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Your Competitor Lowered His Prices: Don’t Panic, Follow These Strategic Steps

As the economy continues to struggle, many small business owners are finding that they have to compete more and more for consumers’ attention and wallets. It’s no secret that price can be a huge motivator in people’s minds today as they go about making their purchase decisions. In an attempt to keep their sales levels up, many [...]

Using Drop Shipping for Your Small Business

One of the keys to small business success during difficult economic times is finding the right balance between doing things in-house and outsourcing those tasks. Small business owners looking to keep their inventory stocks low and their cash flowing may want to consider using the services of an outside drop shipping company.     Drop [...]

Tips for Using a Virtual Assistant in Your Business

The use of a virtual assistant (or VA) can be a cost-effective and efficient alternative to hiring on-site employees. But, just like most things in life, one needs to know how and when to use them in order to maximize the benefits.   But before we can discuss the ways to maximize the use of [...]

Troubleshooting: When Your Business Isn’t Making Money

The reasons why a business would fail to post a profit are many. According to the Small Business Administration (SBA), the majority small businesses take at least a year to show a profit due to the fact that it takes some time to generate enough revenue to cover the company’s start-up expenses. There are other [...]

So Your Business Turned One-Year Old… Now What?

As a new small business owner it may be very gratifying to develop and sustain a business for an entire year- especially if you are doing so under adverse economic conditions. But keep in mind as you celebrate this one-year milestone that there will still be a significant amount of work to do to help [...]

Essential Small Business Twitter Tools: A Compilation (Part II)

In the spirit of the iPhone, the emergence of every great new technology these days leaves in its wake a clamor of software developers racing to build the applications that will enhance its usage. Twitter is certainly no exception. If you are just now beginning to integrate Twitter into your business operations the good news [...]

Top Small Business Resolutions in 2010

 As the year and a decade come to an end it is time to both reflect on the past and plan for the future… I recently came across this survey conducted by the Pew Institute which examined popular attitudes on the most notable technological and social changes of the past decade. According to half of [...]