Contributed by Jacob Thompson A mobile merchant account allows for a business to accept mobile payments through a cell phone or mobile device. Here are just five ways accepting mobile payments can help expand your business. [...]
You have probably heard the adage “the first step is the hardest.” Nothing could be truer when it comes to success, because you need to find your passion! It’s the reason most people flounder or [...]
Why Understanding Success is So Important Most people seek out the service of my company when they are frustrated. While often they say it is their business, more often than not it’s because they haven't [...]
The statistics are shocking as to how few small business owners really think about transition planning, or more traditionally referred to as exit planning. To become a successful business owner you need to become an [...]
Business growth is a challenge for many small business owners. I frequently find the reason for their struggle is they are focused on the wrong business goals for their stage of business growth. All small [...]
Do you work your business like a job for a paycheck or do you build an asset which will generate wealth like an on-going annuity for you and your family? This is what keeps small business ownership [...]
During this time of year most of us stop long enough to take a breath. If you use this time correctly you can actual put your life and business on course for success. You see [...]
People throw around the term “entrepreneur” like you wake up one day and decide you’re going to be one! Nothing could be further from the truth. The problem is many who call themselves entrepreneurs are [...]
Sluggish business performance is a pretty subjective phrase. I define it as anything that prohibits and entrepreneur from achieving their realistic business goals in the specified timeframe. There is a critical word in that definition [...]
Stagnant growth is a result of a misfiring revenue engine. In order to grow your business you must expand. The revenue engine is a concept DE, Inc created to explain how to evaluate the operational [...]
Poor cash flow is a critical concept that many entrepreneurs don’t fully understand. I believe this is because they usually hear about it from accountants that try to explain it in accounting terms. Poor cash [...]
If your profitability is not where you want it, then only 2 things can be causing it – either you don’t have enough revenue and/or your expenses are too high! [...]
Do You Know Why You have Underperforming Revenue?Many entrepreneurs jump to the conclusion that if they have underperforming revenue it must be a sales problem. While more times than not this is the case it [...]
I know small business owners with several companies within the construction and real estate industries that have nearly doubled their assets even in a bad economy. How is that possible? Growing a business is a [...]
Growing a small business is actually a simple process. There is a defined and predictable formula to small business growth. The problem is most small business owners don’t take the time to learn the formula! [...]
Many people are afraid of factoring, but frequently that’s because of the stigma often attached by the banking community to this form of financing. There actually are many very positive aspects to factoring. See if [...]
Recent activity in my consulting business has revolved around a number of start-up companies. It has made me revisit the foundation of the small business growth cycle once again. One of the observation I that [...]
Accounts Receivable Factoring Factoring may not be the world's oldest profession, but not far from it. This financial practice can be traced back to theRoman Empire. Factoring was the dominant form of finance in the [...]
Entrepreneur financial problems are one of the biggest challenges they face. Usually it’s because they don’t have enough financial resources to accomplish their business goal. This is because a business cannot exist without financial resources, [...]
One of the first questions I ask clients when I start working with them is “what is your strategy to exit your business?” Most of them say “I don’t know” or more frequently “I am [...]
