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.
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.
Trust in a company starts with their personnel.
Extending credit is essentially offering an unsecured loan. Banks typically begin their evaluation with these four points: liquidity, collateral, character/repayment history, and ability to repay. Before making your decision, you should do the same.... Read More
If you own a business, you may at some point be approached about selling it. Entrepreneurs often do not prepare in advance for sale; doing so is essential to a successful sale.... Read More
Every entrepreneur should seek advice to make better decisions. The best business advice entrepreneurs can get is to learn from the mistakes made by others.... Read More
Fraudulent behavior by employees isnt only a phenomenon in large companies. Most small businesses are exposed to employee fraud, and the effects can be even more damaging than those inflicted upon big businesses.... Read More
The risk of business fraud is greater for small businesses because one instance of fraud could wipe out a small firm. It is critical for business owners to take the necessary steps to prevent fraud.... Read More
For many businesses, accounts receivable makes up a huge percentage of sales, making it one of a companys most valuable assets. It is possible to protect accounts receivable with credit insurance.... Read More