I found this post on the American Express Open Forum the other day I think it is right on about so many parts of small business ownership/operation that I had to share a link to it here.
Added by Michael Bowers on November 22, 2011 at 10:36am — No Comments
You launched your business. You have built out the product, you are getting favorable reaction from your early market entry, you even got some early financing. Things are going great. This entrepreneurship thing is a piece of cake, right?
WARNING ~ Celebrate early success but don't take your foot off the gas.
There is a life cycle to business growth and even if things are working at the beginning there are a lot of different issues you will have to deal with…Continue
Added by Michael Bowers on November 21, 2011 at 10:00am — No Comments
Do you have a blog for your small business? You should consider it. Blogging enables you to build credibility, expertise and thought leadership in and around your business. It is also a great way to showcase information about your product or service in a way that provides you flexibility to add information on-line without having to make changes to your primary website. Given all of these advantages the biggest challenges in blogging typically revolve around generating ideas to write about…Continue
Added by Michael Bowers on November 17, 2011 at 12:12pm — No Comments
I talk to people everyday that want to start a business. Most of them have interesting ideas but things start to go down hill from there. Many people get bogged down in complicated business processes, creative legal structures and the need for large amounts of financing. Due to this they may never get started. To these people I recommend you step back and take a deep breath. Don't make starting a business any more difficult than it needs to be. Simplify, especially in the early stages of the…Continue
Added by Michael Bowers on November 10, 2011 at 9:57am — No Comments
I just finished a meeting with one of my favorite small business clients and came to some realizations about business planning. In our case we are working on developing and implementing new business and revenue strategies in an already successful business. Through our discussions we have looked at the current operations to establish a baseline then have worked to develop new strategies from there. We are being careful to maintain the integrity of the mission that the business owner developed…Continue
Added by Michael Bowers on November 2, 2011 at 4:30pm — No Comments