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When one sets out to establish a Business, the entire path looks like a mist. You never know which turn it might take, though every new entrant hopes to get nothing but the best. But what if someone could pave this path? What if there was no risk at all of any failure in your venture? And even if there was, what if this failure could not damage much which it otherwise would have? It is better to have a backbone beforehand that can support you throughout, and save you from much losses. Small Business Development Centres (SBDCs) are a new emerging trend in your own local areas. These are generally the tie-ups between the Government and colleges or universities, and their main motive is to give educational services and guidance to local Small Business Administrations (SBAs). Those who aspire to become entrepreneurs have been drawing much benefit from the SBDCs that are springing up. These conduct seminars and conferences, and ensure that the small business and aspiring entrepreneurs who

What business are you in? Actually, I already know. And in just a minute, I'll reveal my secret on how I know along with 3 simple steps you can follow that will help you improve your business profitability. But to begin, let me explain two things. First, is that small business success is not a card game. There is no trick. You must do the right things consistently all the time to guarantee your survival, success and profitability. I don't just say this. Decades and centuries of time-tested entrepreneurial history and background proves this. Second, above all the many hats a small business owner must wear in order to launch, grow and climb into the clouds of profitability, there is absolutely one area of focus that matters the most. In just a moment I will divulge to you what that is and give you three specific action items you can implement to optimize your marketing and profitability results. Let me explain by adding a little context. I have been a small business marke

Option small business loans can be a funding solution acquired through sources which differ from the traditional method of obtaining a loan - "The Bank". Small business owners opt for this kind of loan as they have limited resources of collateral and since their business is a higher risk. These factors truly complicate the process of obtaining a loan. Business loans for small business is 1 option for funding is identical to personal loans. Because starting companies have tendency to fail in short span of time, lenders do not want to put their funds at higher risk. When the small company owner is refused by the banks for startup loans, you would generally expect other sources like close friends, households and organizations that are willing to take risks on new businesses. It is possible to also seek out an investor that is willing to invest their cash on your new business. There are several of private investors nowadays that will overlook the risk of startups as they are

Increasingly local small businesses are seeing great benefits in establishing a web presence. Reason: that's where their customers are. Too often, however, business owners have a website built without really analyzing what they are trying to accomplish. For most small businesses their websites are being looked at by two distinct and very different audiences - existing and prospective customers. No matter whom your audience is your local small business website should follow the following 8 best practices: Keep information on your small business website fresh. Merely establishing a web presence and then failing to regularly update its content is a complete waste of your time and money. Why would anyone continue to use your website unless there is something new to read? As a local small business you need to keep adding two types of content - one that interests your existing customer and another that that makes interesting reading for the prospective customers doing research.

Recently I met a group of Small and Medium Sized Enterprises (SMEs) business owners who were sharing who were sharing their experiences and exchange ideas on how to grow their businesses. They were entrepreneurs at various stages of running businesses from one year to over ten years. One lady who has been running a seemingly successful SME for over a decade brought up an interesting question that occupied most of the discussions. She asked why most SMEs struggle to grow into large enterprises. She explained that despite hard work, capital injection, strategic planning majority of SMEs are unable to break some confining walls that ensure the business remains at certain level of turnover and profitability. This happens after some years of exciting growth that plateaus at certain level. I jokingly called what he was describing the being held in the prison of smallness. Why would theses enterprising, hardworking, passionate and ambitious entrepreneurs be held in this prison? I kept on

Small businesses are the heart and soul of the U.S. economy. According to the U.S. Small Business Administration small business account for 65% of all new jobs and employ half of all private sector employees. These businesses are responsible for much of the innovation and growth that occurs in the American economy. According to CNN, two out of every three new jobs in the U.S. is created through small business ventures. In contrast, large American corporations under pressure from shareholders have put quarterly profits ahead of corporate responsibility. Much of American manufacturing and a significant portion of the technology service industry have been outsourced to China and India. China's cheap labor and India's tech-savvy workforce are well documented in Thomas Friedman's book The World is Flat. As the economies of China and India have matured so have wages in these countries. Outsourcing is no longer as cost effective as it once was. The New York Times reports that wa