Thursday, September 09, 2010

Business_Know_How

Welcome to Business Growth!

You Go Girl!

Welcome to the Business Growth Center! Here you can read business articles, get resources and information to help grow your business.

 

credit_approved10 Ways to Build Your Business Credit

by Trina Newby, Business Success Coach

Let's face it, personal and business credit are essential to your financial health as a small business owner. It's important to understand this and learn as much as you can about building and maintaining a good credit score for your business.

Having a business credit score of 75 or higher through Dun & Bradstreet is essential and can help you especially when trying to get lines of credit with vendors.  While cash loans, such as an SBA loan, micro loan or personal signature loan will require a review of your personal credit  - your business credit score will help also in making a final decision.

 

woman_hands_ongraphMaking It Happen!
Seven Ways to Grow Your Business

by Trina Newby, Your Success Coach!

Needless to say, managing and operating a small business can be quite challenging at times.  Each year we set new goals of how much revenue we would like to see in our business, how many customers we would like to have and how we will market.  These are just some of the common goals that mostly all small business owners set for the new year.  However, growing a business is more than just setting goals; it’s also about evaluating your business and researching your industry, as well as determining what you need to change from a personal development perspective to move your business to the next level.  Once you have determined where you can make improvements or add new strategies then you must have the skills and know-how to implement them.

   

Running Your Business Solo!
Being Clear On Your Business Priorities

by Trina Newby

woman_phone_computerLet's face it, many businesswomen live a multi-tasking life and being able to juggle things at a moment's notice has its advantages and disadvantages.  Let's take running a business for example:  If you're a solo-entrepreneur one disadvantage is that you have to complete many day-to-day tasks if you don't have the budget to contract others to help you and for most businesswomen this is the case.  These tasks can include handling correspondence, making prospect calls, marketing the business, bookkeeping, closing the sales and oh yes, providing the service or processing the product order.  What's a businesswoman to do?  Well the answer is not an easy one, but an advantage point is being clear on your business priorities.

When you operate your business solo there are many things that you might feel are important, but you will have to sacrifice them in order to make room for the operations of your business.  Consider your business to be a child that you are raising to be a responsible adult one day and in order to do that you must nurture and do what's in the best interest of the child. For a businesswoman it means your business priorities should include:

   

12 Must Ask Questions to Evaluate Your Business!

clipboard_evaluateI believe the process of questioning is one of the greatest skills a business woman can have when it comes to staying in touch with how your business is performing and how you are doing as the CEO of your company.

Asking yourself the right questions and finding solutions and answers to them will not only help you to stay on the road of being real with yourself, but it will also help you to see the necessary changes that need to be made for business growth.
   

Business Survial In A Challenged Economy

woman_economy_money

Most businesswomen have concerns about the declining economy and how it will impact their business. Many have already seen a decrease or drastic decline in sales. However, it is these challenging times that businesswomen must learn to deal with and “tough it out.”

   

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