Should you use contract prior to initiating business account of your client? Is the contract an absolute necessity? Many small business owners have been raising these questions. They fail to find any need for contract between the supplier (or provider) and the client (or customer). They feel that bill (or invoice) alone is a cure for everything. True to some…
It never ceases to amaze me how many of my clients come to me asking to write a business plan for some great idea that they have that they just “know will go through the roof in profits”. We sit down and begin to assess the scope of the business plan and talk about what their specific product or service…
You may have a great product to sell, but your website doesn’t help you attract and retain your prospects. Why does this happen? 1. Poor copy – copy, the text part of your site acts as demotivating for the site visitors. Your copy is infested with spelling mistakes and grammatical errors. This creates an impression as this – if this…
Joseph P. Loddo, district director of the Washington Metropolitan Area district office of the U.S. Small Business Administration, will host the SBA’s February Internet forum on “SBA Financing for Your Small Business.” The chat will run from 1 to 2 p.m. Thursday, Feb. 23. He will discuss financing and provide information and resources on different types of loans for small…
Michale Spadaccini in “What is a Close Corporation?” explains pros and cons of incorporating a Close Corporation: “A close corporation is generally a smaller corporation that elects close corporation status and is therefore entitled to operate without the strict formalities normally required in the operation of standard corporations. Close corporations enjoy relaxed rules with respect to the formalities of governance. For…
The debate rages on – should you get into that business which you had been nursing as your hobby all along? Or turning hobby into business will lead you to a status of non-achiever? Are there any benefits doing so? Here are few benefits from doing so. First of all, you know its not work, but fun. This thought…
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