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What can I do to improve my business?
You have limited time and resources to
enhance your business and compete with large businesses
moving in your neighborhood.
Take an example of computer business,
there were many small computer shops selling and repairing
computers in their neighborhoods. Many were making money to
support their families. This industry was taken out by large
computer manufacturer that begun selling direct, outsourcing
manufacturing, and their support. They are paying $10.00 a
day to do the same work you pay $120.0 per day.
Large store chains begun not only selling their computers,
but also came with their door to door support.
Small computer shops have a hard time to compete. Number
one, they have advertising dollars, two they offer better
insurance, and they take stock holders money and sell low to
crush the small business competition.
>>>Read More
Managing your Cash and
Collections
Payroll is up and bills are in and you are
looking at your account and see that you are short. Most
often you work hard and get the customer you are looking
for. You perform your work and then the game of waiting for
they payment to come in starts.
To run your business you need equipment and
supplies. So what do you do? Most of you finance it.>>>Read
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