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My sister Stephanie Storm-Robertson may have been fired due to the recession, but she's definitely not a victim of the economy. In 2009, her 22-year climb up the corporate ladder came to a stop when she was laid off from her position as an executive at Eddie Bauer. She oversaw $250 million worth of women's apparel inventory in more than 500 Eddie Bauer retail stores. But when the economy
Working with a business partner drastically changes the dynamics of running a business. A great business partner can add a lot to a venture. On the other hand, entrepreneurs can also benefit from going solo when the alternative means an incompatible partnership or working with a partner who doesn't have the right skill set or experiences necessary for success. Having a business partner has
Recent Articles in Small Business
What Is the JOBS Act (Jumpstart Our Business Startups)April 30, 2012
H.R. 3606, Jumpstart Our Business Startups Act (JOBS) was passed by the House and Senate on March 27, 2012 and signed into law by President Obama on April 5, 2012. While most
How to Improve Customer Service in Your Business & Make It GreatApril 25, 2012
When was the last time you enjoyed a truly superb shopping experience? According to research, less than 10% of consumers are satisfied with the customer service they receive,
What Is Multi-Level Marketing (MLM) – Companies, Tips & ScamsApril 24, 2012
Multi-level marketing first appeared on the U.S. scene in the 1940s. Carl Rehnborg, an American businessman, sold a product called Nutrilite, which was said to relieve a variety of
20 Ways to Manage & Increase Small Business Cash FlowApril 20, 2012
While sales are the muscles of a business, cash flow is its life blood. Cash flowing regularly into a company is necessary to pay salaries, buy materials, and literally keep the
13 Ways to Cut Administrative Overheard Costs in Your BusinessApril 10, 2012
The costs of running a company are often hidden, but can be substantial. Cutting these costs is as effective as cutting the direct variable costs of labor and materials. Unlike
What Is Cloud Computing and How Does It Work? – Definition & OverviewApril 5, 2012
From floppy disks to CDs to USB flash drives, file saving and sharing has undergone a significant evolution over the past decades. The devices to share files are becoming smaller
15 Surefire Ways to Increase Revenue in Your BusinessApril 4, 2012
Sales are the single most important activity in which a company can engage. They allow companies to hire people, buy equipment, and manufacture products or deliver services.
How to Reduce Labor Costs in Your BusinessApril 3, 2012
Salaries and wages are one of the largest costs of every company, and are often the most difficult to control. But changing compensation is touchy for those who are affected, so it
14 Ways to Reduce Materials & Cost of Goods Sold in Your BusinessMarch 31, 2012
Whatever product you or your company makes, the cost of your materials is probably one of your largest expenses, directly affecting profitability. But how do you reduce material
Building Your Personal Brand – Secret to a Successful Career ChangeMarch 30, 2012
We often hear the phrase "personal branding" in the mix of marketing lingo. But it's hardly another prod by marketers to push goods and services in your face. Conversely, personal
