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John Rick Klaras

business plan

Why Business Plans Are Worth Their Weight in Gold

Learn why developing a business plan can be incredibly important to a new company’s success.

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low overhead business

6 Tips on How to Start a Small Business with Low Overhead

It doesn’t take a stable of venture capitalists to fund your new business. Many enterprising ideas can get off the ground with relatively little investment.

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WBENC Certification

What Qualifies a Business for WBENC Certification?

Not every women-owned business will be eligible for WBENC certification. Consider the requirements before you apply.

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What Qualifies a Minority Business for the 8(a) Program?

Gaining access to the benefits of the 8(a) Business Development Program can depend on more than your racial or ethnic background.

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Getting Your EIN

A nine-digit Employer Identification Number (EIN) is assigned by the Internal Revenue Service for the purpose of identifying a business. Most businesses are required to have EINs to legally operate in the United States, but there are notable exceptions. Does Your Business Need an EIN? The federal government requires any business that has employees to […]

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4 Top Companies With Goals for Minority-Owned Businesses

These trailblazing corporations have backed up their talking points with real commitments to supplier diversity.

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4 Ways Your Women-Owned Business Status Can Fuel Growth

Certified women-owned businesses that skillfully leverage their designation have the potential to outmaneuver competitors both big and small.

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Local Programs for Minority-Owned Businesses

Minority business owners face plenty of challenges, but help is available. Find out more about local programs that assist MBEs.

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How Do You Know When It’s Time to Hire?

How do small business owners know when it’s time to hire? Are there other options to help them ease their workload and maintain their business’s commitment to quality?

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How to Manage Your Employees More Effectively

Getting the Most From Your Staff When you first start your small business, you generally have to fill a lot of roles. A small business owner may play the part of salesperson, product developer, marketing specialist, janitor, and more. But as your small business grows, there will be a time to hire others to fill […]

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How to Help Insulate Your Business From Risk

Small-business owners, learn several things that you can do to help reduce the potential damage from risks that may be unavoidable.

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Guerrilla Marketing for Your Small Business

If you’re a small business owner, then you’re probably not the risk-averse type. You most likely know that fortune favors the bold, and aren’t scared to take a chance on a great idea. You probably also possess some creativity: where almost everyone else sees business as usual, you may see an opportunity to “build a […]

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Why Raising Prices Can Be Good for Business

The subject of raising prices or hourly rates is a touchy one for many small-business owners, but there are times when raising prices can actually be good for business.

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Small-Business Risk Management

Small-business owners often risk everything. But there are ways for small-business owners to reduce their exposure to risk, and to mitigate the damage when risks become realities.

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Should You Hire an Accountant to Do Your Small Business’s Taxes?

As a business grows, its finances become more complex, which can make filing taxes difficult. Should small-business hire professional accountants to do their taxes?

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Should Your Small Business Be on Wikipedia?

Only Google, Facebook, YouTube, Yahoo, Baidu outrank Wikipedia. Should you try to get your business listed on Wikipedia? What are the guidelines governing entries?

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How to Recruit Great Employees

Taking on a new employee can be stressful for small-business owners. What can they do to make sure they recruit the best employees, and avoid hiring the wrong ones?

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Doing Business Abroad? Avoid These Faux Pas

Small-business owners who do not take the time to educate themselves on international business etiquette run the risk of unwittingly jeopardizing business relationships.

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Protecting Your Small Business Against Patent Trolls

Patent trolls file vague patents that they have no intention of using in order to establish grounds for frivolous lawsuits. How can business owners protect themselves?

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The Small-Business Credit Situation Is Improving

Following the financial crisis of 2008, big banks dramatically scaled back their small-business lending programs. Now, the floodgates seem to be opening for borrowers.

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Business Credit: Are You the Ant or the Grasshopper?

Small-business owners should follow the ant’s lead. The need for extra capital is inevitable, and the best time to build business credit is long before it is needed.

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CRM For Your Small Business

Some small-business owners are so eager to bring in new clients that they don’t pay attention to their existing ones. CRM is a crucial part of any successful business.

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How to Fire an Employee Gracefully

Having to let employees go is one of the most difficult jobs any employer has to do. While one can’t make a dismissal pleasant, there are ways to fire staff gracefully.

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The High Cost of Bad Business Credit

That business credit ratings affect interest rates on loans is not really news. But poor business credit can be costly in other ways that some small-business owners might not consider.

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When it Comes to Small-Business Credit, Preparation Is Crucial

Having good credit benefits small businesses in a number of ways, but good business credit doesn’t happen automatically. Building a solid rating takes preparation.

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