Ethan Willis, CEO of Prosper Inc. and coauthor of Prosper: Create the Life You Really Want, talks about how reputation management, both online and offline, should be a priority for small businesses.
Randy Garn, entrepreneur and coauthor of Prosper: Create the Life You Really Want, gives examples of why some business ventures fail, why you shouldn't go to friends and family for guidance, and who you should turn to for advice instead.
Entrepreneur and coauthor of Prosper: Create the Life You Really Want, Randy Garn, shares his insight on creating a successful company and how recruiting the right people can help sustain your business.
Trust in a company starts with their personnel.
Finding the right business partners is essential for startups with limited funds. CEO of Voicebase.com, Walter Bachtiger, shares his insights on finding trustworthy business partners through traditional networks of investors, venture capitalists, and angel investors as well as well-known and established companies.
Avoid being a victim of business registration scams by looking for bogus fees and other expenses. Look out for registration filing fees, business name filing fees, email schemes, amongst others.... Read More
A typical way that accounts payable fraud occurs is when employees write checks to fictitious suppliers. The good news is that systems can be implemented to detect and avoid accounts payable fraud.... Read More
Small businesses should take advantage of the opportunity to classify their businesses. The Standard Industrial Classification Code (SIC Code) and the North American Industrial Classification System (NAICS) are the two primary business classification systems.... Read More
Inventory shrink occurs when a physical inventory count differs from what is recorded. This often is the result of administrative error and theft. An effective inventory management system should reduce both theft and administrative errors.... Read More
If customers put payments off, your cash flow could be in big trouble. You can extend their payment terms, but you still need to collect your money by a date you can plan on.... Read More