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Small Business Equipment Strategies to Preserve Cash

These ideas are a subset expansion of the blog post, US Small Business: Cash Flow Strategies for 2011, originally posted 4/14/2011, to elaborate on Business Equipment strategies

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Small business owners are scratching their heads these days and wondering if it is now safe to actually grow their businesses.  Many are seeing rising sales for products and services, but are skeptical as to whether this good fortune is here to stay.  So now, the rock is the customer orders, and the hard place is the capacity to deliver on customer promises, and the small business owner is smack dab in between. Read More…

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How to Catapult Your Blog to Stardom

Guys and Ladies, you’re going to love this Vlog post.

This week I had the opportunity to interview Chris Ducker, President and CEO of the Live2Sell group of companies based in the Philippines, and evil originator of the Virtual Business Lifestyle blog.  This 15 month old blog that started as a personal mission statement for Chris now has over 11,000 fans on Facebook, 13,000 Twitter followers, and gets about 15,000 readers a month. This post gives you some insight as to how he did it and how you can get started. Read More…

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Energy Management Strategies for Small Business

These ideas are a subset expansion of the blog post, US Small Business: Cash Flow Strategies for 2011, originally posted 4/14/2011, to elaborate on Energy Management strategies

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Small Businesses need to extract every penny from their operating costs  in order to compete in 2011.  There are uncertainties to say the least about Health Care and the state of the economy in general, and that makes small business owners nervous.  One thing you can bank on—the price you pay for your plant and office energy will be on the rise. Read More…

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The Small Business Osama bin Laden: What’s Your Target Strategic Threat?

Small Business owners have thousands of issues to deal with each year, to the point where it is overwhelming to prioritize and focus upon the main thing, that Pareto 20% of stuff that will make 80% of the difference to you.  Business owners can profit by identifying their key target strategic threat and designing a game plan to find where it is hiding, contain it and if possible, snuff it out. Read More…

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Business Process Outsourcing Strategies for Small Business

These ideas are a subset expansion of the blog post, US Small Business: Cash Flow Strategies for 2011, originally posted 4/14/2011, to elaborate on BPO strategies

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Now isn’t this a fine pickle we find ourselves in?  I mean for US Small Businesses, who want to believe oh so badly in an economic recovery, but hear and see conflicting accounts of what is happening in the world.  In the midst of uncertainty, my dad always told me to look to myself and control what I can and don’t worry about the rest.  Easy for him to say, yet sound advice.  What we as small business owners can control is our cash, and that means having a cash flow and cost reduction strategy to service customers and not take on the water of unnecessary expenses. Read More…

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US Small Business: Cash Flow Strategies for 2011

To believe or not to believe, that is the question.  Of course, with regard to US Small Business, I’m talking about the economic recovery, or the purported economic recovery.  One side in Washington says things are coming around, yet seems to consistently do everything possible to punish small business.  This small business owner says cash is king, and if you don’t have a cash flow strategy, it’s high time you get one. Read More…

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Leasing vs. Buying Business Equipment

Does it make more sense to lease business equipment or buy business equipment?  As we slowly and tentatively ease into what the talking heads on TV are calling an economic recovery, you may be thinking about upgrading that outdated processing equipment and getting a new machine that’s better and faster.  Perhaps you even see your backlog increasing again and you’re realizing you have ridden your existing capacity until the wheels are falling off, and if you want to grow the business, you need some equipment.  It might be wet process equipment, machine shop stuff, forklifts or new PCs for the office, and depending on what it is, your situation and plans, there are a several options to consider so that you can put the equipment in place and start using it, immediately.

Leasing equipment is generally a better option for manufacturers who have limited out-of-pocket capital and where business needs require upgrading equipment every few years.  Read More…

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