Business Trends

Business if tough in today’s world! Most small businesses go bankrupt or are closed abruptly in the first five years. Over the course of the next five years many of the remainders also “pack up” shop and lock their doors. Why do so many businesses fail?

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How often have you dreamed of living a more rewarding life. Perhaps you simply want to accomplish more or maybe it’s your wish or dream to leave that lasting legacy for future generations of your family. Have you, just like so many Americans, written down those “Goals” in good faith and then put them off until tomorrow? Well, by now I am sure you are well aware that “Tomorrow Never Comes”. America is considered by many other countries in the world as the land of opportunit...

Getting a small business off the ground is challenging to say the least. Here are some quick tips which will prepare the ground for running a successful small business.

A major part of keeping profitable and growing your business is maintaining a focus on business development. Even when you've got the right mix of work, clients and employees you should be looking for new opportunities.

Business A: No large investment, inventory, or selling products. No repeat sales presentations needed. No stocking, shipping, collecting or delivering. No sales quotas, advertising expense, or chance of losing money.95% Re-order rate.

Each time you hear yourself make a Declarative Statement that does not serve you, simply restate it and offer a better mood or feeling. Here is a quick way to turn a negative statement into a positive Declarative Statement. Simply ask yourself: "So, what do I want?"

A very effective way to generate business, thus increasing your profits, is to talk to people you know; friends, families, neighbors, hit the pavement, spread the word to everyone you know, especially those who like your business and the products you have to offer.

At a Chamber of Commerce Business Card Exchange several years ago a well-dress woman walked up to me, business card in hand and, in perfect form held it in both hands in front of me, gesturing for me to take it. I took the card from her and smiled. She looked up and in a polite voice, said "Thank you," and walked away. How sad. Here was this obviously well-intentioned woman, who most likely owned an interesting business but never learned what to do at a card exchange. Somewhe...

Catalog retail is a world all it's own. Many considerations that other retailers don't have to deal with are of utmost importance to a catalog retailer. To name a few, the ordering process, warehousing and shipping must be streamlined for maximum efficiency. Maintaining a top notch inventory control and receiving department is also very crucial to business success. Above all, however, a catalog retailer must have a quality business phone system.