2021 — THE YEAR TO CUT DEBT BY 35% — THE AVERAGE SAVING RATE IN THE UNITED STATES IS 15%. SET YOUR GOAL TODAY TO ACEHIVE ATLEAST THE AVERAGE BY CUTTING SPENDING AND DEBT

Profit Shouldn’t Be a Dirty Word — BUT EXCESSIVE DEBT IS A PROBLEM

With the economy sliding into a recession that will be worse than 2008, a lot of people in the material handling industry are expecting good times without having to make any changes in the way they do business.

Unfortunately, that means the continuation of one particular practice that played a major role in getting the economy in trouble a few years back.

material handling equipment, profits

Nobody benefits when profit is eliminated from the economic equation.

With the economy slowing, a lot of people in the material handling industry are expecting good times without having to make any changes in the way they do business.CLICK NOW — START AN ONLINE BUSINESS

Unfortunately, that means the continuation of one particular practice that played a major role in getting the economy in trouble a few years back.

When the “dot.coms” were flying high, they experienced rapid growth by the simple method of offering impossibly low prices and constant expansion into markets about which they knew nothing.

They operated at a loss for years on end, promising investors that it would all turn around when they had achieved sufficient market share.

Eventually, of course, this “lose a little on each deal but make it up in volume” business model blew up in their faces. The balloons popped, one by one, and the economy followed them down the tube.

In the material handling industry, this discredited business model is still very much in evidence. Too many companies have played the merger game, getting themselves involved in markets that they know nothing about.FREE BUSINESS INFORMATION — CLICK NOW

Too many have played the numbers game, moving money from one pocket to another to make themselves look good for one more quarter (this is called managing for stockholder value), totally forgetting about long-range planning. Continue reading “2021 — THE YEAR TO CUT DEBT BY 35% — THE AVERAGE SAVING RATE IN THE UNITED STATES IS 15%. SET YOUR GOAL TODAY TO ACEHIVE ATLEAST THE AVERAGE BY CUTTING SPENDING AND DEBT”

15 STEPS TO STARTING YOUR SMALL BUSINESS

ONLINE BUSINESS, INTERNET BUSINESS, MULTI LEVERL BUSINESS, HOMEBASED BUSINESS

15 Easy Steps to Starting Your Small Business BY EVE JACKSON — 2006

When I was first starting up my business, I searched for a good article on startup, and couldn’t find any, so I decided to write this short guide.

starting a small business, small business startup guide

Yeah, sure it’s easy, and of course, that title is a little tongue in cheek. It takes a lot of hard work to get a business off the ground. But, it’s worth every hour I’ve spent getting to where I am now.

When I decided to start my communication and image consulting business, I tried hard to find a good startup guide. I couldn’t find any that had all the steps. So, I decided to write one. So far, it’s mostly just the bare-bones outline (which is long enough as it is) you see in this article.

I’ll be adding to it every week or two, and writing more detailed articles on all the steps, so try to stop by and check it out from time to time. Let me know how I’m doing. Shoot off an email to me if I’ve forgotten something or you have questions.

Before you spend so much as a dollar, talk to a few experts. Go to the library or get on the internet and research, research, research. Take a little time to make sure entrepreneurship is right for you.PASSIVE AND RESIDUAL PART TIME INCOME

Make a pro and con list of business ownership, and evaluate yourself honestly. How many characteristics do you have in common with successful entrepreneurs? Is your financial position strong enough? Do you have the necessary technical and management skills?

You’re not going to be the perfect entrepreneur. Nobody is. But in order to make yourself the best entrepreneur you can be, consider ways to compensate for any weaknesses you might have.

I’m from Canada, so the government agencies I’ve mentioned in this guide are Canadian, but really, it can be used by anyone. All you have to do, if you’re from somewhere other than Canada, is find out where you need to find some of the things I’ll talk about.

Some of the steps might be slightly different, and you may not have to worry about things like GST for example, but I’m sure you’ll find this discussion helpful all the same. Continue reading “15 STEPS TO STARTING YOUR SMALL BUSINESS”

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