Small Business Resources, Business Advice and Forms from AllBusiness.com
 
lynette denike_80
Three Tips to Drive Sales and Credit
What's Up with My Credit?
November 25
Frenetic buy, buy, buy activity will decrease again this holiday season. But by thinking like your customers, you can offer a fresh approach in your store to bring in business.
hanna hasl-kelchner_80
How to confidently trim legal costs
Business Law
November 25
Having a better understanding of where the legal risks are puts you in a better position to decide how to invest your legal spend.
caron sharp_80
Life is Sweet For Many Entrepreneurs as “Cupcakeries” Experience a Boom (+ Tips for Starting a Food Service Business)
Small Business Matters
November 25
During one of the worst recessions in U.S. history, a little sugary confection - the great American cupcake - is proving to be an unexpected fast food market opportunity for many entrepreneurs. If you are interested in starting a "cupcakery" or other food service business, you need to observe the basic strategies of starting and operating a business - while ...
stephen key_80
Learn how to invent for the marketplace and guarantee your ideas success.
Inventions and Product Ideas
November 23
There are a number of different ways to invent. Many people imagine an idea they think is solving a big problem first, and then try to find a market for that idea. I’ve definitely done that. But I’m not sure it’s the best way. Certainly, creating solutions to the problems we encounter every day makes sense. But finding a viable ...

Latest Comments in Legal posts

Factoring leverages your customer's credit. This is important if you need fast cash and you don't have assets to pledge to a bank. (e.g., IT services, janitorial, Staffing Services, etc.)

My recommendation is not only to get cash quickly, you should look at your cash flow management processes to keep more of your own money flowing as possible.

Here's a blog post on the cash flow management process:
http://donaldhunterfinancial.com/2009/11/17/discover-how-to-avoid-titanic-cash-flowtm-disaster-before-it-strikes/ ...
By: Donald Hunter on 11/21/09 at 3:15 AM
Four Business Credit Questions to Ask
Like the rest of you I realize she is incorrect and way off base about cheching your own credit score but not only that she must be intentionally lieng to everyone! The reason I say that is she throws us numbers saying he went from the mid-700's down to the 500's IN ONE MONTH just by checking his score?!?! Does she even believe what she is saying?This makes no sence at all.
By: George on 11/12/09 at 6:43 PM
Don't Use Credit Monitoring Services
As expected, President Bush has signed into law the CAN-SPAM Act of 2003, creating the first federal restrictions on unsolicited commercial e-mail. Later this year, the Federal Trade Commission will set regulations implementing the law and defining commercial electronic mail message.

Based on conversations with key staff from the committees of jurisdiction on Capitol Hill, ASAE believes that e-mails between nonprofit ...

lawyers ...
By: sam on 11/6/09 at 5:39 AM
FTC Seeks CAN-SPAM Act Comments
This discussion on public speaking is very astute and relevant to any corporate and even personal scenario. I run an Advertising Agency and have had to set it up in a new market (foreign country to where I grew up). The bulk of the clients that we have been able to rope in have been sold on us through an ability that I have to speak. One secret, which helps me to improve as time keeps going is the desire to ensure that when I speak, even to a hundred people, each person must feel that I am talking to them. Its not easy but striving for it helps you to be innovative in creating rapport with the audience.

Great discussion!!
By: Garikai Nhongo on 10/28/09 at 2:51 AM
Public speaking can be your friend. Do what it takes to feel comfortable.
Lynette,
Your tips are generally good but lack a real test of the business idea. There is no way around market testing a business idea. The aspiring entrepreneurs should talk to potential customers to receive feedback on the business idea. They should get a sense of the patterns of feedback and whether their idea resonates with the customer. When the customer says the business idea will solve their problem, then they can move on to the preparation you describe. Hopefully Part 2 of this post can incorporate some of this.
By: Shawn Winkler-Rios on 10/26/09 at 8:01 AM
How to Test Your Micro-Business Idea, Part 1