News & Picks From The World of Small Business For November 20 2017

Business Today - Monday, November 20, 2017

Here’s Today’s Small Business News & Picks For Monday, November 20, 2017

Protecting Your Intellectual Property Is More Important than Ever » Succeed As Your Own Boss

Succeed As Your Own Boss ENDING SMALL BUSINESS FAILURE November 20, 2017 By Melinda Emerson Leave a Comment When you see or hear the abbreviation “IP,” it stands for Intellectual Property. IP is a key asset in a small business.

Simply put, intellectual property is the ownership of concepts, processes and ideas, as opposed to physical property which characterizes a tangible asset. IP is fast becoming the major delineator among business owners who are competing for market share…More at

4 Tips to Develop Better Business Leadership

You’re the proud owner of your small business. So you wake up early, and you’re the first to get to work. But as soon as you get through the doors, there was a fire in every part of your business…

Your marketing systems broke down, there were upset customers calling the whole night before, taxes were due today, the inventory was understocked … and on top of all that, your two best employees called up to tell that they won’t come to work.)

So, you had to take your …More at

Staying Healthy: Top Consumer Trends for 2018 – Small Biz DailySmall Biz Daily

Mintel recently announced its four key trends set to impact North American consumer markets over the coming year. It believes Americans and Canadians are facing uncertainty these days, and as a result consumers will be “attuned to consumer trends across transparency, value, self-care and automation.”

Each week this month, we’re going to take a closer look at one of Mintel’s four top trends. Trend #3: Health Yourself Self-care…More at

Creating Your Own Business and Loving What You Do!

The entrepreneurs you read about or see on TV may seem like overnight successes—but in reality, creating your own business doesn’t happen overnight. Behind every successful business idea, months (or even years) of thought and planning have gone into launching it. After all, who wants to risk the money, time and effort required to start a new business on a mere whim? One of the keys to success is creating a business you’re excited about. Your passion will help you persist through all the ob…More at

Pass-through Entity Tax Cut Rules Complicated for Small Businesses

Evergreen Small Business A practical how-to blog for small businesses November 20, 2017 By Steve Leave a Comment Last week, House Republicans passed the “Tax Cuts and Jobs Act.” The law gives many sole proprietors, partnerships and S corporations a tax cut by taxing some of their business income at a lower rate.

Furthermore, even as you read this, Senate Republicans work on a similar tax reform package. If you run a small business, therefore, you want to understand the new tax…More at

99 Side Hustle Business Ideas You Can Start Today – Side Hustle Nation

One of the most common questions I hear is how to start a side hustle when you don’t have any good ideas. This is a little list of side hustle business ideas to get your creative juices flowing. It’s by no means an exhaustive list, and I encourage you to add your own idea to the bottom if it’s not on here.

The beauty of these side hustle ideas is that many don’t require a huge initial investment or even necessarily a highly specialized skill-set. And certainly, not all…More at

The Faces of Our Customers | SmallBizClub

Recently, I’ve been trying something new when I meet with clients. I ask, “When was the last time you visited your customers–in a non sales situation? When did you actually see what they do, how they use your solutions? What have you done to get to know them better?

Unfortunately, the responses aren’t surprising. Many have never actually visited a customer. If course they’ve met them at trade shows and industry events, they may have spoken to them on the phone. They’ve had email or…More at

Getting Your Finances in Order for Year-End | SmallBizClub

To run a successful business, getting your finances organized is absolutely essential, not least when preparing for year-end. By keeping track of your profits and losses, you’ll be able to meet your legal responsibilities and ensure every required statement is in the right place.

But, unless you’re clued up about accounting systems and tax forms, getting your finances in order is no mean feat. With this in mind, here’s a quick guide on the steps you need to take when closing out your books…More at

How to Keep an A+ Rating With the Better Business Bureau

The Better Business Bureau (BBB) is one of the largest and most respected independent business review organizations in North America, and their A+ rating is a fantastic testament to a business’s success and longevity. It boosts consumer confidence that your business has ethical and fair practices, and when things go wrong, you can rely on them to fix them.

Basically, a Better Business Bureau A+ rating is one of the best ways you can communicate your commitment to quality for your customers. So…More at

The Small Business Guide To Creating A Perfect Logo | Young Upstarts

Everyone has their own take on what makes a logo perfect. New trends (and fads) in logo design appear every year.

Be careful not to fall into the trap of following every new fad.

Today, small businesses and startups have to compete in an increasingly noisy world, against larger, more established businesses. To do so, they need to get noticed. Customers who are just discovering your brand…More at

5 Rules to Make Customers Love Your Business

Attracting paying customers is what separates entrepreneurs from wantrepreneurs. Ask any entrepreneur and she will tell you that getting customers is one of the hardest parts of business. The inability to attract customers cost effectively is one of the common reasons businesses fail.

Many entrepreneurs focus on customers too late. Before they think about the customer they are focusing on product development, research, design, coding, and a bunch of other important issues. Except that…More at

PayPal and Synchrony Financial Offer More Small Business Options with Expanded Partnership

When it comes to growing your small business, getting the right credit offering can make all the difference. PayPal (NASDAQ: PYPL) and small business online lending company Synchrony Financial (NYSE: SYF) have announced they are expanding their partnership to offer you just that — more options to get credit.

As part of the expanded partnership, Synchrony Financial will acquire PayPal’s U.S. consumer credit receivables portfolio that’s valued at $5.8 billion. “This will…More at

6 Tips to Run a Better Business Meeting – SmallBizDailySmall Biz Daily

Meetings are a necessary evil for every business. But when meetings get out of hand, your employees can end up spending more time in them than doing their actual work. That’s not good for their morale…or your bottom line.

Fortunately, there are ways you can make meetings more enjoyable, faster and more efficient. Try these tips for running better meetings at your business…More at

Small Business Saturday gaining momentum

Seeking year-end profitability, big box retailers and mega-malls needed a promotion to jumpstart holiday shopping immediately after Thanksgiving. Along came Black Friday, with overflowing carts at the registers, so-called door-buster specials, and occasional short fuses. Online retailers did the same for Cyber Monday, with or without compromising credit card security. Local businesses fought back with Small Business Saturday.

You may wish to consider joining the Shop Small movement along the Main Streets in the St. Croix Valley. Shopping Small is part of Small Business Saturday, designed to bring shoppers to local businesses on the Saturday after Thanksgiving…More at

Wendy’s and Other Top Brands on Fast Food Survey Offer Franchise Opportunities

Americans have ranked the country’s favorite fast food restaurants, and Wendy’s restaurant takes the top spot. The burger joint just recently began offering franchise opportunities to investors as it looked to expand.

And it wasn’t the only franchise restaurant that topped the chart. Subway and KFC come in second and third respectively, according to the latest survey of top fast food brands in the country by digital polling company Those companies, too, are…More at

Small Business Revenues and Confidence Surge

The positive outlook on the economy bodes well for growth, as 92 percent of small business owners indicated that a positive economic environment is a critical factor to their ability to grow. Other growth factors include customer demand (93 percent), the ability to attract and retain quality employees (76 percent), favorable government policies (76 percent) and access to capital (63 percent).

The report, however, also found that long-term growth plans remain unchanged from fall 2016, as 51…More at

Health Insurance Rates Skyrocket for Small Business

Small business owners who purchase their health insurance on the individual marketplace are facing growing premium costs that are outpacing revenues operating expenses, according to a new report by the JPMorgan Chase Institute.

In 2014, 16 percent of individual market participants were self-employed. While growth rates in insurance premiums have slowed in recent years, from 10 percent in 2014 to 7 percent in 2017, typical small business owners still spend about $500 per month on premiums…More at

Leave a Reply