1. Make Eeyore look like a sunny optimist A rule of thumb I was taught early on in business was, “Pretend like you won’t sell anything the first six...
Switch servers and apps. A business saved a lot of money by replacing Exchange servers with Google Apps. This article lists web and business tools that startups use most. You can...
Poor cash-flow management can lead to business failure. Here are four tips for improving it: Create new types of cash revenue. Pre-sell your product or service at a discounted rate using a viral...
Confront the numbers Calculate your total business debt amount and analyze the bills to determine how much you can realistically pay. Make a list of your...
Start with a sales forecast Make it bottoms-up, always; never tops-down. This meanas that you start with unit and price details and build up to sales from specific, concrete assumptions. For...
Are you ready to talk to an outside investor? Take this test first and rate your business on a scale of 1 to 10. The management team. How experienced are you in...
Sound Credit Practices – It is always important to follow sound credit practices, especially while dealing with a new customer. Conducting a trade reference and a bank reference is...
Here are five ways to keep cash flowing consistently into your business: Know your expenses. Although discounting — through coupon sites like Groupon and BuyWithMe or even on your own — can help...
