The Consumer Electronics Trade Show isn’t only about the next big-screen TV and ultra-thin notebook computers and smartphones. The world's largest consumer technology tradeshow also unveils a host of new technology to help small business owners run their companies more efficiently. From super light computers to secure, portable hard drives, here’s a look at what entrepreneurs should keep an eye of out for throughout the year.  

Hewlett-Packard’s Envy Ultrabook (


Be the envy of clients and investors with this portable computer. HP used Corning Gorilla Glass to make the majority of this ultra-thin device that is scratch resistant. While the computer is geared toward consumers, it’s also ideal for small business owners that want to show PowerPoint presentations in style with its full 14-inch screen. The ENVY doesn’t come cheap, it will hit store shelves on Feb. 8 with a price tag of $1,399.99,- ...Read More

Start a Business for Under $500Do you like organizing cluttered garages? Do you make mouth-watering cakes? Do you love to make jewelry? Are you good at planning special events? If you've been thinking about starting a business as your next career, now could be a great time to turn one of these hobbies into a thriving small business -- even on a bare-bones budget.

Starting a business on the side is a smart way to get your feet wet as an entrepreneur. Look first at the services and goods you already provide for free to friends and family. "The best way to start a business for less than $500 is to figure out how to get paid for what you love to do," says Clyde Anderson, a financial lifestyle coach and CNN contributor in Atlanta. "It's crucial for anyone who's looking to start a business to determine what gifts and talents they already have and to convert them into an actual business." ...Read More


side profile of a cargo truck pulling out of a warehouse - side profile of a cargo truck pulling out of a warehouse | (c) George Doyle
New York— TheStreet

 The overall economy may have a stubborn grey(ish) cloud above it, but there are a more than a few industries with significant expectations for growth in the new year.What are the hottest industry segments going into 2012?

The overall economy may have a stubborn grey(ish) cloud above it, but there are a more than a few industries with significant expectations for growth in the new year.

According to the International Franchise Industry’s 2012 Business Outlook report, the top franchise business lines for 2012 include personal care services, such as laundry and dry cleaning, entertainment and recreation, personal transportation and credit intermediation – for which output is expected to rise 6.2 per cent next year. That’s followed closely by retail products and services (driven by a steady, albeit slow, rise in consumer spending) and real estate, though this is off a low base, the December report says.

Whether part of a franchise or truly on your own, here are five other industries with significant growth potential in 2012: ...  Read More



by / Jan 13, 2012 / Posted in: All, Growing your Business, Managing

Unfortunately, small business owners believe a lot of myths about how to run their companies. These are things they assume to be true, but when put into practice, simply don’t work. Here are the top ten business myths, and the truth about each of them.

1. The customer is always right. If the customer was always right, every company would be out of business! Running a business at the whim of the customer will never lead to a profitable company. However, since the customer is always the customer, it is important to see things from their point of view, listen and empathize. The next step is to firmly set their expectations from the start so they will be satisfied at the end. ... Read More

7 Common Mistakes that Impact Cash Flow and How to Avoid Them

January 3, 2012   |   No Comments

Cash flow is a lifeblood for small business. Fail to plan properly for the month-end cash flow needs and you will start losing your sleep when the time arrives to write paychecks for employees or to pay vendor bills. That’s why it is very important to keep a keen eye on money coming in and going out, and plan for those times when you will need sizeable cash outflow. Not only that, but you have to take into account unexpected emergencies that will force you to spend money here and now. In earlier post, we showed how managing your inventory, account payables and receivables can help you better manage your cash flow.

In addition to those tips, you should also look at the obvious as well as not-so-easy-to-find ways in which small business owners squander cash and end up in dire situations. Here are examples of the mistakes many small business owners make and how you can avoid them. ... Read More