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Business TipsArchive 1999|
Archive 1999 12/1/1999 - It pays to select the right bank.
Banks are the largest single source of financing for small businesses. When you borrow money from a bank, you are really asking the bank to be your business partner. There are risks involved in making loans. The banker will be looking for a proper fit of your business and business practices to that of the bank's. 11/1/1999 - Don't let your creditors run your business.
When you have cash in the bank, paying your bills can feel good. It might even create a sense of pride. It is nice to know that your business is working well. Some small businesses, however, have problems making the money stretch each month. It may seem as though their creditors are running their businesses for them. How can this be prevented? 10/1/1999 - Business insurance can get you in trouble.
Many business people purchase business insurance policies and never look at them again. In fact, many never look at them in the first place. 9/1/1999 - Your business can flourish, even against Wal-Mart.
Many local businesses fold when a large retailer comes to their town. Is it possible to compete with these giants? You have increasing competition from the Internet and mail order sales as well. What should you do? 7/1/1999 - Every business manager should have ABILity.
The first four letters of the word ability are: A for accountant, B for banker, I for insurance agent, and L for lawyer. 3/1/1999 - You can spot accounting fraud.
Most businesses are subject to theft. Some are especially open to fraud by the bookkeeping staff. |
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