Hey entrepreneur and small business owner: you may not have noticed but December was National Write a Business Plan Month. Actually, December is a terrible month for this observance, as most small business owners are concentrating on other issues (holiday customers, end-of-year deadlines, family obligations). But since someone somewhere declared the twelfth month of the …
Find and Keep Your Best Small Biz Workers
I saw a shocking statistic the other day—one-third of millennials plan to quit their job once the Covid pandemic is no longer an issue. Whoa—that’s a lot of workers who’ll be job-hunting. Some may be employees in your small business. How can you retain your best employees? And, as importantly, is this an opportunity for …
Small Biz Update: PPP Forgiveness Changes!
FACEBOOK LIVE EVENT THIS WEEK Please join me for my Facebook Live event: Tuesday June 9, 1pm EDT/10am PDT Update on the new rules on PPP forgiveness and strategies to help your business survive. Go here to join or to watch later. And if someone forwarded you this newsletter, you should sign up here. NEW DATE! Tuesday, …
Daily Update: Cash, Loans, Grants in the Just-Passed Stimulus Bill
This update is long but it contains a great deal of information for small business owners, the self-employed, or unemployed. The US Senate finally passed the two trillion dollar stimulus package (let’s call it emergency funds as it’s not really a stimulus) late Wednesday night. (Remember: I am doing a Facebook Live at 1pm EDT/10am …
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Go Green, Make Green: New Leaf Paper
Real-World Case Excerpted from Entrepreneurship: A Real-World Approach, 1st Edition Challenge: Improve the footprint of one of the world’s most environmentally unfriendly industries—paper production Solution: Focus the corporation on solving serious environmental problems rather than on profitability Until 2010, the primary goal of all for-profit corporations had been, well, profit. This is codified in federal and …
Learning to (DVD) Drive
Excerpted from Entrepreneurship: A Real-World Approach, 2nd Ed, now available Co-founded by Reed Hastings and Marc Randolph, Netflix launched in 1997 as an online DVD-rental and sales business. Two decades later—and after experiencing some growing pains along the way—Netflix boasted more than 75 million members in 190 countries, viewing over 125 million hours of movies and TV …
8 Can’t Lose Sales Strategies
If you own a small business, you may think of yourself as a baker, graphic designer, technologist, or whatever industry you’re in. But if you hope to succeed, there’s one title you better add: salesperson. Every small business owner and entrepreneur needs to get out there and make sales. Of course, many small business owners …
Small Business Inspiration for the New Year from Carlos Santana
When I was still in junior high or high school, I started collected quotations. I still have the little black notebook that I used to record quotations throughout high school and into college. A simple quotation can convey a lot— often providing inspiration, motivation, support, insight. I have decided to revive my old tradition of …
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