Key Elements of a Sales Agreement

It is vital that a written agreement be established spelling out specific services to be provided, when, at what price and other pertinent terms. This written document initially can be the Sales Proposal and then be modified to be the […]Continue reading «Key Elements of a Sales Agreement»

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Improve Your Chances For a Loan

Getting a small business loan is not easy. Here are some tips from Robert Seiwert that offer a glimpse into how bankers think. 1. Get to know bankers at several institutions. Find out which banks in your area make loans […]Continue reading «Improve Your Chances For a Loan»

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Tips for an Effective Home-Based Business

You cannot operate a business at home successfully if you try to do it in a casual, ill-planned way. First, find out if you are suited for a business in a domestic environment. To be successful, you must treat your […]Continue reading «Tips for an Effective Home-Based Business»

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Three Quick Steps to Finding New Customers

Step1: Determine unique characteristics, approximate size and location of your trading area. How far will your average customer travel? The Statistics Family Expenditure Survey can identify what the average household spends on goods and services. Population forecasts for your area […]Continue reading «Three Quick Steps to Finding New Customers»

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Cash Flow

What is cash flow, and why is it important? Simply, cash flow shows how cash comes into and goes out of a business. Cash flow statements report where money comes from, where it goes and when the cash flows occur. […]Continue reading «Cash Flow»

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Four Businesses Named SCORE Greater Cincinnati Clients of the Year

Contact: Melinda Zemper Sept. 24, 2014 Phone: (513) 706-3737| Email: mzemper@fuse.net Four Businesses Named SCORE Greater Cincinnati Clients of the Year Cincinnati and national SCORE celebrate 50th birthday A nonprofit that builds self-esteem in girls through art, video production studio, […]Continue reading «Four Businesses Named SCORE Greater Cincinnati Clients of the Year»

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Innovation

Innovation, in a business context, is generally thought of as the product or application of creativity. Peter F. Drucker suggests that innovation “is the specific instrument of entrepreneurship.” Mr. Drucker further suggests that there are seven sources of innovative opportunity. […]Continue reading «Innovation»

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Owner’s Checklist for Starting a New Business

Background work assess your strengths and weaknesses establish business and personal goals assess your financial resources identify the financial risks determine the start-up costs decide on your business location do market research identify your customers identify your competitors developContinue reading «Owner’s Checklist for Starting a New Business»

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Break-Even Analysis

A significant advantage of some business ideas is that the venture can break even at what seems to be an easily achievable volume. A technique for quantifying that volume, called break-even analysis, examines the interaction among fixed costs, variable costs, […]Continue reading «Break-Even Analysis»

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Sharpen Your Unique Selling Proposition

In his book, The Road Ahead, Bill Gates of Microsoft writes of “friction-free capitalism” made possible by developments in communications, chief among them the Internet and its World Wide Web. In this context, “friction” is everything that keeps markets from […]Continue reading «Sharpen Your Unique Selling Proposition»

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