Don't just spend your time on professional members. If you want Want Exposure, Get out there and really spread your message--by moderating a panel. As a business owner, odds are you belong to one or more professional organizations. If you are like most business owners, you don't really have time to go to all of the events, webinars, workshops and conferences to which you are invited. Unless you stay active within the organization it’s likely that after a few years you won't renew your … [Read more...]
Social Media Blunders To Learn From
These recent social media flubs could have been avoided with a little planning. Here are 3 Social Media Blunders To Learn From Many small businesses have jumped feet first into the social media sea without a complete understanding of how it works, how it will make money, or how to use it effectively. And as companies large and small experiment, many mistakes will be made. In the hopes that your company hasn't yet made these errors, let’s talk a look at some recent blunders that can easily be … [Read more...]
How To Manage A Crisis
Today it's important to be prepared for the unexpected. What does it take to be a real leader to manage a crisis? As the owner of a company, you have a great responsibility to your employees, customers, suppliers and other stakeholders. This responsibility becomes urgent when something unexpected happens—something that could lead to job losses, salary reductions or even the closure of the company. Like they would to any leader, people will look to you in a time of crisis. They depend on you. … [Read more...]
Fight Back When Your Profits are Under Attack
As the economy continues its precarious path forward, consumers and business customers maintain a price-conscious attitude. Many large companies have made the decision to use price reductions, sales and rebates to increase (or maintain) unit sales. This tends to cause a great deal of grief to small business owners who are forced to decide how to respond. In most cases, it would be a mistake to go head to head on pricing with larger competitors with seemingly unlimited financial … [Read more...]
Solyndra Turns Promising Technology Into Political Scandal
The promise of green energy has been a key driver of economic policy for several years. Solyndra Turns Promising Technology Into Political Scandal The promise of green energy has been a key driver of economic policy for the past several years. Energy generated from renewable sources emitting limited pollution would spur the creation of millions of jobs. That was the vision. The reality has been quite different. Green jobs have failed to materialize despite significant financial and … [Read more...]
The Most Business-Friendly States In The Country
Relocating your business is a headache no matter where you're going. Here are the most business-friendly states in the country. Relocating your business—whether across town or across the country—is a grueling, complicated and expensive process. I’ve gone through this several times, relocating from D.C. to Buenos Aires to New York and to New Jersey, with more waiting around the corner. There are a number of steps you can take to be as productive as possible during a relocation process. But those … [Read more...]
The Financial Meltdown May Happen Sooner Than Expected
Mike Periu explains the sudden falling of the global markets and Why The Financial Meltdown May Happen Sooner Than Expected. When I recently wrote my column on potential catalysts of financial crisis, I made a mistake. I assumed that these events may come to fruition in 2012. It looks like the world decided not to wait. The global markets entered panic mode recently. Numerous concerns about the condition of the European economy, the U.S. economy and the Chinese economy led to massive sell offs … [Read more...]
Where To Keep Your Money Safe
During these volatile economic times, there are still ways to make good investment decisions. Here's how. This year has been very volatile when it comes to money. Stocks, bonds, currencies and commodities have seen significant price increases, decreases or both. It seems as though every week a new crisis—real or imagined—is making news around the world. This news leads to as much as tens of billions of dollars a week being transferred from one investment type to another. It’s enough to give … [Read more...]
Creative Accounting Causes Problems For Groupon
Find out how Groupon is paying for its creative accounting practices, and what this will mean for the company. I recently wrote about Groupon’s planned initial public offering (IPO) and the operational and financial data provided by the company in its Securities and Exchange Commission (SEC) filings—it was quite an eye-opener. Towards the end of the article, I discussed some of Groupon’s accounting practices which were considered untraditional. Now, the company is paying for this creativity. … [Read more...]
Private Equity Firms Are Cashing Out
Private Equity Firms Are Cashing Out - Should You? Is this an early warning for business owners to sell? Canaries used to serve as an early warning system for coal miners. Before the existence of computerized monitoring systems, coal miners used canaries to monitor the buildup of toxic gases. These tiny birds are far more sensitive to methane and carbon monoxide than humans. Male canaries also love to sing. When the canaries in the mine stopped singing that meant they were probably dead and … [Read more...]
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