Posted in Business Basics on Feb 6th, 2008
Running a small business can be tricky – especially when it comes to money. Entrepreneurs often experience financial ups and downs that are collectively referred to as ‘feast or famine’ cycles. If you are shaking your head in agreement, read on. Aside from sticking to a budget and not spending lavishly on things you want [...]
Read Full Post »
Posted in What's Hot in Business on Feb 2nd, 2008
Okay. So I’m officially addicted to the StumbleUpon toolbar, which is so cool! With the click of a button you are brought to random sites (based on categories chosen when you sign up) where you can rate them, leave reviews and add them to your favorites. It’s a great way to discover even more useful [...]
Read Full Post »
Posted in Business Extras on Feb 2nd, 2008
When determining prices, it is important to first calculate ‘cost-based prices’ or what it costs you to be in and stay in business. Costs include business and administrative expenses (including recurring expenses such as phone and utility bills, rent, etc.), salaries and benefits. After determining your costs, you need to calculate your salable time. Keep [...]
Read Full Post »