Since Crystal was kind enough to make me an honorary “babe” I thought I would talk about what I know best, managing people.
The cycle is so predictable that it is both humorous and sad. As the economy starts to pick up the drums are beginning to beat with the refrain of “OMG, how do I [...]
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Posted in Business Basics on Jun 30th, 2010
I remember hearing those three words in my strategic management class in business school. Sales, customer service and acquisitions, are the keys to growth. Think about it for a second. You have the sales department, which leads to acquiring more customers. Customer service maintains the customer relationships. At a certain point a company will have [...]
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Posted in Business Basics on May 10th, 2010
There’s a difference between doing business on a small scale and doing business on a large one. The biggest disparity? When you’re small your budget doesn’t stretch nearly as far as the ones the big boys are allowed to play with. So you’re always looking to cut costs that are extraneous, unnecessary and repetitive. [...]
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This morning I discovered an article on the Yahoo! Small Business Answers Center that talked about the seven most overrated businesses – and I have to agree with their assessment. When times are tough or simply ‘not fun anymore’, entrepreneurs often leave the security of full-time employment to launch businesses that are either not [...]
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Posted in Business Basics on Apr 5th, 2009
Small business owners often shy away from advertising because of the associated high costs. It’s true that buying ad space in high profile magazines or listing your business in the yellow pages come with hefty price tags. But you don’t have to go to such elaborate lengths to achieve effective results on a limited [...]
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Posted in Business Basics on Mar 29th, 2009
What? That’s what you’re thinking right now. I can almost see the look on your face. Why is Babeofbusiness.com – a blog about small business and entrepreneurship – writing about chocolate chip cookies? Shouldn’t you really be asking yourself, why would Babeofbusiness give away her secret recipe? This is the question [...]
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Posted in Business Basics on Feb 9th, 2009
My blog post “When to Throw in the Towel on Your Small Business” led to a flurry of unexpected emails – with a number of entrepreneurs asking about contingency funds. What are they? Why are they necessary? How much should you budget? And how do you go about establishing one? Well [...]
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Posted in Business Basics on Feb 2nd, 2009
Spending some time on LinkedIn this weekend, I came across an interesting question. Someone asked, “Do you know what the three things are that will create the business breakthrough you’re looking for?” It went on to state that every business has needle movers that can propel forward and encouraged others to share their thoughts. [...]
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On LinkedIn this week, an entrepreneur asked if it was always necessary to follow a business plan. She was asking on behalf of her friend who had just opened a daycare – without a plan. I have always had deep feelings on this issue, so I was naturally drawn to the topic. [...]
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Regardless of technology and how far the Internet takes us, there will always be a need for business cards. I mean, think about it. What are you supposed to hand a potential new client that you just met at the supermarket or on a plane? A laptop? They’re busy, too, and [...]
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