Archive for economy
You are browsing the archives of economy.
Should You Barter?
During difficult times, many small business owners turn to bartering as a way to exchange products and/or services with other business owners without exchanging cash. While this can be advantageous for both parties if done correctly, there are a few things you should consider in advance:
1. Do you REALLY need the product / service?
Just because - Continue Reading
Getting Past “No”
During these challenging economic times, many people are thinking harder and longer about purchases before parting with their money. For small business owners, this translates to hearing “NO” more often than in the past. Learning to get past “NO” and to successfully keep the potential customer engaged is critical. Here are some tips to help - Continue Reading
5 Ways to Boost Your Energy
Even the most positive, high energy people sometimes find themselves in an energy rut. This can be a big problem for the small business owner who already has too much to do in too little time. If you find yourself in this situation, here are 5 strategies you can employ to boost your energy and get - Continue Reading
Business Lessons I Learned during Childhood
Although I didn’t always appreciate it, I learned many valuable lessons during my childhood that help me today as a small business owner. These lessons, combined with my personal values, create a solid foundation upon which I can build my business during good times and stand firm when times get tough. Below are just a - Continue Reading
5 Strategies to Retain Your Customers
Many business owners put great emphasis on growing their businesses by attracting new customers. They often create specialized marketing campaigns which include promotions and incentives for new customers to come on-board.
While attracting new customers is important, it is also important to put some focus on retaining your existing customers. Keep in mind that it generally - Continue Reading
So You’ve Failed… Now What?
As a business owner one thing is certain, you eventually will experience failure. You may call it “a challenge,” “an opportunity” or “one step closer to success,” but deep down inside you know what it really is and how it makes you feel. It’s failure and it feels lousy. – Continue Reading