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Few doubt that we should trust our gut but how many actually follow through on what our intuition tells us? Follow your gut can be a case of “easier said than done” in situations that really count. Yet, all business success stories include several tales of risks and decisions guided by the entrepreneur’s gut.  As a small business owner facing tough decisions daily on business issues as vast as financing, sales, profit, hiring, contracts with new vendors,Read More
Seventy-five percent of small business owners who are optimistic about business growth in 2017 attributed their optimism to technology¹. That’s good to know but the “what” and the “when” are key questions that need to be answered to ensure a smart investment in technology for your small business. Afterall, cash flow is tight and business financing must be used wisely. Sharp gut intuition is a key trait of successful business owners, but so is discernment. HowRead More
In the busy life of a small-business owner every day is a step closer to success. Sometimes the pressure of doing so much by yourself clouds the picture. Following are 3 tips to help bring success into sharper focus. 1. Renegotiate Prices With Vendors Every quarter, choose 1-2 items that you buy from vendors that can be renegotiated or obtained from a less expensive or more efficient supplier. Assign the goal to your top achiever or anRead More
Speed to market is an advantage within reach of small businesses.  Fast execution of ideas and strategies brings to mind small teams working 12-15 hour days, testing “out-there” products and eventually creating a break through successful business, service or product. Speed to market means being flexible and innovative. It’s precisely what small business need to compete against big businesses that are backed by enormous teams, endless resources, global reach, and massive R&D. Thanks to theRead More
If you’re like other small businesses owners, your company’s cash flow always seems to need a boost. Small business loans from banks, if possible, take too long. An effective, fast way to obtain business financing is Invoice Factoring. Invoice Factoring is not a loan. It’s the sale of accounts receivable. Due to its specific nature, invoice factoring is not for every business. It’s ideal for industries with long accounts receivable periods such as manufacturing, andRead More
Medical Economics released its annual report that details the most pressing challenges physicians face for the coming year. It’s no secret that doctors offices have changed drastically over the past 10 years. Most of us have noticed a double or triple increase in administrative staff. There was a time when doctors had one receptionist who greeted you and also managed much of the office. There may have been additional staff but certainly not in the numbers we see now:  at least 4 to 5Read More
What makes you so special? Yes, we are trying to push your buttons but in a good way. Get excited about making your business stand out against the competition. The best way to do that it to determine your business’s USP, short for Unique Selling Proposition. Follow our five simple steps to hone in on what your small business does that no one else can do. The one reason customers should choose your company overRead More