Home money making internet business opportunities.
A Superb resource for Working at home!
  23/02/2020   10:57:25 

Work At Home Online Business home ~ CATEGORIES ~ Site Map ~ this Page ~ Product Reviews ~ Free Marketing Newsletter ~ Reprint Rights for Resale ~ Private Site ~ Permission Email Marketing ~ Affiliate Program Books ~ Personal Finance Stock Trading ~ Job Training Courses ~ Christmas Gifts ~ Online Shopping Store ~ EBOOK STORES

Subscribe Newsletter
First Name

Last Name

e-Mail Address
What's New
Machine Learning Algorithms NEW! Artificial intelligence ai machine learning
A Mobile Business Ideas Andrew Reynolds Mobile Business Bootcamp
Copy This Idea FREE BOOKS Andrew Reynolds copythisidea book
Contactless Payment Cards contactless card information
SEO Link Monster Review Backlinking Made Easy!
Haemorrhoids Treatment Piles Review Holly Hayden's hemorrhoids piles solution
Smartphone Market Share Review Learn who is winning the smartphone market.
Niche Finder Review Best Keywords tool software by Brad Callen.
Yeast Infection No More Review Cure candida yeast infection holistically and naturally by Linda Allen.
Directory of eZines Review Newsletters marketing using Charlie Page directory of ezines.
Micro Niche Finder Review Niche research software tool by James J. Jones.
Lottery Method Review At last! learn how to pick lottery numbers from someone who works inside the lottery business.
Pregnancy Miracle Book Review How hopelessly infertile women get pregnant naturally.
Allergies Hay Fever Review Allergy free for life natural treatment.
Prostate Cancer Treatment Review Natural treatment for prostate cancer.
Tinnitus Miracle Review Miracle tinnitus relief treatment.
Natural Ovarian Cyst Relief Secrets Review Laura Hennings ovarian cyst program
Enounce MySpeed Review Speed Up Video to Save Time - Slow down video to learn
Penis Advantage Exercises Review The Natural Penis Enlargement ebook
Ejaculation Trainer Review Matt Gorden's ejaculation trainer ebook
A Job Sites Out of work - help looking for work.
Top 10 iPhone Downloads Compare unlimited iphone download sites.
Amazon Uk Special Offers Heavy discounted offer!
Top 10 Web Hosting Site Compare web hosting companies.
Bestselling Gifts In Pictures Revealed best selling gifts.
Christmas Gifts 2010 In Pictures Revealed the must-have top 10 or 12 toys.
2010 Top Christmas Toys In Pictures Revealed gifts for christmas present.
World Cup Final Champions 2006 - Great offers Great FiFA football world cup offers
A Money Saving Tips Never pay full price again!
The Tesco Supermarket 2 3 4 every little helps.
Paddy Power online betting shop.
Free Bets Paddy Power Bets on football and premiership leagues.
A Sports Betting Tips Gambling For Profits Online
Services
Free Marketing Newsletter Rumour Man newsletter
About Us who we are!
Contact Us what do you think?
Guarantees give us a test?
Privacy Policy always respected
Testimonials what other people say.
Useful Links other sites
Link to Us please help us!
Resources & Articles
Product Reviews Highly Recommended
Affiliate Partner Program Affiliate Partner affiliate program
Business Mail Order Reports Business Mail Order reports
Free Business Report Free home biz report
Free Consumer Report Consumer home biz
Internet Business Opportunity About home business
Crime Prevention Stopper Crime prevention report
Bank Household Finance Reports Household bank finance reports
Hobby Lobby Store Hobby lobby report
Health Information Health information report
The MISCO Computer Products United Kingdom UK 2 3 4
Online Shopping Store - online shopping store
Personal Finance Stock Trading - Stock trading personal finance
Job Training - Job training courses
Tesco Supermarket 2 3 4 - Every little helps!
Stephen Juth's AdWords Accelerator V2 Tool
Jay Abraham's Partner in Profits.
Bill Myers's Product Review Guide
Christmas Gifts - Gifts for christmas!
Categories - Thousands of places to explore
Last Updated
A Superb Resource For Business Related to Working At Home.
Update: Sunday 8th January @ 13:55 pm

Survival Tips For Small Business



Survival Tips For Small Businesses

You may be in Mail Order, Direct Mail, or you may be a local merchant with 150 employees; whichever, however or whatever---you've got to know how to keep your business alive during economic recessions. Anytime the cash flow in a business, large or small, starts to tighten up, the money management of that business has to be run as a "tight ship."

Some of the things you can and should do include protecting yourself from expenditures made on sudden impulse. We've all bought merchandise or services we really didn't need simply because we were in the mood, or perhaps in response to the flamboyancy of the advertising or the persuasiveness of the salesperson. Then we sort of "wake up" a couple of days later and find that we've committed hundreds of dollars of business funds for an item or service that's not essential to the success of our own business, when really pressing items had been waiting for those dollars.

If you are incorporated, you can eliminate these "impulse purchases" by including in your by-laws a clause that states: "All purchasing decisions over (a certain amount) are contingent upon approval by the board of directors." This will force you to consider any "impulse purchases" of considerable cost, and may even be a reminder in the case of smaller purchases.

If your business is a partnership, you can state, when faced with a buying decision, that all purchases are contingent upon the approval of a third party. In reality, the third party can be your partner, one of your department heads, or even one of your suppliers.

If your business is a sole proprietorship, you don't have much to worry about really, because as an individual you have three days to think about your purchase, and then to nullify that purchase if you think you don't really need it or can't afford it.

While you may think you cannot afford it, be sure that you don't "short-change" yourself on professional services. This would apply especially during a time of emergency. Anytime you commit yourself and move ahead without completely investigating all the angles, and preparing yourself for all the contingencies that may arise, you're skating on thin ice. Regardless of the costs involved, it always pays off in the long run to seek out the advice of experienced professionals before embarking on a plan that could ruin you.

As an example, an experienced business consultant can fill you in on the 1244 stock advantages. Getting eligibility for the 1244 stock category is a very simple process, but one with tremendous benefits to your business.

The 1244 stock encourages investors to put equity capital into your business because in the event of a loss, amounts up to the entire sum of the investment can be written off in the current year. Without the "1244" classification, any losses would have to be spread over several years, and this, of course, would greatly lessen the attractiveness of your company's stock. Any business owner who has not filed the 1244 corporation has in effect cut himself off from 90 percent of his prospective investors.

Particularly when sales are down, you must be "hard-nosed" with people trying to sell you luxuries for your business. When business is booming, you undoubtedly will allow sales people to show you new models of equipment or a new line of supplies; but when your business is down, skip the entertaining frills and concentrate on the basics. Great care must be taken however, to maintain courtesy and allow these sellers to consider you a friend and call back at another time.

Your company's books should reflect your way of thinking, and whoever maintains them should generate information according to your policies. Thus, you should hire an outside accountant or accounting firm to figure your return on your investment, as well as the turnover on your accounts receivable and inventory. Such an audit or survey should focus in depth on any or every item within the financial statement that merits special attention. in this way, you'll probably uncover any potential financial problems before they become readily apparent, and certainly before they could get out of hand.

Many small companies set up advisory boards of outside professional people. These are sometimes known as power Circles, and once in place, the business always benefits, especially in times of short operating capital. Such an advisory board or power circle should include an attorney, a certified public accountant, civic club leaders, owners or managers of businesses similar to yours, and retired executives. Setting up such an advisory board of directors is really quite easy, because most people you ask will be honored to serve.

Once your board is set up, you should meet once a month and present material for review. Each meeting should be a discussion of your business problems and an input from your advisors relative to possible solutions. These members of your board od advisors should offer you advice as well as alternatives, and provide you with objectivity. No formal decisions need to be made either at your board meeting, or as a result of them, but you should be able to gain a great deal from the suggestions you hear.

You will find that most of your customers have the money to pay at least some of what they owe you immediately. To keep them current, and the number of accounts receivable in your files to a minimum, you should call them on the phone and ask for some kind of explanation why they're falling behind. if you develop such a habit as part of your operating procedure, you'll find your invoices will magically be drawn to the front of their piles of bills to pay. While maintaining a courteous attitude, don't hesitant, or too much of a "nice guy" when it comes to collecting money.

Something else that's a very good business practice, but which few business owners do is to methodically build a credit rating with their local banks. Particularly when you have a good cash flow, you should borrow $100 to $1,000 from your banks every 90 days or so. Simply borrow the money, and place it in an interest bearing account, and then pay it all back at least a month or so before it's due. By doing this, you will increase the borrowing power of your signature, and strengthen your ability to obtain needed financing on short notice. This is a kind of business leverage that will be of great value to you if or whenever your cash position becomes less favorable.

By all means, join your industry's local and national trade associations. Most of these organizations have a wealth of information available on everything from details on your competitors to average industry sales figures, new products, services, and trends.

If you are given a membership certificate or wall plaque, you should display these conspicuously on your office wall. Customers like to see such "seals of approval" and feel additional confidence in your business when they see them.

Still another thing often overlooked: If at all possible, you should have your spouse work in the business with you for at least three or four weeks per year. The important thing is that if for any reason you are not available to run the business, your spouse will be familiar with certain people and situations about your business. These people should include your attorney, accountant, any consultants or advisors, creditors and your major suppliers. The long-term advantages of having your spouse work four weeks per year in your business with you will greatly outweigh the short-term inconvenience. Many couples share responsibility and time entirely, which is in most cases even more desirable.

Whenever you can, and as often as you need it, take advantage of whatever free business counseling is available. The Small Business Administration published many excellent booklets, checklist and brochures on quite a large variety of businesses. these publications are available through the U.S.Government printing office. Most local universities, and many private organizations hold seminars at minimal cost, and often without charge. You should also take advantage of the services offered by your bank and local library.

The important thing about running a small business is to know the direction in which you're heading; to know on a day-to-day basis your progress in that very direction; to be aware of what your competitors are doing and to practice good money management at all times. All this will prepare you to recognize potential problems before they arise.

In order to survive with a small business, regardless of the economic climate, it is essential to surround yourself with smart people, and practice sound business management at all times.


Click here now to visit Online Shopping Store for Essential reviews of the best UK/US shops, stores and web sites featuring email rewards, discount prices, sale bargains, cheap deals, special offers and promotional coupons/vouchers. Including christmas gifts,christmas gift idea, christmas gifts for men, golf christmas gift, christmas toys, wine christmas and holiday gifts, etc...


Well sometimes, just sometimes, we all need that gentle reminder. The reminder that life is too precious to waste, and money alone without love cannot make you happy in your family and love without money will in due course lead you to misunderstanding among yourselves.

We need a little reminder to give more time to our families and friends and, just as importantly, ourselves.

"RumourMan" is that reminder. It's a little nudge, to get you remembering what's important to YOU. It's free, and it's the kind of thinking you'll find adding joy to your life.

To start receiving these precious reminders, just twice a month, enter your email address below and click on the button that says, "I deserve more!"

We may sometimes send you in-house and third-party reminders. Did you miss a previous reminder? Don't worry, you can get rumourman reminder here...

First Name:
Last Name:
Email Address:
 

PRIVACY POLICY: Your information will be kept confidential and will be used only by me to send you my newsletter. I assure that your privacy is respected and protected.


Product Review

Katie Blacksky's Even Gossip Girl Tweets Parenting Advice About Gossip Girls Subscription website

Teenagers and parents share gossips, gists, parent training and family relationship. a fun & laughter book.

Diaspora Bedtime Stories

Storytelling for adults women & kids children bed time!

Igbo English Dictionary

Igbo English Translation.

Nigerian English Dictionary

Nigerian English Translation.

Andre Reynolds Copy This Idea FREE BOOKS

The Sunday Times Business Bestseller COPY THIS IDEA.

Katie Blacksky's What's So Bad About Gossip Girl

Introducing Gossip Girl gossip for celebrity gossip or celeb gossip with the cw gossip girl.

Digital Product Reviews

The Good Review, Who is she?

Work At Home Online Business.com Home | About Us | Contact Us | this Page

Can't find the information here? Try our "Sponsored Links". If you have a product you would like reviewed or an article, or have other questions about the work at home online business, online home based opportunities, internet marketing tools, e-books ebook resell rights and software, please contact us at:

SamSCO Networks Limited 20 Cassiobury Road Walthamstow London E17 7JF England UK

Tel/Fax: 020 8281 8353
Mobile: 079 4741 1945

email: website: www.WorkAtHomeOnlineBusiness.com

Use of this website is governed by our Terms of Use Agreement and Privacy Policy.

Copyright 2001 - SamSCO Networks - Work At Home Online Business - home for all Internet marketing store.  All rights reserved.

Can't find it here? Try Google or MSN or Yahoo

Thank you for visiting the Work At Home Online Business Opportunity Store.

Registered in England & Wales No.4426103