Business Blog

Are You Ready To Retire?

6 Tips For Preparing For An Early Retirement Now

1) Cash Flow Positive? Invest! - Start as soon as you can and invest in tax-efficient retirement plans such as an SEP IRA, a SIMPLE-IRA, a traditional 401(k), a Solo 401(k), a traditional IRA or a Roth IRA.
2) Have a Solid Financial Plan and Revisit it Often - Proper planning should take into account tax planning, investments, employee costs (health insurance, wages, benefits), profit-sharing plans, and succession goals.
3) Build Your Business as an Asset - Look for ways to grow it as a sustainable and attractive asset so that it’s profitable even when you are not there – and retains its appeal to potential buyers.

How to Become a Certified Woman-Owned Business

Follow These Steps

Make Sure You Meet the Criteria
The most essential requirement for achieving certification as a women-owned enterprise is majority control. That means a woman must own 51 percent of the business to qualify for certification. However, ownership is just a small part of the equation.

How To Deal With A New Competitor

6 Tips for Dealing with a New Competitor on the Block

1. Don’t Get into a Price War - Cutting prices to retain customers or distract them from “opening offers” from your competitors is a game you can never win and has a number of consequences.
2. Zoom In on Your Niche - Face facts. You can’t expect to hold on to every customer. Accept it and focus your energy on identifying your ideal customer and developing a plan to win your share of that niche.
3. Assess Your Competition and Fill the Void - Get to know your competition. What are they doing differently? What are they good at? What are their weaknesses? The latter is important because it gives you an opportunity to step-in and step-up your game in these areas.

What Is Most Important When You Negotiate?

10 Negotiation Tips for Women

1.- Be Yourself
2. - Understand That Is Doesn't Hurt To Ask
3. - Negotiate For Yourself As If You Were Negotiating For Someone Else
4. - Master The Details, But Be Flexible

How You Can Succeed in Business

9 Helpful Tips

1. Remember why you entered the business in the first place.
What attracted you to this business or industry?
2. Be totally disciplined to your value proposition.
Of course, this implies that you have a good, strong value proposition. Take the time to develop your value proposition.
3. Focus on your customer.
If you aren’t really listening to your customers and following through on their suggestions, you won’t win.

How Can I Capitalize On Brain Differences?

Use Advantages Of Being A Woman

1. Give yourself permission to use your natural creative ability to solve problems. Because you tend to process equally well between the two hemispheres of the brain, you may be able come up with more solutions (quantity) and better solutions (quality) than men who are primarily problem solving from the left hemisphere of the brain.