When starting a business, our first thought is often: Can I make money with this business? I previously wrote about how to evaluate a business idea in the article Evaluating Your Business Idea and Product . The article lists some helpful questions you need to ask yourself when thinking of what products or services to [...]
Follow @powerhomebizThe Importance of Accessibility of Location to a Small Business
The owner of a company I recently featured in Learning from Big Boys in the blog post Lessons on Retailing: Demory’s Christmas Memories contacted me through Facebook that after celebrating 10 years in business, he had to announce that the business is for sale. Their Christmas business operated one store in Maryland. They have a [...]
Follow @powerhomebizMarketing Your Business in a Down Economy
Experts say that cutting marketing in tough times is a bad idea. When the going gets tough, businesses must work harder to market their businesses. In fact, they advice that now is the time to pull out all the stops in marketing. After all, it’s survival times. While there is no magic number as to [...]
Follow @powerhomebizBeware of "Google" Scams: Google Money Kit, Cash Kit, Quick Cash, etc.
Beware of business opportunity companies that uses the name of Google — e.g. Google Money Tree, Google Cash Kit, Google Quick Cash, or whatever the other names are. They are all running a scam using Google’s name. And I must say that they are succeeding pretty well, convincing a lot of people with snapshots of [...]
Follow @powerhomebizStarting a Business in a Recession
Many people are scared of starting a business during a recession. Times are tough, and people are not spending — which makes the idea of starting a business in a downturn even more daunting. But an economic downturn shouldn’t stop you from pursuing your business endeavors. As they say, the right time to start business [...]
Follow @powerhomebizHow to Earn from Your Videos
With the rapid growth of broadband, videos have become a vital part of the Web and watching videos on the Web have become much more commonplace. My 4-year old son, for example, is addicted to YouTube and watches videos of Bugatti and Ferrari cars. But if you’re at the other end of the spectrum and [...]
Follow @powerhomebizSelling to the SOHO Market
As a business owner, you might have experienced being contacted by other firms trying to sell their products and services to you. In my case, I get a lot of emails and phone calls from other businesses offering anywhere from their phone systems to computers to accounting services. One thing that strikes me though is [...]
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