Foreign Receivables Insurance: A Tool to Grow Your Business

If you have a business that sells product or service internationally, or if you are considering selling your product or service to foreign buyers, you may want to consider using receivables insurance as a way to grow your business and mitigate risks commonly associated with international sales. If you are selling internationally, the least risky […]

The Answers Are Different This Week

“In preparing for battle I have always found that plans are useless, but planning is indispensable.” -Dwight D. Eisenhower For many of us, allocating time to plan becomes a significant challenge of priorities. Do we work on the urgent or the important today? Frequently, this becomes the question of the day. In most cases, if […]

The Most Important Cost You Never Consider

Small Business Opportunity Cost

John is a web designer.  He owns a small web design company and carefully considers the cost of labor, especially outsourced jobs, when he bids on a new website project.  Sometimes, to save money, he’ll do most (if not all) of the work himself, especially on smaller jobs.  He makes a profit most of the […]

Four Factors to Consider When Expanding your Business

There will come a time when you will saturate the market and have to consider growing your business by entering a new location. While there are many factors to consider, current relationships could play a major role in the success of the new location. As you and your team begin searching and planning, remember to consider […]

Focus on Your Strengths and Grow

As small business owners continue to tighten their belts, minimize discretionary spending, and watch as friends and family lose their businesses, their jobs, their homes and suffer personal challenges during this recessive economy, it is critical to focus your energies on your business strengths. For those companies who have weathered seasons of the highs and […]

GrowSmart

Whether you’ve been in business for twenty years or two years, SBDC GrowSmart™ can align your vision for your business with the steps to get you there. Create a framework to improve the performance of your business and shape the success of your business for years to come. Work ON your business, not just IN […]