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Startups and Surety Bonds: Does Your Small Business Have to be Bonded?

One of the common questions of many small business owners — especially those running a service-oriented business such as plumbing, cleaning, landscaping — is whether they need to be bonded. Is insurance enough? Why do they need to get bonded? I’ve invited Kevin Kaiser, a small business compliance expert at nationwide bonding agency SuretyBonds.com to shed light on what is a surety bond, and why your small business needs to be bonded.

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Sourcing and Manufacturing Your Products Abroad: How to Use Alibaba.com

As a small business owner, an important element to creating and sustaining a successful business is a constant and reliable source of quality products. The key question of course is where to find these suppliers and manufacturers.
If you are open to finding manufacturers and suppliers from other countries, particularly China, check out Alibaba.com . Alibaba.com [...]

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Learning from Successful Small Business Women Entrepreneurs

One of the questions we normally ask women entrepreneurs we feature on Women Home Business is: What advice can you give other entrepreneurs?
Here are the tips and advice our featured entrepreneurs shared:

Suzanne Meyer, Founder of the personal greeting service business The Welcome Committee
Find your passion and be true to yourself. Anything is possible when you believe [...]

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5 Ways to Test Your Business Idea Affordably

Before you pour your life’s savings or a huge chunk of your time into your business, it is best to test first whether your business idea will work or not. Avoid spending large sums of money and get excellent feedback by following some low-cost tactics to research your business:

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How to Get Six-Figure Income

Do you have what it takes to achieve financial success?
Barbara Stanny in her book “Secrets of Six Figure Women” explores the strategies that financially successful women – from entrepreneurs to corporate executives to freelancers and part-timers — employ to reach their highest income potential.
According to the author, here are the eight secrets of six-figure women:
1. [...]

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7 Smart Things Successful Businesses are Doing to Ride Out the Recession

Jay Abraham, author of the upcoming book The Sticking Point Solution: 9 Ways to Move Your Business From Stagnation to Stunning Growth In Tough Economic Times has written an excellent piece on how businesses can grow in this tough economic climate.

He offers 7 “smart things that successful businesses are doing in order not just to [...]

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Can Your Business Make a Lot of Money?

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 offer.

But [...]

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The 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 web [...]

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Starting 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.

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But an economic downturn shouldn’t stop you from pursuing your business endeavors. As they say, the right time to start business [...]

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Tips on How to Launch a Business During a Recession

Robert Tuchman, successful entrepreneur and author of the new book YOUNG GUNS: The Fearless Entrepreneur’s Guide to Chasing Your Dreams and Breaking Out on Your Own gives out eight steps on how to start a business that actually makes money, even in this tough economy:
1. Start with self-financing.
2. Borrow, but with caution.
3. Do business from [...]

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