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Michael J. Carr

Hiring is Difficult, Even With High Unemployment

High unemployment should lead to a large pool of potential hires but many businesses are finding applicants lack the skills they need.

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Build a Brand When Starting Your Business

A small business can grow and become a large brand. It is important to define the brand when building a business.

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Create a Credit History Before Applying for Credit

Your business credit history will be reviewed by potential lenders. It is important to be sure you have a history available for review.

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Hiring Overqualified Employees Could Help or Hurt

Some applicants may seem overqualified for a position. It is important to consider the pros and cons of hiring an overqualified candidate.

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Develop a Social Media Strategy to Boost Sales

Social media is an important presence in many people’s lives and cannot be ignored by most business owners.

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A Business Lesson From Abercrombie & Fitch

Although his message may have been unwelcome, a retail CEO made news when he explained what his ideal customer looks like.

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Reputation Management Basics for Small Businesses

Small businesses create reputations for excellence in their local communities. Online reputation management can be equally as important.

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Tax Planning for Small Businesses

Small businesses should consider taxes when making decisions but taxes should rarely be the factor that drives a decision.

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How Much Does the Average Small Business Make?

Government data shows that the average business generates about the same amount of revenue as a typical job would pay.

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Is a Salary Better Than Owning a Business?

The compensation of a business owner includes more than just a salary. It is important to consider that when assessing total compensation.

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How to Turn Around Bad Business Credit

Bad credit in any business is almost always related to the same problem. While addressing a credit problem, you can improve your business.

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Bloomberg Demonstrates Value of Customer Data

Data on who your customers are and how they use your products could be one of the most valuable assets of a business.

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Put Your Business Credit Back on Track

Small problems can quickly become large problems where business credit is concerned. Acting quickly is the best defense.

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Business Success and Income Taxes

Taxes are an inevitable part of business success. Business owners should plan for taxes payable to local, state and federal governments.

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Should Regulations Impact Business Decisions?

Regulations at all levels seem to be increasing and small businesses must make decisions about how to adapt in this environment.

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Solve Credit Problems Before They Grow

Credit problems are actually a symptom of a larger problem in many cases. Solving the credit problem could also address the larger problem.

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Set Up a Business With Access to Credit

When starting a new business, entrepreneurs should consider how they will obtain credit since credit may be necessary for operations.

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Business Credit Building 101

Business credit is within reach of any successful business.

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Business Survival in a Tough Economy

Many analysts agree that the economy has suffered an extended period of slow growth. This creates challenges for small businesses.

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Create Credit Opportunities for New Businesses

New business owners may find that credit is difficult to obtain. With diligence, it should be possible to overcome that difficulty.

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Real Estate Prices Can Be a Business Indicator

Widely publicized economic indicators track the national economy. Local economic growth can often be tracked with real estate activity.

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Use Credit Reports to Grow Your Business

Credit reports can be used to help your business develop a sales plan and identify the best prospects for new sales.

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Businesses Use Credit Histories for More Than Loans

A business credit history can be thought of as a report card of a small business. Be sure you are getting the credit you deserve.

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How Social Media Can Keep Investors Away From Your Business

Investors conduct extensive due diligence before committing funds. Social media could hurt your chances of securing financing.

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Home-Based Businesses Could Yield Tax Savings

Businesses operated from home could help business owners, whether they own or rent, lower their tax bills.

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