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Running a Seasonal Business

15. September 2008

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Running a Seasonal Business

Not all businesses are busy all the year round. Most businesses run in cycles with highs and lows. A seasonal business is particularly affected by this. If your business involves selling holiday decorations, holiday packages, winter clothing and things like that, you will know what I am talking about. No one is going to buy [...]

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Managing Time – Tips for Business Owners

12. September 2008

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Managing Time – Tips for Business Owners

There’s never enough time. Everyone feels that way. And time is a constant in out lives – it can’t be sped up or slowed down. You have to manage with what you have. The key word here is “manage”, especially for a businessman. Face it; if you can’t manage your time and can’t get what [...]

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Is Outsourcing Viable for a Small Business?

11. September 2008

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Is Outsourcing Viable for a Small Business?

It is a common misconception that outsourcing is something only big companies do. What people do not realize is that the same reasons large companies use for outsourcing – reducing costs and controlling overheads – applies just as much to small businesses. If done properly, outsourcing can save you money and increase your efficiency and [...]

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Using a Business Plan

6. September 2008

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Using a Business Plan

Small business owners know how to run their businesses. But in the rush of day to day operations they sometimes forget the bigger picture of their long term goals. To keep the long term focus, they need a business plan. A business plan is a road map of where you want to go and how you [...]

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What is Your Profit?

5. September 2008

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What is Your Profit?

If you run our own business, it is tempting to look at the money you make as your profit. Your income less what you have spent is your profit. Right? Sorry, but no way! Thinking in these terms is going to land you in hot water. All the money you make is called Gross Income. [...]

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New Employee Training in a Small Business

3. September 2008

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New Employee Training in a Small Business

You probably started your business on a small scale as a one man show. You did everything yourself. But if you are a good businessman, your business has grown. So you need to hire someone to help you in your work. Taking it for granted that you have found what seems to be the right [...]

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The Need for Common Sense in Online Business

2. September 2008

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The Need for Common Sense in Online Business

Someone once said that the most uncommon thing is common sense. A lot of people may find this article on common sense in online business an insult to their intelligence. If so, I apologize. In my defense let me say that the following list is an amalgam of lists I had asked my experienced businessmen [...]

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Avoiding Legal Hassles in an Online Business

28. August 2008

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Avoiding Legal Hassles in an Online Business

When the dot com boom started years ago, the internet was like the Wild West, with anyone and everyone trying any and everything to make money. That is the main reason the bubble burst so soon. Today there are laws and regulations in place to govern online business. There are not too many, they are not [...]

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Hiring Help in an Online Business

27. August 2008

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Hiring Help in an Online Business

You probably stared your online business alone and you were the CEO and bottle washer. Right? But as your business grows, there will be too much work for one person to handle. Watch out for this. Many rookie business men make the mistake of not letting go and trying to do too much themselves. No [...]

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Controlling Your Cash Flow

26. August 2008

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Controlling Your Cash Flow

The reason you have started your online small business is to make cash. There are many aspects of running a profitable online business, as a visit to http://www.ringgle.com will show you. Controlling your cash flow is one of the most important. For more information on handling cash flow, please read an article on how to [...]

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