Productivity problems often creep into the business over a period of time and often businesses don’t realize just how extensive they have become. Here are six common causes for productivity problems. (more…)
January, 2010
Alternative Finance Products – Can They Help You?
With the amount of available credit shrinking in recent times and financial institutions raising lending standards, more businesses are turning to alternative forms of finance to cover cash flow shortages and grow their businesses. Asset-based lending, factoring, invoice discounting, and merchant cash advances are a few alternative forms of finance that are becoming more popular. Although these forms of funding can help companies make it through tough times, business owners and managers need to be aware of their shortcomings.
Nine Easy Ways To Grow Your Marketing List
Catch every new contact for follow up communications and watch customer loyalty – and your profits – grow.
A good quality customer and prospect database for email or direct mail can mean the difference between business survival and failure, especially during times of slow growth. The same list, combined with smart communications, will make the good times even better. It costs more money to find new customers than it does to nurture repeat customers through regular contact, so you need to make accurate list-building a daily habit.
Attention Shoppers!
Successful retailing during a downturn means taking stock of your store’s appeal to the senses, providing smarter service and never, ever letting your promotional wheels grind to a halt.
Shoppers decide in just a few seconds whether or not to enter your store. In an instant, they put your shop front, displays and signage through personal filters before deciding whether to move inside or move on. When sales are low, retailers should make their own quick evaluations to help convert browsing to buying.
New 1099 Reporting Rules May Be Repealed
The recent health care reform legislation included a new reporting requirement for businesses. Beginning in 2012, a Form 1099 must be filed with the IRS for payments of $600 or more made to corporations. Previous law required such reporting only for amounts of $600 or more paid to unincorporated businesses. (more…)
