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InstaMerchant
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Good lesson for any business.
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Wanting to improve your time management? Track how you spend your time.
Do this for one week. Many people are entirely unaware of what they do hour to hour and where the day goes. This simple exercise of noting what you're doing each hour can have a huge impact.
You might find you spent 15 minutes every morning trying to decide what to wear each day. That's almost two hours a week spent deciding what to wear. Or maybe you spend almost an hour a day reading sports scores even though your intention is to just "check them quickly." Track your time and know where you're spending it.
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Having great products and services that people talk about is a critical part of your brand and why you are in business. Even the most outgoing and charming small business owner is not going to succeed in bringing customers back, unless the product or service they provide delivers and exceeds expectations. Don’t lose sight of your product – keep refining it, testing new offerings, and making sure you always put product first, not the money it brings in.
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There are many things you can do to Avoid Identity Theft and Credit Card Fraud. One way is to Shred Everything!
If you've always thought about buying a shredder but haven't yet, you should make that purchase today.
Shredding documents is one of the best ways to protect yourself against identity theft and fraud. By shredding all documents that contain any personal information (including your address, telephone numbers and other, more sensitive data), you make it a lot harder for someone to find any sort of useful information to use against you.
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Here is an interesting fact; you don't have to know the whole credit card number to determine what type of card it is.
As an example:
If the first two numbers are 34 or 37, it's an American Express card
Visa cards always start with a 4
If the number starts with a number between 51 and 55, it's a MasterCard
Discover cards all start with 6011 http://ow.ly/vMTLM
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Are you a first time business owner? Do you know what you know, what you don't know and who knows what you don't?
No one knows everything. Surround yourself with advisors and mentors who will nurture you to become a better leader and businessman. Find successful, knowledgeable individuals with whom you share common interests and mutual business goals that see value in working with you for the long-term.
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Here's a money saving tip: Pay your bill twice a month.
This is an easy way to keep your credit card balances under control and bills paid on time while helping to boost your credit score. By paying more often, overall balances stay lower, which helps your utilization rate for that card, a key factor in calculating credit scores.
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Ever wonder what successful people do before breakfast? One study showed they read the news. Whether it’s sitting in the corner diner and and reading the papers or checking the blogs and Twitter from their phones, most successful people have a pre-breakfast ritual for getting the latest headlines. By the time they get to work, they have a pretty good idea of what’s going on in the world. Then, they can get down to the business of changing it.
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Tax day is right around the corner. Determine whether you can use the simplified home office deduction, which allows you to write off $5 per square foot of home office space, up to $1,500 for 300 square feet. Some businesses can itemize deductions and claim more than $1,500 for the cost of home offices when they include other costs such as Internet service.
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A Tip from Successful Entrepreneurs:
Build a team immersed in your vision.
"For me, it's more than just hiring experienced people. It's important to demonstrate the type of organization we want to be," says Mike Mondello, president of SeaBear, which supplies fresh and smoked wild salmon directly to consumers. To bring to life the vision of building a seafood brand based on world-class, sustainable wild salmon, Mondello used a team meeting to showcase a fisherman whose way of catching fish resulted in a better end product.i
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