Get another chance to win a Lenovo computer! Participate in a short survey about small business purchasing. The survey wants to answer the question: Do small business owners act like consumers in their choice of the online information resources that subsequently affect their purchasing decisions? Answer this 15 question survey and be one of the winners of this giveaway contest.
Follow @powerhomebizWhen a Potential Investor Says “No”
May 17, 2010 By Leave a Comment
You may have a business idea that you’d think will shake the world. The problem is, you don’t have the money. And for the business to see the light of day, you need investors to provide you with funds you need. But you hear the dreaded word from the investor – “No.” Learn how to turn this rejection into an opportunity to improve your next pitch.
Follow @powerhomebizCreative Ways to Cut Monthly Business Costs
May 11, 2010 By 1 Comment
If you want to make the money and the month line up better, you may need to rethink some of your business assumptions – including what constitutes a must-have expense. Following are a few ideas that can help improve your overall cash flow.
Follow @powerhomebizHow the Estate Tax Will Affect Your Small Business
May 6, 2010 By 2 Comments
The estate tax, also called inheritance tax or death tax, is a costly burden for small family-owned businesses. It is a tax that will not only affect children of the moneyed elite, but those who run successful businesses. Learn how estate taxes can potentially affect you.
Follow @powerhomebizHiring An Accountant: How to Protect Your Business From Embezzlement
April 27, 2010 By Leave a Comment
News wires recently reported that famous romance novelist Danielle Steele was a victim of embezzlement by her own staff . Here are some things you need to do to protect your business and ensure that your accountant is not dipping his/her fingers into your bank account.
Follow @powerhomebizBenefits of Hiring Family Members for Your Business
April 8, 2010 By 2 Comments
What are the benefits of hiring family members, especially your kids, for your business? Learn the advantages of working with family members, especially your kids, in your small business.
Follow @powerhomebizCoping with the Rise and Fall of Self Employment Income
April 2, 2010 By Leave a Comment
As a freelancer or a self-employed business owner, one of the realities you will face is the fluctuation of income. Unlike employees with a fixed salary, it is hard to predict exactly how much you will earn from month to month. There are times when income is good and the money keeps pouring in, and times when income slows down to a trickle.
Follow @powerhomebizHow Much Do You Make from Your Business?
March 12, 2010 By 3 Comments
You start a business with the hope of primarily making a living from the business. Whether you want to earn just enough money to cover your living expenses or money that will allow you to live a jet setting lifestyle, the business needs to earn money for you. But are you making money from your business?
Follow @powerhomebizAnalyze the Financial Numbers of Your Business
December 28, 2009 By Leave a Comment
The only way you can really know how well your business is doing is by knowing the bottom-line. This assumes, however, that you are able to do regular bookkeeping, generate financial statements based on your bookkeeping journals, and analyze those statements to really understand the financial condition of the business. Do you know your margin [...]
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