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Free Grant Money
Every year, Congress allocates billions of dollars in the form of free grant money to aid major projects that would ultimately benefit communities. Allotment for education grants alone reached an estimated $67 billion annually.
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Small Business Start Up Financing
As a small business start-up coach, I get asked a lot of questions. The most frequent one: Where do I get start-up cash? If you are wondering the same thing, this article is for you. In it, you will learn about the differences between angel funding and venture capitalists, the value of taking out a loan, and considerations of taking on a silent or working partner.
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Business Owner's Manifesto: Must Do's
A business owner has to be clear about why s/he's in business, what his/her responsibilities in running the business are, when to go for it and when to get out, how the business potential can be maximized and why the business is there in the first place. The Business Owner's Manifesto makes the key issues clear.
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Host an Office Paper Shredding Day
The end of the year is a great time to clean out your office and shred all those old records. Host an office shredding day to make it easy for everyone to shred the extra paper that has been building up.
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Banking - Inventory Collateral
Essential reading for business owners. Retired financial executive explains how the banker views your business loan application, and collateral, so you know how to present it. One of a series of articles to help business owners succeed in understanding how to optimize their financing and keep their banker happy!
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Inventory Optimization Addresses the Challenges of Overseas Sourcing
Inventory Optimization is proving to be a powerful tool for firms procuring materials from overseas. While pricing advantages for purchasing materials overseas have enticed many small and mid-sized manufacturing firms, they now face challenges with additional inventory being carried on the balance sheet and longer and more variable lead times.
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Aluminum Utility Trailer Basics And Some Points Of Concern
Usually constructed of steel or aluminum, utility trailers offer an efficient and versatile way to transport a wide variety of goods. Because they have no power mechanisms of their own, utility trailers depend on their attachment to a powered vehicle in order to move from place to place.
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Auctions by Government
What do governments do with their surplus and/or impounded merchandise? Surplus merchandise is government owned goods that are no longer needed. They may be office furnishings, guns, ships, buildings, office equipment. Also included in surplus merchandise is military equipment, Coast Guard equipment, and fire equipment.
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The Secret to Building a Highly Profitable Business
The first business of any business is to make a profit. However, profit alone isn't enough. How a profit is made has far more to do with the ultimate success or failure of a business than the profit itself. In this article, you'll learn the secret to building a highly profitable business that'll last.
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Seven Secrets to Getting the Perfect Employee
Attracting and retaining a high performing team is one of the biggest challenges many business owners face. There are a variety of reasons for this and one of the key factors is that the owner doesn't realise that there's much more involved in the process than just placing an ad and asking a few questions.
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Invoice Factoring Discounting
Invoice discounting is similar to invoice factoring, the difference being that the sales ledger management and the factoring company does not take up the collection responsibility. Invoice Discounting is good for businesses that are established with sufficient staff and infrastructure to keep accounts. The option is there to disclose or not disclose the service to the customer. Invoice discounting therefore allows more confidentiality than invoice factoring.
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Accounts Receivable Collection
Every company follows its own credit policy set by management. For some the credit period offered to the customer is a week while for other organizations it could be as long as a month. Problems start when payments are not forthcoming within the time agreed upon. This is when a company has to initiate the accounts receivable collection.
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The Procurement
There are several things that are important about procurement that you should consider. In a business standpoint, timing is virtually essential. If you are like many business owners, the best time is the time when prices will be low enough to handle. This can be quite difficult to call and even more so, it will be difficult to manage. But, when procurement is used effectively, your business truly can reach new heights. What should you consider in procurement?
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Status - Cross Cultural Differences
This article looks at how status manifests within different cultures and how it impacts upon interpersonal communication within the business world.
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