By encrypting users' search queries, Google is cutting off its search data supply. Without it, SEO could become obsolete. What's a business to do? Google recently celebrated its 15th birthday. Without question, it’s the most successful teenager in history. In just a decade and a half, the company has gone from an obscure startup founded by students in a garage to one of the most important companies in operation today. Google’s current stock price is above $1,000, and with a total market … [Read more...]
How To Protect Your Cash Against Rising Inflation
Inflation rates have been low, but that's about to change in 2014, because of rising inflation. Protect your cash now before rising inflation takes it away from you. The greatest risks to your business are those that go largely ignored by owners. Inflation is one of those forgotten risks. It hasn’t been on most businesses’ radars because inflation has been kept under control for the past five years, averaging only 1.6 percent annually across key consumer goods. However, history and economics … [Read more...]
Anatomy Of A Business Pivot
Is your business stuck in a rut or, even worse, failing? If so, it might be time to consider a business pivot. The "business pivot" is all the rage in technology startup circles. The phrase coined by The Lean Startup author Eric Ries refers to the process a company goes through when it fails to achieve its vision and, in order to redeem itself, tries an often radically different approach.There are many famous examples of pivots in the technology world: Twitter began as Odeo, a podcast … [Read more...]
9 Key Business Lessons From TV’s Top Entrepreneurs
Who says you can't learn anything on TV? From Walter White to Duck Dynasty, here are lessons we can all use to grow our businesses. Hollywood often gets a bad rap for making TV programs and movies that are devoid of reality. Whether it’s CSI using technology that hasn’t been invented yet or Law & Order solving crimes in 60 minutes that in reality would take months or years to solve, writers don’t always get it right. It’s a different story when it comes to entrepreneurship, however. In … [Read more...]
Why It’s Now Easier To Be Convicted Of Bribery In Foreign Countries
The Justice Department is pushing hard to stop U.S. companies from using bribery to win business abroad. Don't mistakenly get caught in its crosshairs. Every day, U.S. businesses do billions of dollars in business with foreign countries, importing nearly $7.5 billion and exporting $6.4 billion in goods and services. Although the majority of this nearly $14 billion in trade is controlled by big business, small companies are starting to carve out a much bigger piece of the pie. The latest Census … [Read more...]
Can Someone Legally Steal Your Website’s Content?
If someone takes content from your site without asking, does the law protect you? Learn the surprising answer and how to shield your content from thieves. I woke up early this morning to the sound of banging and scratching coming from my home office. After quickly descending the stairs, I found a total stranger sitting at my desk copying my latest batch of articles. Apparently he'd walked in through the front door, which I'd left unlocked. When he saw me, he said, “Hi, Mike. Love your work. … [Read more...]
Why The Government Could Get Half Your Business
f you're thinking about selling your company, don't forget your silent partner: Uncle Sam. Here's how to make sure he doesn't walk away with more than you. When you think about selling your business, how much of the sales proceeds do you expect to keep? The Government Could Get Half Your Business. Many owners respond with a common answer: the net proceeds (sales price minus liabilities), forgetting that silent partner Uncle Sam will also expect his cut. Changes in tax laws from the … [Read more...]
Lessons From Detroit: How To Protect Yourself If Your City Goes Bankrupt
How To Protect Yourself If Your City Goes Bankrupt. It's one thing to worry about your best supplier or customer going bankrupt. With Detroit filing for the largest municipal bankruptcy ever, things have just gotten riskier for entrepreneurs. Bankruptcy laws exist for good reason—three, in fact. They provide an orderly way for filers to acknowledge they can’t pay everything they owe, they provide creditors with the best chance of getting at least some of their money back, and they help provide … [Read more...]
Credit Card Fraud Alert: 3 Ways to Protect Your Business
Credit card fraud is an ever-growing problem for small-business owners. Take these steps now to protect your business before it's too late. According to comScore, the first quarter of 2013 saw retail e-commerce sales surpass $50 billion in the U.S., with 10 percent of all discretionary income being spent online. Last year global e-commerce surpassed $1 trillion. While this is great news for small businesses with e-commerce websites, the risk of loss also increases. Cybersource, a payment and … [Read more...]
How to Buy a Luxury Car for Less
It might not seem fair, but the vast majority of businesspeople care about what type of car you drive. Here's how to impress without breaking your budget, buy a luxury car for less. You don’t need to be a car enthusiast to acknowledge that what you drive says a great deal about you. Small-business owners who want to succeed need to reflect that desired success in the clothes they wear and the car they drive. This is about assuring existing and potential clients that they are doing business … [Read more...]
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