Small Business Tools & Resources
Aspects that the New Entrepreneur Can Control
By Ianny Lau
In a prior article 'Taking the Plunge' I shared about emotional and mental readiness for the aspiring entrepreneur.
In this article, I impart some insights on how to succeed, or at least how to avoid failure. While there must be a thousand and one reasons for failure, what I have listed here are the handful that I feel you have some control over.
CASHFLOW
Cashflow to any business is like blood to life. Many profitable businesses go under because they run out of operating cash.
Technorati Tags: Advanced Business Concepts for Entrepreneurs
By Bill Ringle
I read a newspaper story about a young man named Michael Walton who was raging against the community college dean over remedial skills test. He was a self-proclaimed math whiz because he aced his high school math courses and could balance his own checkbook.
Unfortunately, he failed to understand that the math went beyond those basic levels. Not knowing about more advanced math concepts prevented him from furthering his education.
5 Business Management Model Tools
Over the past 20 years in my consulting practice, I've developed a number of models that help me quickly assess business situations. Some of the bests for small business are attached and offered free for your personal use; however, please do not sell the attachment or use it as a premium without checking with me in advance for permission.
The attached models are good for determining:
1. After-tax weighted average cost of capital
Growing a Business - the book
 | Growing a Business author: Paul Hawken asin: 0671671642 |
In 1988, Paul Hawken (yes, the one from the Smith & Hawken fame) published a book called, Growing a Business. I picked it off the bookshelf in the spring of 1992 and it sat on my shelf until I hit the beach later that summer.
19 Indispensable Websites for Small Business
[This Article has a free e-book download. View the entire article to get it.]
The web has a lot of crap on it when it comes to small business. It seems like everyone has some website selling something. Most of it is largely unusable for a typical small business, but certainly racks up the sales for the Internet entrepreneur. For most, it's hard to separate the valuable from the crap without spending a big bucks.
