after a bankruptcy is tougher, but possible
Los Angeles :: CA :: USA | 3 years ago
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The bankruptcy will affect your credit rating for at least seven years. But you may get a loan before then if your company is profitable, said Bob Seiwert, a senior vice president at the American Bankers Assn. If you have a business partner with
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Taking stock of inventory can help cash flow
Glenview :: IL :: USA | 3 years ago
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Most companies stock items that are not selling or selling too slowly, said Sheldon Kopin, a consultant at JBS Associates in Cincinnati. "If possible, return these items to your supplier for credit, or exchange them for better-selling products," he
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Personal touches improve customer service
Los Angeles :: CA :: USA | 3 years ago
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Personalize interactions with your customers: Call them by name, ask about their families, suggest purchases for them. Be on time for appointments, when answering inquiries and with your shipments. "Make sure that the first and final elements of your
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Hiring a collection agency? Research it first
Los Angeles :: CA :: USA | 3 years ago
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How to respond to a tax audit, and how long to keep financial records Dear Karen: How do I choose a collection service for my unpaid invoices? Answer: Ask agencies about their recovery percentages, their rates and whether they have experience with
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Can't afford an assistant? Consider a virtual one
Silver Spring :: MD :: USA | over 3 years ago
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I need help in my new business but can't afford an assistant...Answer: Entrepreneurs who lack funds or space for employees often use virtual assistants. Paid $20 to $70 an hour, these assistants -- working outside the office -- perform such tasks as
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Social media in the workplace carries risks
Omaha :: NE :: USA | over 3 years ago
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Like e-mail, social networks can expose businesses to viruses and computer hacking. Employees should be careful about clicking links or interacting with people they don't know. Employee training and written policies can help, said Mike Hrabik, chief
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Short and easy-to-remember Web domain names are best
Los Angeles :: CA :: USA | over 3 years ago
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Your domain name should reflect your company and what it does...Keep the domain name short and easy to remember, said David E. Ross, a retired software engineer and expert on domain names. "The exception is if you come up with a longer domain that's
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