Featured Business Guidance Articles

Predict Future Economic Activity

The ability to predict future economic conditions is useful in business, business planning and investment. Turns out there’s a pretty easy, inexpensive and reliable method for doing so — at least for short-term forecasts of less than a year.

It Starts with Lead Generation

You cannot grow revenue and earn high profits without first becoming great at lead generation. If you aspire to be in the business fast lane, lead generation is your fuel.

What’s the key to lead generation? Every business is unique, so it’s a question you must find the answer to yourself. It’s a challenging task, to be sure, but it’s imperative. For some, a key component is the physical location. The signage and “look” that get the right prospects in the door. For almost all types of businesses, it’s about figuring out which types of campaigns are most effective.

To Make a Bequest

How can you stipulate who gets what at your death? A will.

What if your wishes change? Create a new will or amend your existing (by “codicil”). A codicil must conform to certain laws as to design and execution, just as the will must. You’ll want your attorney to assist you. Or just put your new wishes down on paper, then sign and date it. Actually, make three originals. Attach one to the copy of your will; give one to the attorney who created your will and one to the executor of your estate (as directed in the will).

Latest from The Business Owner Blog

U.S. Headed for Bankruptcy

You knew him. He was the talk of the town. Spent a fortune. Had everything. Then, suddenly, busted. Bankrupt.

Everyone was shocked.

Heads Must Roll

The Chief Executive of British Petroleum (BP) will be fired within the week. This was reported yesterday by the British Broadcasting Corporation (BBC) and corroborated by various sources.

And so, once again, we see large and successful organizations – when things go wrong – make a change. Send a message. Roll some heads. Can we learn from them as owners of small and mid-size companies?

Stay the Course Despite Stock Market Drop

What can we read into the stock market dive of late?
It’s just a sign things are getting back to normal.
According to the Richard Cripps, Chief Investment Officer at Stifel Nicolaus. “There have been ninety-two corrections of ten percent or more since 1928, or one every eleven months.” In April he said a 10% correct as likely to soon occur, based on historical precedence. "We are due," Cripps said.
And it did.