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The Top 10 Musts That Should Be in Your Business Survival Kit

CHICAGO In the bubble days of the 1990s, it used to be that every company needed great office space, fancy furniture and the best foosball money could buy to launch their business.

It was more important to look like a real company than to be one so you could attract great employees and lots of interest from investors. This became very profitable for companies like Herman Miller, landlor......

Full article >>> Its much easier to make money if you have 80 percent gross margins than 20 percent gross margins. Even I understand this math.

8) Low fixed costs. This will keep your business flexible regardless of how much business you are able to bring into it.

9) Enough cash on hand for when things go badly. If you can, save for when sales go down or a large customer fails to ......

Full article >>> isor or mentor with no vested interest to provide objective feedback about their business. She added: This dialogue, which I prefer to have informally over a good cup of espresso, can foster new ideas and identify innovative solutions to problems.

Jason Felger at the Chicagoland Entrepreneurial Center recommends that business owners have a strong network of people.

This should ......

Full article >>>
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Source:wistechnology.com By Barry Moltz 10/08/03


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