While the official determination has not yet been made, the economy has definitely seen better days. Small business owners not only have to contend with higher prices that affect their bottom lines, but also a tightening of consumers’ spending habits as they try to wait out the current market. Even if a recession does occur, smart business owners can survive it; here are a few steps you can take financially to protect yourself against a slowdown.
(more…)

Amid all the hype about social networking, one wonders: How can sites such as Facebook, Linkedin or college alumni boards help market your business?
(more…)

You’ve probably heard news of a possible recession in the US economy. And if you’re anything like me, you’ve already grown tired of the media’s almost gleeful reporting of the approaching doom. Here’s a new spin: rather than asking yourself, ”What impact is this economy going to have on me?” how about, “What impact can I have on this economy?”

If you are a small business owner the answer is: a tremendously positive one!
(more…)

A member stopped by to see me today and asked a question that I hear a lot, “why should I have a separate account for my business.”

When you have a business, even a small home business, it should be separate your personal accounts for the following reasons: (more…)