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Archive for July 2015

How you look at your business….

Do you believe what you see or do you see what you believe? Step back and look at your business. What do you see? Do you see what it could look like if you make your dreams become a reality or do you see all the things that you are lacking?  What you see is…

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A business success deterrent…..mediocrity….

“I’m covering my expenses!”  When a business owner tells me that, I know that he is settling for minimal rewards for his efforts. When the business idea was first conceived, there were no limitations placed on the future. Something happened between the start and the current business status. Perhaps the harsh realities of what it…

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Spouse of business owner an important……….

A small business is essentially a family operation, especially during the first few critical formation years. For whatever reason the business was started, it will have a major impact on the family. The two main areas of concern are financial and family relationships.I know of very few new businesses that have not begun their existence…

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Social media may have all the glitter,but…………

This morning I attended a powerful presentation which offered a dynamic overview of social media and which of the major social media sites offered the best outlet for different types of businesses. In attendance were approximately 50 small business owners; all listened attentively to gather as much information as possible. Near the beginning of the…

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Understanding business revenue streams…

Even in a small business there may be multiple revenue streams.    Revenue streams are derived from different market segments or they can come as an additional revenue stream from an existing customer segment. In examining revenue streams it is important to remember that cost must be subtracted from revenues in order to determine earnings. Too…

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