October 9th, 2009 | 
Author: Every small business has to the potential to grow and expand. This is every business owners’ dream
come true. Sometimes, small businesses need a sense of direction or advice from sources more experienced than them. When looking for small business tips, you can always get some from experienced entrepreneurs. These are individuals who have been in business for a long time and have managed to overcome many challenges.
Small business forums are another excellent choice when you need small business tips. You get to socialize and exchange ideas with other business owners. If you have a question, there are people willing to help and give you answers. You also get to know other individuals who are in a similar business as you are. They can give you support if your business is going through some challenges and even help you overcome them. Everyone has their own definition of small business tips. You have to learn to differentiate what can work for your business and what may not apply.
However, there are general business tips that many successful businesses have used over the years. When you are starting or already have a small business in existence, one thing that is a requirement is that you have to know yourself, your product or service and your business. Have a clear vision and direction. You have to know how to merge your strengths with your target market. Knowledge of your product or service is an assurance to the customer that you have confidence in whatever you are doing.
The mechanics of running the business should be at your fingertips. If for example all your employees were to go on strike, you have to be able to do and manage what they are employed to do. You have to know your business in and out. Keep an open mind and learn how to use technology for the advancement of your business. In addition be consistent, honest and always do exceptional work.
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About.com has a weekly newsletter on most topics – I use it to get weekly marketing tips sent to me. Looking at their site, they have a small business section with a weekly email. You can sign up here:
http://sbinformation.about.com/gi/pages/mmail.htm
Good luck!
Actually…he never really made money either…he was born with it dumbass…and i bet you and i could do easily what he does if we were rich.
How can you not be making money when you have money ? «Its easy…when the economy goes down and prices are low…you buy a lot…when it comes back up….the prices come back up…then you sell…and the rest of the world follow’s your lead since youre rich…and then youre allwais one step ahead…aint complicated…
But whitout money…cant do that
This guy seems to know his stuff.
you are a rich guy? have you ever made some real money? or you like to chat?
this Trump is the only one making money out of those bullshit seminars…only way to make money…is to have money….there is no special secret….if you have money, you can easily make money….aint nothing to do with some special magic tric tips some rich guy would give you….wake up, go to school, make money, and use it to make more…aint that complicated…if you are in a rush, then take risks, sell drugs, pimp hoes and buy real estate after some laundry…aint no magic tricks…
Hi Megan;
Ask yourself first, why am I doing this and what do I hope to gain?
How long has the business been operating and is it profitable? Does it have a positive cash flow? Why is the owner offering you a share? What influence will you have over the way the business is operated and what share of earnings will you receive.
Frankly Megan it all goes back to motive. Yours, and the present owner. What are you getting? Why are they selling? What is in it for you?
Control of a business is always held by the majority owner. As owner of one third, you have little influence unless the current owner is willing to give it to you. If so it must be in writing as a shareholder agreement. Independant legal advice is critical to your decision. You should have an accountant review the financials of the company before a decision is taken.
Good luck but more important, be careful
Fred Norman