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Will Small Business Owners Give Out Bonuses This Year?

By Andy Roe of SurePayroll More than 60 percent of small business owners will offer a holiday or year-end bonus to employees this year, according to the November 2016 SurePayroll Small Business Scorecard®. It’s a spike from two years ago when SurePayroll surveyed business owners about bonuses, and only 52 percent were providing additional pay. This year, 64 percent will ...

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The First Timer’s Guide To Getting A Small Business Loan

By Meredith Wood of Fundera According to the Bureau of Labor Statistics, only 19.5 percent of businesses survive past their second decade of operation. A key culprit of failure is a shortage of cash: one small business survey conducted by Babson College found that owners were four times more likely to seek funding from large financial institutions, applied for a ...

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3 Tips To Help Write A Pitch That Will Get Your Startup Off The Ground

  Writing a pitch that will get a venture capitalist to agree to entrust you with thousands or even hundreds of thousands of dollars isn’t easy. The reality is, no matter how polished your presentation, no matter how promising your sales data is and no matter how specifically tailored your pitch, you might very well receive a definitive no for ...

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Communicating To The World: Why Open-Source Could Help Your Small Business

  Just as groundbreaking advancements in technology in the ‘90s and 2000s have fundamentally changed the way film, music and television are produced and distributed today, more recent tech innovations have also provided entrepreneurs with the tools they need to compete in the global marketplace. Here is a look at some of the open-source solutions that you can use in ...

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California Tax Law: The Good, The Bad and the Ugly For Small Business Owners

  Each year, tax codes change, which can become complicated for many small business owners. If you’re not aware of the laws, you risk being penalized down the road, which can cause a huge financial blow. Sometimes, the changes to tax laws can benefit your business. If you’re too busy to meet with a tax attorney, here is a general ...

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4 Reasons Why Running A Business In Detroit Is Unlike Running A Business Anywhere Else

  The character of a city is made up by the people, the culture, and the surrounding environment. That environment consist of where you live, work, and play. As a business owner, what does Detroit offer you that is unique from other cities?     Location Detroit borders Windsor, Canada. An ideal position for businesses to expand and grow. “Our ...

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Business Profitability: 3 Reasons Why Inside Sales More Effective Than Before

  Recent advances in internet-based enterprise technology has had a seismic impact on the way business is conducted. Transaction processing is much easier and faster, and customer relationship management is more efficient, improving the efficacy and profitability of inside sales. Here are a few reasons why every burgeoning entrepreneur needs to consider making inside sales part of their overall marketing strategy. ...

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Embracing Generational Change At The 2016 America’s SBDC Conference

By Bob House of BizBuySell Along with other influencers in the small business space, I recently had the opportunity to attend and speak at the 36th annual America’s SBDC Conference. America’s SBDC represents a nationwide network of nearly 1,000 Small Business Development Centers (SBDCs), which provide small business owners and entrepreneurs with no-cost business consulting and low-cost training to be ...

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4 Essential Steps For Creating Your Most Successful Marketing Plan

By Billy Polson of DIAKADI You have mastered section one of the entrepreneur’s guide to success: You have created a product or service that is valuable, and if you are lucky, essential to an expansive audience of clients. Now comes the difficult task of gaining exposure to these individuals and growing your business. Below, I offer you the four fundamental ...

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Self-Improvement: How Investing In Yourself Is Always Wise For Your Business

  As an entrepreneur, one of the most important investments you’ll ever make is in your own professional and personal development. Whether your ambition is to open a successful third wave coffee shop in a small town or to become the next Mark Zuckerberg, you will need the skills and knowledge to come up with innovative concepts, as well as ...

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