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Small Business Tip of the Week: Monitor Late Payments
11 hours ago ago from The StartUp Blog at PartnerUp
The holiday season is full of distractions and can be hectic for both customers and businesses. Now is the time of year when customers might be too busy to remember to pay all their bills and businesses might be too busy to notice the delinquency. Because late payments are a drain on your business’s cash flow, make sure to stay on top of them this time of year especially.
Related contentSmall Business Startup Advice
18 hours ago ago from Back Suffering Blog
As layoffs mount, the number of small business start-ups is on the rise too. According to research by Rob Fairlie, professor of economics and finance at the University of California at Santa Cruz (on behalf of the Kauffman Foundation), an average of 3.4 million new businesses were launched on average in the U.S. each year between 1996 and 2006. In 2007, that number jumped to 3.9 million. While 2008 figures haven't been released, even more new ...
Related contentCapital Gains Tax Breaks and The Coming Small Business Investment Boom
11 hours ago ago from Growthink -
Showing once again where our modern media priorities are, shoved off the front page last week by more lurid Tiger Woods talk, was the very under-reported but potentially game-changing proposal that President Obama made last week regarding eliminating all capital gains taxes on startup and small business investments. There are so my ways that this is good for small business, for America, and for private company investing. Let me note three: ...
Related contentFoursquare + Square = Killer Small Business Social CRM [Convergence Point]
10 hours ago ago from The SiliconANGLE
Parker Smith wrote a piece that got me thinking. In Foursquare: Democratizing the Loyalty Program , he posits that Foursquare could be the loyalty program provider to small businesses. I think he’s right. Then I noticed these identical product benefits touted by the companies themselves, Foursquare and Jack Dorsey’s Square: For example, foursquare can tell you how many times a customer has been to your venue or the frequency of ...
Related contentfigure out what VC's really want to know - makeastartup.com
11 hours ago ago from makeastartup.com - LIFE AS AN ENTREPRENEUR
VC’s often ask entrepreneurs of early stage companies questions that they can’t realistically answer. For example: 1. What’s the cost of customer acquisition? (most entrepreneurs have no clue. Plus, even with early data, this answer can change radically with scale) 2. What will the product look like in 5 years? (Who knows? Product evolution is rarely linear. You may be going after a completely different problem in 2 years) 3. ...
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