Home: Authors: Laura Bell
Freelance Writer

Status: Member since December 17, 2008
Location: United States of America
Articles: 83 Active Articles, resulting in 12189 views
Feedback: 9 comments on these 83 articles

Laura Bell is Freelance Writer. The Bell Business Report offers common sense business advice and how-to info for running your business. It takes the everyday headlines apart, dealing with business news, and shows you how to put that information to work for you.

If you are running your own business, crazy clients will pop up in your life. This is more oriented to those offering services. Products sellers will have nutty customers from time to time, but the effect is not as potentially damaging.
This question was asked of me recently regarding a mutual unemployed friend. She didn't take into consideration that he was receiving unemployment. So, he had some basics covered. You might want to consider a low-ball offer if in truth you have absolutely nothing coming in.
I chatted recently with a woman who was desperate to start her own shop. She had a big hurdle to overcome first, her credit card debt. Starting a business is hard enough without having to worry about paying off personal debt. Take care of that problem first.
The Small Business Administration still swears most businesses fail in the first five years. I am still swearing by the idea that this is usually a lack of planning. The planning, more than likely, leaves out expansion.
I have heard several small business owners whine about a workload and claim they couldn't possibly market for new clients. This would put them under pressure that couldn't handle. You don't ever want to find yourself in the position of turning down work. The only way to avoid it is to plan ahead.
We have all seen the television commercials where someone is throwing off the shackles of working for someone else and launching his own. Freedom to do your own thing is the theme. And, of course, while you are it, come and buy our products.
I just had a Linkedin member ask me to consult on a project in exchange for equity. And, perhaps down the road, three to six months, they would have the money to pay me. Ah, gee! Well, no!
Everyone is worried about the slow economy and the high prices that are driving us all nuts. Nightly news spotlights keys to help with gas and where to eat out.
Some people are just bound and determined to conclude that big businesses in any given market niche pose a dire threat to small business owners.
The economic principles effecting business fill a textbook. The importance of understanding them holds true if you own or simply manage someone else's business.